Pre-Market Report – Fed Comments Hit Bond Yields
US markets closed higher on Saturday morning after Fed Chair Powell made comments that reinforce the ‘rates have peaked’ narrative. Dow closed up 295 points (+0.82%), rising thro
US markets closed higher on Saturday morning after Fed Chair Powell made comments that reinforce the ‘rates have peaked’ narrative. Dow closed up 295 points (+0.82%), rising thro
State of ORG Day
December is a good month for markets…
Gold in focus. Uranium too
Things I do not understand
US Check Ins
ASX 200 rose 52 points to 7125 (0.7%) in a very solid day although off highs.
ASX 200 rose 52 points to 7125 (0.7%) in a very solid day, although off highs. Gains in most sectors with the Banks up again CBA up 0.9% and NAB up 0.8% with the Big Bank Basket at $179.61 (0.7%). MQG rose 0.7% with other financials doing well, ASX up 0.6% and SUN up 0.4% on ACCC hopes. QBE dropped -3.2% with other insurers easing ba
THE WEEK THAT WAS Ever feel like life is passing you by? Invest in the ASX, and you will continue to feel that. We are just not that exciting at the moment. In the US, things are kicking off as the computers are bidding the markets within a whisker of all-time highs. The Magnificent Seven…
A good night on Friday unless you are betting on oil. Oil price down 2.0 and 1.89%. But let’s not worry about that, the futures are up almost 70 points as I write and the headlines are full of Powell’s comment that they need to “move forward carefully” amid signs of economic softening. They were prepared…