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News by Peter Milios

Peter Milios

Peter Milios is a recent graduate from the University of Technology - majoring in Finance and Accounting. Peter is currently working under equity research analyst Di Brookman for Corporate Connect Research.

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ASX falls 1.26% at near noon: All sectors in red

16 Apr 2024 - Australian shares declined sharply following stronger-than-expected US retail sales data, dampening hopes for interest rate cuts and triggering a 1.26 per cent drop t…

Far Northern Resources unveils significant discoveries at Empire

16 Apr 2024 - Brisbane-based gold exploration and base metals company, Far Northern Resources (ASX:FNR), debuted on the ASX on Friday and wasted no time in unveiling a noteworthy d…

Strong retail sales & rising yields spook investors

16 Apr 2024 - Stocks erased early gains to finish well in the red after much stronger than expected retail sales cast further uncertainty around the likelihood and timing of rate c…

Fed's Daly says there is no urgency to cut rates

15 Apr 2024 - Federal Reserve Bank of San Francisco President Mary Daly says there is no urgency to adjust interest rates, given a strong labor market, robust consumer spending, an…

Geopolitical concerns weigh heavily on US markets

15 Apr 2024 - Concerns have risen after the Iranian retaliation against Israel and weaker than expected bank earnings overshadowed US markets on Friday.

ASX down 0.27% near noon: US Fed Reserve officials suggest patience in fight against inflation

12 Apr 2024 - Australian shares slipped in the final session of the week as US Federal Reserve officials emphasised the need for patience in addressing global inflation concerns. A…

Markets bounce back from inflation led sell off

12 Apr 2024 - Tech stocks led the market back into positive territory after the previous sessions inflation led sell off after the March PPI number came in below estimates providin…

ASX falls 0.4% following higher-than-expected US inflation data

11 Apr 2024 - Shares rebounded on Thursday despite losses in technology and property sectors following higher-than-expected US inflation data, which led to a 0.4% decline in the S&…

ASX down 0.86% near noon: REITs get slammed

11 Apr 2024 - At 11:30am, the S&P/ASX 200 is 0.86 per cent lower at 7,781.00, as investors sold off interest rate-sensitive sectors such as property, tech, and banking stocks due t…

Higher than expected inflation number triggers selloff

11 Apr 2024 - Hotter than expected March inflation data triggered a wave of selling in US markets with the 10 year Treasury yield soaring back above 4.5 per cent.

ASX grows by 0.3% following optimistic forecasts regarding iron ore consumption

10 Apr 2024 - On Wednesday, the Australian sharemarket saw a 0.3% increase in the benchmark S&P/ASX 200 Index, reaching 7848.5 points, predominantly driven by a surge in mining sto…

Fitch revises China's rating

10 Apr 2024 - In a recent development, Fitch Ratings has opted to revise the outlook on China's long-term foreign debt from stable to negative. This move comes as Fitch cites escal…

ASX up 0.24% near noon following late rebound on Wall Street

10 Apr 2024 - Australian shares opened higher, following a late rebound on Wall Street and a decrease in US Treasury yields ahead of the release of key US inflation data.

Investors stay on the sidelines ahead of key inflation data

10 Apr 2024 - Investors remained on the sidelines ahead of the key March CPI data due out Wednesday US time (tonight local time).

ASX closes 0.5% higher: Speculation of increase demand in iron ore

09 Apr 2024 - The Australian sharemarket closed higher on Tuesday, buoyed by a 0.5% gain in the benchmark S&P/ASX index to 7824.2 points, primarily driven by a 1.5% surge in the ma…

ASX up 0.43% at near noon: March NAB Business survey indicates stable business conditions

09 Apr 2024 - The March NAB Business survey indicated that business conditions and confidence remained relatively stable, with positive trends observed in the retail and constructi…

Bitcoin surges above $71,000 ahead of halving

09 Apr 2024 - Bitcoin surged past the $71,000 mark during Asian trading hours on Monday, marking its highest point since April 1. The rally comes as anticipation builds ahead of th…

US markets close flat ahead of inflation data later this week

09 Apr 2024 - Markets finished the day essentially flat as investors remain focused on CPI due out later this week.

ASX gains 0.2%: IT is best performing sector

08 Apr 2024 - The Australian sharemarket closed slightly higher on Monday, with the S&P/ASX gaining 0.2 per cent to 7789.1 points, despite a tumultuous session for several ASX 200 …

ASX up 0.25% near noon following Friday's tech-driven surge on Wall Street

08 Apr 2024 - The ASX is advancing in the initial session of the week, primarily driven by the strength of technology stocks, following Friday's tech-driven surge on Wall Street.

US market ignores strong payrolls & rising yields to bounce back

08 Apr 2024 - US stocks bounced back in Friday trading ignoring a hotter than expected payrolls print and upward pressure on bond yields.

PainChek (ASX:PCK) expanding into UK market

20 Mar 2024 - PainChek Limited (ASX:PCK) CEO Philip Daffas provides an overview of the company, discussing its recent agreement with Nourish Care to expand into the UK market.

ASX closes 0.07% higher: Mining stocks surge on back of rebounding iron ore prices

18 Mar 2024 - The Australian sharemarket ended Monday's session almost unchanged, with the S&P/ASX 200 closing marginally higher by 0.07 per cent at 7675.8 points, driven by late-s…

DOE allocates $750M to advance 'clean' hydrogen technology

18 Feb 2024 - The Department of Energy (DOE) has unveiled a significant investment of $750 million in research and development aimed at bolstering "clean" hydrogen technology. This…

ASX down 0.15% near noon: RBA commences its two-day meeting

18 Mar 2024 - The Reserve Bank of Australia commenced its two-day meeting, expected to maintain current interest rates, although markets are pricing in a potential rate cut in Sept…