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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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Cushing faces oil shortage crisis

28 Sep 2023 - A critical US oil town, Cushing, Oklahoma, is grappling with a dire oil shortage that is sending shockwaves through energy markets, pushing US oil prices above $94 pe…

ASX closes 0.1% lower: nine out of eleven sectors saw losses

27 Sep 2023 - The Australian stock market didn't react significantly to a 5.2 percent increase in inflation because it was in line with expectations.

Afternoon update: ASX dips 0.29% with all sectors in the red

27 Sep 2023 - The S&P/ASX 200 is trading 0.29 per cent lower at 7,018.00.

Australian wine industry faces uncertain future amidst tariffs and changing markets

27 Sep 2023 - The Australian wine industry, once a thriving sector and a major contributor to the nation's exports, finds itself in a state of upheaval due to punitive tariffs impo…

ASX down 0.22% at noon: CPI increases to 5.2% in August

27 Sep 2023 - The monthly consumer price index in Australia increased to 5.2% for the 12 months ending in August, up from 4.9% in July, according to the Australian Bureau of Statis…

US markets slide on new home sales and consumer confidence data

27 Sep 2023 - The Dow Jones Industrial Average fell Tuesday after the latest home sales and consumer confidence reports stoked concern over the state of the US economy.

ASX closes 0.54% lower due to sell-off in tech and real estate stocks

26 Sep 2023 - On Tuesday, the Australian stock market experienced a decline primarily due to a sell-off in technology and real estate stocks.

Afternoon update: ASX down 0.62%, Health Care leads sectors

26 Sep 2023 - The S&P/ASX 200 is trading 0.62 per cent lower at 7,032.70.

Linius Technologies' dynamic journey to success & what lies ahead

26 Sep 2023 - Linius Technologies (ASX:LNU) specialises in the development and commercialisation of SaaS solutions for video, particularly for the sports market. Linius Media Solut…

ASX down 0.49% at noon as Tech falls

26 Sep 2023 - At noon, the S&P/ASX 200 is 0.49 per cent lower at 7,042.10, primarily driven by losses in property and tech sectors.

US indexes snap four-day losing streak

26 Sep 2023 - The S&P 500 climbed on Monday to kick off the final week in September. All three major averages snapped four-day losing streaks.

Gains in tech stocks help lift ASX 0.11% at close

25 Sep 2023 - The ASX experienced a midday rally in tech stocks, which helped it recover from earlier losses in the materials sector, driven by concerns related to China's economic…

Afternoon update: ASX down 0.18%, Tech standouts, Asian markets mixed

25 Sep 2023 - The S&P/ASX 200 is trading 0.18 per cent lower at 7,056.20.

Iron robust despite property crisis

25 Sep 2023 - Despite China's ongoing property crisis, the demand for iron ore remains robust due to the increasing need for steel in various sectors, including electric vehicles, …

Oil surges on back of hedge fund optimism

25 Sep 2023 - Oil prices climbed for the second day in a row as hedge funds displayed increasing confidence in tightening global supplies, hinting at a potential resumption of the …

ASX down 0.38% at noon as oil prices rise

25 Sep 2023 - Oil prices increased for a second consecutive day, driven by hedge funds' growing confidence in tightening oil supplies.

US stocks retreat as Fed aims to keep rates higher for longer

25 Sep 2023 - US stocks retreated on Friday, concluding what has been a tough week for the market. The Dow Jones Industrial Average fell 0.31%. The S&P 500 shed 0.23%. The Nasdaq C…

ASX down 1.03% at noon: Australia Flash Composite PMI expands

22 Sep 2023 - The Judo Bank Flash Australia Composite PMI Output Index for September improved to 50.2 from August's 48.0, indicating a return to expansion in Australia's private se…

ESG weekly highlights: Lithium, climate, labor, cybersecurity

22 Sep 2023 - The lithium market has witnessed a sharp downturn this week, with spot prices continuing their decline from the late-2022 peak.

ASX closes 1.37% lower: Consumers becoming cautious

21 Sep 2023 - Consumers are becoming more cautious due to rising living costs, but UBS analysts believe this doesn't indicate an immediate drop in spending, as they note a slight i…

Afternoon update: S&P/ASX 200 down 1.37% as Financials lag, South32 leads large caps

21 Sep 2023 - Afternoon update: S&P/ASX 200 down 1.37% as Financials lag, South32 leads large caps

ASX down 1.01% at noon after hawkish comments from the Fed

21 Sep 2023 - The ASX experienced continued declines at midday, with banking stocks being particularly affected. This drop was triggered by the recent hawkish statements from the U…

Stocks dip as Fed holds rates steady, hints at future hike

21 Sep 2023 - Stocks retreated on Wednesday after the Federal Reserve said it would leave interest rates unchanged but indicated another hike on the horizon.

ASX extends its three-day losing streak to close 0.46% lower

20 Sep 2023 - The ASX extended its three-day losing streak, with materials and energy stocks declining, as investors awaited rate decisions from the Bank of England, Bank of Japan,…

Afternoon Update: S&P/ASX 200 falls 0.62% as Energy sector weighs down

20 Sep 2023 - Afternoon Update: S&P/ASX 200 falls 0.62% as Energy sector weighs down