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CyberMongrel Private ID: 151464795
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    CyberMongrel commented on
    Welcome to the Moomoo App Webinar! Jessica Amir (Market Strategist) and Michael McCarthy (CEO) will highlight the policies and promises that could move the markets. They'll examine the freshly released Federal Budget for clues to the election and potential market opportunities.
    Moving to international opportunities, Jessica will lay out the case for dip-buying US technology stocks, and the potential compelling opportunities that US-listed, China-facing ...
    Changing policies, new opportunities
    Mar 27 10:00
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    26
    Honestly I don’t understand why they think a rate cut is so important. It’s $93 off a $600,000 mortgage, surely there’s not an overwhelming population of households stretched so thin that $93 switches their vote, or that they’ll attribute that to the government as opposed to the independent RBA?
    And 1 rate cut after 11 or 12 rate hikes surely doesn’t solve everything
    1
    $BHP Group Ltd (BHP.AU)$ I can't believe how weak the SP is still. I was topping up between this and RIO when I bought a week ago, RIO has rallied several dollars while this has barely moved. Meanwhile CBA floats higher on magic fumes... anyway been here before, patience for now.
    Yes I have a positive view point on BHP but they have to haul ass to export as much copper as they can dig up, preferably buy existing mines that are shovel ready or are in production. Anglo would have been beautiful, but Glencore of course along with Trafigura, Mercuria & Cofco had other ideas about protecting their money tree. Henry would have been vomiting out the back of the Boardroom im sure of it.
    BHP have got to become a lot more aggressive and start throwing their weight around instead o...
    Liked this graphic - the US joins the easing cycle - notably Australia hasn't cut yet. 50bps puts the RBA under a little bit more pressure to cut than it was, but it is still unlikely to cut this year.
    $Westpac Banking Corp (WBC.AU)$
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    CyberMongrel commented on
    Thank you for the block orders.
    Making money is all about the market, not about ability.
    Goodbye until next time 👋
    $ZIM Integrated Shipping (ZIM.US)$
    Translated
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    4
    The price of iron ore has experienced notable fluctuations over the past 12 months due to various factors such as global demand, supply chain issues, and geopolitical events. Here's a general overview:
    Early 2023: Iron ore prices were relatively stable, with prices hovering around USD 100-130 per metric ton. Demand was consistent, and supply was stable.
    Mid-2023: Prices saw some volatility, influenced by fluctuations in demand from major consumers like China and supply disruptions from key produ...
    A few days ago, the US passed the bill to ban Russian #uranium.
    Western Australia are out the question for now even though WA could produce uranium worth more than A$1bn ($652m) a year!
    We need more uranium supply.
    $ASX Ltd (ASX.AU)$ $Peak Minerals Ltd (PUA.AU)$ $BHP Group Ltd (BHP.AU)$
    Mining stocks in Oz tanking hard, down by a whopping 2.2%!
    Hitting rock bottom since Nov 4 last year. Iron ore prices weak as a kitten, dragging down the sub-index for the FIFTH day straight.
    $BHP Group Ltd (BHP.AU)$ and $Rio Tinto Ltd (RIO.AU)$ feeling the pinch, diving 2.3% and 2.7% respectively.
    Ouch, looks like miners need a pick-me-up pronto!
    Australia’s core inflation unexpectedly decelerated last quarter, supporting the Reserve Bank’s view that prices will gradually ease and prompting money markets to boost bets on an interest-rate cut. The currency and bond yields dropped.
    Traders abandoned wagers on policy tightening at the RBA’s meeting next week after the closely-watched trimmed mean inflation gauge, which smooths out volatile items, advanced 3.9% in the second quarter fr...