Between the Bells

Weekly Wrap 28 June

June 28, 2024 02:00 - 7 minutes - 4.98 MB

This week, the market witnesses a sharp reversal in the artificial intelligence driven rally. Investors are re-evaluating their portfolios in light of the approaching end of FY24 and Australia’s recent inflation data. The Reserve Bank of Australia’s decision to hold rates at 4.35% was followed by hawkish comments, seemingly justified by higher-than-expected inflation figures. In this week’s wrap, Grady covers: (0:43): what is driving inflation to remain sticky (2:24): an analysis on the...

Weekly Wrap 21 June

June 21, 2024 02:00 - 5 minutes - 4.21 MB

Signs from China were mixed this week, with steel demand on the rise, a positive sign for the world’s second-largest economy. However, other indicators like industrial production and house prices are lagging. Meanwhile, the ASX saw a modest gain this week, thanks to strong performances in utilities, financials, and consumer discretionary stocks. In this week’s wrap, Grady covers: (0:10): global market movements this week (1:03): industrial production in China (2:03): the impact of Chi...

Weekly Wrap 14 June

June 14, 2024 02:00 - 4 minutes - 3.32 MB

French election jitters threaten to rattle markets, while US tech giants advance. In this week’s wrap, discover how inflation data, global events and hot ASX sectors are shaping the investment landscape this week. In this week’s wrap, Sophia covers: (0:11) key US economic data moving markets (0:28) concerns surrounding the French election (1:36) what to expect from the Bank of Japan’s meeting (1:50) this week’s corporate news roundup (2:29) the ASX200 top performers (3:43) the ...

Weekly Wrap 7 June

June 07, 2024 02:00 - 4 minutes - 3.44 MB

Global markets posted gains in May, particularly in the US with the S&P500 and Nasdaq rising significantly. However, signs of a US economic slowdown, including cooling inflation and lower growth, suggest a potential rate cut by the Federal Reserve as early as July. Europe is also expected to cut rates due to moderate inflation. China showed economic weakness with declining manufacturing activity. Oil prices fell while copper remained stable but is expected to rise. The US's performance is ...

Weekly Wrap 31 May

May 31, 2024 02:00 - 12 minutes - 9.08 MB

Grady sits down with Bell Potter analyst, Regan Burrows following his exciting trip to Namibia in West Africa to explore the very mining sites he covers in his research including Paladin Energy and Boss Energy. Watch the video as Regan unveils all the latest mining insights he uncovered whilst on this once in a lifetime experience. In this week’s wrap, Grady covers: (2:18) why Paladin Energy has been downgraded (3:30) uranium being the standout commodity of 2024 (4:53) Boss Energy being ...

From the helm: Clarity Pharmaceuticals, Executive Chairman, Alan Taylor

May 24, 2024 01:00 - 16 minutes - 11.2 MB

Embark on a journey of discovery with Dr. Alan as he unveils the cutting-edge breakthroughs of Clarity Pharma, a pioneering force in the relentless fight against cancer through next-generation radiopharmaceuticals. In this instalment of our From the helm series, Bell Direct’s Grady Wulff speaks to Clarity Pharmaceuticals (ASX:CU6) Executive Chairman, Dr Alan Taylor. Clarity Pharmaceuticals specialises in the development of Targeted Copper Theragnostic for the imaging and treatment of select...

Weekly Wrap 17 May

May 17, 2024 00:00 - 4 minutes - 3.25 MB

This year's Federal Budget had a clear focus on easing the cost of living burden and tackling housing affordability. Watch our latest video update to learn how it affects you. In this week's wrap, Sophia covers: (0:12): surprise surplus, cost-of-living relief measures & tax cuts (1:37): the government's plans to tackle the housing shortage (2:24): what the increased Super Guarantee contribution means for you (2:59): the sectors leading the market this week (4:05): upcoming economic data...

Weekly Wrap 10 May

May 10, 2024 01:00 - 11 minutes - 7.86 MB

As we approach the close of FY24, it's a prime opportunity to review your portfolio and investment strategy for the upcoming year. Understanding the current economic landscape will be crucial in making informed decisions for FY25. We're excited to share an insightful conversation between AMP's Deputy Chief Economist, Diana Mousina, and Bell Direct’s Market Analyst Grady Wulff. Diana and Grady discuss key factors impacting the market for the remainder of FY24 and into FY25. In this week’s w...

Weekly Wrap 3 May

May 03, 2024 03:00 - 5 minutes - 4.11 MB

This week's US earnings season was a mixed bag of highs and lows in the market spotlight. Pfizer soared despite COVID vaccine sales dip, while PayPal and Pinterest showed tech potential. Yum Brands stumbled, despite Taco Bell's digital surge. Coca-Cola beat expectations but grappled with inflation and market shifts. In this week’s wrap, Sophia covers: • (0:29): Pfizer’s strong quarter despite COVID dip • (1:05): PayPal’s profitability focus against tech giants • (1:46): Pinterest exceedi...

Morning Bell 19 April

April 18, 2024 22:00 - 2 minutes - 1.74 MB

Wall St closed lower overnight as the S&P 500 fell for the fifth straight day, its longest losing streak since October. The Dow Jones gained 0.06%, the tech-heavy Nasdaq lost over half a percent and the S&P 500 lost 0.22%. Over in Europe, markets closed higher as investors speculate about the first interest rate cut by the European Central Bank. Germany’s DAX closed 0.38% higher, the French CAC closed 0.52% in the green and over in the UK, the FTSE100 ended the trading session up 0.37%. Lo...

Morning Bell 18 April

April 18, 2024 00:00 - 4 minutes - 2.84 MB

Wall St closed lower on Wednesday with the S&P500 posting its fourth consecutive losing session, as key technology names weighed on the market midweek. The Dow Jones fell 0.12% on Wednesday, the S&P500 lost 0.58% and the tech-heavy Nasdaq declined 1.15%. High growth stocks faced the biggest pressure on Wednesday as the Fed’s higher for longer consensus dampens growth runways for stocks of this nature. Investors in the US have been trimming the megacap names like Nvidia, Meta and Apple in fav...

Morning Bell 17 April

April 16, 2024 23:00 - 5 minutes - 4.05 MB

Wall street closed mixed on Tuesday after Fed Chair Jerome Powell said interest rates may need to stay higher for longer if inflation drivers and prices remain sticky. The Dow Jones rose 0.17%, boosted by UnitedHealth shares on the back of better-than-expected first quarter revenue. The S&P500 fell 0.21% on Tuesday and the tech-heavy Nasdaq ended the day down 0.12%. Powell remarked that recent data shows solid economic growth and continued strength in the labour market, but lack of further ...

Morning Bell 16 April

April 15, 2024 23:00 - 2 minutes - 1.83 MB

Wall St closed lower overnight as geopolitical tensions continue in the Middle East. The Dow Jones fell 0.65%, the S&P500 lost 1.2% and the tech-heavy Nasdaq ended the trading day, 1.79% in the red. The CBOE Volatility index, Wall Street’s fear gauge closed at its highest level since October following Iran’s attack on Israel on Saturday night, the first direct attack on Israel from Iran. Over in Europe, markets closed mixed as investors react to the Middle Eastern War. The STOXX600 closed ...

Morning Bell 15 April

April 15, 2024 00:00 - 4 minutes - 3.4 MB

Rising geopolitical tensions and inflation concerns were the drivers of Wall Street’s negative close on Friday with the Dow Jones suffering its worst session since January. The launch of attacks on Iran from Israel fuelled oil prices to surge over the weekend paired with fresh U.S. imports data added fuel to investors concerns of rising inflation pushing back the outlook for rate cuts in the world’s largest economy. The Dow Jones fell 1.24% on Friday and 2.37% for the week, the S&P500 lost ...

Weekly Wrap 12 April

April 12, 2024 03:00 - 6 minutes - 4.81 MB

Rate cuts are on hold as US inflation unexpectedly heats up. The latest data reveals a second consecutive month of rising inflation, dashing hopes for a cool down in June. We'll delve into the key drivers of this inflation surge and what it means for you. In this week’s wrap, Grady covers: (0:10): the latest US inflation reading (0:43): the outlook on the Fed rate cut (0:54): key inflation drivers (4:20): what this means for investors (5:43): the most traded stocks & ETFs by Bell Di...

Morning Bell 12 April

April 11, 2024 22:00 - 2 minutes - 1.93 MB

Wall St closed higher overnight as tech shares climbed higher following concerns of persistent inflation. The S&P500 rallied 0.74%, the tech-heavy Nasdaq climbed 1.68% while the Dow Jones closed flat. In terms of US stocks, Nvidia jumped 4.1%, Amazon gained 1.7% and Alphabet ended the day more than 2% in the green. Over in Europe, markets closed lower overnight after the European Central Bank held rates steady. The STOXX600 closed 0.4% lower with most sectors in the red including banks whic...

Morning Bell 11 April

April 10, 2024 23:00 - 5 minutes - 3.62 MB

Rising treasury yields on the back of a hotter-than-expected inflation reading for March caused US investors to hit the sell button on equities on Wednesday with the Dow Jones falling 1.09% while the S&P500 lost 0.95% and the Nasdaq closed 0.84% lower. Key US inflation data out overnight came in higher than economists and markets were expecting at an annual rate of 3.5% in March compared to 3.2% in February and showed acceleration in inflation for a second straight month, indicating inflati...

Morning Bell 10 April

April 09, 2024 23:00 - 5 minutes - 3.81 MB

Wall St closed mostly higher across the major indices on Tuesday as investors sat back in anticipation of the release of key inflation data out on Wednesday. The Dow Jones fell just 0.02%, the S&P500 gained 0.14%, and the Nasdaq rose 0.32%. Key US inflation data is out later tonight which will indicate how well the Fed’s aggressive stance on interest rates has worked to tame inflation in the world’s largest economy. Economists’ are expecting core inflation rate, which excludes volatile item...

Morning Bell 9 April

April 08, 2024 22:00 - 2 minutes - 1.86 MB

Wall St closed Monday’s trading session mixed as investors await key US inflation data. The Dow Jones lost 0.03%, the S&P 500 fell 0.04%, while the tech-heavy Nasdaq gained 0.03%. US treasury yields also rose, up 4 basis points to 4.42%. In terms of US shares, Tesla shares gained 4.9% following the announcement from CEO, Elon Musk that the company’s robotaxi will be unveiled in August. Over in Europe, markets closed higher to start the trading week as investors await on decisions from the c...

Morning Bell 8 April

April 08, 2024 00:00 - 4 minutes - 2.9 MB

Wall Street recovered to rally mode on Friday as investors welcomed better-than-expected jobs data indicating the world’s largest economy remains robust as inflation falls and interest rates remain elevated. The rally on Friday was not enough to overcome a losing week across the key indices for Wall St though with the Dow Jones rising 0.8% on Friday but sliding 2.27% for the week, the S&P500 gained 1.11% on Friday but fell 0.95% over the week and the tech-heavy Nasdaq jumped 1.24% on Friday ...

Weekly Wrap 5 April

April 05, 2024 03:00 - 8 minutes - 6.01 MB

Bell Direct's Market Analyst, Grady Wulff, is in Adelaide for the Resources Rising Stars conference. Grady’s interviewing top mining Executives and CEOs to talk about where their companies are at and how they're fairing in 2024. Tune in to see Grady catch up with: (0:36) Spartan Resources (ASX:SPR) Managing Director, Simon Lawson (2:38) Kingsland Minerals (ASX:KNG) Managing Director, Richard Maddox (4:17) Kin Mining (ASX:KIN) Exploration manager, Leah Moore (5:46) Australian Rare Earths...

Morning Bell 5 April

April 04, 2024 22:00 - 2 minutes - 1.69 MB

Wall St closed lower overnight as investors await the release of jobs data on Friday. The Dow Jones closed 1.35% lower, the S&P 500 lost 1.23% and the tech-heavy Nasdaq fell 1.4%. Over in Europe, markets closed higher overnight following a slow start to Q2. The STOXX600 closed 0.16% higher with mining stocks gaining 1.7%, whilst chemicals fell 0.6%. Germany’s DAX rallied 0.19%, the French CAC lost 0.2% and over in the UK the FTSE100 closed just under half a percent higher. Locally yesterda...

Morning Bell 4 April

April 03, 2024 22:00 - 3 minutes - 2.25 MB

US equities were mixed overnight with the Dow Jones closing 0.1% lower, marking its third straight negative day, while the S&P500 and the Nasdaq closed slightly up 0.1% and 0.2% respectively. The Dow Jones was lower after Intel declined more than 8% off the back of the company posting operating losses in its semiconductor manufacturing business. And AI company Nvidia was in the red despite trading higher for most of the session on Wednesday, restricting gains for the market. Higher rates al...

Morning Bell 3 April

April 02, 2024 23:00 - 5 minutes - 3.8 MB

Wall St closed lower for a second straight session, extending on the negative start to the second quarter as bond yields rose and the latest release of economic data dented investor expectations of an interest rate cut out of the Fed in June. The Dow Jones lost 1%, the S&P500 fell 0.72% and the tech-heavy Nasdaq declined 0.95% on Tuesday. Inflationary pressures are climbing from manufacturing data coming in stronger-than-expected for March and the price of oil has risen to a 5-month high. K...

Morning Bell 2 April

April 01, 2024 22:00 - 1 minute - 1.43 MB

Wall St closed lower to start the trading week as investors digest the latest US inflation data. The Dow Jones closed 0.6% lower, the S&P 500 fell 0.2% whilst the tech-heavy Nasdaq gained 0.11% by the closing bell. US core PCE data was released on Friday, showing inflation rose 2.8% on a 12-month basis in February, which was in line with expectations. Europe and local markets were closed yesterday for Easter Monday celebrations. What to watch today: The ASX200 is set to open higher this m...

Morning Bell 28 March

March 27, 2024 22:00 - 2 minutes - 1.78 MB

Wall St closed higher overnight as the S&P 500 recorded its best quarter since 2019, ending Wednesday’s trading session up 0.86%. The Dow Jones gained 1.22% and the tech-heavy Nasdaq closed just over half a percent higher. Over in Europe, markets closed slightly higher after a slow start to the session. The STOXX600 closed 0.1% higher with retail stocks closing higher whilst travel stocks fell 2.4%. Germany’s DAX rallied half a percent, the French CAC ended the trading session a quarter of ...

Morning Bell 27 March

March 26, 2024 22:00 - 5 minutes - 3.75 MB

Wall Street extended its losses into Tuesday’s session as a morning rally quickly faded in afternoon trade with the Dow Jones ending the day down 0.08%, the S&P500 lost 0.28% and the tech-heavy Nasdaq fell 0.42%. Orders for long-lasting goods in the US rose 1.4% in February in data out yesterday which beat economists’ expectations of a 0.8% rise, which investors may have taken as a sign that inflation remains elevated in the US thus adding support for rates to remain on hold for a little whi...

Morning Bell 26 March

March 25, 2024 22:00 - 4 minutes - 2.92 MB

Wall St started the week in negative territory as US equities took a breather from record territory with the Dow Jones ending Monday’s session down 0.41%, the S&P500 lost 0.31% and the tech-heavy Nasdaq declined 0.27%. United Airlines fell 3.4% after the Federal Aviation Administration announced it would be increasing its scrutiny of the carrier after a series of safety incidents. Over in Europe, markets closed mixed across the board on Monday as investors continued digesting central bank m...

Morning Bell 25 March

March 24, 2024 22:00 - 4 minutes - 3.26 MB

Despite a mixed session on Friday, Wall Street posted gains across the three key indices for last week with the Dow Jones recording its best week since December and the market is on track for a fifth consecutive month of gains. Investors took a slight breather on Friday after a strong week for equities following the Fed’s latest FOMC meeting where interest rates were held steady again. The Dow Jones fell 0.77% on Friday but added almost 2% for the week, the S&P500 fell 0.14% on Friday but ga...

Weekly Wrap 22 March

March 22, 2024 02:00 - 5 minutes - 3.7 MB

The iron ore industry has hit some turbulence. Prices have taken a nosedive this year, partly due to a slowdown in China – a big buyer of iron ore. This has influenced the Australian stock market, with mining giants like BHP and Rio Tinto feeling the heat. The US dollar and interest rates are also adding pressure. Discover what this all means for investors in this week’s Weekly Wrap video. In this week’s wrap, Sophia covers: • (0:11): why it may be worth keeping watch of iron ore stocks...

Morning Bell 22 March

March 21, 2024 22:00 - 2 minutes - 1.77 MB

Wall St closed higher overnight as the major averages rise to new record levels. The Dow Jones rallied 0.68%, the S&P500 closed 0.32% higher and the tech-heavy Nasdaq ended the trading session 0.2% in the green. Over in Europe, markets closed higher overnight as European stocks hit record highs following monetary policy decisions from the Bank of England and Swiss National Bank. The STOXX600 ended the trading session up 0.9% with nearly all sectors finishing in the green with technology sto...

Morning Bell 21 March

March 20, 2024 21:00 - 3 minutes - 2.61 MB

Wall Street rallied overnight, with all three major benchmarks notching all-time closing highs, after the Federal Reserve announced that there will be three rate cuts before the end of the year. This comes after the Fed held rates at a 23-year high. In this week’s policy meeting, rates were left unchanged however the announcement saw a market rally, with the Dow Jones rising 400 points or 1.03% to a record close, the S&P500 up 0.89% and the Nasdaq gaining 1.25%. Financial stocks and tech sto...

Morning Bell 20 March

March 19, 2024 21:00 - 2 minutes - 1.89 MB

Wall St closed higher overnight as the Dow closed more than 300 points higher by market close. The S&P 500 rose over half a percent, the tech-heavy Nasdaq ended the trading session up 0.39% and the Dow Jones rallied 0.83%. Over in Europe, markets closed higher as investors look to the start of the US Fed’s two-day policy meeting. The STOXX600 closed 0.26% higher with autos stocks rising 1.2%, whilst food and beverage stocks fell half a percent. Germany’s DAX rose 0.31%, the French CAC jumpe...

Morning Bell 19 March

March 18, 2024 21:00 - 2 minutes - 2.11 MB

Wall St closed higher overnight as markets await the US Federal Reserve decision out later in the week. The Dow Jones climbed 0.2%, the S&P 500 closed 0.63% higher and the tech-heavy Nasdaq ended the trading session 0.82% in the green. In terms of US shares, Alphabet gained 4.6% after reports that Apple was in talks with Google to include the company’s Gemini AI in iPhones. Over in Europe, markets closed lower as investors look ahead to the US Federal Reserve meeting. The STOXX 600 closed ...

Morning Bell 18 March

March 17, 2024 22:00 - 3 minutes - 2.32 MB

Well, all three major US benchmarks closed lower last week, the second straight week of losses. This was off the back of inflation concerns which saw technology stocks come under pressure, ahead of the Fed’s next two-day policy meeting starting on Tuesday. The Dow Jones closed 0.5% lower, the S&P500 down 0.6% and the Nasdaq down 0.96%. European markets were also in the red, with investors treading carefully ahead of rate decisions this week by both the Federal Reserve and the Bank of Englan...

Weekly Wrap 15 March

March 15, 2024 00:00 - 6 minutes - 4.88 MB

The spotlight shone brightly on the US economy as investors eagerly awaited the release of key economic data this week. The data would shed light on the nation's battle with inflation, a crucial factor influencing both the health of the world's largest economy and the potential actions of the Federal Reserve regarding interest rates in the coming months. In this week’s wrap, Grady covers: (0:09): why investors were fixated on the US this week (0:53): conflicting signals between US retai...

Morning Bell 15 March

March 14, 2024 21:00 - 2 minutes - 2.11 MB

Wall St closed lower overnight following the release of inflation data that came out higher than expectations. The Dow Jones fell 0.35%, the S&P500 lost 0.29% and the tech-heavy Nasdaq ended the day 0.3% in the red. US producer price index for February came out overnight, showing a 0.6% rise month on month, double the consensus and forecast of 0.3%. Over in Europe, markets closed lower following further inflation readings coming out of the US. The STOXX600 closed down 0.2% with media stock...

Morning Bell 14 March

March 13, 2024 22:00 - 3 minutes - 2.44 MB

US markets closed mixed overnight, with the Dow Jones closing slightly higher, just 0.1% in the green, while the S&P500 closed 0.2% lower and the Nasdaq down 0.5%, as the information technology sector slipped 1.1% with Nividia, Meta and Apple shares all lower. The US consumer price index, a broad measure of goods and services costs, increased 0.4% for the month and 3.2% from a year ago. The monthly measure was in line with expectations while the 12-month reading was slightly higher. Europ...

Weekly Wrap 8 March

March 08, 2024 02:00 - 5 minutes - 3.58 MB

The stock market isn’t always smooth sailing, reacting not just to company performance but also to the ever-shifting tides of global events. Geopolitical tensions from ongoing wars to escalating cyber threats, can create uncertainty and market volatility. However, for investors, this doesn’t necessarily translate to negative outcomes. By understanding the risks and focusing on long-term strategies, investors can navigate these choppy waters and position themselves for continued growth. In t...

Weekly Wrap 1 March

March 01, 2024 03:00 - 7 minutes - 5.48 MB

As we approach the close of the February 2024 reporting season, 346 companies have shared their results, offering a mixed bag of beats, meets, and misses. While investor sentiment has been volatile, with share prices reacting dramatically to both positive and negative news, brokers have been more cautious, issuing slightly more downgrades than upgrades. So, what were the key themes that emerged during the first half that will shape the second half of the year? In this week’s wrap, Grady co...

Morning Bell 29 February

February 28, 2024 22:00 - 2 minutes - 1.87 MB

Wall St has closed lower for the third straight day as investors await Important inflation data coming out later in the week. The Dow Jones lost 0.06%, the S&P500 dropped 0.17% and the tech-heavy Nasdaq ended the trading session 0.55% lower. Over in Europe, markets closed lower as cautious investment sentiment continued on from earlier in the week. The STOXX600 closed 0.3% lower with the majority of sectors ending the trading session in the red. Losses were led by technology stocks which lo...

Weekly Wrap 23 February

February 23, 2024 02:00 - 7 minutes - 5.48 MB

As we end week 3 of the local reporting season calendar, 159 companies have reported their earning results, with 57 beating expectations, 60 meeting expectations and 42 missing expectations. 22 companies have been upgraded by brokers, while 26 were downgraded, mostly due to slowing earnings growth and cost management inefficiencies across the first half. So, what were the market movers this week? In this week’s wrap, Grady covers: (0:38): Pilbara Minerals (ASX:PLS) facing industry challen...

Weekly Wrap 16 February

February 16, 2024 03:00 - 6 minutes - 4.91 MB

We are now halfway through reporting season, a time when the majority of ASX-listed companies are releasing their financial results, provoking much share price movement across the market. So far this reporting season, 53 companies have reported earnings, with 23 beating market expectations, 19 in line with what analysts anticipated, while 11 missed expectations. In this week’s wrap, Sophia covers: (0:39): Commonwealth Bank’s (ASX:CBA) fall in net interest margin (1:32): how AMP (ASX:AMP)...

Morning Bell 15 February

February 14, 2024 21:00 - 2 minutes - 1.93 MB

Wall St closed higher overnight, gaining back losses sustained in it’s previous session. The Dow Jones jumped 0.39%, the S&P 500 closed 0.96% higher and the tech-heavy Nasdaq rallied 1.30%. In terms of US shares Lyft posted better-than-expected results in the fourth quarter which lead to a 36% jump for the ride-hailing company. Over in Europe, markets closed higher as investors react to the latest earnings reports and inflation data coming out of the UK. The STOXX600 closed half a percent...

Morning Bell 13 February

February 12, 2024 23:00 - 5 minutes - 3.96 MB

Wall Street closed mixed on Monday with the Dow Jones rising to a record close, building on the momentum of last week as investors responded to key earnings results and await the release of core inflation data out later this week to determine the broader picture of business and economic stability in the higher interest rate environment. European markets started the week in positive territory across the board as investors continue responding to corporate earnings results out in the region. ...

Weekly Wrap 9 February

February 09, 2024 03:00 - 7 minutes - 5.44 MB

Reporting season has kicked off and 13 companies released their financial results so far, with 6 beating expectations and 7 meeting expectations. In this week’s wrap we highlight the results and investor reactions to some key companies. Locally, from Monday to Thursday, the ASX200 fell 0.78%, weighed down by the materials and energy sectors and tracking the heavy losses on global markets. In this week’s wrap, Grady covers: (0:22): how Amcor’s cost controls offset the impact of lower volu...

Morning Bell 9 February

February 08, 2024 21:00 - 2 minutes - 1.9 MB

Wall St closed higher overnight with the S&P 500 on the verge of reaching the 5,000 level for the first time ever. The Dow Jones rallied 0.13%, the tech-heavy Nasdaq saw a rise of 0.24% and the S&P 500 saw an increase of 0.06%. In terms of US stocks, Disney rallied 11% after beating quarterly earnings estimates and raising its guidance. Over in Europe, markets closed mixed as investors react to earnings. The STOXX600 closed flat with gains lead by household goods up 1.9% and losses spearh...

Weekly Wrap 2 February

February 02, 2024 02:00 - 7 minutes - 5.59 MB

This week was arguably the biggest week on the US reporting season calendar. We saw some of the world’s largest tech companies release quarterly results which impacted global markets. Investors were not impressed with some of the Magnificent 7 reports and we detail why. In this week’s wrap, Grady covers: (0:11): what the Magnificent 7 stocks are (1:14): investor concerns with Tesla’s warning of headwinds (1:36): Microsoft topping expectations across all metrics (2:01): disappointing ...

Weekly Wrap 19 January

January 19, 2024 00:00 - 5 minutes - 4.02 MB

This week’s market saw the fluctuation of commodity prices, the release of anticipated economic data, and a notable surge in uranium reaching unprecedented highs. The ASX200 declined 2% (Mon – Thurs), with all 11 industry sectors in the red. Materials and real estate posted the largest losses, while Boss Energy (ASX:BOE) was the best performing stock. In this week’s wrap, Sophia covers: (0:20): why the energy sector retreated this week (1:46): the fall in natural gas and iron ore prices ...

Morning Bell 16 January

January 15, 2024 22:00 - 4 minutes - 3.27 MB

Over in Europe, markets started the week lower as investors in the European region prepare for the World Economic Forum in Switzerland. The STOXX600 fell 0.5% on Monday, while Germany’s DAX closed down 0.49%, the French CAC lost 0.72% and, in the UK, the FTSE100 ended the day 0.4% lower. Germany’s DAX closed in the red after fresh GDP data indicated the economy contracted 0.3% in 2023 amid rising interest rates, weaker domestic and foreign demand and high inflation in the region. Despite the...

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