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ASX 200 closed up 43 points to 7246 (+0.6%), supported by a rise in commodity prices. Starting the new financial year off in the positive.
Dow Jones up 285 points on Friday (+0.84%). Up 345 at best. Up 148 at…
MARKET AT MIDDAY The ASX 200 continues its rally into the new financial year up 21 points to 7225…
A much better week for equities as the ASX 200 bounced 1.5%. The RBA beckons on Tuesday next week , with another line ball decision for Phil and his board. This week we saw a nice drop in the monthly CPI to 5.6%. But as I wrote this week, before we all get too carried away just remember that many price rises kick off on July 1st, not least of which will be energy prices. Lucky that the petrol price is coming down( down 6% last month). Maybe we need to buy a generator and cut out the AGLs of the world. Or ring that solar guy back!
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In this episode of On the Couch we catch up with Adam Dawes from Shaw and Partners talking on the market moving themes of the last year. What 23/24 holds in store for investors. His three picks for the new financial year, and answers some member questions on ZIP, MIN, CXL, LOV, and ABB.
MAIN EVENTS US Markets are on holiday on Tuesday July 4th and close early on…
THE NBN HISTORY Ten years ago Telstra was the best income stock in the Australian…
These are out weekly charts of the Markets and sectors – they provide a very quick idea of the currents running through the market at the moment