Paladin Energy Shares (ASX: PDN) Make Fresh 52-Week Low
Paladin Energy’s share price (ASX: PDN) hit fresh 52-week lows today at $4.75, capping off a rather brutal period of selling pressure that stands in contrast to a persistently bullish consensus among market analysts. The stock closed the day $4.81, marking a 5.68% decline for the day and a multi year low. The recent pain…
What to Expect from RBA Meeting April 1
Central bank monetary policy meetings are pivotal events in the financial calendar, capable of sending ripples across global markets. The upcoming Reserve Bank of Australia (RBA) meeting scheduled over March 31st and culminating in an announcement on April 1st, 2025, holds particular interest, not just for its potential impact on the Australian economy and the…
ASX 200 Flirts with 8,000 Mark Amidst Market Instability
Australia’s benchmark ASX 200 Index (XJO) staged a tentative recovery this week, momentarily moving above the psychologically significant 8,000-point level to end the week before settling into the close at 7,982 for a 0.16% gain on the day, and 0.64% up on the week. The recent gains do little to dispel the clouds of recent…
ANZ Group Shares (ASX: ANZ) Return Neutral on Year
ANZ Group shares (ASX: ANZ) paint a mixed picture, as the 3.18% loss of today brings the price back to where it began 2025. Neutral on the year is not all bad, with ANZ navigating the Australian banking landscape better than it’s peers over the same period. CBA, (-3.22%), NAB (-9.3%), and Westpac (-4.1%) are…
Can Commonwealth Bank Shares (ASX: CBA) Rally From Here?
Commonwealth Bank of Australia (ASX: CBA), the nation’s largest bank, is currently in the midst of a dip in sentiment, with the CBA share price down more than 12.5% from the highs set just last month. As another trading week draws to a close, the stock is trading at A$145.60, down mildly (0.23%) on the…
Rio Tinto Shares (ASX: RIO) Move Red YTD, What is Driving Price?
Rio Tinto shares (ASX:RIO) have fallen behind on the year today, with a 1% decline on the day bringing the stock to a close at $117.50. Holders have been treading water so far this year, with a 0.60% decline leaving shares close to where they started in 2025. The share price has also been trading…
A-VIX Index (XVI) Up 42% YTD as Markets Continue Downward
Australian markets continued to come under pressure today, as the ASX200 hit new lows of the year in dropping 1.32%, down at 7,786.20. Sentiment has firmly shifted, with the major index down 5% YTD, impacted by the U.S. decision to levy a 25% tariff on Australian steel and aluminium exports. The decision by President Trump…
Safeguarding Your Assets: ATFX’s Commitment to Trust and Security
A prominent global exchange recently experienced a high-profile cyberattack, leading to a staggering loss of $1.46 billion in digital assets. The breach occurred as attackers leveraged sophisticated techniques to exploit vulnerabilities within the cold wallet infrastructure—a stark reminder of the growing risks facing the digital financial realm. As cyber threats escalate, it is imperative for…
Rio Tinto Shares Gain as Goldman Sachs Add To Conviction List, Shipments Resume
Rio Tinto’s share price (ASX: RIO) gained 3.56% today, bringing the stock close to neutral on a year-to-date basis, following the resumption of shipments from one of its key facilities in Western Australia. This development was positively received by the market, with the inclusion of the stock in Goldman Sachs’ European Conviction List another notable…
Macquarie Group Appoints David Chang as Head of Wealth Distribution in Asia
Macquarie Group Ltd (ASX: MQG) has announced the appointment of David Chang as the Head of Wealth Distribution in Asia, effective March 2, 2025. The move is part of Macquarie’s strategy to strengthen its presence in the Asian market and enhance its distribution capabilities across the region. David Chang brings extensive experience and expertise to…