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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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Most sectors in the green: ASX closes 1.29% higher

21 Dec 2022 - The ASX has rebounded sharply following yesterday’s gains. The stars of the day were Real Estate, Utilities, Energy and Materials, all closing up by more than 2 per c…

ASX bounces back after a five-week low: Aus shares 1.42% higher at noon

21 Dec 2022 - At noon, the S&P/ASX 200 is 1.42 per cent or 99.50 points higher at 7,123.80. The news comes after stocks rose overnight on Wall Street, after the US markets were abl…

Markets flat but trillion dollar losses for 5 tech stocks this year

21 Dec 2022 - Stocks rose Tuesday as Wall Street shook off a surprise move from the Bank of Japan that sent global bond yields up. It’s been a rough year for stocks, from the marke…

ASX falls to a five-week low: Aus shares close 1.47% lower

20 Dec 2022 - The ASX has fallen 1.47 per cent or 105 points at the closing bell, coinciding with surprising news coming out of Japan.

All sectors lower: ASX down 0.74% at noon

20 Dec 2022 - The ASX is currently sitting at a 5-week low, amidst many large international central banks' plans to remain firm on continuing their plans to slow down inflation. Th…

Markets fall on recession fears as Musk votes himself out of Twitter

20 Dec 2022 - Stocks fell Monday as recession fears mounted and investors worried time is running out for a year-end rally. The Federal Reserve, European Central Bank and the Bank …

Oil advances whilst the ASX finishes lower: Aus shares down 0.21%

19 Dec 2022 - The price of oil has opened higher to start the week after China has pledged to abandon their zero-COVID policy and the US has stated that it will begin replenishing …

US recession fears: ASX down 0.2% at noon

19 Dec 2022 - US markets fell lower over the weekend, with the Federal Reserve's continual rising of interest rates adding to fears that a recession is coming.

Stocks of the Hour: BBX Minerals, PolarX, Sezzle

19 Dec 2022 - A snapshot of the stocks on the move featuring BBX Minerals (ASX:BBX), PolarX (ASX:PXX) and Sezzle (ASX:SZL).

Persistent wage inflation sparks fears of recession

19 Dec 2022 - Stocks dropped Friday, building on their year-end sell-off, as fears grow over a recession taking place as the Federal Reserve continues raising rates. Market observe…

ASX 0.66% lower at noon after a tumultuous week of trading

16 Dec 2022 - All sectors, besides Energy and Materials are lower. The he S&P/ASX 200 is 0.66 per cent or 48 points lower at 7,157.00.

Lithium stocks dive: ASX closes 0.64% lower

15 Dec 2022 - The overnight Federal Reserve interest rate hike, coupled with peak lithium prices, have created a sell-off in the lithium sector.

ASX falls following the Fed's rate hike: ASX down 0.2% at noon

15 Dec 2022 - Overnight, The Federal Reserve has raised interest rates by 0.5 per cent to its highest level in 15 years, highlighting that the fight against inflation is not over d…

Markets slid as Rio Tinto targets lithium

15 Dec 2022 - Stocks slid Wednesday as the Fed delivered a widely-anticipated 50 basis point rate hike at the conclusion of its December policy meeting. And Tesla shareholders are …

All sectors close higher: ASX up 0.67%

14 Dec 2022 - Utilities, Information Technology, and Energy were today’s stars of the show, as the S&P/ASX 200 finished 0.67 per cent or 48 points higher at 7,251.30.

ASX opens higher after falling inflation data: ASX up 0.03% at noon

14 Dec 2022 - The US consumer price inflation data was released in the US overnight, with results showing that inflation has eased more than expected in November to its lowest poin…

Falling inflation data supports market rally

14 Dec 2022 - Stocks rose Tuesday after the release of new US inflation data, while traders awaited a key Federal Reserve policy decision. Overnight US consumer price inflation eas…

All eyes await tomorrow's US CPI data: ASX closes 0.31% higher

13 Dec 2022 - Big gains from Industrials, Financials and Information Technology caused the ASX to close 0.31 per cent higher in today’s trading.

Utilities gets whacked: ASX closes 0.45 per cent lower

12 Dec 2022 - The Utilities sector has finished 4 per cent lower, with the nation’s leaders putting a temporary cap on the price of coal and gas and the war in Ukraine continuing t…

Talk aplenty but little action at the Critical Minerals Summit

10 Dec 2022 - On November 25, 2022, the Australian partnered with PricewaterhouseCoopers (PwC) to present the Critical Minerals Summit, aimed at answering questions about how Austr…

Lithium slammed by GS, NSW close to energy deal with Federal Government: ASX closes 0.6% lower

08 Dec 2022 - Goldman Sachs have extended their bearish views on lithium, believing that the prices are expected to decline from the second half of 2023.

ASX falls on big tech losses: Aus shares close 0.5% lower

07 Dec 2022 - All sectors besides Materials, which closed 0.22 per cent higher, have finished in the red, amidst the release of the news that GDP estimates fell short of expectatio…

Shares dive following rate hike: ASX closes 0.5% lower

06 Dec 2022 - The ASX has closed 0.47 per cent lower after the Reserve Bank of Australia delivered its eighth interest rate hike in a row, lifting the cash rate 25 basis higher to …

Relaxation of Chinese Covid-19 restrictions: Aus shares close 0.3% higher

05 Dec 2022 - As a result of news that China will relax Covid-19 restrictions, commodities have seen an increase in their prices, resulting in Energy and Materials finishing the da…

ASX down 0.66% at noon after a moderate week of trading

02 Dec 2022 - Energy and Real Estate are down almost 2 per cent at noon, followed by Materials, which is down by 0.61 per cent.