Bond Market Blinks as US Inflation Edges Higher
Despite the doomsayers’ prediction of carnage at the first hint of a jump in US inflation, when it actually came it passed without too much pain and bond yields actually fell.
Read MoreDespite the doomsayers’ prediction of carnage at the first hint of a jump in US inflation, when it actually came it passed without too much pain and bond yields actually fell.
Read MoreTrade data for March confirmed China’s appetite for raw materials as the country once again spent heavily with inbound shipments of most major commodities surging in volume and value.
Read MoreGold miner Resolute has regained its Bibiani gold mining lease in Ghana but the government has retained control over who can buy it, putting the kibosh on a potential sale.
Read MoreAussie shares are closing in on the pre-COVID record highs with the ASX 200 finishing the day above 7,000 points for the first time since late Feb last year. Gains were broad based and led by healthcare, IT & mining stocks.
Read MoreThe Aussie market is firmly higher around lunch with the ASX 200 lifting back above 7,00pts to new 13-month highs. IT and mining stocks are among the leading out-performers in the opening few hours of trade.
Read MoreASX200 up 18 points (0.3%) to 6994. Pharmaxis (+6%); has sold distribution rights for Bronchitol in Russia for $2m. Resolute Mining (+17%); said Bibiani mining lease restored.
Read MoreThe Dow Jones index closed down by 68 points or 0.2%, but the S&P 500 index rose by 0.3% to a record closing high. And the Nasdaq index added 146 points or 1.1%.
Read MoreInvestment markets have staged an impressive recovery in the 12 months since the economic shutdowns of March 2020. But it remains to be seen how soon vaccine rollouts will get us back to something resembling ‘normal’.
Read MoreThe Australian economy made it through the end of JobKeeper and reduction in JobSeeker payments in a healthy state, according to the March business survey from the NAB.
Read MoreCleanaway’s $2.5 billion bid to buy the Australian recycling assets of French group, Suez is dead but what about their Plan B – the acquisition of a number of Sydney-based Suez assets?
Read MoreAs Fidelity’s Tom Stevenson explains in his regular column, Joe Biden is America’s oldest ever president who, in the end, has to persuade someone to pick up the tab for his youthful ambition.
Read MoreChina’s trade performance surged in March as imports grew at their strongest rate in four years while exports continued the solid growth seen in the past few months.
Read MoreAustralian iron ore exports are showing more signs of having plateaued in 2021 while shipments from our major competitor Brazil are surging with prices hitting record highs.
Read MoreThe Australian sharemarket has faded from a better start to finish flat on Tuesday in cautious trade ahead of US profit and inflation figures, Aussie jobs data and key numbers on China’s economy.
Read MoreIn a further move to diversify its earnings streams, EML Payments is expanding into open banking.
Read MoreASX200 up 15 points (0.2%) to 6989. ANZ (-0.1%); ratings agency Fitch has upgraded its outlook on ANZ from negative to stable. Splitit (+8.3%); partners with UnionPay who have a card network of 9 billion cardholders.
Read MoreThe Dow Jones index closed down by 55 points or 0.2%, the S&P 500 index fell less than 0.1% and the Nasdaq index lost 50 points or 0.4%.
Read MoreEmbattled Crown Resorts reported yesterday that it had appointed South Australian businessman Bruce Carter as a director to help fill out the casino group’s emaciated board.
Read MoreWhile some analysts remain bullish on the Australian dollar, thinking that after 2020’s rebound against the greenback it still has some mileage left, ratings agency Moody’s begs to differ.
Read MoreAnother surge in Chinese car sales in month of March and the first quarter help confirm the strength of Chinese production and consumer demand ahead of the release of the latest GDP this Friday.
Read MoreAs indexing strategies continue to gain significant inflows from all types of investors, the scrutiny of the methodologies underlying indices (and ETFs that aim to track them) has intensified considerably.
Read MoreAfter 2020’s jobs purge in Australia, are more cost cuts coming at News Corp globally as the company’s revamp of its back offices and other shared services accelerates?
Read MoreSuez and Veolia, the two warring French waste and other industrial groups, have kissed and made up, thereby killing off Cleanaway’s $A2.5 billion deal to buy Suez’s Australian waste assets.
Read MoreThe Aussie market has fallen to start the week as it extends its losing run to a second successive session. The ASX 200 dropped 21 points or 0.3% to 6,974 as miners and property underperformed most.
Read MoreDespite record closing highs on Wall Street, the Aussie market is lower to start the week with losses across most sectors at lunch on Monday. Energy & mining are among the main weights while tech & healthcare outperform.
Read MoreShareCafe’s Tim McGowen speaks with Craig Ransley Chairman of ASX-listed Terracom (ASX: TER) about their recent earnings miss, South African operations and debt refinancing.
Read MoreASX200 down 11 points (0.2%) to 6893. Commonwealth Bank (-0.5%); has lowered its end-2021 unemployment forecast to 5% from 5.5%.
Read MoreCatch up on the full webinar with a keynote presentation from Splitit (ASX:SPT), OpenPay (ASX:OPY), LayBuy (ASX:LBY) & Zebit (ASX:ZBT)
Read MoreThe Dow Jones index closed up by 297 points or 0.9% and the S&P 500 index gained 0.8% -both closing at record highs. And the Nasdaq rose by 71 points or 0.5%.
Read MorePresenter – Marc Schneider – Co-founder, President & CEO – Zebit operates as an e-commerce company that was founded to provide credit-challenged consumer the ability to buy what they need and pay overtime.
Read MorePresenter – Michael Eidel – Chief Executive Officer & Managing Director – OpenPay is a unique BNPL player, the company focuses on industries where it can make a true difference: Automotive, Healthcare, Home Improvement, Memberships and Education
Read MorePresenter – Gary Rohloff – Managing Director – Laybuy is an innovative, fully integrated payment platform designed with simplicity at its core. Laybuy pride themselves on transparency to everyone we assist.
Read MoreBrad Paterson – CEO – Splitit is a payment method solution enabling customers to pay for purchases with an existing debit or credit card by splitting the cost into interest and fee-free monthly payments, without additional registrations or applications.
Read MoreAccording to Bank of America (BofA) analysts, investors around the globe have, in the five months since last November, invested more in equities than they did in the previous 12 years.
Read MoreWhile the housing market goes from strength to strength, the problems for listed retail shopping mall owners and their privately controlled counterparts don’t look like easing any time soon.
Read MoreBHP and Vale have called the bluff of hedge funds and other distressed debt investors trying to hold them to ransom over their joint venture Brazilian pellet maker, Samarco Mineracao.
Read MoreUS March quarter reports start in earnest from this week as the six major banks release their latest figures, with analysts confidently forecasting a strong rebound in profits.
Read MoreThe ASX is looking at a modest rise today after Wall Street ended a solid week on a high, with the local futures market up 6 points at the close on Friday.
Read MoreAnother big week for business, economies and investors/consumers, with plenty of data coming out, led by the latest local jobs figures and some key US economic data.
Read MoreData issued on Friday by the Chinese National Bureau of Statistics revealed the Consumer Price Index rose 0.4% in March compared to a fall of 0.2% in February.
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