Commodity market trends amid escalating Gaza conflict and oil price fluctuations
The stepped-up fighting in Gaza is likely to trigger more anxiety in commodity markets this week, especially after Israel's broader attack began today.
Read MoreThe stepped-up fighting in Gaza is likely to trigger more anxiety in commodity markets this week, especially after Israel's broader attack began today.
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 MoreJennifer Chow – CEO – Chimeric Therapeutics (ASX:CHM) is a clinical-stage therapy company focused on bringing the promise of cell therapy to life for more patients with cancer.
Read MoreAndrew Taplin – CEO – Heavy Minerals (ASX:HVY) is an Australian-based industrial minerals company that owns 100% of the Port Gregory and Red Hill Garnet Projects in Western Australia.
Read MoreSam Berridge – Portfolio Manager and Resources Analyst – Perennial Partners partners with outstanding investment people pursuing great investment outcomes in segments where active management can add meaningful value.
Read MorePaul House – CEO – IMDEX (ASX:IMD) is a leading global mining technology company that enables drilling contractors and resource companies to safely find, define and mine orebodies with precision and at speed.
Read MoreIn the third quarter, the US economy experienced stronger growth than expected, with an annual increase of 4.9%, marking the best performance in nearly two years. This surprising development was attributed to robust consumer spending despite higher interest rates, persistent inflation pressures, and various domestic and global challenges.
Read MorePan-Asian bank Standard Chartered has revealed significant financial damage due to exposure to Chinese banks and the slumping property sector. On Thursday, the London-based Asian operating bank witnessed a 17% collapse in its shares on the London Stock Exchange, prompting a trading limit to be imposed. This drop followed the announcement of a nearly $US1 billion (almost $A1.6 billion) loss stemming from its exposure to China's real estate and banking sectors in the September quarter.
Read MoreHarvey Norman (ASX:HVN) has unveiled a surprising plan for a 10% share buyback worth $442 million over the next year. This move comes in response to dismal September quarter sales and a grim outlook for the future.
Read MoreIn the third quarter, US economic growth exceeded expectations, with a 4.9% annual rise, marking the strongest performance in nearly two years.
Read MoreA recently resolved strike at one of Newmont's major mines has led to a reduction in its 2023 output guidance, impacting earnings, just as it prepares to merge with Newcrest Mining on November 6.
Read MoreNow, it's down to Apple next Thursday after Amazon’s solid third-quarter numbers failed to set its share price on fire, leaving the Nasdaq poised for another frustrating session on Friday to end a down week.
Read MoreAustralia's producer prices increased by 1.8% in September when compared to the previous quarter, and they rose by 3.8% over the past 12 months, according to the Australian Bureau of Statistics.
Read MoreA snapshot of the stocks on the move, featuring Industrial Minerals (ASX:IND), Vital Metals (ASX:VML) and Chariot Corporation (ASX:CC9).
Read MoreThe Nasdaq Composite dropped deeper into correction territory on Thursday as Meta became the latest tech company to offer a forecast that didn’t quite live up to investors’ expectations.
Read MoreThe Nasdaq Composite dropped deeper into correction territory on Thursday as Meta became the latest tech company to offer a forecast that didn’t quite live up to investors’ expectations.
Read MoreChile's SQM is set to invest an additional $1.6 billion to expand its presence in the Australian lithium production and export sector through the acquisition of Azure Minerals (ASX:AZS).
Read MoreThe Australian stock market reached its lowest point of the year, primarily driven by a substantial sell-off in technology stocks.
Read MoreAustralian shares have fallen 0.8 per cent after Wall Street fell on mixed profit reports from Microsoft and Alphabet.
Read MoreA snapshot of the stocks on the move, featuring Future Metals (ASX:FME), WA1 Resources (ASX:WA1) and Marmota (ASX:MEU) and Azure Minerals (ASX:AZS).
Read MoreAustralian consumer electronics giant JB Hi-Fi (ASX:JBH) has reported sluggish growth, following Super Retail Group's earlier announcement of a stable but unremarkable start to the 2023-24 trading year.
Read MoreGovernor of the Reserve Bank of Australia, Michele Bullock, has stated that they are still in the process of analysing the recent CPI (Consumer Price Index) figures.
Read MoreColes (ASX:COL) fell short of matching the September quarter sales performance of its bigger supermarket rival, Woolworths.
Read MorePilbara Minerals (ASX:PLS) has ruled out any immediate capital management moves, except for dividends, as first-quarter lithium prices and revenues declined, with the outlook remaining uncertain. However, the company plans to release details of new sales of up to 300,000 tonnes annually by the March quarter of next year.
Read MoreOn Thursday, Brambles (ASX:BXB), the global logistics giant, reported a 13% increase (15% higher at actual Forex rates) in September quarter revenues, reaching $US1.64 billion ($A2.56 billion). Despite this impressive figure, the company reaffirmed its full-year guidance, projecting revenue growth of 6% to 8%.
Read MoreNasdaq slid into correction territory, leaving Wall Street in uncertainty. Meta Platforms may have initially reported stronger-than-expected quarterly results on Wednesday, but by the end of the extended trading session, a 4% gain had dwindled to just 2.6%. Despite its robust quarterly performance catching the attention of traders and analysts, the after-hours bounce couldn't compensate for the 4% decline during regular trading hours.
Read MoreOn Wednesday, gold and oil prices surged as reports emerged of Israel's preparations for a potential invasion of Gaza.
Read MoreThe S&P 500 closed below a key level on Wednesday. The benchmark index fell 1.4%, ending the day below the 4,200 level that was being widely watched by chart analysts. It was the first time the S&P 500 closed below this threshold since May.
Read MoreThe S&P 500 closed below a key level on Wednesday after a rebound in interest rates. The benchmark index fell 1.4%, ending the day below the 4,200 level that was being widely watched by chart analysts. It was the first time the S&P 500 closed below this threshold since May.
Read MoreWhitehaven Coal (ASX:WHC) is holding its annual meeting in Sydney today, with the focus on its multi-billion-dollar deal to purchase two aging Queensland coking coal mines from BHP and Mitsubishi. Shareholders are expected to question the board about the $US4.1 billion deal, which has faced opposition from London-based activist shareholder Bell Rock Capital.
Read MoreTwelve days ago, Tabcorp (ASX:TAH) surprised the market with a gloomy first-quarter update.
Read MoreAustralian shares closed flat on Wednesday, ignoring a strong performance on Wall Street. The lackluster performance was attributed to a higher-than-expected inflation rate in the September quarter.
Read MoreThe ASX is proving fertile ground for Canadian-listed miners and explorers who believe they will be more appreciated by local investors than if they had remained listed solely on the Toronto Stock Exchange.
Read MoreRestaurant Brands New Zealand (ASX:RBD) is looking to boost annual sales to the $NZ1.3 billion mark by the end of this year after revealing a solid but unspectacular performance in the third quarter.
Read MoreAustralia's consumer price index increased by 1.2% in the September quarter compared to the previous quarter, slightly surpassing economists' expectations.
Read MoreNew Reserve Bank Governor, Michelle Bullock, is on a 'hiding to nothing' at next Tuesday's policy meeting of the central bank after the latest consumer price data produced a mixed result.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses five megatrends.
Read MoreThe Federal Government has added an additional $2 billion in subsidies, creating a $4 billion fund for Australian miners and exporters of critical renewable minerals, particularly battery materials. This fund will support both large and small miners, as well as those developing specialized devices for renewable technologies.
Read MoreWoolworths Group (ASX:WOW) reported a 5.3% jump in first-quarter group sales, thanks to lower prices and solid demand for fruit, vegetables, and meat.
Read MoreA snapshot of the stocks on the move, featuring QX Resources (ASX:QXR), Chimeric Therapeutics (ASX:CHM), Peako (ASX:PKO) and IVE Group (ASX:IGL).
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