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...
RBA minutes are out. Lengthy time spent on mulling over an 'immediate' rate hike. Zero discussion of a rate cut other than the market pricing in several cuts in 2024 was misplaced.$S&P/ASX 200 (.XJO.AU)$
G'day, mooers! Check out the latest news on today's stock market! • Stocks Inch Up as Wall Street Slightly Extends Recent Rebound from Early Month Pullback • Australian Shares Steady Amid Company Results and U.S. Inflation Data Anticipation • Stocks to watch: CSL, CGF, SEK, TPW Wall Street Summary Stocks mostly inched up Monday as Wall Street managed to slightly extend its recent rebound from the big pullb...
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...
• Stocks Inch Up as Wall Street Slightly Extends Recent Rebound from Early Month Pullback
• Australian Shares Steady Amid Company Results and U.S. Inflation Data Anticipation
• Stocks to watch: CSL, CGF, SEK, TPW
Wall Street Summary
Stocks mostly inched up Monday as Wall Street managed to slightly extend its recent rebound from the big pullb...
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