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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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ASX closes 0.49% higher as RBA lifts rates by 25 basis points

07 Mar 2023 - At its monthly board meeting today, the RBA board raised the rates by 0.25 percentage points to 3.6 per cent.

ASX down 0.12% at noon as investors await RBA's decision

07 Mar 2023 - Australia's share market is trading slightly weaker ahead of the Reserve Bank of Australia's decision. At noon, the S&P/ASX 200 is 0.12 per cent lower at 7,319.90. T…

S&P 500 closed slightly higher as investors await several big macro events

07 Mar 2023 - The S&P 500 rose slightly overnight, fighting to hold onto last week’s gains as bond yields inched higher and investors braced for a busy week of economic news.

Havoc for rare earths companies following Tesla decision: ASX closes 0.6% higher

06 Mar 2023 - On Monday, the share market closed 0.62 per cent higher at 7,328.60, led by the tech, financials, and real estate sectors, while Lynas (ASX:LYC) was the worst perform…

Tech's big gains lift ASX 0.5% at noon

06 Mar 2023 - At lunchtime, shares have risen by 0.53 per cent to 7,322.20. The tech sector is leading the way with a 2.6 per cent increase as bond yields fall.

Suitable replacements for Australia's largest pure copper play

06 Mar 2023 - For years, commodities experts have warned of a copper crunch. And with the recent reopening of China, as well as the ramping up of the transition to renewable energy…

Major US indexes finish higher Friday to close out first winning week in four

06 Mar 2023 - Stocks rose Friday as Treasury yields eased from their recent highs and investors weighed the cumulative impact from Fed hikes already implemented and digested last w…

ASX closes 0.4% higher, but ends week 0.3% lower

03 Mar 2023 - At the closing bell, the S&P/ASX 200 was 0.39 per cent higher at 7,283.60, supported by gains in mining and energy stocks, which were boosted by hopes of increased de…

ASX 0.3% higher at noon after big gains from US stocks overnight

03 Mar 2023 - A day after the release of the decreasing housing approvals, new owner-occupier first home loan commitments in Australia dropped by 8.1 per cent to the lowest level s…

US stocks rise: Tesla's investor presentation disappoints

03 Mar 2023 - Stocks rose Thursday in an afternoon rally as traders tried to shake off concerns over higher interest rates.

Energy and Materials help boost ASX 0.05% higher

02 Mar 2023 - All sectors except for Energy and Materials closed lower in today’s trading session. However, big gains in these sectors helped the S&P/ASX 200 close 0.05 per cent hi…

S&P 500 closes lower as investors digest Feb's losses

02 Mar 2023 - The S&P 500 fell overnight, as traders struggled to recover their footing following a losing month and that bond yields have continued their climb. The moves came as …

ASX closes 0.1% lower on same day GDP data released

01 Mar 2023 - Following weaker than expected GDP data, the S&P/ASX 200 Index closed the day down by 0.1 per cent at 7251.6 points.

ASX down 0.12% at noon as CPI and GDP decrease from prior month

01 Mar 2023 - The Consumer Price Index (CPI) for January showed a 7.4 per cent increase compared to the same time last year, which is lower than the 8.4 per cent increase in Decemb…

Despite a solid start to the year for stocks, major US indexes fall in Feb

01 Mar 2023 - The major averages fell on Tuesday to round out a tough month for the stock market. Despite a solid start to the year, the major indexes are on pace for their second …

Aus shares close 0.47% higher as ASX falls 2.9% over February

28 Feb 2023 - Australian shares rebounded slightly, with the S&P/ASX 200 index ending up 0.5 per cent at 7258.4 after rising to 7273.6 following a fall earlier in the month. The in…

ASX 0.45% higher at noon as retail sales data beats forecasts

28 Feb 2023 - Australian retail sales increased by 1.9 per cent in January, beating the forecast of 1.5 per cent gain, after a 4 per cent drop in December which was revised from th…

Stocks rebound from yesterday's huge loss: Twitter in more shambles

28 Feb 2023 - Stocks rose Monday as traders tried to recover some ground following the worst week of the year on Wall Street. Investors also looked ahead to another big week in ret…

Aus shares closed 1.1% lower as mining suffers big losses

27 Feb 2023 - On Monday, the S&P/ASX 200 index dropped 1.1 per cent, or 82.2 points, to 7224.8, primarily due to significant losses in the mining sector.

ASX tumbles 1.47% at noon after US closes worst trading week of 2023

27 Feb 2023 - The Australian stock market is experiencing its most challenging day in the last ten weeks. The S&P/ASX 200 index dropped by 1.5 per cent, reaching a low of 7290, whi…

US stocks wrap up worst week of 2023

27 Feb 2023 - US stocks fell sharply Friday, wrapping up their worst week of 2023, after the Federal Reserve’s preferred inflation gauge showed a stronger-than-expected increase in…

Four sectors trading at least 1% higher as ASX is up 0.35% at noon

24 Feb 2023 - Industrials, Information Technology, Utilities and Real Estate are trading at least 1 per cent higher, responding off of strong figures from the US markets overnight.

Big gains from chip stock Nvidia boosts markets

24 Feb 2023 - Stocks closed higher amid volatile trading Thursday as investors remained concerned about the path of the Federal Reserve’s rate hikes. The moves came a day after the…

ASX closes 0.4% lower, unable to recoup losses from noon

23 Feb 2023 - The Australian sharemarket closed lower for a third consecutive session due to an earnings miss by Rio Tinto (ASX: RIO) and concerns about inflation following the Fed…

ASX down 0.4% at noon as Materials get hit

23 Feb 2023 - Materials is down 1.79 per cent at noon, as heavy hitters, BHP (ASX:BHP), Rio Tinto (ASX: RIO) and South32 (ASX:S32) suffer losses to start the day of trade. Qantas (…