China’s zero-COVID approach and your wallet
China’s oil imports remain low as COVID-19 restricts internal movements. Daily imports in July are hovering around a 47-month low. As the world’s oil markets remain tight and inflation is running rampant, China’s reopening deferrals are going a long way toward turning an inflation tsunami into something a little more manageable. Oil price backdrop Oil…
Good times for the banks roll on
Unemployment is currently at record lows. The RBA is raising rates very quickly relative to the past. A robust customer credit quality position due to high employment and higher margins are painting a rosy picture for the financial sector. The big four The Australian finance sector is denominated by the ‘big four’ banks: the Commonwealth…
The balancing act of luxury spend
Unemployment is at record lows and inflation is at record highs Credit growth is outstripping wage growth What is the outlook for these three luxury spend ASX companies? Net earnings revisions have slipped into the negative for July, but Australian companies are holding up relatively well in the face of record inflation and a tight…
The Aussie Dollar Outlook
The US dollar has taken most of the recent headlines as an investor haven in uncertain times Meanwhile, Australia has experienced record resource demand and prices The Australian dollar is a compelling alternative to international investors seeking return and security The closely followed Reserve Bank of Australia (RBA) interest rate decision on Tuesday resulted in…
The finely balanced global economy
US Dollar softens on weaker outlook Robust demand and low unemployment continue to shield economies With global economies so finely balanced, in which direction will the pendulum swing next? US Dollar softening The US dollar has fallen back from its highs in recent weeks. Moderation in the US economic outlook is causing the market to…
The energy emergency
Pressure signs International commodity market prices are still attracting high bids. As a result, there are signs that governments, businesses, and consumers are feeling the pressure and will not be able to sustain these levels for much longer. Headline oil markets The oil market supply lines are tight if the outright price is trending sideways….
US tech sector reports its earnings what impact will it have on the Australian tech sector?
US Tech earnings season for Q2 2022 kicks off this week We await the financial year 2022 earnings from the Australian tech sector US tech stock earnings will provide guidance on the multi-billion-dollar Australian tech sector US tech giants Q2 2022 earnings announcement timings: Apple Inc NASDAQ:AAPL (AAPL) 28th July after market hours. Microsoft Corp…
Winds from afar buffer Australian stocks
After a slow start to the week things will start to heat up in the financial markets What are some of the events to look out for in the stock market? Which Australian stocks are starting the week on the right foot? A trickle becomes a flood The week gets off to a slow start…
High inflation hits Australia but the lights stay on and the global economy wheels keep spinning
The S&P/ASX200 is down 11% year to date Three Australian stocks that have defied the trend Outlook for these three big stock market winners Few would have been able to pick the best stocks to invest in Australia in 2022 would have been coal mining companies. The three stocks shown below have turned out to…
Australia’s three biggest winners of 2022, the best stocks to invest in.
The S&P/ASX200 is down 11% year to date Three Australian stocks that have defied the trend Outlook for these three big stock market winners Few would have been able to pick the best stocks to invest in Australia in 2022 would have been coal mining companies. The three stocks shown below have turned out to…
