Investor Signposts: Week Beginning 29 June 2020
Australia: A new financial year commences The 2020/21 financial year commences mid-week with a slew of ‘tier-1’ data releases, including figures on home prices, building approvals, international trade, job vacancies, retail trade and purchasing manager indexes. The week kicks off on Monday when the Bureau of Statistics (ABS) releases its latest weekly “Household Impacts of…
Three investing mindset errors that could be costing you money
In light of recent market volatility, we look at three mistakes investors commonly make that could be losing them money and suggest how to overcome them. The last few months have proven a tough time for most investors with market volatility continuing to wreak havoc in investment portfolios. In this article we examine three investing…
An Exclusive Interview with the CEO of Centrum Markets
This week we had the pleasure of sitting down with Chris Theodorou – CEO of Centrum Markets, a fast-growing and fully Regulated STP Forex Broker and discuss the company, what led to its success, and its plans for the future. 1. What is the reason behind Centrum Markets creation, and what is your mission? Well,…
Travel exports hit 6½-year low
Travel exports hit 6½-year low; Record exports to US & China; Home building stimulus boost International trade; Government stimulus Foreign trade: The trade surplus eased to $8.8 billion in April (consensus: $7.5 billion surplus) from a record high of $10.4 billion in March (previously: $10.602 billion). The rolling annual surplus was a record high $76.1…
Oil prices up on production quota expectations
The market is reacting favourably to expectations OPEC + will extend its May/June agreed-upon production quotas for further two months at its upcoming virtual meeting. The short extension of the deepest initial phase of the production cut agreement maintains a reduction at 9.7 mb/d will assure markets rebalance in Q2 and simultaneously boost oil prices….
Agriculture a cyclical investment opportunity
Agriculture as a sector is largely uncorrelated to, and unaffected by, COVID-19. There have been other pressures, notably the severe drought on Australia’s east coast. As many companies started to feel the impact of the drought, the share prices fell to levels well below our assessment of fair value. For cyclical sectors, such as agriculture,…
Thinking straight in a troubled economy
As markets rally in the face of deep uncertainty, while central banks prop up asset values in the name of maintaining liquidity, straight thinking has become rarer than ever. Fortunately, there are still attractive investments for those willing to stay disciplined and seek out enduring value. ‘Think straight, talk straight’: the motto of Arthur Andersen….
Aussie dollar holds above 0.64 cents as markets eye RBA decision
Aussie dollar holds above 0.64 cents as markets eye RBA decision The market took a decent shot at the downside overnight and failed to make any progress. Now we have a market that is likely bit short AUD (AUDJPY) going into RBA, and there is a risk of a squeeze higher. Oil prices have stabilised…
5 dividends questions answered
Q1: What’s likely to happen to company dividends post the onset of COVID-19? Dividends are the cashflows that a company elects to pay out to its shareholders as a reward for holding the shares over time. We hope that if they are good, growing businesses, companies can pay from their profits. They can also dispose…
CommSec Daily Report Wednesday
Latest news While Aussie shares are losing ground for a third day, the ASX 200 is down by just 0.8 per cent, bouncing off a low of 2.3 per cent earlier this morning. The market has shed close to 6 per cent so far this week partly on volatile oil prices and sluggish economic data….
