Eyes on US consumer inflation
For all the noise and punditry about Tuesday night’s 2024-25 federal budget, investors will be looking later in the week to see what happened with US consumer inflation in April.
Read MoreFor all the noise and punditry about Tuesday night’s 2024-25 federal budget, investors will be looking later in the week to see what happened with US consumer inflation in April.
Read MoreA test this week marks the last days of the US March quarterly reporting season. Only a handful of S&P 500 companies might be reporting, but a couple are going to be pretty influential, especially in the consumer sectors, with mighty Walmart and Home Depot, America’s biggest DIY group, both reporting on Thursday.
Read MoreGold prices rose on Friday for their strongest week in six, as bets of an interest rate cut from the Federal Reserve again moved into the center stage.
Read MoreThe weakness in US oil drilling continued last week with another fall in operating oil rig numbers.
Read MoreDr 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.
Read MoreAustralians just don’t seem to like gold as an investment—or rather, they don’t seem to like investing in the metal like investors in India, China, the US, and many other countries do.
Read MoreIn the current landscape of the oil industry, mergers and acquisitions have emerged as a predominant theme. Notable players such as Exxon Mobil, Chevron, Diamondback Energy, and Occidental Petroleum have engaged in substantial oil deals over the past year, collectively exceeding $150 billion in value.
Read MoreAmid China’s unexpected 8% surge in imports, iron ore shipments into the country stood out with a stronger-than-expected outcome, while oil and coal imports were also solid.
Read MoreAs we approach the end of the week, what’s the score from central bank meetings this week?
Read MoreChina’s economy showed a few more signs of life in April, with imports jumping more than forecast and exports back in the black for the first time in three months.
Read MoreThe Albanese government is set to defy global trends with the release of a comprehensive plan today, backing the continued extraction and use of gas beyond 2050.
Read MoreTesla might be the world’s most valuable carmaker by market value, but Japan’s Toyota Motor has confirmed its giant status when it comes to sales, revenues, and earnings, completely outclassing Elon Musk’s tattered company.
Read MoreFund Manager Chris Pedersen discusses National Australia Bank, Westpac Banking Corporation and Lyft.
Read MoreEven China can't stomach spending too much money buying gold at record levels – something the players in the gold market forgot when they reported this week that the country's central bank made another purchase in April.
Read MoreTesla's sales problems in China are not going away, and it continues to lose ground against its big Chinese rival, BYD, which is now outselling Elon Musk’s company in the core product: pure battery-powered vehicles.
Read MoreDespite some slightly hysterical claims about the big banks being 'casualties', their half-year results confirm they are a long way from being wounded by the sluggish economy, high inflation, and tightening margins.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the cash rate.
Read MoreThe Reserve Bank has left the cash rate unchanged at 4.35% at its latest meeting but revealed increasing worries about the health of the wider economy beyond still too-high inflation.
Read MoreEuroz Hartleys senior analyst Michael Scantlebury says “sensationalist” headlines about the end of mining are grossly exaggerated.
Read MoreHow desperate is Tesla's Elon Musk? Quite a lot, judging by his almost plea-like call for Warren Buffett to buy Tesla shares after Berkshire Hathaway's annual meeting on Saturday.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses seasonal patterns in shares.
Read MoreA snapshot of the stocks on the move, featuring TechGen Metals (ASX:TG1), Southern Cross Electrical Engineering (ASX:SXE) and Mandrake Resources (ASX:MAN).
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses
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.
Read MoreUS copper futures shook off a couple of weak days on Friday to climb nearly 2%, settling at $US4.5680 a pound ahead of the important elections in Panama on Sunday (yesterday).
Read MoreNow, American investors have hopped back on the rate-loom bandwagon, but they could be on it for the wrong reasons after the April jobs data on Friday and a couple of other data releases during the week that suggest the economy might be in the process of cooling a bit more quickly than understood.
Read MoreJust as Apple’s first-quarter performance had won back skeptical investors, Warren Buffett's surprise $US 20 billion sale of Apple shares will send shockwaves through share markets starting today.
Read MoreAnother negative week for the US oil and gas industry, with oil rig numbers now tumbling below their level at the close of 2023.
Read MoreBerkshire Hathaway’s March quarter earnings were overshadowed at the weekend by news of a big sale of Apple shares and a possible significant investment in Canada.
Read MoreWinston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.
Read MoreThe International Copper Study Group (ICSG), headquartered in Lisbon, Portugal, has updated its projections on the global balance of refined copper production and consumption, shedding light on critical trends and challenges shaping the industry's landscape.
Read MoreBYD, the world’s biggest maker of electrified vehicles, didn’t escape the fallout from China’s EV price wars in the first quarter of 2024.
Read MoreYou know Apple’s board and management understand the trouble the company is in with investors. Why else would it, after a better-than-expected set of figures for the March quarter, boost dividends and announce a record buyback?
Read More"Mining, Metals and the Circular Economy" will take place alongside the International Mining and Resources Conference on 29 & 30 October at the ICC Sydney, bringing together experts and thought leaders in the mining sector for a dynamic exchange of ideas and best practices.
Read MoreBuilding approvals rose in March, but the trade account saw a larger-than-forecast fall in the size of the goods surplus for the month.
Read MoreFund Manager Chris Pedersen discusses TechnologyOne, Smart Parking and whether inflation is going back up.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices.
Read MoreAlbemarle, the world's largest lithium producer, joined rivals in Australia and other countries in being heavily affected by the downturn in world prices for the key battery material.
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