October 29, 2023

Renewed selling on fears of a recession dragged the Dow Jones Industrial Average lower on Friday and pushed the S&P 500 into correction territory. The 30-stock Dow fell 366.71 points, or 1.12 per cent to close at 32,417.59. The S&P 500 slipped 0.48 per cent to finish the session at 4,117.37, closing 10.3 per cent […]

A couple of weeks ago Australia voted in a once in a generation referendum. Leaving aside whether you voted yes, no (or informal), it is undeniable that the whole referendum process has had the undesirable effect of dividing the country. The strain on the country’s collective mental health has been evident and the pain felt

The stepped-up fighting in Gaza is likely to trigger more anxiety in commodity markets this week, especially after Israel’s broader attack began today. Thanks to this conflict, gold emerged as the star performer in commodities last week, despite tightening US bond yields and occasional strength in the US dollar. Comex gold for December delivery settled

This week, up until Wednesday afternoon, US time, the focus is on the Federal Reserve (Fed) and the US job market, as the end-of-month/start-of-month data crunch begins for late October and early November. However, the escalated fighting in Gaza poses a constant threat to market stability and millions of lives, causing fluctuations in oil and

The US third-quarter earnings turned more positive last week, and with another significant week ahead, dominated by Apple, there’s a good chance the improving trend will continue. JP Morgan analysts report that US companies are outperforming their European counterparts. In the S&P 500, 78% of companies reporting their earnings have exceeded earnings estimates, posting a

Two of the three most-followed global share market indices have now stumbled into correction territory after the S&P 500 followed the Nasdaq into a 10% plus decline on Friday. The Dow fell 366.71 points, or 1.12%, to close at 32,417.59. The S&P 500 lost 0.48% to finish at 4,117.37, closing 10.3% lower from this year’s

Paul Sanger: We’re talking today with Atlantic Lithium (ASX: A11). And it has a market cap of around $300 million. Atlantic Lithium is a lithium focus, exploration and development company advancing its flagship Ewoyaa Project in Ghana, West Africa to production. We welcome Atlantic Lithium Finance Director and Company Secretary, Amanda Harsas. Amanda, welcome to The

In the span of a month, Gina Rinehart and Hancock Prospecting have once again acquired a significant shareholding, this time in Australian lithium company Azure Minerals (ASX:AZS), which is currently under a foreign takeover offer. Rinehart and Hancock Prospecting previously secured a 19.9% stake in Liontown Resources, thwarting a $6.6 billion offer from US group