-
Apr 22, 2024 | 
raskmedia.com.au | David Bassanese |Jaz Harrison
Global markets – week in reviewThe S&P 500 (INDEXSP: .INX) correction continued last week, with a solid US retail sales report and a hawkish tilt by Fed chair Powell further unsettling bond and equity markets. One market reprieve was signs that Iran is seeking to avoid further escalating its stoush with Israel. The US economic juggernaut rolls on, with March retail spending up 0.7% – much healthier than the 0.4% market expectation.
-
Apr 16, 2024 | 
raskmedia.com.au | Jaz Harrison |David Bassanese |James Gerrish |action. He
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -1.81% to 7,612. Markets @ Midday: Listen here at lunchtime or find all Market Matters Podcasts on Spotify. The local market is now on a 4-day losing streak – its worst run since January (5 sessions) – with today being the worst of the batch.
-
Apr 10, 2024 | 
raskmedia.com.au | David Bassanese |Luke Laretive |Drew Meredith
Global markets – week in reviewIt was largely a case of good news is bad news again on Wall Street last week, with a series of stronger-than-expected activity reports pushing back rate cut expectations further – pushing up bond yields and pushing down equity prices in the process.
-
Apr 10, 2024 | 
raskmedia.com.au | Patrick Poke |Jaz Harrison |David Bassanese
In recent years, the financial world has been swept up in an acronym frenzy.
-
Mar 18, 2024 | 
au.investing.com | Brooke Cooper |David Bassanese
The Kick Starter offer is an additional 0.50% p.a that is added on to the ongoing variable Savings Accelerator rate for the introductory term, up to balances of $500,000. Key pointsING adds new introductory rate to Savings Accelerator. productKickstarter Offer is an additional 0.50% p.a for the first four months, bringing the top rate to 5.20% p.a.The offer is only available to new customers who have never had a savings account with ING before.
-
Mar 17, 2024 | 
raskmedia.com.au | David Bassanese |Luke Laretive |Jaz Harrison |Marcus Padley
Here’s the current market update by David Bassanese, Chief Economist of Betashares: The S&P/ASX 200 (INDEXASX: XJO) is down 2.3% after a 1.3% gain in the previous week, and the S&P 500 (INDEXSP: .INX) is down 0.1% after a 0.3% loss in the previous week. Global marketsIs it just me, or is it getting hot in here? US stocks eased back only a touch further last week despite a lurch higher in bond yields and two stronger-than-expected inflation reports.
-
Mar 11, 2024 | 
raskmedia.com.au | James Gerrish |David Bassanese |action. He
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -1.82% to 7,704.20. Markets @ Midday: Listen here at lunchtime or find all Market Matters Podcasts on Spotify. A few cracks appeared in equities today, the index giving back all of the gains banked from last week and peeling back from all-time highs.
-
Mar 11, 2024 | 
raskmedia.com.au | David Bassanese
David Bassanese of Betashares gives us the current market update for both S&P/ASX 200 (INDEXASX: XJO) and the S&P 500 (INDEXSP: .INX). Are these share prices undervalued? Global marketsUS stocks eased back a touch last week – despite generally encouraging events – suggesting the market is likely just experiencing an element of exhaustion. Bond yields and the $US eased back reflecting dovish Fed commentary.
-
Mar 4, 2024 | 
au.investing.com | Brooke Cooper |David Bassanese
According to the Australian Bureau of Statistics (ABS), 12,850 new residential dwellings were approved in January in seasonally adjusted terms, down almost 1% from 12,979 in December. Key pointsThe overall number of new dwellings approved declined almost 1% in January. Residential construction work completed also dropped 5.2% in Q4 last year. Concerns remain about upcoming housing shortages, although there remains a significant backlog of yet to be completed projects.
-
Feb 19, 2024 | 
au.investing.com | David Bassanese |James Picerno
By Chris BeckerMarket OverviewFeb 19, 2024 18:33 A cautious start to the trading week as Asian share markets absorb the reopening of Chinese equities which started lower despite some upbeat macro news. The USD is slightly lower against all the major currency pairs, especially while the Australian dollar is finally making some headway as it climbs above the 65 cent level but remains weak on the medium and long term timeframes.
