Australia’s South32’s Q1 metallurgical coal output falls on Illawarra bottlenecks

Original source: https://www.investing.com/news/stock-market-news/australias-south32s-q1-metallurgical-coal-output-falls-on-illawarra-bottlenecks-3205043

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Breaking: Australia’s Unemployment Rate arrives at 3.6% in September, Employment Change drops by 6.7K

The Australia’s Unemployment Rate came in at 3.6% in September. The Employment Change dropped by 6.7K in September. More to come…

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Australia September Jobs +6.7K (vs. +20K expected) & Jobless rate 3.6% (vs. 3.7% exp)

While the number of jobs added during September, at +6.7K, is a disappointment the other ‘headline’, the unemployment rate, dropped to 3.6% from 3.7%. Due to a big drop in…

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Australia fines Musk’s X platform $386,000 over anti-child abuse gaps

Original source: https://www.investing.com/news/stock-market-news/australia-fines-musks-x-platform-386000-over-antichild-abuse-gaps-3198980

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Call And Put Backspreads Options Strategies

In both cases a (usually near the money) option is sold and used to partially fund the purchase of two (or more) out of the money options. Let’s see an…

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Australia’s $131 billion sovereign wealth fund chair will not seek another term

Original source: https://www.investing.com/news/stock-market-news/australias-131-billion-sovereign-wealth-fund-chair-will-not-seek-another-term-3193180

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Events to Look Out for Next Week

The Nonfarm payrolls surprise once again with a strong pop which will increase risks for further Fed tightening this year and will push back rate cuts further into 2024. Futures…

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Australian data: August Exports +4% m/m (prior -2%) & Imports 0% m/m (prior +3.%)

Trade balance data from Australia for August 2023 AUD is little changed on the data release, circa 0.6331 This article was written by Eamonn Sheridan at www.forexlive.com.

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Australia’s Computershare to sell US mortgage portfolio for $720 million

Original source: https://www.investing.com/news/stock-market-news/australias-computershare-to-sell-us-mortgage-portfolio-for-720-million-3188467

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Buy to Open vs Buy to Close

It’s important to know what these terms mean. In addition, you should know under what circumstances you should buy to open and when you should buy to close. (We have…

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