The RBA is set to release its February monetary policy decision on February 18. The market now sees a 90% chance of a 25 basis point rate cut, which would bring the cash rate down from 4.35% to 4.10%. If the RBA cuts rates in February, it would mark the first rate cut since the cash rate was raised to 4.35% in November 2023, and the first in over four years, signaling Australia's official entry into a rate-cutting cycle. RBA rate cu...
$Mineral Resources Ltd (MIN.AU)$After misgivings about how key executives were handling business over at MinRes, there was a substantial drop in share price. Considering their position overall, I'd say it's a minor or temporary glitch, and price will recover. Imho, anything under 35, around 32-34 is a bargain. NFA, ease DYDD 😉 $Mineral Resources Ltd (MIN.AU)$
Market Review The Australian stock market hit a record high this week, marking its biggest weekly gain in five weeks, driven by consumer discretionary and information technology.$S&P/ASX 200 (.XJO.AU)$rose by 1.47 percent, or 123.4 points, closing at 8532.3 over the past five trading days, with 9 of the 11 sectors posting higher returns. The consumer discretionary sector em...
MooMamaLlama
OP
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retracement or consolidations are making the same list a bloody red mess today either my call out was the kiss of death or an opportune time to grab on dips....
Speculation is rife when it comes to the question of who will benefit from Trumps second term in office. No doubt the first and foremost answer to most people's minds is the United States 🇺🇲 He has promised to implement painful tariffs of 60% to Chinese goods, a much lesser but not inconsequential 20% tariff on goods from other nations, tax cuts for US owned/operated companies and corporations, and divert more resources to bolster and retain US technol...
MooMamaLlama
OP
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LTR shoots up 11% today positive earnings report shows production and margins have risen drastically... when spodumene prices recover there's even more upside to come sitting pretty on .58 avg here.. .My .54 on a different platform is even prettier
With strong U.S. employment and economic data boosting the US dollar, and rising rate cut expectations for the RBA, the AUD/USD has been on a persistent downtrend since October, 2024. That decline deepened following the macroeconomic data released by both the U.S. and Australia last week. Last Friday, U.S. non-farm payrolls for December came in at a robust 256,000, well above market expectations, while the unemployment r...
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week. • Base metals: Zinc prices drop to $2958 per tonne • Energy metals: Li Carbonate prices drop 1.0% in the past week • Precious metals: Gold prices drop 1.6% to $2616 per oz • Bulk commodities: Iron ore prices drop 3.5% in the past week Spot Price Snapshot ...
PAUL BIN ANTHONY : tq sir god bless your and family Amen![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f.png)
![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f.png)
Nchiwla : Anyone know of an ETF for the 1. telecomms in Aus, 2. Materials in Aus 3. consumer staples in Aus?
Nchiwla : and the other sectors mentions 4,5,6?