ASX News LIVE | XJO Opens Higher; Cettire, Zip, AGL, QBE, Boral, AMP All Feature
ASX 200 inches higher on busy earnings day. Cettire surges on strong FY23 revenue growth. AMP, Boral, AGL, QBE, Zip all feature.
Macroeconomic News: Insights into Economic Trends and Developments
ASX LIVE | ASX Opens Flat; CMB Post $10.2b Profit, SUN Cash Profits Up 67%, China CPI Data Waivers Asian Markets
ASX 200 follows Wall Street down for another morning but shows some signs of recovery in futures. CPI data from China out today could see trouble in Asian markets.
The Comic Opera
Two important things happened last week…each signalling another milestone passed. While we were at an opera in Austria, an ex-president was indicted…and Fitch downgraded the most important asset in the entire world — US Government debt.
The Land of Rising Yields — Part Two
The days of cheap money appear to be over. The cost of debt is rising, which explains why Fitch has concerns over a blowout in future Federal budgets. How will successive administrations be able to afford the interest bill WITHOUT printing? The answer is, they can’t. The prospect of persistent global inflationary pressures is unnerving bond markets. This is why the Bank of Japan (BoJ) has started taking steps to be less controlling with its yield curve control…
ASX LIVE | XJO to bounce back; China risks deflation; Earnings out today: James Hardie, Coronado, Myer, Charter Hall Long REIT
Wall St up overnight to boost XJO. Another big day of earnings out for the ASX. Also later NAB business confidence and Westpac consumer confidence indices.
ASX News LIVE | XJO Falls; PLS, LKE, LTR, DXC Feature; JPMorgan Dumps US Recession Call
ASX 200 opens lower on Monday. Pilbara Minerals, Lake Resources, Dexus, Liontown Resources all feature. JPMorgan dumps recession call.
