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Investors await short-term direction from Fed Big macro risks call for caution long-term Long-term bearish trend vs. shorter-term bullish trend After ending a streak of five consecutive negative...
Focus is likely to shift from the pace of rate hikes to their destination at the upcoming Fed meeting Currently, the market is pricing a significant amount of rate cuts in 2023. This may come at odds...
Thursday’s $4 swing in crude prices may be the new normal in oil Worries of Europe in recession, overtightening by central banks add to jitters Price cap may be enforceable so long as crude...
Bit of a DownerSlight weakness on Wall Street led the ASX200 lower in the first hour yesterday, and when the index reached 7200 it was all over. There was no support to be found. An hour later the...
Broadcom reports Q4 earnings today after market close The stock has surged 20% from its October lows However, since reaching the top of its falling channel earlier this month, AVGO has been correcting...
The IEA says renewables will “become the largest source of global electricity generation by early 2025” However, the latest market numbers indicate otherwise Renewables are not likely to...
Bad Moon RisingThe ASX200 opened down -50 yesterday ahead of the GDP release, following more weakness on Wall Street. On the release, it fell again to be down -70 points at lunchtime. There followed...
DXY was soft overnight: AUD firmed:Oil is a falling meteorite. $70 support here we come:Dirt loves China:But miners (NYSE:RIO) fell with iron ore:EMs stocks (NYSE:EEM) too:But EM junk...