Market Update – August 12
USDIndex lifted to 105 after dropping to a low of 104.50 after the early data, but is still heading for a weekly loss amid trimmed back expectations for the Fed’s…
Read More »NZD/USD Rises on US Dollar Pullback as APAC Traders Eye Australian Trade Data
The New Zealand Dollar rose, taking advantage of a broadly weaker US Dollar that fell as market sentiment improved overnight. APAC traders are watching today’s trade numbers out of Australia.
Read More »Events to Look Out for Next Week
The ECB joined the rate hike club with its first hike in over a decade and the announcement of a “Transmission Protection Instrument,” a TPI. Next on the agenda is…
Read More »Events to Look Out for Next Week
Inflation clearly was the key topic at the ECB forum this week, and will remain in focus in July, as now the key question is how aggressive banks could get….
Read More »Australian data – Westpac monthly consumer confidence for June: -4.5% (prior -5.6%)
The index drops to 86.4 from 90.4 in May. Monthly survey confirming the downwardly spiralling weekly survey results: Australia data – ANZ Roy Morgan weekly consumer confidence 80.4 (prior 87)…
Read More »Nasdaq 100 Sinks as ECB Turns More Hawkish. ASX 200 at Risk, Eyeing China CPI Data
The Nasdaq 100 and tech stocks tumbled as the ECB, another major central bank, turned more hawkish. Australia’s ASX 200 is looking vulnerable, eyeing Chinese lockdowns and CPI data.
Read More »May 22: Worst Drop in Stocks since Great Depression, Mew Monkey Pox Pandemic (Recap ep176)
In this week’s Recap, Marcello talks about some data that shows that we are facing a drop in stocks very similar to the one the market suffered in the Great…
Read More »Australia’s Qantas to buy majority stake in TripADeal as leisure travel rebounds
Original source: https://www.investing.com/news/stock-market-news/australias-qantas-to-buy-majority-stake-in-tripadeal-as-leisure-travel-rebounds-2829341
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