Market Reports /
by Peter Milios -
A year ago
16 May 2024 - A weaker than expected CPI print and flat April retail sales numbers pushed all three major averages to record highs.
Market Reports /
by Peter Milios -
A year ago
15 May 2024 - The Australian sharemarket rallied on Wednesday, with the S&P/ASX 200 Index climbing 0.4% to 7753.7 and the All Ordinaries rising 0.3%, driven by gains in the mining …
Market Reports /
by Peter Milios -
A year ago
15 May 2024 - Wage growth in Australia decelerated to 0.8% in the first quarter, falling short of analysts' expectations of 0.9%.
Market Reports /
by Peter Milios -
A year ago
15 May 2024 - Big Tech led the move up as investors chose to look past a higher April PPI number and ahead to the CPI print due tomorrow US time.
Market Reports /
by Peter Milios -
A year ago
14 May 2024 - Australian shares declined on Tuesday as investors awaited details from the federal budget and awaited key inflation data from the US.
Market Reports /
by Peter Milios -
A year ago
14 May 2024 - Australian shares opened slightly lower as investors awaited the federal budget and US inflation data, mirroring subdued Wall Street performance. At 11:30am, the S&P/…
Market Reports /
by Peter Milios -
A year ago
14 May 2024 - Investors remained cautious ahead of the release of producer price data late Tuesday and consumer price data late Wednesday. Both data points are seen as critical to …
Market Reports /
by Peter Milios -
A year ago
13 May 2024 - On Monday, the sharemarket closed with minimal change as gains in consumer stocks counterbalanced losses in energy, setting a cautious tone ahead of the federal budge…
Market Reports /
by Peter Milios -
A year ago
13 May 2024 - The Australian sharemarket edged downwards, primarily driven by losses in financials, anticipating a federal budget presentation by Treasurer Jim Chalmers from the La…
Market Reports /
by Peter Milios -
A year ago
13 May 2024 - US consumer sentiment data released on Friday kept a lid on consumer enthusiasm as the data suggested inflation remains a key concern for consumers.
Market Reports /
by Peter Milios -
A year ago
10 May 2024 - On Friday, Australian shares opened higher, mirroring a positive trend on Wall Street fueled by reinforced expectations of interest rate cuts in the US.
Market Reports /
by Peter Milios -
A year ago
10 May 2024 - US markets rallied on Thursday following a rise in jobless claims that rekindled investor hopes that the Fed will cut rates in the second half of this year.
Market Reports /
by Peter Milios -
A year ago
09 May 2024 - Investor concerns over rising living costs and their potential impact on retail sales and bank lending drove accelerated selling in Australian shares, leading to a 1.…
Market Reports /
by Peter Milios -
A year ago
09 May 2024 - Australian shares opened lower by 0.4% due to Commonwealth Bank's decreased quarterly profit, leading to selling pressure on financial stocks, while multiple retailer…
Market Reports /
by Peter Milios -
A year ago
09 May 2024 - Markets traded close to flat on lighter newsflow as reporting season now nears its end. The Dow Jones was the only one of the major indexes to finish in the green and…
Market Reports /
by Peter Milios -
A year ago
08 May 2024 - On Wednesday, gains in the tech and property sectors were counterbalanced by declines in the mining sector, following a 1.4 per cent increase in shares on Tuesday, pr…
Market Reports /
by Peter Milios -
A year ago
08 May 2024 - Australian shares continued their upward trend, gaining 0.3% at the opening following the Reserve Bank's decision to maintain interest rates and emphasise data depend…
Market Reports /
by Peter Milios -
A year ago
08 May 2024 - US markets traded mostly sideways as the major indexes finished mixed on a day where investors continued to debate the Fed ‘s next rate moves and timing.
Market Reports /
by Peter Milios -
A year ago
07 May 2024 - The Australian sharemarket surged by 1.4 percent following the Reserve Bank of Australia's decision to maintain the cash rate, resulting in gains across all 11 sector…
Market Reports /
by Peter Milios -
A year ago
07 May 2024 - The Australian sharemarket opened higher, mirroring a surge in New York driven by anticipation of potential interest rate cuts by the Federal Reserve.
Market Reports /
by Peter Milios -
A year ago
07 May 2024 - A solid earnings season and rising confidence in the Fed’s rates policy saw markets continue their advance to start the week well into positive territory.
Market Reports /
by Peter Milios -
A year ago
06 May 2024 - The Australian sharemarket saw a 0.7% increase in the benchmark S&P/ASX 200 Index on Monday, primarily driven by gains in interest rate sensitive sectors such as real…
Market Reports /
by Peter Milios -
A year ago
06 May 2024 - The Australian sharemarket surged at opening due to a weaker-than-expected US jobs report, suggesting potential interest rate cuts in the US. At 11:30am, the S&P/ASX …
Market Reports /
by Peter Milios -
A year ago
06 May 2024 - US equity markets rallied strongly on Friday following softer-than-expected April jobs numbers. The report took some pressure off the Fed after recent hotter than exp…
Market Reports /
by Peter Milios -
A year ago
03 May 2024 - The Australian sharemarket began on a positive note amidst concerns of prolonged higher interest rates, with Apple's stock surging over 7% in after-hours trading and …
