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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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Wall Street predicts Euro to hit parity with US dollar amid Middle East uncertainty

17 Oct 2023 - Major Wall Street banks are anticipating a significant decline in the euro, with expectations that it could reach parity with the US dollar. This forecast comes as ge…

Umicore's multibillion-dollar investment in Canada accelerates EV ambitions

17 Oct 2023 - In a strategic move that underscores Canada's commitment to electrifying its automotive landscape, Umicore Rechargeable Battery Materials Canada Inc. has inked a monu…

US markets rally as earnings season takes centre stage

17 Oct 2023 - Stocks closed higher Monday as earnings season heats up this week. Eleven per cent of the S&P 500 slated to report results. Some notable names on deck this week inclu…

ASX tumbles 0.35% as investors seek bonds and gold

16 Oct 2023 - On Monday, the Australian stock market experienced a decline as investors sought refuge in bonds and gold due to growing concerns about increasing tensions in the Mid…

Afternoon update: ASX trading 0.34% lower as Northern Star Resources leads large caps

16 Oct 2023 - The S&P/ASX 200 is trading 0.34 per cent lower at 7,026.80.

ASX down 0.28% at noon as oil stabilises following Friday's gains

16 Oct 2023 - Oil prices remained stable as Israel had not yet initiated its expected ground offensive in Gaza, while the United States intensified diplomatic efforts to prevent th…

US stocks decline amid growing concerns over rising inflation

16 Oct 2023 - Stocks fell Friday, pressured by a spike in oil prices and rising inflation expectations, as Wall Street wraps up a volatile week.

David Williams to join INOVIQ board

13 Oct 2023 - INOVIQ Limited (ASX: IIQ) has announced the appointment of David Williams as a Non-Executive Director and Chairman Elect.

ASX down 0.37% at noon as oil prices fall

13 Oct 2023 - Oil prices fell as US crude stockpiles increased significantly by 10.2 million barrels, the largest rise since February, and demand for gasoline remained low, pushing…

ASX closes 0.21% higher: ACCC denies electricity industry coordination

12 Sep 2023 - The Australian Competition and Consumer Commission plans to reject authorisation for electricity industry participants to coordinate repair, maintenance, and upgrades…

Exxon's shale deal ignites oil merger wave, including Australian interests in the Beetaloo Basin

12 Oct 2023 - Exxon Mobil's monumental $US59.5 billion ($93 billion) acquisition of Pioneer Natural Resources, marking the largest energy deal in the United States in decades, is p…

Afternoon update: ASX currently up 0.13%, Financials lead, Health Care lags

12 Oct 2023 - The S&P/ASX 200 is trading 0.13 per cent higher at 7,097.60.

ASX up 0.2% as oil prices stabilise

12 Oct 2023 - Oil prices remained stable, hovering around $83 per barrel, after an initial surge linked to Hamas' attacks on Israel over the weekend. This surge was reversed follow…

Wholesale inflation surges 0.5% in September

12 Oct 2023 - Inflation concerns continue to grip the U.S. economy as the latest data reveals that wholesale prices surged more than anticipated in September. The producer price in…

US stocks close higher as PPI comes in higher than expected

12 Oct 2023 - Stocks ticked higher Wednesday as traders awaited the release of new US consumer inflation numbers and Treasury yields continued to retreat.

Birkenstock successfully launches IPO at $US46 per share

11 Oct 2023 - German footwear giant Birkenstock and its private equity owner, L Catterton, have successfully completed their IPO, pricing shares at $US46 each, firmly positioning t…

Afternoon update: ASX up 0.6% as Consumer Discretionary leads gains

11 Oct 2023 - The S&P/ASX 200 is trading 0.6 per cent higher at 7,082.70.

ASX currently 0.47% higher as Aus bond yields fall

11 Oct 2023 - Australian bond yields have decreased, following the trend of their US counterparts, in response to signals from Federal Reserve officials that the central bank is un…

Small caps extend streak, beat S&P 500 for 5th Day

11 Oct 2023 - Small-cap stocks extended their winning streak for the fifth consecutive day on Tuesday, with the Russell 2000 index surging 1.14%, outpacing the S&P 500, which gaine…

Oil prices slide amidst Middle East tensions

11 Oct 2023 - Oil prices experienced a significant decline of more than $1 a barrel on Tuesday, extending a downward trend that began earlier in the day.

US stocks close higher amid falling Treasury yields

11 Oct 2023 - US stocks rose Tuesday, boosted by declines in Treasury yields as Wall Street assessed the geopolitical risks from the Israel-Hamas war. The benchmark 10-year Treasur…

ASX closes 1% higher following rhetoric from US Fed

10 Oct 2023 - The S&P/ASX 200 surged back above 7000 on Tuesday, driven by a shift in rhetoric from US Federal Reserve members towards a more dovish stance and signs of easing infl…

ASX up 1.1% at noon as oil prices hold steady

10 Oct 2023 - Oil prices held steady following a significant surge as Israel indicated that its retaliation against Hamas attacks had just begun, raising concerns of increased inst…

US stocks bounce back amid Israel-Hamas conflict escalation

10 Oct 2023 - Stocks staged a comeback Monday as investors shook off pressures driven by the deadly Israel-Hamas conflict.

ASX rises 0.2% on energy and gold rally amidst Middle East tensions

09 Oct 2023 - On Monday, the ASX experienced gains, primarily driven by a significant increase in energy and gold stocks.