Markets
Surplus Speaks Volumes about Chinese Economy
Markets will start wondering just how much relief there will be in the Chinese economy re-opening story after the 2022 trade data on Friday produced a surplus of more than $US800m.
Read MoreCommodities Corner: Oil in Catchup Mode
This week saw oil markets join copper and other metals in starting 2023 strongly with the China re-opening story running ahead of the reality in Friday’s trade data.
Read MoreDiary: Dancing on the Ceiling
Plenty of economic and company data for investors to chew over this week but all might be eclipsed by the impending doom of the US debt ceiling being breached.
Read MoreMonday Market Minutes: Strength in Numbers
A solid week for markets and conditions seem set up for a continuation this week, though a new US debt limit brawl in Washington could hit confidence later in the week.
Read MoreMerger Mania Continues among Local Miners
Wedding bells continued to sound across the gold mining industry over the Christmas-New Year break, following on from the trend that emerged earlier in 2022.
Read MoreThe Unsung Hero of the EV Battery
There is, by weight, 7-10 times more graphite than lithium in a lithium-ion battery, and yet rarely does graphite rate more than a passing mention when the topic is being discussed.
Read MoreThe Most Anticipated Recession Ever
With a deep red signal emanating from their Recession Risk Dashboard and a Fed clearly willing to tolerate economic pain in order to restore price stability, ClearBridge believes a recession is likely in 2023.
Read MoreThe Week that Was: January 9-13, 2023
We understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. So here it is in one handy location. You’re welcome.
Read MoreEpic 2022 Weather Making Life Tough for Insurers
No wonder general insurers are facing higher reinsurance costs for 2023 after a report from Munich Re confirmed the Australian floods were one of the most expensive global catastrophes in 2022.
Read MoreChina Quietly Starts Accepting Oz Coal Again
China has reportedly ended its long ban on Australian coal imports by allowing officials in the southern province of Guangdong to clear Australian cargoes aboard ships waiting to unload.
Read MoreOptimistic Commodities Markets Looking to Pre-Empt the Fed
Gold and other commodity prices are rising primarily on the hope that the slowing inflation and weakening greenback become the trend in 2023, not just a one-off.
Read MoreFall in US consumer price index pushes ASX 0.94% higher at noon
Peter Milios from Finance News Network with all the news from today’s morning trading session on the ASX.
Read MoreStocks of the Hour: MOM, EUR, HCH
Abbey Phillipps from Finance News Network breaks down some stocks making noise in today’s ASX trading session.
Read More
Some Relief at Last
GAM’s Julian Howard explores how a mostly challenging 2022 started to show signs of improvement which he believes are likely to persist into the new year.
Read MoreOz Trade Surplus Holds Firm Despite Soft Exports
A drop in the value of energy imports enabled Australia to offset falls in the prices and volumes of key exports like iron, ore, coal and LNG in the month of November.
Read MoreBerkshire Hathaway Continues BYD Selldown
Warren Buffett’s Berkshire Hathaway has announced a further selldown of shares in the world’s biggest electric vehicle maker (and second biggest battery group) BYD.
Read MoreGruyere Still a Shining Light for Gold Road
Gold Road’s Gruyere gold mine in WA didn’t disappoint yesterday with the news that it outperformed many analysts’ forecast in the three months to December and over all of 2022.
Read MoreProvisions the Watchword for US Bank Reports
Analysts will be watching for a big loan loss provisions jump in tonight’s results from four major banks ahead of a possible major slowdown in the US economy this year.
Read MoreTech Talk: Too early for “Mission Accomplished?”
Markets have posted some strong gains over the last month but have we started to see an earnings trajectory as we delve into 2023? Alphinity’s Trent Masters takes a look.
Read MoreMining stocks get a boost: ASX closes 1.2% higher
Peter Milios from Finance News Network with a round-up of the highlights from today’s ASX trading session.
Read MoreAus shares up 1.06% at noon on the back of expected US inflation data
Peter Milios from Finance News Network with all the news from today’s morning trading session on the ASX.
Read MoreStocks of the Hour: EMN, GED, BMO
Abbey Phillipps from Finance News Network breaks down some stocks making noise in today’s ASX trading session.
Read More
Oz Economy’s Strength Is Also its Weakness
Wednesday’s big post-holidays data dump from the Australian Bureau of Statistics seems to be telling us little changed in the economy from October to November.
Read MoreBuying Stampede for Vale Base Metals Stake
In news that is sure to have a bearing on Chalice Mining, Brazilian mining major Vale has been knocked down in the rush of buyers for a stake in its base metals business.
Read MoreNewcrest Reaps Handy Windfall from Lundin
A belated $173 million New Year’s gift for Newcrest Mining in the form of an early repayment of the gold credit facility arrangement it has with Canada’s Lundin Gold.
Read MoreWhat China’s Reopening Means for Markets
With recession clouds forming over the US and Europe, and slowing economic growth forecast across many parts of the world, Chinese equities could be the place to be in ‘23.
Read MoreAn Update on Green Hydrogen
4D Infrastructure revisits the growing excitement around hydrogen as a decarbonisation tool to see if the hype has died down or is progressing as a key element in the path towards net zero.
Read MoreSQM Chasing the Blue Sky in Azure
Azure Minerals shares jumped yesterday after SQM – one of the world’s two major lithium giants – announced it would invest up to $A20m for a 19.99% interest in the company.
Read MoreUtilities the only sector trailing: ASX closes 0.9% higher
Peter Milios from Finance News Network with a round-up of the highlights from today’s ASX trading session.
Read MorePositive open despite higher-than-expected inflation data: ASX up 0.66% at noon
Peter Milios from Finance News Network with all the news from today’s morning trading session on the ASX.
Read MoreStocks of the Hour: LKE, AAJ, AZS
Abbey Phillipps from Finance News Network breaks down some stocks making noise in today’s ASX trading session.
Read More
Spending Data Hints at Soft Start for Retailers
We had a key pointer yesterday towards the strength of retail consumption when the latest spending data showed a solid but slowing rate of growth in November.
Read MoreCimolai Woes Poor Timing Indeed for Macquarie
While a $A71 million bad debt is not a big deal for Macquarie Group, the timing and nature of the loss could hardly be worse for Australia’s premier investment bank.
Read MoreIncome Is in: Time to double down on dividends
IML’s Michael O’Neill explains why, with capital growth likely to be lower in the medium-long term, he believes it’s the right time to place greater focus on income.
Read MoreNews Corp Extends HQ Lease for 20 Years
A massive New York property deal has sketched the likely future shape of News Corporation and Fox Corporation, the key companies in the Murdoch family’s media empire.
Read More
