Morning Report: 16 June, 2022
Tim McGowen from Finance News Network with a look ahead to today’s ASX trading session.
Read MoreTim McGowen from Finance News Network with a look ahead to today’s ASX trading session.
Read MoreThe US Federal Reserve has succeeded in conditioning financial markets to accept the large 0.75% boost to its key interest rate and make a convincing case that it is serious about attacking inflation.
Read MoreChina’s economic activity for May didn’t go backwards as it did in Covid-hit April, neither did it soar, it was more a case of a not very convincing middle ground.
Read MoreRio Tinto believes its new Gudai-Darri mine in the Pilbara will increase its iron ore production volumes and improve product mix from the second half of this year.
Read MoreAustralia’s lowest-paid workers will get a 5.2% pay rise but they, like millions of other employees, will still fall behind the soaring cost of living over the next year.
Read MoreThe NAB has cut its growth forecast and raised its inflation estimates for 2022 and 2023, but still believes a soft landing is the most likely outcome for the local economy.
Read MoreAfter two smaller buys in this area in the past few years, Resmed has made a major deal to buy German out-of-hospital software solutions leader Medifox Dan for $US1 billion.
Read MoreAs this article from Quay Global Investors explains, there has been no sector in global real estate that has enjoyed more demand tailwinds over the past 10 years than industrial.
Read MoreKalgoorlie Gold Mining sees no reason to stray beyond the storied WA gold region that shares its name. Tim Boreham takes a look into the recently listed miner.
Read MoreANZ Bank is the broker’s most preferred of the four majors, while CommBank is least preferred. For the latter, the Neutral rating and $102.80 target price are retained.
Read MoreTarget is reduced to $25 from $34 and the Buy rating is maintained.
Read MoreOutperform rating and $12.80 target maintained.
Read MoreThe target price falls to $4.86 from $5.43, the Add rating is retained after a significant share price fall.
Read MoreLauren Evans from Finance News Network breaks down some stocks making noise in today’s ASX trading session.
Read MoreMelissa Darmawan from Finance News Network with all the news from today’s morning trading session on the ASX.
Read MoreThe crypto world continues to be rattled as Celsius’s problems saw increased speculation about the fate of similar businesses with several situations emerging during Tuesday.
Read MoreMelissa Darmawan from Finance News Network with a look ahead to today’s ASX trading session.
Read MoreAhead of the US Federal Reserve’s increase in its key indicator rate, Reserve Bank Governor Philip Lowe gave a rare public interview between bank board meetings.
Read MoreWith energy prices rampant, Australia finds itself in a unique position – shift to cleaner, renewable energy, or support the use of traditional coal power stations to combat this crisis.
Read MoreThe Havieron JV between Newcrest Mining and London-listed Greatland Gold continues to grow, with the gold/copper resource extending over at least 1 km of continuous mineralisation.
Read MorePerth-based CTI Logistics yesterday upgraded its 2021-22 results, revealing a surge in revenue and earnings for the year to June 30.
Read MoreThe days of immense liquidity and the distortions it promoted have been killed by the emergence of inflationary forces which will prove more durable than many project.
Read MoreLynas Rare Earths has wrapped up a contract worth around $US120m with the US Department of Defense to build a commercial Heavy Rare Earths separation facility in America.
Read MoreFund managers that are able to demonstrate expertise and idiosyncratic outperformance have shone in 2022, while many others have been slow to adapt to a new regime.
Read MoreConcerns about rising inflation and slowing demand dented business confidence in May. The NAB says conditions and forward orders both remain strong – but for how long?
Read MorePaul Sanger from Finance News Network with a round-up of the highlights from today’s ASX trading session.
Read MoreTim McGowen from Finance News Network breaks down some stocks making noise in today’s ASX trading session.
Read MorePaul Sanger from Finance News Network with all the news from today’s morning trading session on the ASX.
Read MoreRating is downgraded to Underperform from Neutral. Target is reduced to $43.30 from $47.50.
Read MoreThe target price falls to $2.79 from $2.87, while the Hold rating is maintained.
Read MoreThe target price slips to $9.92 from $10.08. The Add rating is maintained.
Read MoreAs Ampol has acquired Z Energy the broker maintains a Buy rating and lifts estimates for earnings per share by 13-17%. Target is raised to $39.40 from $35.65.
Read MoreCatch up on the full webinar with presentations from Juno Minerals (ASX: JNO), eCargo (ASX: ECG), WT Financial (ASX: WTL) & Estrella Resources (ASX: ESR)
Read MoreKeith Cullen – Founder and Managing Director – WT Financial Group is a diversified financial services company that contains two distinct channels: their primary business-to-business (B2B) operations under the Wealth Today Pty Ltd subsidiary and brand; and their complementary direct to consumer (B2C) operations under Spring Financial Group.
Read MoreChris Daws – Managing Director – Estrella Resources Limited is a diverse Western Australian based company, focused on the exploration and development of a number of gold and nickel projects and increasing shareholder value.
Read MoreLawrence Lun – CEO – eCargo is an eCommerce and Offline sales enabler that provides holistic solutions to brands from across the spectrum, from high-end fashion to consumer goods, beauty and healthcare, and other products.
Read MoreGreg Durack – CEO – Juno Minerals is an independent mining company which engages in the evaluation and development of iron ore properties in Australia.
Read MoreThe past two trading sessions saw an estimated $US200 billion or more wiped off the entire cryptocurrency market after issuer Celsius Network halted customer withdrawals.
Read MoreTim McGowen from Finance News Network with a look ahead to today’s ASX trading session.
Read MoreIt was as though the weekend never happened as markets continued their Friday slide with another slump Monday.
Read More