Market Overview

Driven by a decrease in employment, the ABS has revealed a lift in the unemployment rate to 3.7% in January.The uptick in unemployment to start the new year was driven by employment decreasing by...

The latest US retail sales print came in a little hotter than expected on the back of an equally hotter than expected inflation print, sending US stocks higher and the USD up on further Fed rate rise...

Higher-for-Longer Narrative Hurts Bond LongsMonthly US inflation came in line with expectations in January. After hesitating, rates went resolutely higher. Given the lack of a clear signal in the CPI...

U.S. Treasury Secretary Janet Yellen recently stated: “You don’t have a recession when you have the lowest unemployment rate in 53 years.” Let’s HOPE she is correct. As logical...

Despite coming in below the previous reading, U.S. inflation data was slightly above expectations The initial market reaction was a mixed bag However, it is likely that inflation could fall sharply...

By Greg PeelParadise Lost Monday night strength on Wall Street ahead of last night’s US CPI result had the ASX200 shooting up an exuberant 59 points in the first half hour yesterday morning,...

The market correction has started. The question we have repeatedly discussed over the last several weeks is the ongoing battle between bullish technical improvements and bearish fundamentals.On...

Sunday’s Super Bowl had a few notable “firsts,” including the first featuring two brothers on opposing teams, but it will undoubtedly be remembered as a major turning point in sports...

Global marketsThe aftershock of the previous week’s much stronger than expected January US payrolls report continued to reverberate across global markets last week, with equities in retreat and...

DXY sure looks like it is consolidating for another leg higher as EUR breaks down:   AUD has little head and shoulders top:Gold held on. If oil is forming an uptrend then pain is the name of the...

Bullish investors continue to “Fight the Fed,” hoping that a change to monetary policy will reignite the 12-year-long bull market. But, for over a decade, the “Don’t Fight The...

Our base case remains negative EPS growth and a higher unemployment rate from May/June 2023.In other words: a recession. But what if we are wrong?Labor HoardingDuring the pandemic, companies...

Asian stock markets are again having a mixed reaction to overnight price action, not helped by a lower than expected Chines inflation print or the local verbiage from the RBA on continued interest...

By Greg PeelNot a Good Start Yesterday the ASX200 dipped below 7500 on the open and there found technical support. But after safely rallying back out of harm’s way by midday, the index dropped...