September 2023

The two-day meeting of the Fed’s Open Market Committee (FOMC), which began in Washington overnight, is one of the four most crucial meetings each year. It is quarterly, bringing updated economic forecasts and, especially for markets, a new interest rate ‘dot plot.’ This ‘dot plot’ is the primary focus for markets, economists, analysts, and others […]

Labor’s anti-nuclear stance has nothing to do with economics, as they would like you to believe; it’s all about ideology. And that should worry you. Yes, the much-maligned Gencost report, produced by CSIRO, is a convenient tool that produces an economic rationale to support the policy. It provides cover to Climate Change Minister Chris Bowen

The S&P/ASX 200 is trading 0.35 per cent lower at 7,205.40. Futures The SPI futures are down 27 points. Best and worst performers The best-performing sector is Energy, up 0.60 per cent. The worst-performing sector is REITs, down 0.7 per cent. The best-performing large cap is New Hope Corporation (ASX:NHC), trading 3.65 per cent higher

On Tuesday, at the closing bell, the S&P/ASX 200 was 0.47 per cent lower at 7,196.60, in anticipation of the US Federal Reserve’s policy meeting. The meeting is expected to reiterate the message of keeping interest rates higher for an extended period. The All Ords index also declined by 0.5%. Major banks saw a decrease

Investors are feeling nervous in anticipation of the upcoming US Federal Reserve policy meeting, where it is anticipated that the Fed will reiterate its commitment to maintaining low interest rates for an extended period. Adding to this unease is the revelation from the Reserve Bank’s September meeting minutes that it had contemplated raising interest rates.

BluGlass (ASX:BLG) has received a custom laser order from a repeat customer. The customer is a leading USA-based research laboratory, who will use BluGlass’ lasers within high-powered scientific applications. In response, BluGlass CEO Jim Haden said, “We are very encouraged to receive this order from an existing laser project customer, as we develop our track-record

Global oil prices experienced a significant surge on Monday, briefly flirting with the $95 per barrel mark, as the market grapples with anticipation of a supply deficit. This supply crunch is primarily attributed to extended production cuts by major oil-producing nations, Saudi Arabia and Russia, outweighing concerns about global demand. Brent crude futures saw an