The ASX200 hit an all time high yesterday, causing much celebration amongst Australian investors and commentators; albeit the celebration was short lived. The market closed late yesterday below its psychological ceiling of 8000 (currently sitting at 7968). With many saying…
Gold Spot Price $AU3691 Silver Spot Price $AU43.54 Platinum Spot Price $AU1486 Poor earnings from Microsoft amidst an apparent Super Growth Period from AI have surprised investors and economists. Growth from its cloud service Azure has proved disappointing with 5.5%…
Some of the year’s biggest ‘easy trades’ are coming undone. Everyone going long TECH through either semiconductor or AI focused businesses are now crossing their fingers this correction doesn’t extend further. And many are predicting that if Trump wins the…
Gold Spot Price $AU3646 Silver Spot Price $AU44.26 Platinum Spot price $AU1447 In the next story instalment of ‘Who’s the next President?’, Biden seems to have lost his pole position for the Democrats and Kamala Harris is taking the reins.…
Political uncertainty is playing a role in this week’s stock market positioning as Wall Street considers the possibility that current US President Joe Biden will exit the race in retaining his presidency. The Dow Jones and SP500 both fell Thursday…
Gold Spot Price$AU3683 Silver Spot Price $AU46.67 Platinum Spot Price $AU1504 In an event worthy of film, Donald Trump has survived an assassination attempt early this week. On July 13th, Trump was shot and wounded at a campaign rally. 20-year-old…
The ‘magnificent 7’ megacap tech stocks that have been leading the rally since the October 2022 lows have all taken a beating since yesterday – some losing 2% within intra-day trading. For perspective, this equates to 500B in lost equity…
Spot pricing for Gold $AU3509 Spot pricing for Silver $AU45.80 Spot pricing for Platinum $AU1479 As US elections start gaining more and more attention in the coming months, many economists have started contemplating a Trump presidency and what that would…
Construction spending dipped to -0.1% for May with Factory orders also sliding to -0.5% in a pattern that looks to reaffirm the easing economy in the US. With policy makers now split on whether to begin monetary easing or continue…
Gold Spot Price $AU3497 Silver Spot Price $AU44.40 Platinum Spot Price $AU1511 In an alarming piece of news this week, we’ve heard that during the RBA’s recent decision to hold rates steady, more and more data was suggesting that rates should actually be…
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