Finance News Network

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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Afternoon update: Energy stocks lift following rally in oil prices

09 Oct 2023 - The S&P/ASX 200 is trading 0.51 per cent higher at 6,989.40.

ASX rises 0.5% at noon: Oil prices rally following attack by Hamas

09 Oct 2023 - ASX rises at midday primarily due by a rally in energy and mining stocks, which was a response to the surge in oil prices in Asia.

US stocks rise after the release of jobs data report

09 Oct 2023 - US stocks rallied Friday even after the release of stronger-than-expected US jobs data and a pop in Treasury yields. The US economy added 336,000 jobs in September, t…

ASX closes 0.51% higher influenced by a relief rally inspired by Wall Street

05 Oct 2023 - On Thursday, the sharemarket experienced a rebound, influenced by a relief rally inspired by Wall Street. This rally was prompted by softer US jobs data, which tempor…

Afternoon update: ASX trading 0.51% higher in a volatile session

05 Oct 2023 - The ASX has seen a recovery in the afternoon, building on its earlier gains, as energy stocks managed to recover somewhat after a sharp drop in oil prices overnight.

ASX up 0.08% at noon as Australia's trade surplus expands

05 Oct 2023 - In August, Australia's trade surplus expanded to $9.6 billion, surpassing expectations, as exports increased by 4 percent, primarily led by gold, while imports declin…

The Dow breaks three-day losing streak: Oil prices drop by over $5

05 Oct 2023 - The Dow Jones Industrial Average broke a three-day losing streak Wednesday as Treasury yields pulled back from multi year highs following the release of much weaker-t…

ASX closes 0.8% lower to its lowest point in 11 months

04 Oct 2023 - The Australian sharemarket experienced its lowest point in 11 months, mirroring Wall Street's losses driven by concerns over rising interest rates following stronger-…

Afternoon update: ASX down 0.75%, Cattle prices fall, RBNZ leaves rates unchanged

04 Oct 2023 - The S&P/ASX 200 is trading 0.75 per cent lower at 6,891.30.

ASX down 0.68%: RBNZ likely to hold rates

04 Oct 2023 - The S&P/ASX 200 is currently trading 0.68 per cent lower at 6,896.40. RBNZ expected to hold rates.

September sell-off generates US$50 billion for short sellers

04 Oct 2023 - Short sellers who had bet against megacap technology stocks emerged as winners in September as a selloff in the sector unfolded.

Fortescue invests in green hydrogen unicorn

04 Oct 2023 - Twiggy Forrest's Fortescue has confirmed its involvement as one of the lead investors in the US start-up Electric Hydrogen's Series C funding round.

Stocks fall amid soaring Treasury Yields and recession concerns

04 Oct 2023 - Stocks tumbled on Tuesday as Treasury yields hit their highest levels since 2007, raising concern higher interest rates would freeze the housing market and tip the ec…

ASX closes 1.3% lower to hit a six-month low

03 Oct 2023 - The Australian sharemarket hit a six-month low on Tuesday, driven by a US Treasury sell-off influenced by the US Federal Reserve's hawkish messaging, despite the Rese…

Afternoon update: ASX trading 1.08% lower as RBA keeps rates unchanged at 4.1%

03 Oct 2023 - The S&P/ASX 200 is trading 1.08 per cent lower at 6,957.

ASX down 1.19% at noon: New housing approvals experience growth

03 Oct 2023 - In August, new housing approvals experienced a significant rebound, growing by 7 percent compared to a revised figure of -8.1 percent in July. This increase was prima…

Newmark Property REIT (ASX:NPR) discusses FY23 results

03 Oct 2023 - Chris Langford, Managing Director of Newmark Property REIT (ASX:NPR), discusses FY23 results and acquisitions.

The Dow falls: Senate passes continuing resolution

03 Oct 2023 - The Dow Jones Industrial Average was lower Monday even after US legislators were able to come to a short-term agreement that staved off a government shutdown.

ASX up 0.26% at noon as US bond yields hit a high not seen since 2009

29 Sep 2023 - Yields on 30-year Treasuries are experiencing their most significant quarterly increase since 2009, causing concerns that the recent bond market turmoil could have br…

Interest rate challenges for US small and mid-sized stocks

29 Sep 2023 - The Federal Reserve's commitment to maintaining higher borrowing costs for an extended period threatens the fragile balance sheets of smaller enterprises.

US stocks rise, Traders watch Treasury yields

29 Sep 2023 - Stocks rose Thursday, as Wall Street tried to regain some of this month’s steep losses and traders kept an eye on Treasury yields.

Chariot Corporation making waves in US lithium market

29 Sep 2023 - Chariot Corporation, soon to be ASX-listed next month, is making waves in the US lithium market.

ASX closes 0.1% lower following drop in retail sales

28 Sep 2023 - The ASX closed lower on Thursday, primarily due to a decline in consumer stocks following an unexpected drop in monthly retail sales figures.

ASX up 0.32% at noon as oil prices surge

28 Sep 2023 - Oil prices surged towards $100 per barrel as US storage hub stockpiles hit critical lows, with West Texas Intermediate trading near $94 per barrel after a 3.6% jump, …

Dow ticks lower overnight: WTI crude oil records best day since May

28 Sep 2023 - The Dow Jones Industrial Average fell Wednesday, building on the steep losses from the previous session, as an uptick in Treasury yields and oil prices dented investo…