Major indexes fall: Fed not expected to raise rates
20 Sep 2023 – Stocks retreated on Tuesday as Wall Street awaited the results of this week’s Federal Reserve policy meeting.
Major indexes fall: Fed not expected to raise rates Read More »
20 Sep 2023 – Stocks retreated on Tuesday as Wall Street awaited the results of this week’s Federal Reserve policy meeting.
Major indexes fall: Fed not expected to raise rates Read More »
Labor’s anti-nuclear stance has nothing to do with economics, as they would like you to believe; it’s all about ideology. And that should worry you. Yes, the much-maligned Gencost report, produced by CSIRO, is a convenient tool that produces an economic rationale to support the policy. It provides cover to Climate Change Minister Chris Bowen
Labor bombs out with ideological energy stance Read More »
The S&P/ASX 200 is trading 0.35 per cent lower at 7,205.40. Futures The SPI futures are down 27 points. Best and worst performers The best-performing sector is Energy, up 0.60 per cent. The worst-performing sector is REITs, down 0.7 per cent. The best-performing large cap is New Hope Corporation (ASX:NHC), trading 3.65 per cent higher
Afternoon update: S&P/ASX 200 dips 0.35% as Energy shines, Pilbara Minerals struggles Read More »
On Tuesday, at the closing bell, the S&P/ASX 200 was 0.47 per cent lower at 7,196.60, in anticipation of the US Federal Reserve’s policy meeting. The meeting is expected to reiterate the message of keeping interest rates higher for an extended period. The All Ords index also declined by 0.5%. Major banks saw a decrease
ASX slides 0.47% amidst Fed meeting and China property concerns Read More »
19 Sep 2023 – Afternoon update: S&P/ASX 200 dips 0.35% as Energy shines, Pilbara Minerals struggles
Afternoon update: S&P/ASX 200 dips 0.35% as Energy shines, Pilbara Minerals struggles Read More »
Investors are feeling nervous in anticipation of the upcoming US Federal Reserve policy meeting, where it is anticipated that the Fed will reiterate its commitment to maintaining low interest rates for an extended period. Adding to this unease is the revelation from the Reserve Bank’s September meeting minutes that it had contemplated raising interest rates.
ASX down at 0.53% at noon: Investors anticipating upcoming Fed meeting Read More »
19 Sep 2023 – A snapshot of the stocks on the move, featuring BluGlass (ASX:BLG), Codrus Minerals (ASX:CDR) and Kula Gold (ASX:KGD).
Stocks of the Hour: BluGlass, Codrus Minerals, Kula Gold Read More »
BluGlass (ASX:BLG) has received a custom laser order from a repeat customer. The customer is a leading USA-based research laboratory, who will use BluGlass’ lasers within high-powered scientific applications. In response, BluGlass CEO Jim Haden said, “We are very encouraged to receive this order from an existing laser project customer, as we develop our track-record
Stocks of the Hour: BluGlass, Codrus Minerals, Kula Gold Read More »
Global oil prices experienced a significant surge on Monday, briefly flirting with the $95 per barrel mark, as the market grapples with anticipation of a supply deficit. This supply crunch is primarily attributed to extended production cuts by major oil-producing nations, Saudi Arabia and Russia, outweighing concerns about global demand. Brent crude futures saw an
Oil prices surge amidst tight supply outlook Read More »
Investment markets and key developments over the past week Global share markets were mixed over the last week. US shares initially rose as economic data provided confidence that the Fed won’t have to raise rates again but fell on Friday on concerns about an auto workers strike amidst various options expiries which can magnify volatility leaving
Market update: US inflation, Australia’s population increase & surging petrol prices Read More »