By Greg Peel
But Wait, There’s More
“The Board expects that further increases in interest rates will be needed over the months ahead to ensure that inflation returns to target and that...
By Greg Peel
Sticker Shock
Wall Street saw month-end profit-taking on Monday night but there was going to be none of that malarkey on the ASX yesterday for the last day of January. The futures...
By Greg Peel
Bad News!
According to NAB’s December business confidence survey, business conditions have deteriorated, with the index falling -8 points to +12. Oh woe is us. But the numbers...
By Greg Peel
January Joy
Yes hello, happy New Year, hope you all had a nice holiday break. Clearly not everyone’s been on the beach the whole time – the S&P/ASX 200 is up 5% since...
By Greg Peel
There She Goes
I suggested yesterday might see some volatility with the ASX200 around the 7200 level, given derivative expiry day, and indeed there was. The morning was a madhouse of ups...
Risky Trade
It seems the computers were very excited yesterday in the wake of the big drop in annualised US inflation, shooting the ASX200 up 50 points from the open when the futures suggested only...
Bank On It
After a strong session on Wall Street on Monday night, our futures were up 49 points yesterday morning. After a stumbling start this came to pass, with the ASX200 surging through resistance...
It’s a Gas
On a wet and windy winter’s day in summer, the ASX200 closed down -32 points, having been as low as down -57 late morning yesterday. The topic of the day’s conversation...
Bit of a Downer
Slight 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...
Bad Moon Rising
The 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...