Australian and US bond yields reflect growing sentiments against rate hikes. Meanwhile, Israel signals a potential ground assault, escalating Middle East tensions.
The S&P/ASX 200 rallies past 7000, influenced by US Federal Reserve’s stance and NAB’s inflation insights, with all sectors, especially utilities and energy, registering gains.
Oil prices soar over 4% following Hamas’ unexpected attack on Israel, raising global concerns about Middle East stability and potential disruptions to energy supplies.
With the Hamas-Israel conflict escalating, oil prices are poised to rise due to potential supply disruptions. Karoon Energy, holding a significant interest in Brazil’s Santos Basin, is well-positioned to benefit from these price surges. An entry at <2.57, targeting >3.00, captures this anticipated oil price uptrend. The 9% trailing stop loss offers a protective measure. In this volatile oil market, Karoon presents a timely and strategic investment opportunity.
In light of the recent Hamas-Israel conflict, global markets are bracing for heightened volatility. Historically, during geopolitical tensions, gold has been a sought-after safe-haven asset. Investing in Ramelius Resources Limited, a reputable gold producer, offers a strategic hedge against such uncertainties.
Amid the Hamas-Israel conflict, oil markets will be volatile. Short-term price hikes are likely. Investing in Woodside offers a hedge against such disruptions. Currently undervalued, Woodside also boasts a strong dividend yield, making it an attractive and strategic investment choice in these uncertain times.
Despite global economic headwinds, the S&P/ASX 200 index surges, with financial and mining sectors shining bright. Magellan’s dip contrasts the market’s overall resilience.
Equity markets have all taken a beating with rise in Bond Yields. Oil dropped 5% overnight so this could help stall the bond rally, which would lead to a relief rally in equities. Use a trailing stop on this trade
Amid global economic shifts, Australia’s trade balance hits a notable high, while the S&P/ASX 200 recovers, reflecting the market’s adaptive resilience.
The Australian sharemarket approaches an 11-month low, influenced by global rate concerns and Wall Street’s reactions, with tech giants and major banks facing significant drops.
The RBA maintains a 4.1% cash rate amidst rising inflation concerns, prompting bond yields to ease and the sharemarket to hover near a six-month low.
General market risk-off, global bond yields have reach new multi-year high causing a sell off in risky assets.
