Iress saw its shares jump today as the company announced a strategy update to recover from deep losses seen earlier in the year.
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
Sentiment on slowing economic growth has been overshadowed by expectations of interest rate holds across markets today with muted movement on the ASX.
Uranium miner Deep Yellow [ASX:DYL]’s share price fell after a lower-than-hoped MRE upgrade for its Tumas Projects, with an approximate 11% increase in underlying resources.
The ASX 200 is set to rise today as commodities continue to climb. US Dollar and bond yields sell off and momentum slows on Wall St.
After reporting improved half-year results, fast food operator Collins Foods has seen its share price surge.
The International Energy Agency forecasted that the market would tip back into surplus next year — giving further credence to cuts — but for now, oil markets anxiously watch OPEC.