July 10, 2023

The Dow Jones Industrial Average rose Monday as Wall Street tried to recover from a losing week. The positive reversal came as investors prepared for a slate of inflation data later in the week and braced for the start of the second-quarter earnings season. US consumers’ short-term inflation expectations has reached their lowest level in

The ASX declined further as weak consumer inflation data from China contributed to ongoing losses, with the benchmark S&P/ASX 200 index falling 0.54 per cent at 7,004, primarily driven by losses in most industry sectors. China’s unchanged consumer price index raised concerns about the potential risk of deflation. Futures The Dow Jones futures are pointing

INOVIQ Limited (ASX:IIQ) CEO Dr Leearne Hinch discusses recent news, including excellent sensitivity and specificity results for the company’s SubB2M breast cancer test. Paul Sanger: Today we’re speaking with Dr Leearne Hinch, who is the CEO of INOVIQ (ASX:IIQ). INOVIQ is a developer of next-generation exosome solutions and precision diagnostics. It has an ASX code of “IIQ”

China’s consumer inflation rate falls to zero in June, while factory-gate prices fell further, raising concerns about deflation in the economy. The consumer price index, released by the National Bureau of Statistics on Monday, indicated weak demand and added to worries about the threat of deflation. The figure came in below expectations, as economists in

Charter Hall Retail REIT (ASX:CQR), a leading owner of convenience retail properties, reported the sale and settlement of Brickworks Marketplace in South Australia for a total consideration of $85 million. The sale, which represents a premium of $4.9 million or 6.1% over the December 2022 book valuation, underscores the continued demand and inherent quality of

Forrestania Resources (ASX:FRS) has announced a JV with ALX Resources for the Hydra Lithium Project in Quebec, Canada. We heard from MD Michael Anderson this morning.” Shares are trading 22.73 per cent higher at 13.5 cents. Artemis Resources (ASX:ARV) has identified lithium bearing pegmatites on the Osborne Joint Venture in the West Pilbara region. Further

Oil stabilises as Saudi Arabia and Russia commit to supply cuts, while the market faces challenges from China’s economic slowdown, central banks’ tightening policies, and the US purchasing additional crude for its Strategic Petroleum Reserve. At noon, the S&P/ASX 200 is 0.11 per cent higher at 7,050. The SPI futures are pointing to a rise