What deserves your attention if you’re a stock picker?
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.
The ASX 200 opened up today as tech drove the S&P500 to fresh highs. Earnings season kicks off in full on the ASX with big earnings out today.
Both sales and profits took a large hit in Amcor’s December-half as destocking accelerated and consumer spending remained low.
Big miners lift ASX 200 higher. Luxury retailer Cettire surges 30% on strong sales growth. Lithium stocks rally.
ASX 200 to fall today as equities face pressure from a strong US dollar and soaring bond yields. Aussie traders await the RBA’s decision at 2:30pm AEST.
The widely anticipated merger of mid-tier gold miners Red 5 and Silver Lake Resources has finally gone through, although not without a hiccup.