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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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Stocks rally on falling Treasury yields

03 Nov 2023 - Stocks gained Thursday as Treasury yields fell, with investors betting the Federal Reserve could be done raising rates for 2023.

ASX closes 0.9% higher: US Federal Reserve kept interest rates unchanged

02 Nov 2023 - The ASX's rate-sensitive sectors saw gains on Thursday as the US Federal Reserve kept interest rates unchanged, leading traders to speculate that US rates had reached…

ASX up 1.25% at noon: AUD rises following Mr. Powell's comments

02 Nov 2023 - The Australian dollar rose to a three-week high of US64.10c after Federal Reserve Chairman Jerome Powell's statements were seen as suggesting that interest rates had …

Stocks of the Hour: Origin Energy, Sunstone Metals, Chimeric Therapeutics

02 Nov 2023 - A snapshot of the stocks on the move, featuring Origin Energy (ASX:ORG), Sunstone Metals (ASX:STM) and Chimeric Therapeutics (ASX:CHM).

Panama Canal shipping cutbacks amidst drought threaten global trade

02 Nov 2023 - Panama City, Panama - The Panama Canal, a vital artery for global trade, is set to face significant cutbacks in the number of ships allowed to cross its historic wate…

Stocks rally as the Fed keeps rates unchanged

02 Nov 2023 - Stocks rallied Wednesday, rebounding from a dismal past three months, after the Federal Reserve kept interest rates unchanged for a second consecutive time - leading …

ASX closes 0.85% higher: Investors await the Fed rate decision

01 Nov 2023 - On Wednesday, the stock market experienced a second consecutive day of gains as investors eagerly anticipated the Federal Reserve's policy statement, hoping to gain i…

ASX up 0.26% at noon: Australian building approvals fall 4.6%

01 Nov 2023 - Australian building approvals in September fell by 4.6%, surprising analysts who had anticipated a 1.3% increase.

S&P500 climbs ahead of Fed rates decision

01 Nov 2023 - Stocks edged higher on Tuesday, as Wall Street closed out a tough month of trading. Stocks posted their third-straight losing month. The Dow and the S&P 500 fell 1.4%…

ASX closes 0.12% higher as Consumer Staples outperforms

31 Oct 2023 - On Tuesday, the Australian sharemarket experienced a modest increase, driven by a rally in consumer staples and real estate stocks.

Afternoon update: ASX up 0.18%: China's offical manufacturing index falls

31 Oct 2023 - The S&P/ASX 200 is trading 0.18 per cent higher at 6,785.30.

Stocks surge as S&P 500 exits correction zone ahead of pivotal week

31 Oct 2023 - Stocks rallied on Monday, with the S&P 500 ending the day out of correction territory, as traders kicked off a big week filled with a Federal Reserve rate decision, j…

ASX closes 0.8% lower to hit its lowest point since October 2022

30 Oct 2023 - On Monday, the ASX experienced a decline of 0.8 percent at 6772.9 points. This drop below 6800 points marked the first time it had done so this year and is its lowest…

Afternoon update: ASX down 0.55% as Israel launches ground operations

30 Oct 2023 - The ASX has reached a 12-month low due to investor concerns that the Israel-Hamas conflict may lead to a regional war.

ASX down 0.62% at noon as Australian retail sales rise by 0.9% in September

30 Oct 2023 - Australian retail sales exceeded expectations by rising 0.9% in September, compared to economists' forecast of a 0.3% increase, following slower growth in August and …

Fears of recession pull the Dow lower

30 Oct 2023 - Renewed selling on fears of a recession dragged the Dow Jones Industrial Average lower on Friday and pushed the S&P 500 into correction territory.

ASX up 0.27% at noon as Australia's producer prices increase by 1.8%

27 Oct 2023 - Australia's producer prices increased by 1.8% in September when compared to the previous quarter, and they rose by 3.8% over the past 12 months, according to the Aust…

Meta's forecast deepens Nasdaq into correction territory

27 Oct 2023 - The Nasdaq Composite dropped deeper into correction territory on Thursday as Meta became the latest tech company to offer a forecast that didn’t quite live up to inve…

ASX closes 0.61% lower: Sell-off in Tech stocks

26 Oct 2023 - The Australian stock market reached its lowest point of the year, primarily driven by a substantial sell-off in technology stocks.

Afternoon update: ASX down 0.8%, SQM buys Azure Minerals

26 Oct 2023 - Australian shares have fallen 0.8 per cent after Wall Street fell on mixed profit reports from Microsoft and Alphabet.

ASX down 0.59% at noon: Energy is best performing sector

26 Oct 2023 - Governor of the Reserve Bank of Australia, Michele Bullock, has stated that they are still in the process of analysing the recent CPI (Consumer Price Index) figures.

Meta & IBM the latest to report Q3 results

26 Oct 2023 - The S&P 500 closed below a key level on Wednesday. The benchmark index fell 1.4%, ending the day below the 4,200 level that was being widely watched by chart analysts…

Hot inflation data leads ASX to close 0.04% lower

25 Oct 2023 - Australian shares closed flat on Wednesday, ignoring a strong performance on Wall Street. The lackluster performance was attributed to a higher-than-expected inflatio…

Afternoon update: ASX down 0.07% after hotter than expected CPI data

25 Oct 2023 - Australia's consumer price index increased by 1.2% in the September quarter compared to the previous quarter, slightly surpassing economists' expectations.

ASX up 0.31% as Australia's CPI beats expectations

25 Oct 2023 - Australia's September quarter CPI data have exceeded market estimates, with the quarterly headline CPI rising 1.2 percent versus the expected 1.1 percent, and the ann…