$CommBank (CBA.AU)$
Nowhere near those American financials but CBA has an all time high close today of $147.26
They are different but not totally different. That's a good thing.
Nowhere near those American financials but CBA has an all time high close today of $147.26
They are different but not totally different. That's a good thing.
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Cocona33
liked and commented on
My partner and I are thinking about having a little one. I'm really excited about becoming a parent, but I'm also mindful of the financial side of things. I'm keen to hear from others who've been in our shoes. I reckon I'm a family person, but with the economy being a bit shaky right now, I'm unsure if it's the best time to start a family in my 20s.
So, if y...
So, if y...
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1) A few weeks ago KAP announced that Kazakhstan is increasing prod cost of 40% of 🌎 uranium production because they want more revenue for their country (understandable) => increases production cost for KAP and the JV partners Orano, CCJ, Uranium One, CNNC, CGN => production cost curve of uranium sector increases => seller asks a higher sell price => uranium price increases
2) uranium LT price continues to increase based on fundamentals, while uranium spotprice today is only ~5% higher than LT p...
2) uranium LT price continues to increase based on fundamentals, while uranium spotprice today is only ~5% higher than LT p...
Cocona33
liked
With the world focused on the Paris Olympics, the Reserve Bank (RBA) is being advised to avoid hasty decisions regarding interest rate hikes.
Bell Partners Finance managing director Mark Stevenson (pictured above) stressed the potential repercussions of increasing the current OCR of 4.35%.
“The rate increases have had a big impact and continue to do so. Another increase will hurt badly,” Stevenson said, highlighting the struggles faced by mortgage holders amid 1...
Bell Partners Finance managing director Mark Stevenson (pictured above) stressed the potential repercussions of increasing the current OCR of 4.35%.
“The rate increases have had a big impact and continue to do so. Another increase will hurt badly,” Stevenson said, highlighting the struggles faced by mortgage holders amid 1...
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Info via Reuters Polling on the upcoming Reserve Bank of Australia meeting, showing that the RBA is expected to keep cash rate at 4.35% on Tuesday, August 6
No rate cuts seen until Q1 2025 despite inflation easing
32 out of 33 economists predict no change at the August meeting
Market pricing shows 55% chance of a cut by end-2024
Inflation forecast: 3.4% in 2024, 2.8% in 2025
https://www.forexlive.com/news/australian-q2-core-inflation-08-qq-expected-10-20240731/
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No rate cuts seen until Q1 2025 despite inflation easing
32 out of 33 economists predict no change at the August meeting
Market pricing shows 55% chance of a cut by end-2024
Inflation forecast: 3.4% in 2024, 2.8% in 2025
https://www.forexlive.com/news/australian-q2-core-inflation-08-qq-expected-10-20240731/
...
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Hopefully the BHP board can now move on and let Anglo American reorganize themselves and separate out/divest the stuff they don't want leaving it open for an easier transaction in the future, The only issue is that the break up of Anglo will make some parts of it more attractive to other bidders besides BHP so there might be some competitive tension to deal with for the South American Cu assets and Australian Coal. I can see the Vale and the Chinese buying all the crap assets that BHP don't want...
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It was nice to see some green today on the $ASX
A couple of lithium names gained some ground today after a brutal sell off.
Have a great weekend all! $S&P/ASX 200 (.XJO.AU)$
$Aura Energy Ltd (AEE.AU)$
$Peninsula Energy Ltd (PEN.AU)$
$Big River Industries Ltd (BRI.AU)$
A couple of lithium names gained some ground today after a brutal sell off.
Have a great weekend all! $S&P/ASX 200 (.XJO.AU)$
$Aura Energy Ltd (AEE.AU)$
$Peninsula Energy Ltd (PEN.AU)$
$Big River Industries Ltd (BRI.AU)$
If the iron ore futures price was a song, it would be 'Smells like teen spirit', by Nirvana.
It seems the IronOre price is getting 'high' of the 'perfume' that China's steel market could finally be turning around. Let's see if the price action sticks. $BHP Group Ltd (BHP.AU)$
It seems the IronOre price is getting 'high' of the 'perfume' that China's steel market could finally be turning around. Let's see if the price action sticks. $BHP Group Ltd (BHP.AU)$
Imagine you bought something from JB Hi-fi 6 months ago.
You get a call from them saying they just found it they overcharged you, they are sending you 1,000 back.
Are you happy that you are getting 1,000? Or are you pissed off that they overcharged you in the first place?
It's like getting fired, but getting a good redundancy. Having your engine blow up, but it's fully covered under warranty.
It's a 'good' thing that you definitely want to happen. But it's better to not be in the situation that ...
You get a call from them saying they just found it they overcharged you, they are sending you 1,000 back.
Are you happy that you are getting 1,000? Or are you pissed off that they overcharged you in the first place?
It's like getting fired, but getting a good redundancy. Having your engine blow up, but it's fully covered under warranty.
It's a 'good' thing that you definitely want to happen. But it's better to not be in the situation that ...
2
Uh oh. Inflation at 4%, Albo cannot blame international causes for this. This is domestic.
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