ASX finished the week down 11 points at 7771 (0.2%).
The index rose 1.3% for the week.
USD strength weighs in Resources.
ASX finished the week down 11 points at 7771 (0.2%).
The index rose 1.3% for the week.
USD strength hurts resoeurces.
Webjet (WEB) held its Strategy Day investor presentation yesterday. Well received by the market, the…
US equities advanced overnight after the Fed reaffirmed that rates could be cut as many…
Stock updates.
Fed tilts a little. No real surprises.
Lithium looking better. Uranium too.
Copper stocks in focus.
Where do the ideas come from?
Its all on this morning. The Fed Meeting didn’t change anything for the worse – dovish, three cuts coming – as desired (see below). US markets have discounted the three, not four cuts message already. Bond yields dropped 1.6bp and 8.1bp (10Y and 2Y). SPI Futures up 47 after a 7 point drop in the ASX 200 yesterday. Dow Jones up 400.
SUMMARY Bond yields down, tech up, gold up, bitcoin up, lithium stocks higher. Risk goes…
The ASX200 has finished the day strongly, up 86 points (1.1%) to 7782. Closing near…
US market up on the back of the Fed Meeting – SPI Futures up 47
Market flying along today after the Fed Meeting last night – Jobs numbers have come in higher than expected