The S&P 500 jumped to its highest level in 13 months on Monday as traders hoped the Federal Reserve will skip hiking rates when the central bank decides on policy Wednesday. Traders have priced in a roughly 72 per cent chance that there will be no hike, potentially bringing to an end the 10 consecutive […]
S&P500 jumps as investors believe the Fed will pause rate hikes Read More »
09 Jun 2023 – Shaw and Partners Chief Investment Officer Martin Crabb discusses financial conditions, global growth and central bank decision-making.
Market update with Shaw and Partners, June 2023 Read More »
Thanks, Tim, and welcome, everyone, to the Hidden Gems webinar today, on 9 June. Today’s theme, as you can see from the companies, is probably gold and energy transition, and they’re two very interesting topics for markets at the moment. But let me start with, I suppose, a helicopter view of equity markets and how
Market update with Shaw and Partners, June 2023 Read More »
09 Jun 2023 – A snapshot of the stocks on the move featuring Limeade (ASX:LME), VRX Silica (ASX:VRX) and Marquee Resources (ASX:MQR).
Stocks of the Hour: Limeade, VRX Silica, Marquee Resources Read More »
Overnight, the S&P 500 experienced a 0.6 per cent increase, signalling its entry into a bull market. Similarly, the Nasdaq rose by 1 per cent, and the Dow Jones saw a gain of 0.5 per cent. The dollar had a value of US67.10c around noon. Oil prices are set to decline for the second consecutive
Oil prices continue to fall: ASX 0.27% higher at noon Read More »
WebMD Health Services will acquire Limeade (ASX:LME) for A$0.425 per share. Henry Albrecht, Limeade CEO, commented, “We are confident that the combination will bring together WebMD Health Services human expertise and Limeade technical innovation into a comprehensive solution.” Shares are trading 315 per cent higher at 41.5 cents. VRX Silica Limited (ASX:VRX) announced that the
Stocks of the Hour: Limeade, VRX Silica, Marquee Resources Read More »
09 Jun 2023 – Stocks climbed Thursday as the market built on its recent gains, and traders looked ahead to key inflation data next week as well as the Federal Reserve’s latest policy announcement.
S&P 500 hits highest closing level in 2023 Read More »
Stocks climbed Thursday as the market built on its recent gains, and traders looked ahead to key inflation data next week as well as the Federal Reserve’s latest policy announcement. In addition, the latest reports show that initial jobless claims increased to 261,000, surpassing the consensus estimate of 240,000 and the previous week’s revised figure
S&P 500 hits highest closing level in 2023 Read More »
A week after revealing a big new contract for its ‘not a lithium battery’ battery in California, Redflow (ASX:RFX) has launched a near $19 million fund raising through a one for two non-renounceable entitlement issue. The issue will be made at 21 cents a share, 9% down from the 23 cents a share on Monday
Deal flow sees Redflow look to raise A$19 million Read More »
Stronger than expected economic growth in the three months to March has helped explain the sweeping surge in the Tokyo Stock Exchange in 2023. Data issued Thursday showed the second estimate of March quarter growth was much stronger than anyone had forecast – an annualised 2.7% against market forecasts of 1.9% and the first estimates
Banzai bonanza continues for Japanese equities Read More »
