October 2023

The ASX has reached a 12-month low at midday on Monday due to investor concerns that the Israel-Hamas conflict may lead to a regional war, prompting a shift away from equities. Israeli forces launched ground operations against Hamas in Gaza on Sunday, as part of a second-phase effort led by Prime Minister Benjamin Netanyahu to […]

Tamboran Resources (ASX:TBN) have announced an operational update, in which results have demonstrated an over pressured regime, with a pore pressure gradient of at least 0.54 pounds per square inch (psi) per foot. In response, Managing Director and CEO, Joel Riddle, said, “the results provide confidence that the upcoming flow test of the SS-1H well

Australian retail sales exceeded expectations by rising 0.9% in September, compared to economists’ forecast of a 0.3% increase, following slower growth in August and July. The Reserve Bank of Australia will consider this sales data as it decides whether to raise the official cash rate. Despite the significant September increase, long-term retail turnover growth remains

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