Port Hedland Export Figures Key Pointers for Ore Direction
It will pay to keep an eye on the Port Hedland iron ore export figures when they are released over the next couple of months after February saw another dip in shipments to China.
Read MoreIt will pay to keep an eye on the Port Hedland iron ore export figures when they are released over the next couple of months after February saw another dip in shipments to China.
Read MoreThe Australian sharemarket rose by 0.8% on Friday, making it the best gain of the week. While all sectors improved gold miners, A2 Milk, Treasury Wine Estates and Flight Centre came under pressure.
Read MoreThe Aussie market is firmer following a stronger session on Wall Street. The ASX 200 is on track for its second consecutive weekly improvement. Today, IT, materials & resources are leading advances while consumer staples lag.
Read MoreASX200 up 68 points (1%) to 6781. Rio Tinto (+1%); has signed a sales agreement with Amaero for Aluminium-Scandium Alloy.
Read MoreAs the outlook for minerals exploration improves and concerns over the economic impact of the pandemic ease, the laboratory services of ALS Ltd will be in demand.
Read MoreDespite the constraints created by a shortage of new cars, robust used car prices have ensured Eclipx can deliver substantial earnings growth.
Read MoreAt the close, the Dow Jones index was up by 189 points or 0.6% to record highs. The S&P 500 index lifted by 1.0% to record highs. And the Nasdaq index was up by 330 points or 2.5%.
Read MoreSix-million-dollar man? Try 100-billion-dollar man. That’s what Warren Buffet is worth after Wednesday’s jump on Wall Street through his 18% shareholding in Berkshire Hathaway.
Read MoreWill 800,000 cheap airline tickets as part of a $1.2 billion spending package, be enough to stem the pressures from the dying embers of the pandemic on travel related stocks and industries?
Read MoreIt’s been an eventful start to the year so far in global financial markets. Fidelity’s James Abela gives his thoughts on whether the recovery can continue for the rest of 2021.
Read MoreNewcrest seems to have found a whole new area of interest at its 70% owned Red Chris gold and copper mine in British Columbia in Western Canada.
Read MoreNewmont, the world’s biggest miner, has lifted its interest in Canada’s Red Chris region with a $A400 million plus takeover announced on Wednesday.
Read MoreThe Australian sharemarket finished flat in choppy trade, with the ASX 200 lifting by 0.6% on the open, briefly hitting a five-week low at lunch before recovering late in the session.
Read MoreBell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: Macroeconomic activity and two equity LICs to watch.
Read MoreThe Aussie market is retreating at lunch having opened higher, following gains on Wall Street. The ASX 200 is trading around five week lows as mining & tech stocks lead losses.
Read MoreASX200 down 15 points (0.2%) to 6698. Travel stocks; Govt to offer 800k half price flights within Aust. CTD +2.5% FLT +9% QAN +2.4% REX +4% WEB +3.4%
Read MoreThe rotation into cyclical and value stocks resumed. US House Democrats passed a US$1.9 trillion coronavirus relief package. Tame consumer prices data for February eased concerns about a spike in inflation and elevated bond yields.
Read MoreDo they really know what they are doing on Wall Street this week?
Read MoreMore signs the Chinese economic rebound remains in place, with producer prices up, consumer prices down, and passenger car sales rebounding to top the levels of a year earlier.
Read MoreA reflation ‘dance’ between bond markets and central banks will likely continue through the rest of 2021, as the scope and sustainability of the recovery unfolds, according to First Sentier Investors.
Read MoreIn his speech in Sydney on Wednesday, RBA Governor Philip Lowe shifted the focus in the central bank’s thinking over the next few years to wages and full employment.
Read MoreWhen we look at long term valuation analysis, relative to asset values, cyclical stocks still look cheaper than their averages, while defensives were only more expensive at the peak of the technology bubble.
Read MoreTreasury Wine Estates has revealed its first major deal to reposition itself after being locked out of the Chinese market last year, licensing $100 million worth of its US brands to a major US wine producer.
Read MoreEclipx Group is trying to keep a lid on things ahead of their half year results which should be ahead of consensus because of the the boost given to used car valuations by the shortage of new cars.
Read MoreThe Australian sharemarket fell for the first time this week, with the ASX 200 closing at an intraday low, dropping 0.84%. The market was held back most by iron ore miners, banks and energy stocks.
Read MoreThe Aussie market has turned negative at lunch following a strong open. The ASX 200 is being weighed by losses for major miners following a 6.1% drop in iron ore prices while the big 4 banks also trade in the red.
Read MoreASX200 up 10 points (0.1%) to 6781. Afterpay (+9%); completes acquisition of European BNPL provider Pagantis. Will launch services in Spain, France and Italy.
Read MoreRBA Governor Philip Lowe has again made clear the central bank will not be changing rates or its current monetary stance, despite the obvious improvement in the economy in recent months.
Read MoreThe Dow Jones index closed higher by 30 points or 0.1% after hitting an intra-day record high. The S&P 500 index lifted 1.4% and the Nasdaq index climbed 465 points or 3.7%.
Read MoreThe Nasdaq bounced out of correction territory on Tuesday and ended the session up more than 3% simply because US Treasury bond yields reversed direction from Monday’s rise and fell.
Read MoreThe dismemberment of the AMP asset base continues with AMP Capital announcing that it has sold its global fund management business to a Canadian asset manager called Fiera Capital.
Read MoreMartin Currie Australia CIO Reece Birtles makes the case that Australian investors should focus on quality and dividend sustainability when looking for income through 2021.
Read MoreJapan’s economy might have expanded more slowly than first reported in February, but the size of the change was of little consequence.
Read MoreAPRA has warned that millions of members of superannuation funds face a possible ’substantial’ lift in premiums because of the worsening financial health of the life insurance sector.
Read MoreBreak out the bubbly! The economy is at its boomiest and business confidence is, well, very confident indeed, according to the latest business survey from the National Australia Bank.
Read MoreThe $3.5 billion bid for Vocus is on track after the company yesterday backed the indicative all-cash offer from MIRA and Aware Super.
Read MoreImproved farm income from bumper crops is good news for Elders, while livestock & wool conditions should also contribute to earnings growth.
Read MoreThe Aussie market recorded its first back-to-back improvements for the first time in three weeks. It was a similar performance to Monday where early morning momentum stalled around lunch. Banks and health stocks helped lift most.
Read MoreThe Aussie market is experiencing a split in performance between the tech stocks and the rest of the market as investors continue to digest the moves higher for bond yields and the impact on high growth stocks.
Read MoreASX200 up 44 points (0.7%) to 6783. Domain (-1.4%); has cancelled the additional debt facility of $80m that it previously announced on 27 April 2020 as part of its response to COVID19.
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