The setup for Australian stocks, commodities, and China-facing stocks listed in the US could not look more bullish. And it seems we’re witnessing the birth of a brand-new bull market. What are we seeing? Iron ore prices rose 10% on Monday, seeing the price of the key iron ore ingredient break out of its downtrend to US$112. Australia’s share market$S&P/ASX 200 (.XJO.AU)$hit a record all-time high on Monday after rising for three consecutive weeks. China's mar...
The Dow Jones blue-chip index$Dow Jones Industrial Average (.DJI.US)$hit a brand-new record high of 42,063. The big 30 US stocks index was the only index with a gain, in a league of its own as global stocks bowed down despite the Fed cutting interest rates. Global stocks fell as options expiry hit markets, along with end-of-quarter rebalancing. Adding to weak sentiment, the US is said to be planning rules t...
There's a lot to unpack after the Fed made a “strong” 0.5% rate cut. It will echo through global markets, as will the Fed' slower economic growth and higher unemployment estimates (see below*). While investors will weigh up how much the Fed's further ~2% of rate cuts coming down the line could support global markets and asset prices. There's a lot to assess over the coming weeks and months. But it's fair to say ‘sell ...
$S&P/ASX 200 (.XJO.AU)$American market tanks Europe to after cuts then to recovery in ah funny screwed me both way my calls screwed now my puts perfectly America markets are fully rigged
Anybody mentioned the daily fluctuation of ASX?$S&P/ASX 200 (.XJO.AU)$Get mirrored by the US stock market. Though not as bad as the Black Monday last month but still looks bloody. The question lingers: Is this a temporary setback or a harbinger of further turbulence? I got some considerations: 1. Australia's GDP: The 0.2% QoQ and 1% YoY growth is in line with expectations, suggesting a steady but not overly robust economy. 2. RBA Interest Rate Decision: The consensus is for no change in rate...
Stock Markets Seasonally Sour in September – Beware of that. Before rebounding in October September is traditionally the worst month of the year for shares. This has been the case over the last 95 years, as well as over the last 40 and 30 years. Average losses for the S&P 500$S&P 500 Index (.SPX.US)$are 0.7% for September when looking back over the past 30 years. Over the last 40 years, there's been an average 1.1% loss...
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Fine and sunny for a change in WA , bring on spring time for mining to get a their houses in order and take advantage of gold price go you good things amongst others of course
G'day, mooers! Check out the latest news on today's stock market! • Market Pulls Back From After Eyeing Records • ASX falls but WiseTech, Brambles soar • Stocks to watch: STO, DMP, IAG, etc. Wall Street Summary After opening to a green, ninth session of gains, the market pulled away from all-time highs. If the$S&P 500 Index (.SPX.US)$closed higher, it would be its longest winning streak for the year, but short...
What are we seeing? Iron ore prices rose 10% on Monday, seeing the price of the key iron ore ingredient break out of its downtrend to US$112. Australia’s share market $S&P/ASX 200 (.XJO.AU)$ hit a record all-time high on Monday after rising for three consecutive weeks. China's mar...
• Top losers: $Light & Wonder Inc (LNW.AU)$ $Tabcorp Holdings Ltd (TAH.AU)$ $Summerset Group Holdings Ltd (SNZ.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.1% lower at 8142.0 after the Reserve Bank of Australia held interest rates steady at 4.35%, diverging from other central banks that are beginning to ease r...
I got some considerations:
1. Australia's GDP: The 0.2% QoQ and 1% YoY growth is in line with expectations, suggesting a steady but not overly robust economy.
2. RBA Interest Rate Decision: The consensus is for no change in rate...
September is traditionally the worst month of the year for shares. This has been the case over the last 95 years, as well as over the last 40 and 30 years. Average losses for the S&P 500 $S&P 500 Index (.SPX.US)$ are 0.7% for September when looking back over the past 30 years. Over the last 40 years, there's been an average 1.1% loss...
• Market Pulls Back From After Eyeing Records
• ASX falls but WiseTech, Brambles soar
• Stocks to watch: STO, DMP, IAG, etc.
Wall Street Summary
After opening to a green, ninth session of gains, the market pulled away from all-time highs. If the $S&P 500 Index (.SPX.US)$ closed higher, it would be its longest winning streak for the year, but short...
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