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The S&P/ASX 200 is performing well today, up by 0.36 per cent so far. The SPI futures are also looking positive, up by 35 points. In terms of sectors, the Information Technology sector is leading the way with a gain of 0.94 per cent, while the Industrials sector is down 0.21 per cent, making it

In an intriguing A$82.6 million deal, global lithium giant Albemarle has secured an interest not only in aspiring company Patriot Battery Metals (ASX:PMT) but also in their promising Corvette lithium project in Canada. An announcement on Tuesday revealed that Patriot had entered into a private placement of C$109 million (A$82.6 million) with Albemarle, granting Albemarle a

According to a recent ANZ-Roy Morgan survey, consumer confidence experienced a notable boost of 3.2 percentage points last week, reaching its highest level since late April. ANZ senior economist Adelaide Timbrell pointed out that this increase was primarily fueled by significant improvements in the ‘future financial conditions’ category, which occurred just before an anticipated pause

Patriot Battery Metals (TSX.V:PMET, ASX:PMT, OTCQX:PMETF, FSE:R9GA) has entered into a subscription agreement with respect to a private placement of approximately C$109 million in Patriot by Albemarle Corporation. In response, Blair Way, Company President and CEO, commented: “the additional funding will allow us to more aggressively advance the Corvette Property through drilling, permitting, study work

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices. Key pointsCoreLogic data showed national average home prices up 0.7% in July, their fifth monthly rise in a row and they are now up 4.1% from their February low.However, the monthly pace of gains has slowed from 1.2% in May

Oil prices experienced their most substantial monthly surge in more than a year, fuelled by signs of a tightening market and record-high crude demand. Analysts estimate that global crude demand is running at an all-time high, coinciding with OPEC+ cutting back production. Crude futures in New York have successfully wiped out their year-to-date losses, buoyed

Bond traders displayed increased confidence on Monday, suggesting that the Reserve Bank of Australia (RBA) might be approaching the end of its aggressive cycle of interest rate increases. As yields dipped, the three-year bond rate reached 3.86 per cent, 24 basis points below the current cash rate of 4.1 per cent. This indicates that the