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Oil prices rebounded last week, not just because the Federal Reserve cut rates, but also due to a combination of a reduction in supply, a tropical storm along parts of the US Gulf Coast, and the rapid rise in tensions between Israel and Lebanon. Pressure from Gaza persisted, and prices jumped more than 3% over […]

Another record for gold was set on Friday, with no sign of second thoughts about the benefits of the Fed’s significant rate cut among its supporters, unlike in equities, where some hesitation was observed. In just two weeks, gold futures have gained an impressive $US120, with more than half of that increase occurring on Thursday

So, how did the big week for central banks go? Well, China didn’t cut, Japan sat it out, but with a rate rise looming, the Bank of England was steady — leaving the Fed all alone with the most significant rate cut in four years. There will be more focus on the Fed’s decision, with

Bad news about the health of the Chinese economy continues to rattle global car companies, especially Germany’s biggest—VW, BMW, and Mercedes. There’s a growing belief that China’s economy is slowing again due to the property crunch, which is now spreading across more sectors of the economy and impacting discretionary spending. Luxury goods companies have been

Each week The Last Word will offer a review of the week’s events and their impact on the markets. Peter Milios: Good afternoon, and welcome to this week’s edition of The Last Word. I’m your host, Peter Milios. It’s the end of another week, and today I’m joined by Winston Sammut from Euree Asset Management. We’re

Alex Hanly – CEO – Lithium Universe Limited (ASX:LU7) is developing a vertically integrated mine-to-battery-grade lithium strategy in Canada to address the lithium conversion gap in North America.

Dr Mark Cooksey – Managing Director & CEO – ABx Group Limited’s (ASX:ABX) areas of focus are the creation of an ionic adsorption clay rare earth project in northern Tasmania and the establishment of a plant to produce hydrogen fluoride and aluminium fluoride from recycled industrial waste.

Justin Virgin – Executive Director – Terrain Minerals Limited (ASX:TMX) is advancing nickkel, gold and gallium exploration in Western Australia.

Myer (ASX:MYR) has met its lowered guidance for the 2023-24 financial year as it battled through challenging market conditions and the fallout from high interest rates. However, it has reduced both its final and full-year dividends. The department store chain announced on Friday that its net profit was $52.6 million, a 26% decrease from $71.1

Aus shares have reached a record high, while Myer highlights challenging market conditions. Regis Healthcare and Kelsian have secured significant contracts, and Namoi Cotton has endorsed Olam Agri’s acquisition bid. The Australian dollar has risen sharply, alongside Bitcoin. At 11:35am, the S&P/ASX 200 is 0.45 per cent higher at 8,228.90. The SPI futures are pointing