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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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US stocks snap losing streak

07 Aug 2024 - US stocks jumped Tuesday, recovering some losses from the previous three trading days as investors took a pause from recession fears and Japanese equities rallied.

Copper-gold in Utah and lithium in Brazil

06 Aug 2024 - Alderan Resources Limited (ASX:AL8) Managing Director Scott Caithness discusses the company's exploration targets and progress.

RBA pauses rate hikes

06 Aug 2024 - The Reserve Bank of Australia (RBA) today maintained the cash rate at a 12-year high of 4.35 per cent, opting to hold steady as it continues its battle against persis…

ASX up 0.2% near noon: Investors await for further economic indicators

06 Aug 2024 - The Australian sharemarket rebounded today after heavy selling yesterday. This follows a global rout triggered by recession fears in the US. Investors are now looking…

Wall Street plummets in worst day in nearly two years

06 Aug 2024 - US stocks plummeted on Monday, with the Dow Jones Industrial Average suffering its worst day in nearly two years.

Australian startup seeks to break China's lithium grip

06 Aug 2024 - An Australian start-up, backed by mining giant Rio Tinto (ASX:RIO), is raising funds to develop a lithium extraction technology that could unlock new reserves of this…

Small caps shine, then fade

06 Aug 2024 - The investor shift from Big Tech to smaller stocks in July gave the Russell 2000 index one of its best months in years, marking its biggest outperformance against meg…

Australia's Woodside Energy acquires $2.35bn low-carbon ammonia project in Texas from OCI Global

06 Aug 2024 - Woodside Energy (ASX:WDS), Australia's largest oil and gas developer, has announced its second acquisition of US assets within weeks. The Perth-based company has agre…

ASX closes 3.7% lower: US recession fears loom

05 Aug 2024 - At the closing bell, the S&P/ASX 200 was 3.7 per cent lower at 7,649.60.

ASX down 2.93% at noon: US recession fears loom

05 Aug 2024 - At noon, the S&P/ASX 200 is 2.93 per cent lower at 7,710.70. This dramatic fall is primarily attributed to escalating US recession fears ignited by disappointing jobs…

US stocks tumble following jobs data

05 Aug 2024 - US stocks plunged on Friday following a significantly weaker-than-expected July jobs report, raising fears of a potential recession.

Commodity prices plummet amid weak Chinese demand

05 Aug 2024 - Commodities ranging from copper to corn have been plummeting as ample supplies and waning Chinese demand have prompted fund managers to slash around $41 billion in bu…

Has the Fed misjudged the timing of rate cuts?

05 Aug 2024 - Jay Powell is maintaining a calm demeanour about the US economic outlook, but perhaps too much so. The Federal Reserve decided to hold interest rates steady at its mi…

ASX down 1.94% near noon: All sectors in red

02 Aug 2024 - Australian shares plummeted on Friday, mirroring a sharp decline on Wall Street driven by concerns over the Federal Reserve's monetary policy stance.

Recession fears trigger US market selloff

02 Aug 2024 - Fresh activity data triggered fears that the Fed has left it too late to start its rate cut cycle and risks of a recession are rising.

Australia's resource boom faces cold shower

02 Aug 2024 - The rapid ascent and subsequent plunge of the lithium market has sent shockwaves through Australia's resource-dependent economy.

ASX up 0.6% near noon: Investors optimistic over potential rate cuts

01 Aug 2024 - The Australian share market has reached a new peak, surpassing 8100 points, fuelled by investor optimism stemming from potential interest rate cuts and rising oil pri…

Fed commentary triggers surge in megacap tech stocks

01 Aug 2024 - All three major indices rallied as the Fed kept rates unchanged but pointed to a likely easing in September as the inflation outlook continues to improve.

Rio Tinto cautious on mega-mergers

01 Aug 2024 - Rio Tinto's (ASX:RIO) chief executive, Jakob Stausholm, expressed no urgency in pursuing major mining sector deals, labeling a potential takeover of rival Anglo Ameri…

Fed signals potential September rate cut as inflation eases

01 Aug 2024 - The Federal Reserve has indicated it could start lowering interest rates as early as September, following a decision by US policymakers to maintain borrowing costs at…

ASX surges 1.8% driven by low inflation figures

31 Jul 2024 - The Australian sharemarket surged 1.8% on Wednesday, driven by unexpectedly low inflation figures, quashing expectations of a rate hike.

ASX up 1.1% near noon: CPI increases to 3.8% in June quarter

31 Jul 2024 - Australian annual inflation increased to 3.8% in the June quarter, aligning with market expectations.

Tech stocks pull back ahead of key earnings releases

31 Jul 2024 - The Nasdaq was the worst performing index as investors prepared for quarterly results from the big tech names.

Gold demand soars

31 Jul 2024 - Wealthy families and individuals concerned about US government debt levels likely drove a record surge in gold demand during the second quarter, according to an indus…

ASX closes 0.5% lower: Investors brace for data flood

30 Jul 2024 - The Australian share market declined on Tuesday, primarily driven by a sharp sell-off in mining giants, particularly Fortescue Metals. The benchmark S&P/ASX 200 Index…