US equities fell overnight as Fed chair Powell reinforced the banks objective to rein in inflation, pointing to more rate hikes.
US equities start the holiday-shortened week in the red off-session lows in a very quiet…
US markets closed overnight for the Juneteenth holiday. Global equities were down, falling from 14-month…
Winners: CTT, MFG, RF1, GRR, 360, LLL, CCP
Losers: LKE, RED, NVX, MYR, PMV, AX1, ALX
Positive sectors: Banks. REITs. Oil&gas. Iron ore. Consumer.
In the week ahead, all eyes will be on RBA’s latest meeting minutes tomorrow for insights on the latest unexpected rate hike and policy stance