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Powell and the Fed have the bulls on edge for now

10 Mar 2023 - If you are involved in the markets it will pay to keep a close eye on a couple of US statistics in particular over the next few days – they will be key drivers behind…

Myer goes straight to the top of the 1H23 retail class

10 Mar 2023 - Department store chain Myer (ASX:MYR) delivered on Thursday what was arguably the best result from the retailing sector for the first half of the 2022-23 financial ye…

Lithium locals embroiled in short sell play

10 Mar 2023 - ASX trading in shares of Piedmont Lithium (ASX:PLL) and Atlantic Lithium (ASX:A11) was halted until Monday on Thursday to allow the companies to prepare a response to…

Xero the latest techie to feel the pinch

10 Mar 2023 - NZ accounting software maker Xero (ASX:XRO) has become the latest technology company to announce major staff cuts, telling investors on Thursday it would axe up to 80…

Stocks of the Hour: Prescient Therapeutics, Lindian Resources, Solstice Minerals

09 Mar 2023 - A snapshot of the stocks on the move featuring Prescient Therapeutics (ASX:PTX), Lindian Resources (ASX:LIN) and Solstice Minerals (ASX:SLS).

Fed zigs while RBA zags in inflation battle

09 Mar 2023 - Two different economies at very different stages of their battle against inflation but there are some similarities between the US and Australia, and one glaring dispa…

Carsales lathers up for Brazilian foray

09 Mar 2023 - Carsales.com (ASX:CAR) is looking for half a billion dollars in a new capital raising to finance its decision to boost its stake in Brazil’s biggest online car sales …

NEV data a needed turbo boost for renewables

09 Mar 2023 - Good news from China for producers of renewable metals, especially lithium, with a surge in sales of new energy vehicles (NEVS) in February that should allay lingerin…

New Century now under new ownership

09 Mar 2023 - Wednesday saw New Century Resources (ASX:NCZ) throw in the towel and capitulate to the unsolicited $1.10 per share cash bid from South African precious metals miner S…

Stocks of the Hour: Sayona Mining, Evolution Energy Minerals, Tyranna Resources

08 Mar 2023 - A snapshot of the stocks on the move featuring Sayona Mining (ASX:SYA), Evolution Energy Minerals (ASX:EV1) and Tyranna Resources (ASX:TYX).

Powell's words a hot knife through the market's butter

08 Mar 2023 - Federal Reserve chair Jerome Powell sent shivers through financial markets when he told the US Senate on Tuesday that interest rates may have to rise by more than pre…

RBA assures us this hike won't be the last

08 Mar 2023 - As expected the Reserve Bank raised its key cash rate for a 10th time – by 0.25% – to a forecast 3.6% but again signalled that at least one more rate rise is around t…

InvoCare comes to life on private equity bid

08 Mar 2023 - Shares in InvoCare (ASX:IVC) – the owner of White Lady Funerals, Simplicity Funerals and Le Pine – jumped 37% on Tuesday in early trading after a $1.8bn buyout propos…

Canada clamps down on Chinese mining investment

08 Mar 2023 - Some of those who moaned after the FIRB blocked an attempt by a Chinese shareholder to lift its stake in rare earths miner Northern Minerals should take a look at Can…

Musk's rare earths rant drowns out price cut move

08 Mar 2023 - More evidence that Tesla’s Elon Musk’s investor day was a complete waste of time and a badly executed PR job, even though credulous Australian investors belatedly too…

Stocks of the Hour: DroneShield, Sayona Mining, Pentanet, Metro Mining

07 Mar 2023 - A snapshot of the stocks on the move featuring DroneShield (ASX:DRO), Sayona Mining (ASX:SYA), Pentanet (ASX:5GG) and Metro Mining (ASX:MMI).

RBA set to keep calm and tighten on

07 Mar 2023 - The Reserve Bank is expected to lift the cash rate by another 0.25% at its March meeting today, even though there is clear evidence the economy is slowing and consume…

BYD streets ahead of Tesla in latest NEV sales data

07 Mar 2023 - BYD moved further ahead of Tesla in the huge and competitive Chinese New Energy Vehicle (NEV) market in February and the first two months of 2023.

Huge raising the only solution for Bravura's woes

07 Mar 2023 - Existing shareholders in Bravura Solutions (ASX:BVS) face a massive dilution as the company looks to save itself via a $80 million fundraising that will boost issued …

Core Lithium jumps 6% on Finniss upgrade

07 Mar 2023 - Core Lithium (ASX:CXO) shares had a nice little run up on Monday after it more than doubled the mineral resource for part of its Finniss lithium project in the Northe…

Stocks of the Hour: Empire Energy, BrainChip, Poseidon Nickel

06 Mar 2023 - A snapshot of the stocks on the move featuring Empire Energy (ASX:EEG), BrainChip (ASX:BRN) and Poseidon Nickel Ltd (ASX:POS).

Suitable replacements for Australia's largest pure copper play

06 Mar 2023 - For years, commodities experts have warned of a copper crunch. And with the recent reopening of China, as well as the ramping up of the transition to renewable energy…

Chinese growth target somewhere in the ballpark

06 Mar 2023 - China is looking for consumers to grow the economy faster than it did in Covid-damaged 2022, but remains reluctant to set an actual target as opposed to rough estimat…

Commodities corner: Rigging the oil market

06 Mar 2023 - US energy companies have once again cut the number of active oil rigs, a sign they are increasingly worried about future US production this year and next.

Diary: Locked and Loaded

06 Mar 2023 - The US jobs data for February dominates market this week – even in Australia where the next rate rise from the Reserve Bank tomorrow is a given, as far as markets are…

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