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Sydney coronavirus spike induces tighter restrictions: Aus shares trading 0.5% lower at noon
23 Jun 2021 - The Australian sharemarket retreated at the open, defying positive expectations set by Wall Street’s strong performance overnight. Most of the sectors were in the sell zone, as banking, health and energy stocks were the heaviest drags on the market. Sydney has recorded another 13 locally-transmitted infections since 8pm last night, prompting the state authorities to ramp up social restrictions and pandemic control measures.

Powell says 1970s-style inflation is unlikely, Why Sonic Healthcare is a hold: ASX to dip
23 Jun 2021 - In this report I cover Wall St's performance following Federal Reserve Chairman Jerome Powell's testimony to the House Select Subcommittee, a wrap up of yesterday’s local bourse and why Sonic Healthcare (ASX:SHL) is a hold after Citi downgrades its rating. Three things to look at today in local economic news that could move the needle.

Healthcare bucks positive sentiment: Aus shares close 1.5% higher
22 Jun 2021 - The ASX200 continued its run in positive territory in the afternoon session to repair damage sustained on Monday. The upward movement reflected positive US investor sentiment, as American punters came to terms with interest rate hikes amidst reflation trade.

ASX rebounds from Monday blues: Aus shares trading 1.4% higher
22 Jun 2021 - The ASX200 staged a major comeback from Monday’s blues and recouped most losses from the previous session, in accordance with an optimistic handover from Wall Street overnight. Financials, materials and energy were powering the broader rally, bouncing back from yesterday’s underperformance. Meanwhile, healthcare was the weak link in the recovery effort and contradicted the market’s upbeat mood, as biotech CSL (ASX:CSL) slumped 1.2 per cent by lunchtime.

Wall St snaps back on energy & banks, Why Rio is a sell: ASX to rise
22 Jun 2021 - In this report I cover Wall St's performance and a recap of the Fed's movements in the past week to give you a sense of its snap back. Yesterday the local bourse slumped to its worst day in 4 weeks though the SPI futures a pointing to a 1.3% gain for today. NSW State budget is set to be handed down today.

Healthcare stems red tide: Aus shares close 1.8% lower
21 Jun 2021 - The Australian sharemarket’s decline eased up in afternoon trade, partially bouncing back from a slump of 2.1 per cent. The afternoon session’s partial recovery could not muster enough strength to stop the Australian benchmark from finishing at a three-week low. Losses in financials, materials and industrials painted the broad picture of the market red, as the sell-off resulted from expectations of ahead-of-schedule interest hikes by the US Federal Reserve. The healthcare sector was today’s main exception, as gains by health stocks fought the tide in a sea of losses.

Inflation panic erases 3 weeks worth of gains: Aus shares trading 1.9% lower
21 Jun 2021 - The Australian sharemarket plunged at the open and descended below the 7300 mark during morning session, following pessimistic leads from Wall Street overnight. Wall Street’s inflation panic transcended across the Pacific to Australian investors, in anticipation of earlier-than-expected interest rate hikes by the US central bank. Financials, Energy and Industrials were the market’s biggest contributors of downward pressure, as the market erased three weeks worth of gains.

Taper-talk tumbles Wall St, Why Zip Co is bullish: ASX to fall
21 Jun 2021 - In this report, I cover Wall St's performance on Friday while touching on their weekly performance following US Fed Reserve James Bullard's inflation comment during his interview on CNBC. Why Zip Co (ASX:Z1P) is bullish with a technical chart analysis rated by Sequoia.

ASX extends advance run to 5 weeks: Aus shares close 0.1% higher
18 Jun 2021 - The ASX200 maintained strong form throughout the day, piercing past the 7400 mark in the morning session before wrapping up the trading week on a positive note. This marked the Australian benchmark’s fifth consecutive week of advances.

Tech & health stocks eclipse mining decline: Aus shares trading 0.6% higher at noon
18 Jun 2021 - The Australian sharemarket started on a weak note but has since then bounced back to ignore negative hints from Wall Street. Infotech and Healthcare neutralised the downward pressure from Financials and Materials, staging a broader comeback by the ASX200 from yesterday’s losses.