February 4, 2024

The S&P 500 notched a fresh record high on Friday as quarterly results from technology companies including Facebook-parent Meta topped expectations and the January jobs report came in much better than expected. The rise in tech stocks helped shift investor focus from a scorching jobs report earlier on Friday that spiked interest rates. The benchmark […]

No rate cut is anticipated from the US Federal Reserve following the robust January jobs report and substantial revisions to December’s figures. While no one is ruling out a rate cut this year just yet, more thoughtful US analysts are contemplating whether such a move would be likely if strong job and economic data, along

The Australian December half and full-year earnings season kicks off this week with several ASX 200 stocks set to reveal their figures. Property groups are leading the way, likely setting an unwanted tone of impairments and losses. A string of early results from these property companies will include Mirvac, Centuria Industrial, Charter Hall Long Wale,

A week before the start of China’s Lunar New Year break on February 10, the country’s stock market has experienced its worst performance in five years. Despite government support discussions for the market, property companies’ concerns overshadowed the market due to the Hong Kong court’s decision to order the liquidation of China Evergrande, the country’s

Last week, we witnessed more record-breaking moments in the US and Australian markets, while China faced an unwelcome five-year low, deepening its economic challenges. However, as the week drew to a close, the impressive US January jobs report, along with upgrades to November and December data, triggered an unexpected sell-off. Traders sent the share price

The Reserve Bank is stepping into the spotlight this week, and investors and the general public can expect more than the usual level of noise from Tuesday afternoon onwards. Not because of a rate cut or rise – neither will happen – but because of the new meeting style. The RBA has adopted a two-day

Last Friday’s surge in new US jobs went largely unnoticed by stock investors, but it caught the attention of those in the commodities market, particularly due to the jump in US bond yields and the strengthening of the US dollar. Despite the addition of 353,000 new jobs in January, along with 126,000 in December and