The ASX All Ords was up 274 points overall last week, compared to the week prior. This was recovered on Friday, with the XAO trading up 71.30 points to close out the week. With some luck the All Ords looks to be moving into positive territory…
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 Newcrest Share Price Is Headed in the Opposite Direction to the Gold Price
There is a curious trend emerging in the Newcrest Mining Ltd [ASX:NCM] share price; the gold price is headed up while its share price is headed down. The share price has shed over 6% in the past six months, while the gold price (AUD) has soared over 23% in the same period. Source: Tradingview.com On […]
Much Trouble in China: Say Goodbye to International Transparency
Numbers go up, people cheer. It doesn’t seem to matter how bad the economic climate gets, as long as there’s a positive number in the data, markets see a rally. Overnight a bunch of data rolled out of China, and the US market rallied. Then Australia woke up, and our market joined in on the […]
Alliance Resources Share Price Doubles on Drilling Results (ASX:AGS)
It’s not often you see a stock double in value in a single day. That’s exactly what Alliance Resources Ltd [ASX:AGS] has managed to do though. As of time of writing, the AGS share price is up 111%. A stellar gain for this junior gold miner. AGS Drilling success The reason for the stunning share […]
Macquarie Group Share Price Up as It Slashes Dividends (ASX:MQG)
Today we look at the Macquarie Group Ltd [ASX:MQG] share price in the context of its dividend cut. At the time of writing, The MQG share price is up 3.73%, trading at $103.26. An MQG share price rise on a day when they announced a dividend cut could indicate..
Bitcoin Halvening and The Future of Crypto: What to Do on Tuesday
On Tuesday, bitcoin — the controversial and much debated cryptocurrency — is about to see its third ‘halvening’. It’s a big event, but not for the reasons you might think…