LA Private

April 2024

Diary

A Fed meeting, the April jobs data for the US, some more major profits led by Amazon and Apple, two major bank results in Australia, worldwide surveys of economic activity for last month — especially for China — and the continuing tensions in the Middle East and Ukraine. The Fed’s two day meeting and media […]

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All over for BHP’s offer?

All over red rover for BHP’s (ASX:BHP) A60 billion all-paper indicated offer for Anglo American? Just over a day after the BHP approach was revealed, the directors of Anglo American have rejected BHP’s approach, saying the proposal “significantly undervalues” the company and its future prospects and that the deal’s complexity would be “highly unattractive” to

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Oil down

A mixed day for oil and oil stocks on Friday. While prices bounced a little on the day, they still lost ground for the week, three big US and European oil companies reported weaker first quarter results thanks to the sharp drop in natural gas prices in the three months to March, and American oil

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Shares bounce, Is correction over, Strong US earnings, US PCE less bad than feared, Aus cuts delayed

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 week Global shares rose over the last week recovering some of their losses from prior

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