December 2023

Buried in last week’s data drop from China’s National Bureau of Statistics was the usual monthly update from the black hole of the country’s economy: property. Despite two rate cuts, two easings in the level of reserve ratios at banks large and small, and a number of moves to make it easier to buy homes […]

The forecast for a slowdown in Australia’s export earnings from resources and energy looks set to continue over the next year to 18 months, but perhaps not at a pace as deep as seen a few months ago. Falling prices for key commodity exports such as iron ore, liquefied natural gas, lithium, nickel, and coal

Click here to visit the Fairmont Equities website. In terms of the share market, the past year has been one of the toughest for a very long time. Despite this, we have been able to identify some great opportunities in our weekly research report The Dynamic Investor. Now that we approach the end of the

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past weekMost share markets rose again over the last week as the Fed finally pivoted towards

China isn’t frightened by high or weak gold prices, as its buying this year has once again confirmed. The Hamas attack on Israel on October 7 and continuing fighting and political uncertainty in parts of Europe and the US have driven gold above $2,000 an ounce several times in the past month or so. Gold

Online American shoppers are finding what they think are bargains at Costco, America’s big-box retail discount club: gold. The retail warehousing giant says customers snapped up more than $100 million of the precious metal in the quarter ending November 26. Costco Chief Financial Officer Richard Galanti revealed the sales during the company’s earnings call late

Tamboran Resources (ASX:TBN) have entered into three formal and binding agreements with APA Group (ASX:APA) to support the development of the Company’s Beetaloo Basin assets. In response, Managing Director and CEO, Joel Riddle, said, “Under the agreements, APA will commence early development works associated with the SPP and Beetaloo to East Coast gas pipelines, including

Oil prices increased after experiencing their first weekly gain since late October due to major shipping lines suspending transit through the Red Sea, which highlighted the potential risk to the crucial artery for global crude trade. Global benchmark Brent climbed above $77 per barrel, breaking a seven-week streak of declines, while West Texas Intermediate hovered

Japanese financial services company Mitsubishi UFJ Financial Group (MUFG) is making its fifth attempt to take over the troubled Link Administration Holdings, this time through its subsidiary, The Trust Bank. Link’s board is unanimously supporting MUFG’s $1.2 billion buyout offer, valuing the shares at $2.10 each, with an additional 16 cent dividend. This totals $2.26

The Dow Jones Industrial Average closed higher Friday after a whipsaw session, where it marked a fresh intraday record, and the tech-heavy Nasdaq-100 set a record close. All three major averages scored their seventh-straight winning week. The Dow closed up 56 points, or 0.2 per cent, at 37,305.16. The S&P 500 slipped 36 points, or