Weekend Edition: 18th August 2023
Amidst global market fluctuations, the ASX showcased resilience with standout performances from Cochlear and CSL, while economic data hinted at Australia’s evolving financial landscape.
Closing Bell 17th August: Liquidity Crisis in China, Zhongzhi Enterprise Group Faces Restructuring
Today’s financial landscape is marked by Asian market fluctuations, China’s economic challenges, and the Federal Reserve’s inflation concerns, impacting global economies and ASX earnings releases.
AU Earning Calendar: 21st August – 25th August
Anticipating next week’s ASX company earnings release. Key insights, market reactions, and expert analysis. Stay informed on the latest financial updates and trends.
Closing Bell 16th August: Market Jitters, ASX Down Amidst Global Economic Uncertainties
ASX faced global pressures, amidst China’s economic shifts. Tech stocks, including WiseTech and Xero, led the downturn, while earnings reports stirred mixed reactions.
Closing Bell 14th August: China’s Property Woes, A Ripple Effect on Global Markets
China’s property slump sends shockwaves globally, affecting the Australian dollar and US Treasury yields, highlighting interconnected economic vulnerabilities and the ripple effects of market dynamics.
Closing Bell 11th August: Nick Scali and the Star Shines
Amid RBA’s housing crisis warnings, the Australian dollar wavers. Strikes threaten global LNG supply, while corporate earnings from Nick Scali to Newcrest Mining shape market dynamics.
Weekend Edition 11 August: Inflation Moderation and Earnings Revelations
Amidst global market fluctuations, the ASX showcased resilience with standout performances from Boral and Nick Scali, while economic data hinted at Australia’s evolving financial landscape.
Closing Bell 10th August: European Gas Spikes Ahead of Tonight’s US CPI Announcement
European gas prices soar due to potential Australian strikes; meanwhile, global markets await tonight’s anticipated US CPI release, highlighting economic sensitivities on two fronts.
Closing Bell 9th August: Australia’s Dollar and China’s Deflationary Pressures in Focus
Amid global economic unrest, the Australian dollar dips below US65¢, while China faces deflationary pressures. Noteworthy stock movements include CBA’s rise and InvoCare’s notable upswing.
Closing Bell 8th August – Hardie’s Rise vs. Myer’s Slide: The Day’s Market Dynamics Explained
Amid a subdued market day, James Hardie’s shares soared, while Myer stumbled. Concurrently, Chinese trade data sent ripples across Asian currencies, painting a complex economic picture.
Closing Bell 7th August – ASX drifts lower in quiet session
The ASX has a quiet day due to the Sydney bank holiday with volumes thinner than usual.
