November 1, 2023

Fund Manager Chris Pedersen discusses household spending. Companies discussed include:QBE Insurance (ASX:QBE)Data#3 (ASX:DTL)Computershare (ASX:CPU)

On Wednesday, the stock market experienced a second consecutive day of gains as investors eagerly anticipated the Federal Reserve’s policy statement, hoping to gain insights into the central bank’s future interest rate decisions. The primary focus is on the Fed’s potential guidance, and it is widely anticipated that they will maintain their current interest rates.

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices. Key pointsAustralian home prices rose again in October, with the supply shortfall on the back of record immigration dominating. Prices are now on track for a 9% gain this year.While the supply shortfall is likely to continue there is a

Australian building approvals in September fell by 4.6%, surprising analysts who had anticipated a 1.3% increase. Additionally, private sector house credit dropped by the same percentage, as reported by the Australian Bureau of Statistics. At noon, the S&P/ASX 200 is 0.26 per cent higher at 6,798.10. The SPI futures are pointing to a rise of

To register for Friday’s webinar click here. NOVONIX (NASDAQ:NVX, ASX:NVX) has finalised its US$100 million grant award from the U.S. Department of Energy to expand domestic production of high-performance, synthetic graphite anode materials at its Riverside facility in Chattanooga, Tennessee.In response, Dr. Chris Burns, CEO of NOVONIX, “the ability to deploy $100 million towards Riverside’s