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Wall St was smashed again on Friday as investors fled equities amid concerns over Trump's latest tariff implications on the US economy. The Dow Jones tumbled 5.5%, the S&P500 lost 5.97% and the tech-heavy Nasdaq plunged 5.8%. China's commerce ministry said on Friday that it will impose a 34% levy on all US products without negotiation with President Trump, while tech and other stocks with exposure to China also tumbled as investors brace for impact on such company's sales, financials and growth outlook.In Europe on Friday, markets in the region closed sharply lower as investors digested Trump's liberation day tariffs and after China retaliated with tariffs on the US. The STOXX 600 fell 5%, Germany's DAX fell 4.7%, the French CAC lost 4.3% and, in the UK, the FTSE100 ended the day down just shy of 5%.Across the Asia region to end the week, markets closed lower as the global tariff sell-off extended into the region. China's CSI index fell 0.59%, Japan's Nikkei tumbled over 4%, Hong Kong's Hang Seng declined 1.52% and South Korea's Kospi Index ended the day down 0.76%.The local market tumbled 2.4% on Friday erasing 57b$ from the ASX200 after global markets reacted to Trump's liberation day tariff handouts that were larger and broader than expected.Our market followed the US free-fall on Thursday that saw the Nasdaq tumble 6%, the S&P 500 drop 4.84% and the Dow Jones decline 4%.Stocks with exposure to the US market were heavily sold off as investors fled exposure to cost hikes faced by such companies under the new 10% blanket tariff on all Aussie exports bound for the US.In the wake of global uncertainty, investors are increasingly dumping growth stocks in favour of supermarkets given their defensive nature, lack of exposure to the US and guaranteed earnings no matter the time of economic cycle.Breville Group has been hit hard by the US tariff imposition with the company falling over 11% on Friday and over 6% on Thursday as the company manufactures in China and attributes a large portion of revenues to the US market. Breville has already started moving production out of China, however, will need to assess pricing and strategize to overcome the tariff implications.Growth stocks associated with the AI revolution were also heavily sold off on Friday with NextDC falling over 6% while geolocation tracking app with a high presence in the US, Life 360, fell over 8%.What to watch today:Ahead of Monday's trading session to start the new trading week, the SPI futures are anticipating the ASX will open the day down 4.3% tracking the global sell-off on Friday.On the commodities front this morning it is a sea of red across the commodities space with oil down 3.14% at US$60/barrel, gold is down 0.57% at US$3020/ounce and iron ore is down 1.5% at US$102.64/tonne.The Aussie dollar has weakened against the greenback over the weekend to buy US$60.02, 87.07 Japanese Yen, 46.77 British Pence and NZ$1.08.Trading Ideas:Bell Potter has downgraded the rating on Bellevue Gold (ASX:BGL) from a buy to a hold and have lowered the 12-month price target on the gold producer from $2 to $1.30 per share after Q3 production missed guidance by 30%.And Trading Central has identified a bearish signal on Generation Development Group (ASX:GDG) following the formation of a pattern over a period of 53-days which is roughly the same amount of time the share price may fall from the close of $4.36 to the range of $3.40 to $3.70 according to standard principles of technical analysis.
Wall St closed higher overnight as investors get ready for the rollout of President, Donald Trump's reciprocal tariff plans. The Dow Jones gained over half a percent, the S&P500 rose by 0.67% and the tech-heavy Nasdaq jumped 0.87%.Over in Europe, markets closed lower as traders digest news of Trump's tariff plans. The STOXX600 fell half a percent with most sectors closing Wednesday's trading session in the red. Germany's DAX lost 0.66%, the French CAC dropped 0.22% and over in the UK, the FTSE100 ended the day 0.3% down.Locally yesterday, the ASX200 rose by 0.12% with half of the major sectors closing in the green. Gains were led by the real estate and communication services sectors which rose by 1.63% and 0.8% respectively. This was offset by the materials sector which fell by 1.61% by the closing bell.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.53% at market open this morning.On the commodities front this morning,Oil is trading 0.66% down to 70 US dollars and 65 cents a barrel as Trump's tariff announcement increases uncertainty on oil demand.Gold is trading up 0.47% at 3129 US dollars an ounce and iron ore is trading 0.29% lower at 102 US dollars and 21 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on HUB24 (ASX:HUB), despite reducing its 12-month price target to $78. With a current share price of $68.11, this indicates a share price growth of 14.5% over the next 12-months, hence the buy rating is maintained.And Bell Potter maintains a hold rating on Netwealth Group (ASX:NWL) and has a 12-month price target of $25.80. Bell Potter maintains a hold rating as they see emerging upside risk to flows with longer-term growth already captured and implied in discounted cashflows through their valuation approach. Other providers have delivered impactful new technology enhancements during the last 12-months, limiting the balance of growth and margins, hence the hold rating is maintained.
Wall Street closed Tuesday's session higher in yet another volatile session as traders took advantage of market uncertainty ahead of Trump's tariff handouts on April 2nd US time, and on the back of weaker-than-expected economic data weighing on investor sentiment. The S&P500 rose 0.38%, the Dow Jones added 0.03% and the Nasdaq ended the day up 0.87%. Investor sentiment was also hit by the Institute for Supply Management manufacturing survey coming in lighter than expected and in contraction territory for February, while February's job openings were also slightly below estimates in signs the economy is slowing due to tariff implications on US economic stability.In Europe overnight, markets reversed Monday's losses to close higher as eurozone inflation data for March showed inflation in the region cooled as expected to 2.2% for the month. The STOXX 600 rose 1.07%, Germany's DAX added 1.7%, the French CAC gained 1.1% and, in the UK, the FTSE100 ended the day up 0.61%.Across the Asia markets on Tuesday, markets also rebounded in the region following Monday's sell-off as investors await clarity on Trump's incoming tariffs, Japan's Nikkei rose 0.11%, South Korea's Kospi Index added 1.62%, Hong Kong's Hang Seng gained 0.38% and China's CSI index ended the day flat.The local market started the trading week mixed with the third-worst session of 2025 posted on Monday followed by a recovery on Tuesday with the key index ending Tuesday's session up 1%.The RBA also held the nation's cash rate at 4.1% for the next period to assess the unfolding trade situation with the US and to ensure inflation in Australia remains on track in the target range of 2-3%.Elsewhere in the economic data space, Australia's latest retail sales figures for February were released yesterday coming in at a rise of 0.2% for February which fell short of economists' expectations and is a positive reading for Australia's inflation journey easing as consumer spend is a big contributor to inflationary pressures.Investors really are riding the wave of volatility right now ahead of Trump's ‘Liberation Day' reciprocal tariff day in the US on Wednesday the 2nd April whereby it is expected the US President will announce an array of tariffs on countries that he believes have been unfairly taxing US imports for some time.The recent volatility has propelled gold to yet another record high overnight with the price of the commodity touching US$3145/ounce as investors flock to the safe-haven asset during times of high uncertainty.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.35% tracking Wall Street's rally overnight.On the commodities front this morning, oil is trading 0.33% lower at US$71.25/barrel, gold is down 0.24% at US$3112/ounce and iron ore is up 0.08% at US$102.51/tonne.The Aussie dollar has slightly strengthened against the greenback overnight to buy US$0.62, 93.70 Japanese Yen, 48.44 British pence and NZ$1.10 cents.Trading Ideas:Bell Potter has downgraded Opthea (ASX:OPT) to a sell rating from a buy rating and have dropped the 12-month price target on the company to 5cps following the release of Phase 3 trial results that failed to show any benefit in improving visual acuity when combined with either Eylea or Lucentis across both primary and key secondary endpoints.And Bell Potter has raised the 12-month price target on Aristocrat Leisure (ASX:ALL) from $83 to $85 and maintain a buy rating on the hotels and gaming company after the company's Phoenix Link has grown to 750 units in the EK database after just 4-months with performance strong at 2.5x floor average although trending down. The analyst expects operating momentum in FY25 to accelerate, particularly in Gaming Operations.
The world's largest market, the US, started the new trading week mostly in the green despite investors remaining nervous about ‘liberation day' on April 2nd whereby it is expected President Donald Trump will announce an array of reciprocal tariffs on countries he believes have been tough on the US in terms of tariffs and trade in recent years. The Dow Jones rose 1%, the S&P500 added 0.55% and the tech-heavy Nasdaq ended the day down 0.14%.In Europe overnight the sea of red extended into the new trading week across the region as investors brace for reciprocal tariffs out of the US on 2nd April. The STOXX600 fell 1.51% to post the first losing month on the index for 2025. Germany's DAX lost 1.33%, the French CAC fell 1.58% and, in the UK, the FTSE100 ended the day down 0.88%.Across the APAC region on Monday, markets also closed lower on Monday ahead of Trump's second round of tariffs to be announced. Japan's Nikkei plunged 4.05%, China's CSI index lost 0.71%, Hong Kong's Hang Seng fell 1.09% and South Korea's Kospi index ended the day down 3%.South Korea and Japan are expected to bear much of the brunt of Trump's newly introduced 25% automotive tariff with these regions ranking 2nd and 3rd among the countries with the highest automotive trade with the US.Locally to start the week the ASX200 plunged into the red with a 1.7% decline at the closing bell to mark the 3rd worst trading session of the year, as global market sentiment remains uneasy amid escalated tariff, trade war and subdued economic global growth concerns.The iron ore mining giants were sold off on Monday as the outlook for exports remains murky, especially to our largest trade partner, China. BHP, Rio and Champion Iron each fell over 3%, over 4% and over 5% respectively to start the new trading week lower.Domain shares fell almost 2% on Monday after the board unanimously recommended a takeover bid from US real estate company CoStar to shareholders. Shareholders were seemingly unimpressed which led to the sell-off yesterday.What to watch today:Ahead of Tuesday's trading session the ASX, the SPI futures are anticipating the market will open the day up 0.85% tracking Wall Street's gains overnight.The all-important RBA interest rate meeting is today with the market expecting Australia's central bank to hold the current cash rate at 4.1% for the next period.On the commodities front this morning, oil is trading 2.85% higher at US$71.34/barrel, gold is 1.3% higher at US$3124/ounce and iron ore is up 0.07% at US$102.43/tonne.The Aussie dollar has weakened against the greenback overnight to buy US$0.62, 93.67 Japanese Yen, 48.22 British Pence and NZ$1.10.Trading Ideas:Bell Potter has slightly reduced the 12-month price target on Light & Wonder (ASX:LNW) from $205 to $197 and maintain a buy rating on the leading global cross-platform games operator after Aristocrat Leisure escalated its legal fight against Light and Wonder with a second amended complaint around LNW's Jewel of the Dragon game.And Trading Central has identified a bearish signal on Cochlear (ASX:COH) following the formation of a pattern over a period of 23-days which is roughly the same amount of time the share price may fall from the close of $262.30 to the range of $246 to $250 according to standard principles of technical analysis.
Wall Street closed lower on Friday as hotter-than-expected personal spending inflation data and US trade policy uncertainty dampened investor sentiment. The Dow Jones fell 1.7% on Friday, the S&P 500 lost 1.97% and the tech heavy Nasdaq ended the day down 2.7%.On Friday U.S. core personal consumption expenditures price index came in hotter-than-expected for February with a rise of 2.8% and 0.4% MoM indicating persistent inflation across consumer spending.Over in Europe on Friday, markets in the region closed lower as global market sentiment declines on trade and tariff uncertainty. The STOXX 600 fell 0.77%, Germany's DAX and the French CAC each lost 1%, and, in the UK, the FTSE100 ended the day flat.Across Asia on Friday, Trump tariff threats continue to keep investors on edge in the region which led to a negative day across the board on Friday. Japan's Nikkei lost 1.8%, South Korea's Kospi index ended the day down 1.9%, Hong Kong's Hang Seng fell 0.65% and China's CSI index ended the day down 0.44%.Locally to end the week the ASX edged 0.2% higher to end a volatile trading week as Trump's tariffs cloud economic outlook on a global scale. Despite the turbulence, the ASX200 posted a 0.6% gain for the trading week last week as a 2.55% rally for the financial sector and 2% gain among energy stocks offset weakness among the rate sensitive sectors of REIT and Tech stocks.Packaging group Orora took the biggest hit on Friday with an 8% decline after the French Competition Authority announced a review into industry-wide anticompetitive practices, which includes into Saverglass, a European bottle maker that Orora acquired in 2023.Paladin Energy fell a further 4.1% on Friday after the uranium producer retracted its 2025 production guidance due to unseasonably heavy rainfall in Namibia in recent times, which is where Paladin's Langer Heinrich mine is located.What to watch today:Ahead of Monday's trading session here in Australia, the SPI futures are anticipating the ASX will open the day down 1.13%.On the commodities front this morning oil is trading 0.8% lower at US$69.36/barrel, gold is up 0.94% at US$3084.35/ounce and iron ore is up 0.07% at US$102.43/tonne.The Aussie dollar has weakened against the greenback to buy 62.80 US cents, 94.27 Japanese Yen, 49.03 British Pence, and NZ$1.11.Trading Ideas:Bell Potter has decreased the 12-month price target on Pro Medicus (ASX:PME) from $330/share to $280/share and maintain a buy rating on the leading medical imaging company after Bell Potter's analyst completed a review into the timing of new contract installations and their subsequent impacts on revenue over the coming years. The downgrade in PT is due to downgrades in FY25 and FY26 EPS expectations from the analyst following the review into the contract installations.And Trading Central has identified a bullish signal on Telstra Group (ASX:TLS) following the formation of a pattern over a period of 17-days which is roughly the same amount of time the share price may rise from the close of $4.23 to the range of $4.31 to $4.35 according to standard principles of technical analysis.
Wall St closed lower overnight as Donald Trump announced a new 25% tariff on auto imports into the United States. The Dow Jones fell 0.31%, the S&P 500 lost 1.12% and the tech-heavy Nasdaq dropped by over 2%.In terms of US stocks, Meta Platforms and Amazon lost more than 2%, Alphabet closed more than 3% lower and Tesla closed nearly 6% in the red.Over in Europe, markets closed lower as investors react to new tariffs implemented over in the US. The STOXX600 dropped 0.7%, led by autos which fell by 2.6%. Germany's DAX lowered 1.17%, the French CAC closed nearly 1% lower, whilst over in the UK, the FTSE100 rose by 0.3%.Locally yesterday, the ASX200 rose by 0.71% with all but one major sector closing in the green. Gains were led by the consumer staples and real estate sectors which rose by 1.19% and 1.15% respectively. This was offset by the health sector which fell by over half a percent by the closing bell.Monthly inflation data was released yesterday coming in at 2.4% for February. This was lower than consensus of 2.5% and the forecast of 2.6%. The CPI falling is a good thing for the RBA's outlook for rate cuts to come as inflation drivers are all moving in the right direction – wages price inflation came down, GDP uptick, retail sales easing and the unemployment rate ticked back up to 4.1% which is favourable for the rate cut journey.What to watch today:The Australian share market is set to open lower with the SPI futures suggesting a fall of 0.46% at market open this morning.On the commodities front this morning,Oil is trading 1.36% higher at 69 US dollars and 94 cents a barrel, as investors increase concerns over tight oil supply.Gold fell by just 0.04% to 3019 US dollars an ounce and iron ore is trading 0.03% lower at 102 US dollars and 18 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Whitehaven Coal (ASX:WHC) and has a 12-month price target of $7.70. The buy rating is maintained by Bell Potter as their balance sheet will significantly de-risk with the Blackwater selldown completion in late March 2025. As well, further productivity enhancements across WHC's Queensland portfolio should support higher production, hence the buy rating is maintained.Trading Central has identified a bullish signal on Perseus Mining (ASX:PRU), indicating that the stock price may rise from the close of $3.23 to the range of $3.53-$3.61, on a pattern formed over 8 days, according to the standard principles of technical analysis.
Wall St closed higher overnight for its third straight session on higher hopes of softer US tariffs. The Dow Jones rose slightly by 0.01%, the S&P 500 jumped 0.16% and the tech-heavy Nasdaq gained 0.46%.Europe followed the US and closed higher with the STOXX600 rising 0.67%, with all major sectors closing in positive territory. Germany's DAX climbed 1.13%, the French CAC gained 1.08% and over in the UK, the FTSE100 ended Tuesday's session 0.3% in the green.Locally yesterday, the market has continued with the same volatility we've seen over the past few weeks with the ASX200 rising by 0.07%. Gains were led by the information technology and health sectors which rose by 1.87% and 0.98%. This was slightly offset by the consumer staples sector which fell by 0.86% by market close.Australia's Federal budget for 2025-2026 was handed down last night but should pose little impact on the market movements today as much of the government spend updates were pre-announced. However, the one key highlight was that the budget deficit is expected to widen to $42.1bn, or 1.5% of GDP in 2025-2026. The key inclusions were the $150 energy bill relief for all Australians to help with cost of living pressures, an $8.5bn boost to Medicare, $1bn in military spend which has been brought forward with the total defence spend at $10.6bn over the next 4-years, and states and territories will also be offered almost $50m in funding to grow local housing industries amid the housing crisis currently operating in Australia.What to watch locally today,The Australian share market is set to open higher with the SPI futures set to rise by 0.59% at market open this morning.On the commodities front this morning, oil is trading 0.12% higher at 69 US dollars and 19 cents a barrel, gold is trading 0.28% higher at 3018 US dollars an ounce and iron ore is trading 0.21% higher at 102 US dollars and 21 cents a tonne.Trading Ideas: Bell Potter maintains a buy rating on Gold Road Resources (ASX:GOR), with a 12-month price target of $3.20. With a current share price of $2.79, this indicates a share price growth of 14.7% over the next 12-months, hence the buy rating is maintained.And Trading Central has identified a bullish signal on Tabcorp Holdings (ASX:TAH), indicating that the share price may rise form the close of $0.62 to the range $0.73-$0.75, on a pattern formed over 18 days, according to the standard principles of technical analysis.
Wall Street started the new trading week higher across the key indices as investors remain optimistic that President Donald Trump may hold back from implementing some of his tariff plans that could lead to an escalated trade war and economic slowdown in the US. The Dow Jones rose 1.42% on Monday, the S&P500 climbed 1.76% and the tech-heavy Nasdaq ended the day up 2.27%.Across the European markets on Monday, markets in the region closed slightly lower as investor optimism around Trump easing tariffs faded. The STOXX 600 fell 0.13%, Germany's DAX lost 0.17%, the French CAC dropped 0.26% and, in the UK, the FTSE100 ended the day down 0.1%.Asia markets closed Monday's session mixed as Trump's reciprocal tariff deadline of April 2 draws closer. South Korea's Kospi Index lost 0.42%, and Japan's Nikkei fell 0.18%, while Hong Kong's Hang Seng rose 0.91% and China's CSI index rose 0.51%.Locally to start the week, the ASX200 seesawed between positive and negative before ending the day just 0.07% higher as a banking rally offset heavy losses among staples, tech and industrials stocks.Investors took some profits from the supermarket giants yesterday following a strong rally for both Coles and Woolworths on Friday amid the lack of evidence of price gauging found by the ACCC in their investigation.Synlait Milk shares tumbled over 8% on Monday after the milk producers' latest results failed to impress investors despite the NZ-based company reporting a swing to profitability with a 105% increase in NPAT to $4.8m.And global building materials and fibre cement company James Hardie Industries weighed on the market gains yesterday following the company announcing it has entered into an agreement to acquire US-based AZEK which is a leader in providing high-performance, low-maintenance building products and solutions. Investors fled the stock upon release of the announcement as the deal is valued $14bn, which is an expensive multiple to pay, around 23 x EBITDA compared to JHX current multiple of 12x.What to watch today:Ahead of Tuesday's trading session in Australia the SPI futures are anticipating the ASX will open the day up 0.45% tracking Wall Street's gains overnight.On the commodities front this morning oil is trading 1.25% higher at US$69.13/barrel, gold is down 0.4% at US$3011.82/ounce and iron ore is down 0.15% at US$102/tonne.The Aussie dollar has further strengthened against the greenback to buy US$0.62, 94.72 Japanese Yen, 48.62 British Pence, and NZ$1.09.Trading Ideas:Bell Potter has increased the rating on Catalyst Metals (ASX:CYL) from a hold to a buy and have raised the 12-month price target on the gold production and development company from $4.45 to $5.50 following the company's announcement of the sale of its non-core Henty Gold Mine to Kaiser Reed to simplify the business, enable greater focus on the expansion and exploration of the flag ship Plutonic Gold Operation and adding a clow cost and rapid option to unlock value at the Bendigo Project.And Trading Central has identified a bearish signal on ARB Corporation (ASX:ARB) following the formation of a pattern over a period of 8-days which is roughly the same amount of time the share price may fall from the close of $34.00 to the range of $26.25 to $27.50 according to standard principles of technical analysis.
Wall St closed a turbulent week higher on Friday as Trump, once again, signalled there would be some ‘flexibility' with tariffs, however, he did maintain that the tariffs implemented at the April 2 deadline will be reciprocal, saying all countries that have tariffs on US goods will be taxed. The Nasdaq rose 0.2%, the Dow Jones added just 0.08%, and the S&P500 also ended the day up 0.08%. Companies are increasingly confused over the tariff implications in the US and as a result as uncertain about spend, hiring and forecasting until there is more clarity around tariff implications.In Europe on Friday, markets in the region closed lower led by travel stocks tumbling amid London's Heathrow Airport closure due to a fire on Friday. The STOXX 600, French CAC and the UK's FTSE100 ended the day down 0.6%, while Germany's DAX ended the day down 0.5%.Across Asia markets on Friday, stocks mostly fell in the region due to ongoing uncertainty around the US economy and tariff implications. Hong Kong's Hang Seng fell 2.19%, China's CSI index fell 1.52%, South Korea's Kospi index ended the day up 0.23%, and Japan's Nikkei ended the day down 0.2%.Locally on Friday, the ASX200 rose 0.17% despite Wall Street's turbulence on Thursday as market heavyweights propelled the key index to a positive finish. For the week, the ASX200 rose 1.83%Australia's supermarket giants posted strong gains on Friday after the ACCC released its 441-page findings of its ‘price gauging' investigation. Investors welcomed the findings outlining minimal evidence was found of price gauging and no disciplinary action would be taken against the two key providers in Coles and Woolworths.What to watch today:Ahead of Monday's trading session the SPI futures are anticipating the ASX will open the new trading week down 0.51%.Commodity prices took a hit late in the week last week which weighed on the local materials sector as China's property market remains depreciated, and Trump's tariffs continue hurting demand for critical metals like copper.On the commodities front this morning, oil is trading 0.31% higher at US$68.28/barrel, gold is down 0.75% at US$3023.65/ounce and iron ore is down 0.15% at US$102/tonne.The Aussie dollar has slightly weakened against the greenback to buy US$0.62 cents, 93.69 Japanese Yen, 48.55 British Pence and NZ$1.09.Trading Ideas:Bell Potter has initiated coverage of Cuscal (ASX:CCL) with a buy rating and a 12-month price target of $3.40 on the payments and regulated data service provider. Bell Potter's analyst sees compound gross revenue growth of 17.7% pa driven primarily by growth in transaction revenue across all core competencies and client wins. The company also has demonstrated a track record of innovation, investment and timing with launching milestone connectivity for all mobile payments and acquiring Basiq in 2024 to expand its market presence and offering.And Trading Central has identified a bullish signal on Regis Healthcare (ASX:REG) following the formation of a pattern over a period of 109-days which is roughly the same amount of time the share price may rise from the close of $6.72 to the range of $7.50 to $7.70 according to standard principles of technical analysis.
Wall Street slipped into the red again on Tuesday with the S&P500 fighting to stay out of correction territory as it trades 8.6% below its recent record, as investors remain concerned over the impacts Trump's tariffs will have on the US economy. The Dow Jones lost 0.62%, the S&P500 shed 1.07% and the tech-heavy Nasdaq ended the day down 1.71%. Tesla shares have been hit hard lately and took a further 5% tumble on Tuesday after RBC Capital Markets lowered its price target on the EV company citing rising competition in the EV space.Over in Europe on Tuesday, markets in the region closed higher as investors assessed momentum in Germany's historic debt reform deal, which unlocks a major stimulus package for higher defence, infrastructure and climate fund spending. The STOXX 600 rose 0.61%, Germany's DAX added 1.03%, the French CAC gained 0.5% and, in the UK, the FTSE100 ended the day up 0.29%.Across the APAC region overnight Hong Kong's Hang Seng rallied again to a three-year high yesterday, ending the day up 2.29% as investors continue piling into tech stocks listed on the index following fresh stimulus and strong economic data out in the region. China's CSI index rose 0.27%, Japan's Nikkei gained 1.2% and South Korea's Kospi Index ended the day up 0.06%.Locally, the ASX started the week higher before pulling back yesterday as the local market is taking strong lead from Wall Street movements amid global uncertainty over Trump's tariffs and subsequent implications of taxes imposed on good being imported into the US. Rising geopolitical tensions in the form of Israel launching a wave of airstrikes across the Gaza Strip on Tuesday propelled the price of gold to another fresh record high as investors flock into the safe-haven asset in times of great uncertainty.Defensive stocks in the utilities, consumer staples and healthcare sectors all outperformed yesterday, for a similar reason to gold's rally, as investors look for investments that are mostly unaffected by a downturn in the economy.On that note, Woolworths shares jumped over 1% yesterday after Macquarie upgraded the supermarket to an outperform rating, while former Woolworths alcohol arm, Endeavour slipped 1.6% yesterday after Goldman Sachs downgraded the alcohol retailer to neutral.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day down 0.66% tracking Wall Street's turbulence overnight.On the commodities front this morning, oil is trading 0.94% lower at US$66.95/barrel, gold is up 1.10% to a fresh record US$3032.60/ounce, and iron ore is down 0.52% at US$102.32/tonne.The Aussie dollar has further strengthened against the greenback overnight to buy US$0.63, 94.99 Japanese Yen, 49.15 British Pence and 1 NZ$1.09 cents.Trading Ideas:Bell Potter has decreased the 12-month price target on REA Group (ASX:REA) from $281 to $264 and maintain a buy rating on the leading online real estate listings platform following the release of February property data including a national listings declining 8% YoY for the month. REA also guided to ‘flat-to-marginal' increase in FY25 listings amid a slow housing market in Australia at present.
Wall St closed higher to start the trading week, posting back to back session gains following recent tariff policy news which has softened the market. The Dow Jones rose by 0.85%, the S&P500 jumped 0.65% and the tech-heavy Nasdaq rallied by 0.31%.Over in Europe, markets followed the US and closed higher to start the trading week on a positive note. The STOXX600 closed 0.79% higher with all but one major sector closing in the green. Germany's DAX jumped 0.73%, the French CAC climbed 0.56% and over in the UK, the FTSE100 ended Monday's trading session 0.73% in the green.Locally yesterday, the Australian share market rose by 0.83% with the majority of sectors closing in the green. Gains were led by the materials and energy sectors which rose by 1.97% and 1.72% respectively. This was offset by the health sector which fell by 0.27% by market close.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.67% at market open this morning.On the commodities front this morning,Oil is trading 0.45% higher at 67 US dollars and 48 cents a barrel, gold is trading 0.6% higher at 3001 US dollars an ounce and iron ore is trading 0.68% higher at 102 US dollars and 85 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Nufarm Ltd (ASX:NUF) with a 12-month price target of $4.75. With a current share price of $3.84, this indicates a share price growth of 23.7% over the next 12-months, hence the buy rating is maintained.And Trading Central has identified a bullish signal on Nick Scali (ASX:NCK), indicating that the stock price may rise from the close of $15.69 to the range of $19.20-$20, on a pattern formed over 26 days according to the standard principles of technical analysis.
What a week it was on markets last week as Trump tariffs and global trade war concerns spread fear throughout global markets leading to a mass sell off in equities and the price of safe-haven gold topping US$3000/ounce for the first time ever.Wall Street reversed some of last week's losses to close higher across the key indices on Friday as news out of the Whitehouse around tariffs eased on Friday which prompted investors to reconsider buying into equities following days of sharp selloffs. The Dow Jones rose 1.65% on Friday, the S&P500 added 2.13% and the Nasdaq ended the day up 2.61%. The see-saw of tariffs being on, and off Trump's policy front has spooked markets over the last week as investors shift portfolios into safe-haven assets to manage the current high volatility among equities and global markets.In Europe on Friday markets closed higher after German lawmakers came closer to agreeing on reforming the country's debt-brake rule. The STOXX 600 rose 1.14%, Germany's DAX climbed 1.65%, the French CAC added 1.05%, and, in the UK, the FTSE100 ended the day up 1.13%.Across the APAC region last week, markets mostly rose on Friday despite Wall Street's tumble on Thursday. Japan's Nikkei rose 0.72%, Hong Kong's Hang Seng added 2.12%, China's CSI index gained 2.43% but South Korea's Kospi Index ended the day down 0.28%.Locally on Friday the ASX200 recovered some ground with a 0.52% rise at the closing bell, but the key index posted a 2% fall for the week last week. Rate sensitive sectors of tech and consumer discretionary took the biggest hits last week as consumers fear inflation in the U.S. and locally can rebound as a result of Trump's tariffs.What to watch locally today:Ahead of Monday's trading session on the ASX, the SPI futures are anticipating the local market will open the new trading week up 1.09% tracking Wall Street's rise on Friday.On the commodities front this morning oil is up 0.95% at US$67.18/barrel, gold is up 2.47% at US$2983/ounce and iron ore is up 0.7% at US$102.85/tonne.The Aussie dollar has slightly strengthened to buy US$0.63, 94.10 Japanese Yen, 48.64 British Pence and NZ$1.10.Trading Ideas:Bell Potter has initiated coverage of Seek (ASX:SEK) with a buy rating and a 12-month price target of $27.00 with the view that the company's market leading portfolio is centralised for scaling. Seek is the largest marketplace in Australia for job advertisements and the analyst can see potential ad volumes increasing as macro tailwinds are driven by the RBA's cutting cycle.And Trading Central has identified a bearish signal on South32 (ASX:S32) following the formation of a pattern over a period of 70-days which is roughly the same amount of time the share price may fall from the close of $3.53 to the range of $2.96 to $3.06 according to standard principles of technical analysis.
Today's returning guest for an unprecedented fifth time is the founder of We Are Unchained, a strategic marketing consultancy that helps businesses grow faster by enhancing their market insight, strategy, activity, and talent.Over his 8 years experience in the estate agency industry, he has worked with Countrywide, Fine & Country, Keller Williams, and Knight Frank.He's also a mentor at Agents Together, Propertymark Trust Ambassador and Fractional CMO for Lemon and Lime Interiors.With over 30 years of marketing experience across multiple sectors, from startups to FTSE100, he has turned failing marketing teams around, and educated hundreds of people on the science and art of marketing.His mission is to make quality strategic marketing and practical advice accessible to every business, whether they need a virtual CMO, a one-to-one mentor, or a marketing trainer.In this episode, we discuss the third and final edition of the results from part one of the Voice of The Agent 2025, covering topics such as marketing, Net Promoter Score, lead sources and the portals. If you've not already read part one of the report, please do contact me for a copy of it and I will happily share it with you.You can also message me if you are interested in completing part two of the survey and sharing your voice to help shape the industry.Any insights shared will help define the future of the UK property market.
Wall St closed mixed overnight following the release of a softer than expected inflation report. The Dow Jones fell by 0.2%, the S&P 500 rose by nearly half a percent and the tech-heavy Nasdaq jumped 1.22%.Core inflation data month was released overnight coming in at 0.2%, lower than the consensus and forecast of 0.3% and its previous result of 0.4%.Over in Europe, markets closed higher despite the announcement by the European Union of an introduction of tariffs on a variety of US imports. The STOXX600 rose by 0.81%, Germany's DAX climbed 1.56%, the French CAC rallied 0.59% and over in the UK, the FTSE100 ended Wednesday's trading session higher by 0.53%.Locally yesterday, the ASX200 fell by 1.32% with all but one major sector closing in the red. Losses were led by the consumer discretionary and industrial sectors which lost 2.02% and 1.88% respectively. This was slightly offset by the utilities sector which rose by just 0.02%.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.23% at market open this morning.On the commodities front this morning,Oil is trading 2.17% higher at 67 US dollars and 69 cents a barrel as easing inflation boosted market sentiment.Gold is trading 0.62% higher at 2933 US dollars an ounce and iron ore is trading 0.06% higher at 101 US dollars and 5 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Alkane Resources (ASX:ALK) with a 12-month price target of $1.20. With a current share price of $0.59, this indicates a share price growth greater than 100%, hence the buy rating is maintained.And Bell Potter also maintains a buy rating on Elders (ASX:ELD) with a 12-month price target of $9.40. At a current share price of $6.91, this indicates a share price growth of 36% over the next 12-months, hence the buy rating is maintained.
Wall St closed lower overnight as the Dow Jones loses more than 450 points. The S&P 500 dropped 0.75%, the tech-heavy Nasdaq lost 0.18% and the Dow Jones fell by over 1%.The S&P 500 was in the green at one point of the trading session until Donald Trump declared that Canadian steel and aluminum duties would double from 25% to 50%.Over in Europe, markets followed the US and closed lower as trade tensions between the US and Canada escalate. The STOXX600 fell by 1.7%, led by autos which fell by 2.13%. Germany's DAX closed 1.29% lower, the French CAC lost 1.31% down and over in the UK, the FTSE100 ended Tuesday's trading session 1.21% in the red.Locally yesterday, the ASX200 fell by 0.91% with the majority of sectors closing in the red. Losses were led by the information technology and industrial sectors which fell by 3.95% and 1.98% respectively. This was offset by the utilities sector which gained 1.37% by the closing bell.What to watch today:The Australian share market is set to open lower with the SPI futures predicting a fall of 0.95% at market open this morning.On the commodities front this morning,Oil is trading 0.89% higher at 66 US dollars and 62 cents, gold is trading 1.09% higher at 2915 US dollars an ounce and iron ore is trading 0.3% lower at 100 US dollars and 99 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Regal Partners (ASX:RPL) and has a 12-month price target of $5. With a current share price of $2.83, this indicates a share price growth of 76.7%, hence the buy rating is maintained.And Trading Central has identified a bullish signal on AGL Energy (ASX:AGL), indicating that the stock price may rise from the close of $10.13 to the range of $12.20-$12.60, on a pattern formed over 19 days, according to the standard principles of technical analysis.
On Wall Street on Friday markets ended the week higher in what was the worst week the S&P 500 has had since September. The Dow Jones rose over half a percent, the tech-heavy Nasdaq gained 0.71% and the S&P500 jumped 0.56%.A US jobs data report was released on Friday, falling below expectations to 151,000 jobs in February, well below the consensus of 170,000 jobs predicted by economists.Over in Europe, markets closed lower on Friday following investor reactions to tariff implementation over in the US. The STOXX600 fell 0.46%, it's first losing session of the year. Germany's DAX dropped 1.75%, the French CAC lost 0.94% and over in the UK, the FTSE100 closed 0.03% lower.Locally on Friday, the ASX200 closed 1.81% lower with all but one major sector closing in the red. Losses were led by the information technology and real estate sectors which fell by 3.04% and 3% respectively. This was offset by the consumer staples sector which gained 0.35% by the closing bell.What to watch today:The Australian share market is set to open higher, with the SPI futures predicting a rise of 0.87% at market open this morning.On the commodities front this morning,Oil is trading over 1% higher at 67 US dollars and 4 cents a barrel as Donald Trump threatened Russia with sanctions if they fail to reach a ceasefire with Ukraine.Gold is trading slightly higher by 0.04% at 2911 US dollars an ounce and iron ore is trading 0.05% higher at 101 US dollars and 29 cents a tonne.Trading Ideas:Bell Potter maintains a speculative buy rating on Southern Cross Gold Consolidated Ltd (ASX:SX2) with a current share price of $3.60. Bell Potter has set a 12-month price target of $4.80, indicating a share price growth of 33.3%, hence the speculative buy rating is maintained.And Trading Central has identified a bearish signal on Westpac Banking (ASX:WBC), indicating that the stock price may fall from a close of $30.57 to the range of $26-$26.90 on a pattern formed over 109 days, according to the standard principles of technical analysis.
Wall St closed higher overnight following back-to-back losses after an exemption was given to automakers from Donald Trump's tariffs, giving investors hope that more concessions will be made. The Dow Jones rose 1,14%, the S&P500 jumped 1.12% and the tech-heavy Nasdaq closed Wednesday's trading session 1.46% higher.A one-month delay on tariffs were given to automakers whose cars comply with the Unites States-Mexico-Canada agreement. Stellantis rose by 10%, whilst Ford and General Motors both gained 5% and 8% respectively.Over in Europe, markets closed higher as investors have increased optimism that Donald Trump's tariffs could be relaxed. The STOXX600 rose by 0.91% with autos rising by 2.4%. This was offset by the utilities and food and beverage stocks which ended the day in negative territory. Germany's DAX soared 3.38%, the French CAC rallied 1.56% and over in the UK, the FTSE100 fell slightly by 0.04%.Locally yesterday, the ASX200 fell by 0.69% with the vast majority of major sectors closing in the red. Losses were led by the consumer staples and energy sectors which fell 3.56% and 1.68% respectively. This was offset by the utilities sector which rose by 0.11% by market close.GDP growth rate data quarter on quarter was released yesterday coming in at a rise of 0.6%, higher than the consensus of 0.5% and the previous result of 0.3%.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.21% at market open this morning.On the commodities front this morning,Oil is trading 2.72% lower at 66 US dollars 40 cents a barrel as OPEC+ supply increases and continued geopolitical tensions weigh on sentiment.Gold is trading 0.17% higher at 2919 US dollars an ounce and iron ore is trading 0.79% higher at 101 US dollars and 61 cents a tonne.Trading Ideas:Bell Potter maintains a speculative buy rating on Alpha HPA Ltd (ASX:A4N) and has a 12-month share price of $2. With a current share price of $0.87, this indicates a share price growth of 129% over the next 12-months, hence the buy rating is maintained.And Trading Central has identified a bearish signal on Auckland International Airport Ltd (ASX:AIA), indicating that the share price may fall from the close of $7.30 to the range of $6.60-$6.70, on a pattern formed over 7 days, according to the standard principles of technical analysis.
In the US overnight, Wall Street extended its losing run as fresh tariffs came into effect on Tuesday, US time. The Dow Jones fell by 1.55%, the tech-heavy Nasdaq lost 0.35% and the S&P500 ended the day 1.22% lower. Investors fear the global trade will impact the health of the US economy with retaliatory tariffs from China, Canada and Mexico in motion already.Over in Europe, markets closed lower as global investors brace for impact on the ongoing tariff war. The STOXX600 closed over 2.14% in the red, it's biggest daily drop since August last year. Germany's DAX fell 3.54%, the French CAC lost 1.85% and over in the UK, the FTSE100 closed Tuesday's trading session down 3.54%.The local market was sold off broadly yesterday as investor fears of Trump tariff implications spread through the ASX. The key index fell 0.58% as every sector aside from healthcare stocks ended the day in the red, with energy stocks taking the biggest hit with a more than 3% loss.What to watch today:The Australian share market is set to open lower, with the SPI futures suggesting a fall of 0.97% at market open this morning.In terms of economic news, GDP growth rate data will be released for Quarter 4 with a consensus and forecast of a 0.5% increase, 0.2% more than its previous result.On the commodities front this morning, Oil is trading 0.85% lower at 67 US dollars and 75 cents a barrel, gold is trading up 0.82% at 2914 US dollars an ounce and iron ore is trading 5.7% lower at 100 US dollars and 81 cents a tonne following the announcement of new US tariffs on Canada, Mexico and China now taking effect.Trading Ideas:Bell Potter maintains a buy rating on Develop Global (ASX:DVP) and has a 12-month price target of $4. With a current share price of $2.93, this indicates a share price growth of 36.5% over the next 12 months, hence the buy rating is maintained.Trading Central has identified a bearish signal on NAB (ASX:NAB), indicating that the stock price may fall from the close of $35.05 to the range of $28.50-$29.75 on a pattern formed over 8 days, according to the standard principles of technical analysis.
Wall St overturned its recent red run to close higher on Wednesday as investors overlooked concerns around Trump's tariffs and into areas of opportunity in the market. The S&P500 rose 0.01%, only just snapping a 4-day losing streak, while the Nasdaq gained 0.26% and the Dow Jones ended the day up 0.43%. Nvidia's results out overnight boosted the AI-market darling up 3% ahead of the results release after the closing bell. Nvidia's results once again beat expectations with sales growing 78%, revenue coming in at US$39.33bn and EPS rose to US$0.89/share. The outlook is also very strong for revenue of US$43bn in Q1 as global demand for AI drives tailwinds for the company.European markets ended the midweek session higher amid strong corporate earnings beats across the region. The STOXX 600 rose 0.99%, Germany's DAX rose 1.73%, the French CAC added 1.15%, and, in the UK, the FTSE100 ended the day up 0.72%. Earnings from Budweiser maker AB Inbev, Adecco, and Munich Re each rallied yesterday after reporting earnings beats.Across the APAC region on Wednesday, markets closed mixed taking lead from Wall St on Tuesday and amid key pledges out of governments in the region. Hong Kong's Hang Seng rose 3.63% led by tech stocks after the city pledged in its budget to develop itself into an AI hub. Japan's Nikkei fell 0.25%, and South Korea's Kospi index rose 0.41%.Locally on Wednesday the ASX200 fell 0.14%, weighed down by the materials sector falling 1.61%, while Real Estate stocks fell 1.3%. Energy and Financials stocks offset some of the market losses with gains of 1.3% and 0.71% respectively.Bapcor rallied over 13% yesterday after the leading provider of aftermarket parts, accessories and services released strong first half results including strong cost reduction plans to increase cash conversion which has enabled the company to bay down debt and reinvest in growth plans this financial year to date. Light & Wonder also rose over 7% after the gaming company reported FY24 results including a 10% rise in revenue to a record $3.2bn, a 110% jump in net income to $336m and guided to low double-digit income growth for Q1FY25.What to watch today:Ahead of Thursday's trading session here in Australia the SPI futures are anticipating the ASX will open the day down 0.12%. On the commodities front this morning oil is trading 0.16% lower at US$68.82/barrel, gold is down 0.07% at US$2916/ounce and iron ore is down 0.02% at US$107.17/tonne.The Aussie dollar has slightly weakened against the greenback overnight to buy 63.03 US cents, 93.98 Japanese Yen, 49.89 British Pence and 1 New Zealand dollar and 11 cents.Trading Ideas:Bell Potter has slightly decreased the 12-month price target on Kogan.com (ASX:KGN) from $5.10 to $5.00 and maintain a hold rating on the online retailer following a 1H result that came in line with expectations. The slight decrease in 12-month price target is due to earnings downgrades by the analyst as Kogan's Mighty Ape business had some transition issues post a website upgrade last year.Bell Potter has downgraded the price target on Woolworths (ASX:WOW) from $31.75 to $30.75 and maintain a hold rating on the leading supermarket giant after the company reported first half results below BPe on an NPAT front and provided softer near-term guidance.
Today's returning guest for an unprecedented fourth time is the founder of We Are Unchained, a strategic marketing consultancy that helps businesses grow faster by enhancing their market insight, strategy, activity, and talent.Over his 8 years experience in the estate agency industry, he has worked with Countrywide, Fine & Country, Keller Williams, and Knight Frank.He's also a mentor at Agents Together, Propertymark Trust Ambassador and Fractional CMO for Lemon and Lime Interiors.With over 30 years of marketing experience across multiple sectors, from startups to FTSE100, he has turned failing marketing teams around, and educated hundreds of people on the science and art of marketing.His mission is to make quality strategic marketing and practical advice accessible to every business, whether they need a virtual CMO, a one-to-one mentor, or a marketing trainer.In this conversation, we discuss more of the results from part one of the Voice of The Agent 2025, covering topics such as the rental market, opportunities for letting agents, agent concerns, competitors, company resources, marketing, and portals. If you've not already read part one of the report, please do contact me for a copy of it and I will happily share it with you.You can also message me if you are interested in completing part two of the survey and sharing your voice to help shape the industry.Any insights shared will help define the future of the UK property market.
Wall Street started the new trading week lower, extending on Friday's sharp inflation-data driven sell-off as many of the major tech companies come under pressure amid concerns over weakness in data centre spend and overvaluation in the space. The S&P500 lost 0.5% on Monday, the Nasdaq fell 1.21% and the Dow Jones ended the day down 0.08%. Trump tariffs are also weighing on investor sentiment at present after Trump said tariffs on Canada and Mexico will ‘go forward' after the monthlong postponement ends next week.In Europe overnight, markets mostly fell as investors reacted to the results of the German federal election. The STOXX 600 fell 0.08%, Germany's DAX rose 0.62%, the French CAC lost 0.78% and, in the UK, the FTSE100 ended the day flat.Shares in leading global on-demand food delivery company Just Eat Takeaway soared 54% after tech investor Prosus announced its plans to acquire the company in a deal worth $4.3bn.Across the APAC region on Monday markets mostly fell taking lead from Wall Street's worst session of the year last Friday after fresh inflation data in the US pointed to a slowing economy and sticky inflation. China's CSI index fell 0.22%, Hong Kong's Hang Seng fell 0.58%, South Korea's Kospi index lost 0.35% and Japan's Nikkei was closed for a holiday.Locally to start the week, the ASX200 posted a 0.14% rise at the closing bell as strong gains for utilities and financial stocks more than offset the 6.84% tumble in tech stocks.Logistics software solutions provider WiseTech Global was the driver of the tech plummet yesterday as shares in the company dived 20.09% following news that four directors on the company's board quit over founder Richard White's ongoing role with the company.NIB Holdings on the other hand rose 12.5% after the company reaffirmed guidance for FY25 profits between the range of $235 - $250m as it focuses on a return to profitability for its New Zealand business.And EVT shares posted the greatest gain on the market yesterday with a rise of 12.88% after the property developer and operator posted a strong first half result including profits up 8.3% YoY which beat estimates by 83% driven by the company's hotel division achieving record earnings during the period.What to watch today:Ahead of Tuesday's trading session here in Australia the SPI futures are anticipating the ASX will open the day down a sharp 0.76% tracking Wall Street's sell-off overnight.On the commodities front this morning, oil is trading 0.68% higher at US$70.88/barrel, gold is up 0.61% at US$2952/ounce and iron ore is up 0.12% at US$107.13/tonne.The Aussie dollar has strengthened against the greenback to buy US$0.63, 95.04 Japanese Yen, 50.03 British Pence and NZ$1.11.Trading Ideas:Bell Potter has downgraded the rating on Domain (ASX:DHG) following the announcement of US property giant CoStar making a $2.7bn takeover bid for the real estate platform. Nine Entertainment Co has a 60% controlling stake in Domain which remains a block for the acquisition, but Bell Potter's analyst sees the takeover bid as attractive.And Trading Central has identified a bullish signal on Rural Funds Group (ASX:RFF) following the formation of a pattern over a period of 33-days which is roughly the same amount of time the share price may rise from the close of $1.79 to the range of $1.88 to $1.90 according to standard principles of technical analysis.
Wall St closed higher overnight as the S&P closed at a record for the second day in a row. The Dow Jones gained 0.16%, the tech-heavy Nasdaq rose 0.07% and the S&P500 jumped 0.24%.Over in Europe, markets plummeted on Wednesday as earnings season results disappoint investors. The STOXX600 fell 0.9%, pulling from the all time high set in Tuesday's trading session. Germany's DAX dropped 1.8%, the French CAC lost 0.62% and over in the UK, the FTSE100 closed Wednesday's trading session 1.8% in the red.Locally yesterday, the ASX200 closed 0.73% lower with the majority of sectors closing down. Losses were led by the energy and financial sectors which dropped by 2.35% and 2.01% respectively. This was offset by the utilities sector which gained 0.84% by market close.What to watch today:The Australian share market is set to open lower, with the SPI futures suggesting a fall of 0.45% at market open this morning.In terms of economic news today, Australian unemployment data for January will be released with a forecast of 4%, the same as its previous result.On the commodities front this morning,Oil is trading 0.63% higher at 72 US dollars and 25 cents a barrel, gold is trading flat at 2934 US dollars an ounce and iron ore is trading 0.08% lower at 106 US dollars and 74 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Ceder Woods Properties (ASX:CWP) with a 12-month price target of $7.20. With a current share price of $5.53, this indicates a share price growth of 25.2% over the next 12-months, hence the buy rating is maintained.And Trading Central has identified a bullish signal on Perseus Mining (ASX:PRU), indicating that the stock price may rise from the close of $2.86 to the range of $3.30-$3.40 on a pattern formed over 105 days, according to the standard principles of technical analysis.
Wall St closed higher overnight as the S&P 500 sets a new record high, climbing 0.24%. The Dow Jones rose just 0.02% and the tech-heavy Nasdaq had a slight rise of 0.07%. The energy sector was the best performing, gaining 1.9% with Halliburton and Valero Energy leading gains.Over in Europe, markets closed higher as the STOXX600 jumped 0.32% by market close on Tuesday. Germany's DAX had a gain of 0.2%, the French CAC rallied 0.21% and over in the UK the FTSE100 had a slight fall of 0.01% by the closing bell.Locally yesterday the ASX had a pullback to start the week, closing Tuesday's session down 0.66% despite the RBA announcing the nation's first cash rate cut since November 2020 after 13-hikes to 4.35%. The nations cash rate now drops 25-basis points to 4.1% as the RBA's journey to tame inflation is working at the same time the elevated rate environment to date has caused a cost-of-living crisis in Australia.What to watch today:The Australian share market is set to open slightly lower, with the SPI futures suggesting a fall of 0.02% at market open this morning.On the commodities front this morning,Oil is trading 0.55% higher at 71 US dollars and 77 cents a barrel after crude exports from Kazakhstan were disrupted after a drone strike hit a Russian pumping station, potentially cutting pipeline flows by 30%.Gold is trading 1.2% higher at 2934 US dollars an ounce and iron ore is trading 0.06% higher at 106 US dollars and 83 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on HUB24 (ASX:HUB) and has increased its 12-month price target to $93. With a current share price of $84.39, this indicates a share price growth of 10.2% over the next 12-months, hence the buy rating is maintained.Trading Central has identified a bearish signal on Appen Ltd (ASX:APX), indicating that the stock price may fall from the close of $2.90 to the range of $1.90-$2.10, on a pattern formed over 30 days, according to the standard principles of technical analysis.
The local market closed 0.2% higher on Friday, buoyed by a strong rally for the consumer staples sector amid strong results out of TWE and investors buying up the supermarket giants on Friday. For the week, the ASX posted a gain of 0.52% as industrials and the consumers stocks rallied, while healthcare stocks took a 3.75% hit over the 5-trading days.Reporting season ramped up on Friday with Avita Medical soaring 11% after the company announced a guidance range of $158m to $167m for commercial revenues in 2025, while GQG rose 5.9% after doubling net inflows to the half year to December.Hearing device specialist Cochlear on the other hand fell 13% on Friday after downgrading profit guidance for FY25 due to weaker services contribution and increased cloud-related investment, despite the company posting a 5% rise in sales in H1 to $1.17bn.In the US on Friday, markets closed mixed on Friday despite investors gaining certainty around Trump's tariff plans and fresh economic data signalling the US inflation story is not running hot as was previously feared. The Dow Jones fell 0.4%, the S&P500 fell just 0.01% and the Nasdaq ended the day up 0.41%. For the week, each of the major averages posted a gain. The latest US inflation reading out last week showed core inflation rose more than expected in January by 0.4% MoM, and 3.3% YoY, while the overall inflation rate rose to 3% YoY, while retail sales in the US fell 0.9% in January MoM, which was more of a decline than the markets were expecting.Across the European region on Friday, markets pulled back from record highs earlier in the week. The STOXX fell 0.24%, Germany's DAX lost 0.44%, the French CAC rose 0.18%, and, in the UK, the FTSE100 ended the day down 0.37%.Asia markets closed mixed on Friday as investors assessed President Trump's reciprocal tariff plans but did not enact levies immediately. China's CSI index rose 0.87%, Hong Kong's Hang Seng rose 3.48%, South Korea's Kospi Index gained 0.31%, and Japan's Nikkei fell 0.79%.What to watch today:Ahead of Monday's session on the ASX, the SPI futures are anticipating the local market will open the day down 0.61%.On the commodities front this morning, oil is trading 0.77% lower at US$70.74/barrel, gold is down 1.73% at US$2880.76/ounce and iron ore is up 0.06% at US$106.83/tonne.The Aussie dollar has strengthened against the greenback to buy US$0.63, 96.63 Japanese Yen, 50.47 British Pence and NZ$1.11.On the reporting season calendar today, Aurizon, Bendigo and Adelaide Bank, BlueScope Steel, Lendlease Group and A2 Milk will release results.Trading Ideas:Bell Potter has upgraded Pro Medicus (ASX:PME) from a hold to a buy rating and have increased the 12-month price target on the leading diagnostic imaging healthcare provider following the release of the company's first half results. Despite PME reporting a small miss on earnings, the outlook remains strong and with 10 contract announcements and strong growth in the cardiology space expected, the analyst sees strong upside potential for the company in H2.And Trading Central has identified a bullish signal on Endeavour Group (ASX:EDV) following the formation of a pattern over a period of 52-days which is roughly the same amount of time the share price may rise from the close of $4.42 to the range of $4.68 and $4.74 according to standard principles of technical analysis.
Today's returning guest for an unprecedented third time is the founder of We Are Unchained, a strategic marketing consultancy that helps businesses grow faster by enhancing their market insight, strategy, activity, and talent.Over his 8 years experience in the estate agency industry, he has worked with Countrywide, Fine & Country, Keller Williams, and Knight Frank.He's also a mentor at Agents Together, Propertymark Trust Ambassador and Fractional CMO for Lemon and Lime Interiors.With over 30 years of marketing experience across multiple sectors, from startups to FTSE100, he has turned failing marketing teams around, and educated hundreds of people on the science and art of marketing.His mission is to make quality strategic marketing and practical advice accessible to every business, whether they need a virtual CMO, a one-to-one mentor, or a marketing trainer.In this conversation, we discuss some of the results from part one of the Voice of The Agent 2025, covering topics such as house prices, transactions, marketing budgets, fees, and the prime market. If you've not already read part one of the report, please do contact me for a copy of it and I will happily share it with you.You can also message me if you are interested in completing part two of the survey and sharing your voice to help shape the industry.Any insights shared will help define the future of the UK property market.
Wall St closed lower overnight following a hotter-than-expected CPI report. The Dow Jones lost half a percent, the S&P 500 dropped 0.27% and the tech heavy Nasdaq had a slight rise of 0.03%. January's consumer price index jumped 0.5% for the month, putting the annual inflation rate at 3%, more than the 0.3% rise expected by economists in January.Over in Europe, markets closed higher as earnings season continues. The STOXX600 ended Wednesday's trading session 0.11% higher, Germany's DAX rose half a percent, the French CAC jumped 0.17% and over in the UK the FTSE100 closed 0.34% in the green.Locally yesterday, the ASX200 gained 0.6% with the majority of sectors closing in the green. Gains were led by the industrial and financial sectors which gained 1.93% and 1.41% respectively. This was offset by the information technology sector which fell 1.05% by the closing bell.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.04% at market open this morning.On the commodities front this morning, Oil is trading 2.79% lower at 71 US dollars and 27 cents a barrel, gold is trading 0.13% higher at 2902 US dollars an ounce, and iron ore is trading 0.61% lower at 106 US dollars and 32 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Perpetual Limited (ASX:PPT) with a 12-month price target of $25.40. With a current share price of $22.50, this indicates a share price growth of 12.9%, hence the buy rating is maintained.Trading Central has identified a bearish signal on Kelsian Group (ASX:KLS), indicating that the stock price may fall from the close of $3.53 to the range of $3.23-$3.29, on a pattern formed over 20 days according to the standard principles of technical analysis.
Over in the US so far on Tuesday, Wall Street closed mixed as Fed Chair Jerome Powell signalled concerns over the direction of the US economy amid US tariffs and the possibility of a global trade war. The Dow Jones climbed 0.1% while the S&P500 and Nasdaq dropped 0.2% and 0.6% respectively.In Europe overnight, markets closed higher as investors digested the latest Trump tariff announcements and The European Union plans to retaliate against the US for new steel and aluminium tariffs. The STOXX 600 rose 0.23%, Germany's DAX added 0.56%, the French CAC gained 0.28% and, in the UK, the FTSE100 ended the day up 0.11%.Across the APAC region on Tuesday, markets closed mixed as investors continued digesting the impacts and flow on effects of Trump's latest tariffs. Hong Kong's Hang Seng fell 1.06%, and China's CSI index fell 0.46%, while South Korea's Kospi Index rose 0.71% and Japan's markets were closed for a holiday.The local market started the new trading week lower on Monday before a choppy session that led to a flat close on Tuesday as a sharp sell-off in healthcare stocks weighed on the local index.Trump tariffs continue to dampen investor sentiment and fuel investor and central bank demand for gold stocks, bullion and exposure in portfolios given the safe-haven nature of the precious commodity at a time where economic and market certainty is unclear.CSL's results for the first half out yesterday weighed on the local market and healthcare sector as the healthcare giant fell nearly 5% yesterday despite beating expectations for 2 of the company's 3 divisions. The company's Behring business, which manufactures plasma products and provides collection services in the US, Australia, Europe and more, reported a strong first half with revenue up 10% and gross margin of 51.1% which beat expectations by 20bps. Investors likely sold out of the company amid warnings of FX headwinds to come in H2 and after the Seqirus division posted a 9% decline in revenue on the PCP.Gold miners rocketed again yesterday as the price of the precious commodity jumped over US$2900/ounce for the first time amid increased demand out of central banks and from investors due to the haven nature of the commodity in a time of great uncertainty.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.02%.The Aussie dollar has further strengthened against the greenback to buy US$0.62, 95.87 Japanese Yen, 50.70 British Pence and 1 NZ$1.11 cents.On the commodities front this morning, oil is trading 1.21% higher at US$73.19/barrel, gold is down 0.38% at US$2906/ounce and iron ore is up 0.56% at US$106.97/tonne.Trading Ideas:Bell Potter has maintained a buy rating on CSL (ASX:CSL) but have lowered the 12-month price target from $345 to $335 following the release of the company's first half results showing revenue rose 5% but fell 1% short of BPe and NPATA rose 3% but was 4% below BPe. The analyst maintains a buy rating as the Behring division continues its strong growth outlook and positive margin recovery despite the Seqirus division facing headwinds of declining vaccine demand in the US.And Trading Central has identified a bullish signal on QBE Insurance Group (ASX:QBE) following the formation of a pattern over a period of 7-days which is roughly the same amount of time the share price may rise from the close of $20.43 to the range of $21.90 to $22.20 according to standard principles of technical analysis.
Wall St started the week in positive territory as investors looked past Trump's latest tariff talks about a blanket tariff on steel and aluminium imports, and bought into growth areas of the market. The Dow Jones rose 0.38%, the S&P500 added 0.67% and the tech-heavy Nasdaq led the gains with a near 1% rise.Strength in the US jobs market dampened investor hopes of a near-term rate cut as the latest unemployment data showed the jobless rate in the world's largest economy fell from 4.1% to 4% in January at the same time 143,000 jobs were added. The Fed has already cut the US cash rate once last year to 4.25% - 4.5%, however, with signals of a stronger labour market, a rise in the inflation rate for the last 3-months and strong retail sales growth, the US central bank is unlikely to cut rates again until these inflationary driver's ease.In Europe overnight markets in the region started the new trading week higher with the STOXX 600 gaining 0.58%, while Germany's DAX added 0.57%, the French CAC rose 0.42% and, in the UK, the FTSE100 ended the day up 0.77%.Across the APAC region on Monday, markets closed mixed as escalating tensions around Trump's tariff implications weighed on investor sentiment. Japan's Nikkei closed flat, South Korea's Kospi index also ended the day little unchanged, Hong Kong's Hang Seng rose 1.76% and China's CSI index rose 0.21% after China's consumer inflation rose to a 5-month high in January amid higher consumer spend in the lead up to the Lunar New Year.Locally on Monday, the ASX200 started the new trading week in the red with a 0.34% loss at the closing bell as a sharp sell-off in tech stocks weighed on the local key index. Reporting season continued on Monday with key names releasing first half results that surprised investors. Trump's new tariffs on aluminium and steel weighed on the local index early in the session before realising that less than 1% of China's steel exports went to the US in 2024, and China is Australia's largest buyer of iron ore which is a key ingredient used to make steel.JB Hi-Fi faced inflationary pressures and subdued demand in the first half but still posted strong results, with total sales rising 9.8% to $5.67bn, NPAT up 8% to $285.4m, and an interim dividend increase of 7.6% to 170cps. However, investors sold off shares, likely due to a 13.5% rise in inventory and a 9bps drop in inventory turnover. Payables also increased by 16% YoY in H1. CEO Terry Smart's cautious remarks about retail market uncertainty and heightened competition likely spooked investors yesterday.Ansell on the other hand had investors buying in on Monday after the global leading protective equipment producer released strong first half results including sales growth of 12.5%, EBIT up 20.9% and a dividend of 22 US cps.What to watch locally today:Ahead of Tuesday's trading session on the ASX the SPI futures are anticipating the ASX to open the day up 0.37% tracking Wall Street's positive start overnight.On the local reporting season calendar today, we will likely see investors react to results out of global healthcare giant, CSL.On the commodities front this morning, oil is trading 2.02% higher at US$72.44/barrel, gold is up 1.68% at US$2907.41/ounce and iron ore is up 0.13% at US$106.37/tonne.The AUD has strengthened against the greenback to buy US$0.62, 95.29 Japanese Yen, 50.73 British Pence and NZ$1.11.Trading Ideas:Bell Potter has downgraded the rating on JB Hi-Fi (ASX:JBH) from a buy to a hold and have increased the 12-month price target on the leading tech retail company from $98 to $99/share following the release of the company's results yesterday. The downgrade to a hold follows the analyst believing JB is currently well valued and limited earnings upgrades in the near-term are priced in at a current PE multiple of around 23x.And Trading Central has id
Wall St closed 400 points lower on Friday as inflation and tariff concerns worried investors towards the back end of the week. The Dow Jones fell 1, the S&P500 dropped 0.95% and the tech heavy Nasdaq lost 1.36%.Over in Europe, markets followed the US and closed lower as corporate earnings continue to roll out. The STOXX600 fell 0.38% after a key US jobs report disappointed investors. Germany's DAX lost over half a percent, the French CAC dropped 0.43% and over in the UK, the FTSE100 ended Friday's trading session 0.31% in the red.Locally on Friday, the ASX200 closed 0.11% lower with half of the sectors closing in negative territory. Losses were led by the energy and health sectors which lost 1.45% and 1.03% respectively. This was offset by the information technology sector which gained over half a percent.What to watch today:The Australian share market is set to open lower, with the SPI futures suggesting a fall of 0.76% at market open this morning.On the commodities front this morning, Oil is trading 0.55% higher at 71 US dollars a barrel, gold is trading 0.05% higher at 2859 US dollars an ounce and iron ore is trading 0.13% higher at 106 US dollars and 37 cents a tonne.Trading Ideas:Bell Potter initiates coverage on Aristocrat Leisure (ASX:NGI) with a buy rating and has a 12-month share price target of $83. With a current share price of $73.72, this indicates a share price growth of 12.6% over the next 12-months, hence the buy rating is recommended. And Trading Central has identified a bullish signal on Navigator Global Investments (ASX:ALL), indicating that the stock price may rise from the close of $1.60 to the range of $1.83-$1.89 on a pattern formed over 74 days according to the standard principles of technical analysis.
Wall St closed higher overnight as investors pushed past the trade turmoil earlier on in the week. The Dow Jones gained 0.71%, the S&P 500 rose by 0.39% and the tech-heavy Nasdaq jumped by 0.19%.Over in Europe, markets closed higher on Wednesday as earnings beats rose stock gains across the major sectors. The STOXX600 rose by 0.47%, with the majority of major sectors closing in the green. Germany's DAX rallied 0.37%, the French CAC dropped 0.19% and over in the UK the FTSE100 ended the trading day 0.61% higher.Locally yesterday, the ASX200 rose by 0.51% with most major sectors closing higher. Gains were led by the materials and information technology sectors which closed 1.61% and 1.56% higher. This was offset by the health sector which fell by 0.55%.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.7% at market open this morning.On the commodities front this morning,Oil is trading 2.03% lower at 71 US dollars and 22 cents a barrel as oil inventories increased by 8.664 million barrels last week, the largest build in nearly a year. Gold is trading 0.83% higher at 2864 US dollars an ounce and iron ore is trading 0.36% higher at 105 US dollars and 40 cents a tonne.Trading Ideas:Bell Potter maintains a speculative buy rating on Comet Ridge Ltd (ASX:COI) and has a current share price of 13 and a half cents. With a 12-month price target of 21 cents, this indicates a share price growth of 56%, hence the buy rating is maintained.Trading Central has identified a bullish signal on Jumbo Interactive (ASX:JIN), indicating that the stock price may rise from the close of $13.23 to the range of $15.20-$15.70, on a pattern formed over 114 days, according to the standard principles of technical analysis.
Over in the US on Tuesday, stocks closed higher as investors shift focus from Trump's trade wars to fourth quarter earnings results. The Nasdaq rose 1.35%, the S&P500 gained 0.72% and the Dow Jones ended the day up 0.3%. Palantir, the big data analytics software provider, soared 24% on Tuesday to become a $200bn company after posting Q4 results that topped expectations.In Europe overnight, markets closed mostly higher amid Trump's tariffs pauses with Mexico and Canada and on the back of strong key corporate results out in the region. The STOXX 600 rose 0.3%, Germany's DAX added 0.4%, the French CAC climbed 0.7%, and, in the UK, the FTSE100 ended the day down 0.15%.Across the APAC region on Tuesday, markets rallied as China retaliated to Trump's tariffs by slapping tariffs on US imports between 10% to 15% for certain goods. Hong Kong's Hang Seng rose 2.83%, Japan's Nikkei added 0.72%, South Korea's Kospi index climbed 1.13% and China's CSI index remains closed for the Lunar holiday.Locally yesterday the ASX posted a slight loss of 0.06% yesterday as investors responded to Trump's tariffs on China coming into effect and the late afternoon retaliation of Beijing placing a 10-15% tariff on certain goods from the US. On Monday, Trump suspended tariffs on Mexico and Canada as discussions between the regions began, while the tariffs in China came into effect late on Tuesday AU time. Tech stocks offset some of the heavy losses yesterday with a gain for the sector of 1.52%, while REIT and consumer discretionary stocks fell 1.06% and 0.76% respectively.Online jobs advertisement platform Seek's proposed acquisition of Xref for a value of $42.1m fell through yesterday after Xref's shareholder voted against the takeover bid. Shares in Xref tumbled 22.6% yesterday while shares in Seek fell just 0.2%. Crop protection solution producer Nufarm rallied over 3% on Tuesday after reporting a positive trading update including the expectation to achieve $100m from its omega-3 revenue in FY25 and its belt-tightening program for cost cutting remains on track with $50m of annualised savings.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.64% tracking Wall Street's rebound overnight.On the commodities front this morning, oil has slipped to trade 0.70% lower at US$72.65/barrel, gold is up 1.04% at US$2843/ounce and iron ore is up 3.38% at US$105.02/tonne.The Aussie dollar has strengthened against the greenback to buy US$0.62, 96.41 Japanese Yen, 50.04 British Pence and NZ$1.11.On the reporting season calendar today, BWP Trust will release results.Trading Ideas:Bell Potter has increased the 12-month price target on Nufarm (ASX:NUF) from $4.25 to $4.35 and maintain a buy rating on the crop protection company following the release of a FY25 trading update. The analyst sees it has been a pleasing start to FY25 with strong levels of demand for crop protection products and the company remains on track to deliver $100m in Omega-3 revenues this year. The company is also on track to reduce working capital by 25-days per year end.And Trading Central has identified a bearish signal on Cleanaway Waste Management (ASX:CWY) following the formation of a pattern over a period of 15-days which is roughly the same amount of time the share price may fall from the close of $2.70 to the range of $2.63 to $2.65 according to standard principles of technical analysis.
Over in the US on Monday, stocks were heavily sold off in morning trade before recovering some losses in afternoon trade amid news of tariffs between the US and Mexico would be paused for a month as conversations between the presidents of the countries begin. The Dow Jones fell 0.28%, the S&P500 lost 0.76%, and the Nasdaq ended the day down 1.2%.In Europe overnight markets closed lower after President Trump imposed tariffs on several countries and threatened to expand the tariffs to the European Union and the UK. The STOXX 600 fell 0.93%, Germany's DAX lost 1.4%, the French CAC fell 1.2%, and, in the UK, the FTSE100 ended the day down 1.04%.Across the Asia region on Monday negative investor sentiment around Trump's tariffs spread into the region with Japan's Nikkei falling 2.66% while South Korea's Kospi lost 2.52%, Hong Kong's Hang Seng dropped just 0.04% and, China's CSI index remained closed for the Lunar holiday.The local market started the new trading week with a significant sell-off, closing Monday's session down 1.79% with every sector ending the day lower as investors reacted to the downside risk of flow through effects into our economy from Trump's tariffs announced over the weekend.Over the weekend President Trump introduced 25% tariffs on Canadian and Mexican imports and an additional 10% tariff on Chinese goods, which led Canada to retaliate with a 25% tariff on US goods into Canada.There were few stories of good news on the market on Monday, but Lynas Rare Earths led the ASX200 gains with a rise of 3% despite no news out of the rare earth's producer. The possible catalyst for the rise in the share price may be due to Gina Rinehart's Hancock Prospecting buying up shares in the rare earth's producer over recent days.Magellan shares also tumbled 8.7% yesterday following the departure of the company's long-standing boss Gerald Stack.What to watch today:Ahead of Tuesday's trading session on the ASX, the SPI futures are anticipating the ASX will open the day up 0.47%.On the commodities front this morning oil is trading 0.26% higher at US$72.71/barrel, gold is up 0.8% at US$2819/ounce, and iron ore is up 0.26% at US$101.59/tonne.The Aussie dollar has slightly weakened against the greenback to buy US$0.61, 95.55 Japanese Yen, 49.82 British Pence and NZ$1.11.Trading Ideas:Bell Potter has slightly decreased the 12-month price target on Aeris Resources (ASX:AIS) from 34cps to 29cps and maintain a buy rating on the multi-mine copper and gold producer following the release of the company's December quarter update. Production at the company's Tritton mine fell short of Bell Potter expectations while AISC topped BPe, while the company's Cracow mine produced more gold at a lower cost than BP was expecting. The company's near-term outlook is highly leveraged to the copper price and increasing grades and production at its Tritton copper mine.And Trading Central has identified a bearish signal on Bravura solutions (ASX:BVS) following the formation of a pattern over a period of 7-days which is roughly the same amount of time the share price may fall from the close of $2.11 to the range of $1.93 to $1.97 according to standard principles of technical analysis.
Wall Street had a negative end to the last trading week after President Donald Trump announced aggressive tariffs against major US trading partners would begin on Saturday. The Dow Jones fell 0.75%, the S&P500 lost 0.5% and the tech-heavy Nasdaq ended the day down 0.28%. Stocks with exposure to the key trade partners like Mexico, Canada and China posted greater losses on Friday including Mexican Food outlet Chipotle and Corona brewer Constellation Brands. Over the weekend President Trump introduced 25% tariffs on Canadian and Mexican imports and an additional 10% tariff on Chinese goods, which led Canada to retaliate with a 25% tariff on US goods into Canada.In Europe on Friday, markets rose to end the week higher following the release of strong earnings results in the region. The STOXX 600 rose 0.13%, Germany's DAX gained 0.02%, the French CAC added 0.11%, and, in the UK, the FTSE100 ended the day up 0.31%.Across the APAC region on Friday, markets mostly rose following strength on Wall St on Thursday. Japan's Nikkei added 0.15%, South Korea's Kospi Index fell 0.77%, and India's Nifty 50 added 1.18%, while China's CSI and Hong Kong's Hang Seng were both closed for the Lunar New Year. What to watch today:Locally to end the last trading week, the ASX200 post a 0.45% gain on Friday and 1.83% rise for the trading week as a rally late in the week for mining stocks finished off a strong week on the local market. Rate sensitive sectors like tech, REIT and consumer discretionary stocks also had a strong week after inflation data in Australia came in below economists' expectations and pave the way for the RBA to seriously consider a rate cut in 2 weeks. Simonds Group shares had a stellar day on Friday with a rise of 27% after leading Australian home building company agreed to pay $10m for the acquisition of Melbourne-based Dennis Family Homes to increase its new construction builds by 25% next financial year.PointsBet on the other hand tumbled over 13% on the release of the company's quarterly trading update including flat growth in quarterly total net win and negative normalised EBITDA of $3.3m for the first half.Ahead of the first trading session of the new week and new month the SPI futures are anticipating the ASX will open the day down 1.19% likely due to investor reactions to the Trump tariffs announced over the weekend.On the commodities front this morning oil is trading 0.3% lower at US$72.53/barrel, gold is up 0.04% at US$2797/ounce and iron ore is up 0.26% at US$101.59/tonne.The Aussie dollar has further weakened to buy 62.15 US cents, 95.37 Japanese Yen, 50.12 British Pence and 1 New Zealand dollar and 10 cents.On the reporting season calendar today, Argo Investments will release results today.Trading Ideas:Bell Potter has downgraded the rating on Strike Energy (ASX:STX) from a speculative buy to a speculative hold rating and have a 12-month price target of 27cps on the gas producer following the release of a 2Q trading update outlining production and revenue lower than Bell Potter expected due to maintenance impacting output.Trading Central has identified a bullish signal on Nufarm (ASX:NUF) following the formation of a pattern over a period of 11-days which is roughly the same amount of time the share price may rise from the close of $3.65 to the range of $3.86 to $3.92 according to standard principles of technical analysis.
Wall St fell overnight as the Federal Reserve left interest rates unchanged in its first policy decision of the year. The Dow Jones fell 0.31%, the S&P 500 dropped 0.47% and the tech-heavy Nasdaq closed just over half a percent higher.Over in Europe, markets closed higher as corporate earnings results start to get released. The STOXX600 rose by half a percent with gains lead by the technology sector which rose by 2%. Germany's DAX jumped nearly 1%, the French CAC fell 0.32% and over in the UK the FTSE100 rose by 0.28%.Locally yesterday the ASX200 rose by 0.57% following the release of important inflation data. The quarterly inflation print has boosted investor sentiment and hopes for the RBA rate cut cycle to begin in February as underling inflation fell at a sharper rate than expected to the lowest level in 3-years of 3.2% for the December quarter.Star Entertainment shares rose over 13% yesterday after the company made its first sale of non-core assets to the value of $60m for the sale of its Sydney entertainment centre assets. While it isn't enough to revive the company, it is a welcome start on the journey to rebuilding.What to watch today:The Australian share market is set to open lower with the SPI futures suggesting a fall of 0.06% at market open this morning.On the commodities front this morning, Oil is trading 1.08% lower at 72 US dollars and 97 cents a barrel following concerns over rising US stockpiles.Gold is trading 0.21% lower at 2756 US dollars an ounce and iron ore is trading 0.04% lower at 101 US dollars and 30 cents a tonne.Trading Ideas:Bell Potter has slightly increased the 12-month price target on Pilbara Minerals (ASX:PLS) from $2.95 to $3.00 and maintain a buy rating on the leading lithium producer following the release of the company's 2Q25 results. Despite depreciated pricing of lithium in the current cycle, PLS beat analysts' expectations for sales volumes and average realised pricing.Trading Central has identified a bullish signal on Endeavour Group (ASX:EDV) following the formation of a pattern over a period of 41-days which is roughly the same amount of time the share price may rise from the close of $4.23 to the range of $4.37 to $4.41 according to standard principles of technical analysis.
In the US on Tuesday stocks recovered after the sharp sell-off following the emergence of China's DeepSeek AI model that offers a lower cost alternative to the billions the US is spending in the AI space. The Nasdaq rallied 2.03%, the S&P500 climbed 0.92% and the Dow Jones ended the day up 0.31%. The DeepSeek AI sell-off on Wall St was due to social media buzz over the weekend around the Chinese startup unveiling a free open-source large language model of AI that it says took less than $6 million to build.In Europe overnight, markets in the region also mostly rebounded on Tuesday in the in the wake of the global AI sell-off that spread through global markets on Monday. The STOXX 600 rose 0.5%, Germany's DAX added 0.7%, the French CAC fell 0.12% and, in the UK, the FTSE100 ended the day up 0.35%.Across the Asia region overnight, markets closed mixed as the AI-sell off continued to spread throughout the region. Japan's Nikkei extended losses for a second session with a loss of 1.4% on Tuesday as China's AI advancements threaten to challenge the US dominance in the space which flows through to countries like Japan who form a key part of the US AI-chip supply chain, while Hong Kong's Hang Seng rose 0.14%, and South Korea's Kospi Index ended the day up 0.85%.The local market closed the first trading session of the week down 0.12% as fears of China's AI rival DeepSeek taking power on the AI front dampened investor sentiment to start the holiday shortened trading week.The datacentre, AI and broad tech rally of the last year took a sudden halt yesterday with local darlings in the sector like Goodman Group, and NextDC each falling over 6% amid the emergence of China's DeepSeek AI rival and overvaluation fears in the sector.The DeepSeek fear-based sell-off expanded into the uranium space, sending Paladin Energy and Boss Energy down over 10% each as investors fear less uranium will be needed to fuel nuclear power for the global AI revolution.Sigma Healthcare rose over 12% yesterday after the Chemist Warehouse merger partner reported a strong trading update from Chemist Warehouse for the first half of FY25 including record sales, up 13% on the PCP, margin expansion through cost management and the opening of 19 new stores in the half. Sigma is set to merge with the discount chemist retail giant next month.What to watch today:Ahead of the midweek session the SPI futures are anticipating the ASX will open the day up 0.43% tracking Wall Street's rebound on Tuesday so far.On the commodities front this morning oil is trading 0.01% lower at US$73.17/barrel, gold is up 0.6% at US$2757.72/ounce and iron ore is flat at US$101.34/tonne.The Aussie dollar has slightly weakened against the greenback to buy US$0.62, 97.19 Japanese Yen, 50.22 British Pence, and NZ$1.10.Trading Ideas:Bell Potter has slightly increased the 12-month price target on Bellevue Gold (ASX:BGL) from $1.90 to $2.00 and maintain a buy rating on the gold producer. Despite weaker 2Q production leading to a FY25 guidance downgrade, the analyst sees upside to the share price from continuing improvement in production and cost performance in ongoing production ramp-up and expansion, strong gold prices and near-mine exploration programs.And Trading Central has identified a bullish signal on Accent Group (ASX:AX1) following the formation of a pattern over a period of 37-days which is roughly the same amount of time the share price may rise from the close of $2.38 to the range of $2.75 to $2.85 according to standard principles of technical analysis.
In the US on Monday the S&P500 and Nasdaq fell sharply to start the week lower on investor concerns about the AI bubble bursting due to the emergence of Chinese startup DeepSeek which has possibly made a competitive AI model for a fraction of the cost of the billions Silicon Valley is spending in the space. The Nasdaq tumbled 3.07% and the S&P500 lost 1.46%, while the Dow Jones ended the day down 0.65%.European markets closed slightly lower on Monlday as investors reacted to the breakout of a new Chinese AI competitor. The STOXX 600 fell 0.07%, Germany's DAX lost 0.53%, the French CAC fell 0.27% and, in the UK, the FTSE100 ended the day flat.Across the Asia region, markets closed mostly higher on industrial profits in China and on the emergence of an AI rival in China. Japan's Nikkei fell 0.92% in the days after the Bank of Japan increased the country's cash rate to the highest level in 17-years, while Hong Kong's Hang Seng rose 0.66%, China's CSI index added 0.41% and South Korea's Kospi Index gained 0.85%. China's industrial profits jumped 11% from on the PCP, but for the year profits declined for a third straight year in data out yesterday for the month of December.The local market was closed on Monday for the Australia Day holiday but on Friday the ASX200 posted a 0.36% gain on Friday to end a strong week on the local index following strength in the US on Thursday and strong corporate earnings reports boosting investor sentiment.Synlait Milk soared 24% on Friday after reporting an impressive turnaround in operations in the first half and increased its guidance for the second half, with an outlook to a return to profitability this year. The milk producer underwent an aggressive cost cutting strategy through reducing head count and is set to increase prices to drive margin appreciation in the second half.Oil producers locally on Friday tumbled tracking the declining price of oil amid Trump's comments urging OPEC plus to bring down the price of oil.What to watch today:Ahead of the first trading session of the new trading week the SPI futures are anticipating the ASX will open the day up 0.17%.On the commodities front this morning oil is trading 2.06% lower at US$73.14/barrel, gold is down 1.05% at US$2741/ounce and iron ore is flat at US$101.34/tonne.The Aussie dollar has strengthened overnight against the greenback to buy 62.85 US cents, 97.24 Japanese Yen, 50.28 British Pence and 1 New Zealand dollar and 11 cents.Trading Ideas:Bell Potter has slightly decreased the 12-month price target on Kogan.com (ASX:KGN) from $5.30 to $5.10 and maintain a hold rating on the online retailer following the release of the company's preliminary 1H25 update including adjusted EBITDA missing expectations driven by an incremental increase in marketing investment during the promo period and the Mighty Ape re-platforming related issues which persisted through October.And Trading Central has identified a bearish signal on Healius (ASX:HLS) following the formation of a pattern over a period of 290-days which is roughly the same amount of time the share price may fall from the close of $1.41 to the range of $0.70 to $0.85 according to standard principles of technical analysis.
In this episode, I'm really excited to be joined by a former mentee of mine, Rebecca Alcock. Rebecca is a Chartered Accountant and Chartered Tax Adviser, and until the summer of 2024, she was responsible for overseeing all taxes at a FTSE100 housebuilder. Since then, she's shifted her focus entirely to Jolly Property, a venture she co-manages with her husband, Jolly.Rebecca and Jolly primarily invest in Sheffield, and as you'll soon hear, they've achieved some truly remarkable things. What I find especially inspiring about their story is how they've managed to scale their business while Rebecca balanced a demanding corporate role—until recently—with raising a young family.This episode is a real masterclass in getting the balance just right. If you're looking to scale your property business but struggling to juggle a demanding job, a young family, and all the challenges that property can throw at you, this is definitely an episode you won't want to miss.Topics covered in this episode:06:01 – Transitioning from Corporate Life to Full-Time Property14:48 – Scaling Up: From Property Flips to HMOs18:00 – Navigating Article 4 Directions in Sheffield20:54 – Capital Raising Strategies and Building Investor Relationships30:01 – The Value of Mentorship and Networking32:53 – What Success Looks Like for Rebecca36:06 – Practical Tips for Property InvestorsPlease leave us a quick review on Apple Podcasts or Spotify if you enjoy this episode!-Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap on a premium plan at 20% off today and unlock our award-winning library of 400+ resources to help you start, scale and systemise your HMO business. Hurry! Limited time only!
Wall St was closed overnight due to the Martin Luther King Jr public holiday whilst Donald Trump was inaugurated as the 47th president of the United States.Over in Europe, markets closed slightly higher as investors react to Donald Trump being sworn in as the US president. The STOXX600 closed 0.05% higher with mining stocks leading gains up 1.2%. Germany's DAX rose by 0.42%, the French CAC jumped 0.31% and over in the UK the FTSE100 climbed 0.18%.Locally yesterday, the ASX200 rose by 0.45% with most major sectors closing in the green. Gains were led by the information technology and real estate sectors which rose by 1.13% and 0.78% respectively. This was offset by the energy sector which fell by over half a percent by the closing bell.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.34% at market open this morning.On the commodities front this morning, Oil is trading 1.83% lower at 76 US dollars and 45 cents a barrel as markets reacted to Donald Trump's pledge to expand domestic crude production. Gold is trading 0.18% higher at 2705 US dollars an ounce and iron ore is trading 0.72% higher at 101 US dollars and 21 cents a tonne.Trading Ideas:Bell Potter maintains a buy rating on Genusplus Group (ASX:GNP) and keeps an unchanged 12-month price target of $3.10. The buy rating has been maintained by Bell Potter as GNP has been awarded a new $140m contract by Ausgrid for sub-transmission line works at the Hunter-Central Coast Renewable Energy Zone project. The contract award is material and bolsters GNP's orderbook in the medium term, hence the buy rating is maintained.And Trading Central has identified a bullish signal on Beacon Lighting Group (ASX:BLX), indicating that the share price may rise from the close of $3.05 to the range of $3.60-$3.70, on a pattern formed over 70 days, according to the standard principles of technical analysis.
Wall St closed higher on Friday to post the firstly weekly gain across the three major averages for the year as the big tech rally resumed momentum. The Dow Jones rose 0.78% on Friday and 3.7% for the week, the S&P500 added 1% on Friday and 2.9% for the week, and the Nasdaq ended Friday's session up 1.51% and added 2.5% for the week. In Europe on Friday the positive investor sentiment extended into the European region buoyed by a strong rally for mining stocks. The STOXX 600 rose 0.68%, Germany's DAX added 1.35%, the French CAC gained 0.98%, and, in the UK, the FTSE100 ended the day up 1.35%. Across the Asia markets on Friday it was a mixed session as strong economic data in China boosted investor sentiment in the region. China's CSI index rose 0.31% on Friday after fresh GDP data showed the Chinese economy expanded by 5% YoY and retail sales rose 3.7% which beat expectations. Hong Kong's Hang Seng rose 0.21% on Friday and Japan's Nikkei fell 0.31% at the closing bell. Locally on Friday, the ASX200 took lead from Wall Street's losses overnight to post a 0.2% loss on Friday as the financials weighed on the key index. The pullback followed the ASX200 rising 1.4% on Thursday so for the week the key index still managed a gain of 0.2% last week.On an economic data front on Friday, we had the highly anticipated retail sales, industrial production, and GDP readings out of China. The Chinese economy expanded 5.4% in Q4 which was above the 5% forecast and above the 4.6% recorded in Q3 which is a welcome sign of material recovery in the region post pandemic. Retail sales further supported the recovery story with a rise of 3.7% in December which beat the 3.2% economists were expecting and is a sharp rise from the 3% reported in November. And Industrial production in the region also rose 6.2% in December on an annual basis which also exceeded expectations and was a sharp rise from the 5.4% reported in November. Overall, the economic growth in China is finally starting to show signs of material turnaround and this boosted the iron ore price and stocks with exposure to the region on Friday.The winning stocks on the ASX200 on Friday were led by Megaport rallying 10.10%, Liontown Resources rising 9.5% and Lovisa adding 7.73%. And on the losing end REA Group fell 2.71%, TPG Telecom lost 2.4% and JB Hi-Fi ended the day down 2.15%.Insignia Financial is the talk of the M&A world right now as Bain Capital and CC Capital fight to acquire the nearly 200-year-old Aussie wealth management company. Shares in Insignia rose 6% on Friday after CC Capital increased its takeover offer to a value over $3bn or $4.60/share, above the $4.30/share Bain matched earlier this week. How this one plays out will be very interesting but it's no wonder why CC and Bain want to acquire Insignia as the purchase will give the acquirer a market leadership position in Australia's over $4tn superannuation market. And Telix Pharmaceuticals rose 4% on Friday after the cancer imaging and therapy pharmaceuticals company received approval from Europe's Marketing Authorisation Application for its prostate cancer imaging agent Illucix which already has FDA and TGA approval. This further expansion into Europe broadens the company's revenue runway for its leading agent Illucix.What to watch today:Ahead of the first trading session of the new trading week the SPI futures are anticipating the ASX will open the new day up 0.34%.On the commodities front this Monday morning, oil is trading 1.02% lower at US$77.88/barrel, gold is down 0.5% 2700.99/ounce and iron ore is up 0.72% at US$101.21/tonne.The Aussie dollar is buying US$0.61, 96.85 Japanese Yen, 50.88 British Pence and NZ$1.11.Trading Ideas:Bell Potter has reduced the 12-month price target on Lynas Rare Earths (ASX:LYC) from $7.70 to $7.20 and maintain a hold rating on the rare earths producer following the release of a 2nd quar
My guest in this episode is Louis O' Connor. Louis is the Founder, and Principal of Strategic Metals Invest. We are the only industry supplier in the world to offer private investors the option to purchase and profit from owning Strategic Metals. The investment play is exactly the same paradigm as investing in Precious Metals, instead the investor is purchasing Strategic Metals. Strategic Metals have outperformed Gold (58%) , FTSE100 (3%), and S&P500 (112%) consistently for the past 5 years with a 175% average return for the same period. Right now, in North America the only obstacle to investors profiting from owning Rare Earths is that they don't know they can. We are Europe based, providing North American clients portfolio with much needed geographic diversification. Interview Links: Strategic Metals Invest https://strategicmetalsinvest.com/ Subscribe To Our Weekly Newsletter: The Wealth Dojo: https://subscribe.wealthdojo.ai/ Download all the Niches Trilogy Books: The 21 Best Cashflow Niches Digital: https://www.cashflowninjaprograms.com/the-21-best-cashflow-niches-book Audio: https://podcasters.spotify.com/pod/show/21-best-cashflow-niches The 21 Most Unique Cashflow Niches Digital: https://www.cashflowninjaprograms.com/the-21-most-unique-cashflow-niches Audio: https://podcasters.spotify.com/pod/show/21-most-unique-niches The 21 Best Cash Growth Niches Digital: https://www.cashflowninjaprograms.com/the-21-best-cash-growth-niches Audio: https://podcasters.spotify.com/pod/show/21-cash-growth-niches The 21 Next Level Cashflow Niches Digital: https://www.cashflowninjaprograms.com/the-21-next-level-cashflow-niches-book-free-download Audio: https://podcasters.spotify.com/pod/show/the-21-next-level-niches Listen To Cashflow Ninja Podcasts: Cashflow Ninja https://podcasters.spotify.com/pod/show/cashflowninja Cashflow Investing Secrets https://podcasters.spotify.com/pod/show/cashflowinvestingsecrets Cashflow Ninja Banking https://podcasters.spotify.com/pod/show/cashflow-ninja-banking Connect With Us: Website: http://cashflowninja.com Podcast: http://cashflowinvestingsecrets.com Podcast: http://cashflowninjabanking.com Substack: https://mclaubscher.substack.com/ Amazon Audible: https://a.co/d/1xfM1Vx Amazon Audible: https://a.co/d/aGzudX0 Facebook: https://www.facebook.com/cashflowninja/ Twitter: https://twitter.com/mclaubscher Instagram: https://www.instagram.com/thecashflowninja/ TikTok: https://www.tiktok.com/@cashflowninja Linkedin: https://www.linkedin.com/in/mclaubscher/ Gab: https://gab.com/cashflowninja Youtube: http://www.youtube.com/c/Cashflowninja Rumble: https://rumble.com/c/c-329875
Wall St closed mixed to start the new trading as investors shift out of tech stocks and into the industrials sector of the market. The Dow Jones rose 0.86%, the S&P500 gained 0.16% and the tech-heavy Nasdaq ended the day down 0.38%. Rising bond yields also pressured equities at the start of the week as investors shift to the relatively safer returns of bonds over equities when bond yields rise.In Europe overnight, markets in the region closed lower amid rising bond yields and a soaring USD. The STOXX 600 fell 0.55% on Monday, Germany's DAX lost 0.41%, the French CAC fell 0.3% and, in the UK, the FTSE100 ended the day down 0.3%.Across the Asia region on Monday, markets closed lower taking lead from Wall St on Friday and on the back of key economic data being released out of China. China's imports rose 1% in December, which significantly topped economists' expectations of a 1.5% decline while exports jumped 10.7% YoY which was also above the 7.3% rise markets were expecting. China's CSI index fell 0.3% on Monday, Hong Kong's Hang Seng lost 0.73% and South Korea's Kospi Index ended the day down 1.04%.The local market started the new trading week lower, ending the day down 1.2% as negative sentiment on the rate front in the US filtered into our local market on Monday. A stronger-than-expected jobs report out in the US on Friday dampened hopes of rate cuts out of the Fed anytime soon, which sparked the broad sell-off in Australia yesterday.Department store giant Myer tumbled over 23% yesterday after the retailer released an ‘in-line' trading update with flat growth amid challenging trading conditions during the high interest rate environment. The update dragged down shares in Premier Investments too by 16% as Premier is the largest shareholder in Myer.Meanwhile Insignia Financial rallied 2.43% after Bain Capital moved to match its takeover bid to that of CC Capital's $4.30/share as the race to take over one of Australia's leading wealth providers heats up.And Novonix tumbled almost 10% on Monday after the US Department of Energy didn't permit the battery materials producer access to specific tax credits to make it eligible for an additional loan to fund its Tennessee facility.What to watch today:Ahead of Tuesday's session on the ASX the SPI futures are anticipating the local market will open the day up 0.45%.On the commodities front this morning oil is trading 3% higher at US$78.89/barrel, gold is down almost 1% at US$2660/ounce and iron ore is flat at US$98.09/tonne.The Aussie dollar has slightly strengthened overnight against the greenback to buy US$0.61, 96.90 Japanese Yen, 50.64 British Pence and NZ$1.11.Trading Ideas:Bell Potter has increased the 12-month price target on Lynas Rare Earths (ASX:LYC) from $7.50 to $7.70 and maintain a hold rating on the rare earths producer ahead of the release of the company's 2QFY25 report on 17th January. The analyst is looking for commentary on ramp up and production guidance across the business given weaker than anticipated Rare Earth prices but increases the price target due to their blended forward EV/EBITDA picking up a greater portion of FY26.And Trading Central has identified a bullish signal on Ramelius Resources (ASX:RMS) following the formation of a pattern over a period of 22-days which is roughly the same amount of time the share price may rise from the close of $2.18 to the range of $2.46 to $2.52 according to standard principles of technical analysis.
Wall St closed sharply lower on Friday as a hot job report out in the US dampened expectations for further interest rate cuts out of the Fed this year. The Dow Jones fell 1.63%, the S&P500 lost 1.54% and the tech-heavy Nasdaq ended the day down 1.63%. In December US payrolls grew by 256,000 which was well above the 155,000 economists were expecting. While this strong jobs report is good to signal a robust economy, it is not good for market sentiment on the rate cut front as a strong labour market leads to higher income and consumer spending which in-turn drives inflation.The negative market sentiment flowed into the European region on Friday with markets in Europe also closing the day lower. The STOXX 600 fell 0.83%, Germany's DAX lost 0.5%, the French CAC slid 0.79% and, in the UK, the FTSE100 ended the day down 0.86%. Eurozone bond yields also rose on Friday which pressured equities in the region.Across the Asia region on Friday, markets mostly fell as real household spending in Japan declined 0.4% YoY in November while average real household income rose 0.7% in the same period. Japan's Nikkei fell 1.05%, China's CSI index lost 1.25%, Hong Kong's Hang Seng fell 0.95% and South Korea's Kospi Index ended the day down 0.24%.Locally on Friday the ASX200 fell 0.42% as all sectors aside from materials stocks ended the day in the red, led by financials stocks declining 1.17%. The miners had a much-needed relief rally following days of depreciation on the back of a rise in the price of iron ore, while the banks took the biggest hit on broker downgrades within the sector. Star Entertainment Group fell a further 15.8% on Friday, extending heavy losses into a third session as investor concerns grow over the future of the embattled casino operator.Insignia Financial on the other hand rallied over 2% on reports a 3rd bidder, Brookfield, is weighing up a bid for the superannuation and wealth giant.What to watch today:Ahead of the first trading session of the new week the SPI futures are anticipating the ASX will open the day down 0.86% tracking Wall St losses on Friday.On the commodities front this morning, oil is trading 3.6% higher at US$76.57/barrel, gold is up 0.6% at US$2685/ounce, and iron ore is flat at US$98.09/tonne.The Aussie dollar has further weakened to buy 61.48 US cents, 97.00 Japanese Yen, 50.35 British Pence and 1 New Zealand dollar and 11 cents.Trading Ideas:Bell Potter has downgraded the rating on Avita Medical (ASX:AVH) from a speculative buy to a speculative hold and have reduced the price target on the company from $4.60 to $3.50 after the company updated its guidance for FY24 with Q4 revenue now expected at US$18.4m which is well below the previously issued guidance range of US$22.3m to $24.3m amid a weaker response than expected from the recent launch of Recell Go.And Trading Central has identified a bullish signal on JB Hi-Fi (ASX:JBH) following the formation of a pattern over a period of 23-days which is roughly the same amount of time the share price may rise from the close of $96.40 to the range of $101.75 to $103.00 according to standard principles of technical analysis.
Wall St closed mixed overnight as investors assess future potential rate cuts from the Federal Reserve following continuous inflationary pressures. The Dow Jones gained a quarter of a percent, the S&P500 jumped 0.16% and the tech-heavy Nasdaq fell by 0.06%.Over in Europe, markets closed lower after regional economic sentiment fell in December, according to data. The STOXX600 closed Wednesday's trading session 0.27% lower with most major sectors closing in the red. Germany's DAX lowered by 0.05%, the French CAC lost nearly half a percent and over in the UK, the FTSE100 had a slight rise of 0.07%.Locally yesterday, CPI data was the key driver of investor sentiment which led to a 0.77% rise for the key index at the closing bell of the midweek session. Australia's monthly CPI data showed a rise of headline inflation to 2.3% in the 12-months to November, which is up from a the 2.1% reported in the year to October but indicates headline inflation remains in the RBA's target 2-3% range. Yesterday's gains were led by the materials and financial sectors which rose by 1.61% and 1.27% respectively. This was offset by the information technology sector which fell by 0.82% at the close of trade. What to watch today:The Australian share market is set to open lower, with the SPI futures suggesting a fall of 0.37% at market open this morning.On the commodities front this morning, Oil is trading 1.21% lower at 73 US dollars and 35 cents a barrel, gold is trading half a percent higher at 2663 US dollars an ounce and iron ore is trading 1.61% lower at 97 US dollars and 84 cents a tonne.Trading Ideas:Bell Potter initiated coverage on Austin Engineering (ASX:ANG) with a buy rating and a 12-month price target of $0.86. With a current share price of $0.52, that indicates a share price growth of 65.4% over the next 12-months, hence the buy rating is maintained.And Trading Central has identified a bearish signal in AVITA Medical (ASX:AVH), indicating that the share price may fall from the close of $3.51 to the range of $2.65-$2.85, on a pattern formed over 32 days, according to the standard principles of technical analysis.
Yesterday (17 October), Entain posted a positive Q3 trading statement, in which the FTSE100 gambling group cited confidence in achieving the year one objectives of its corporate reorganisation and new CEO Gavin Issacs reaffirmed the view that Entain should be viewed as a “highly attractive business”.And this will be the topic for the latest episode of iGaming Daily, supported by Optimove. Host Martyn Elliott, SBC's Project Director, is joined by Ted Menmuir, SBC's Content Director, and Conor Porter, Senior Journalist for CasinoBeats, to delve deeper into the results.The trio discuss how the group turned the corner in the UK, and if further growth could be hampered by potential tax hikes, whether its BetMGM joint venture is reaching a critical period and why Entian has such a positive position in Brazil ahead of the federal launch of the regulated gaming market in the country.Finally, to end the episode, they consider what is next for Entain in the final quarter of the year and try to decide if the company has had a good or bad 2024. To read more about what was discussed in today's episode, click on the following links:- https://casinobeats.com/2024/10/17/entain-q3-2024-uk-possible-tax-increase/- https://sbcnews.co.uk/featurednews/2024/10/17/entain-q3-gavin-ceo/Host: Martyn ElliottGuests: Ted Menmuir & Conor PorterProducer: Anaya McDonaldEditor: James RossRemember to check out Optimove at https://hubs.la/Q02gLC5L0 or go to Optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service.
Behavioral Change refers to the process of modifying an individual's actions, attitudes, and habits to improve their performance, productivity, and overall well-being in the workplace. “That which we need the most will be found where we least want to look.” Carl Jung Todd Holzman has dedicated his life to empowering the difference makers. As the founder of Holzman Leadership Todd's Real Work Process is used by CEO's, Senior Leaders, and HR Executives at numerous Fortunate 500, FTSE100, and Global 2000 companies to transform their leaders, cultures, and business results. He has taught leadership at Harvard's Kennedy School of Government and Columbia University, and clients include American Express, Bristol Myers Squibb, British Telecom, Editas, Nestle, and Red Bull. Favorite snack is pizza. Holzman Leadership LinkedIn Instagram Music-"Homesick" Copyright 2018. Written by Shireen Amini. Produced by Shireen Amini and Mike Davidson of Plaid Dog Recording (Boston, MA).
In this, our second and final look at the London Stock Exchange, we continue our look at this globally known entity. We look at the FTSE100 and the set up. Join us....
Managing and Engaging a Multi-Generational and Multi-Skilled Workforce Host: Mervyn Dinnen Guest: Catherine Hambleton-Gray, Chief People Officer at Eurocell PLC In this podcast interview Mervyn talks with Catherine Hambleton-Gray, Chief People Officer at Eurocell PLC, a FTSE100 listed company in the construction and building supplies sector. During the conversation they talk about Catherine's experiences of bringing a culture shift to an organisation with diverse people, needs and locations, helping to create a more engaged and purposeful workforce. During the conversation they discuss : The challenges of engaging a multi-generational and multi-skilled workforceConsistent, meaningful communications within a locationally diverse organisation Senior leader visibilityImproving engagementEstablishing initiatives around wellbeing, mental health and EDIBCreating a relevant and informative careers website to give new hires a better understanding of roles and prospectsObtaining, and acting upon, employee feedback Thanks for listening! Remember to subscribe to all of the HR Happy Hour Media Network shows on your favorite podcast app!
Nvidia, AMD, en Super Micro Computer. Het zijn drie AI-bedrijven waar beleggers verzot op zijn. Maar één van hen lijkt nu de boel bij elkaar te hebben gelogen. De boekhouding zou in elkaar zijn geknutseld en de omzet kunstmatig opgeblazen. Daar bleef het niet bij, want ook exportregels werden naar verluidt aan de laars gelapt. In deze aflevering hoor je om wie van de drie het gaat. Maar het is niet alleen maar kommer en kwel, want we vieren ook feest. We hangen de slingers alvast op voor Warren Buffett. Die blaast eind deze week 94 kaarsjes uit. En beleggers hebben samen al het cadeau voor hem klaarstaan, want zijn Berkshire Hathaway behoort nu tot een heel exclusief clubje. Het is nu één van de zeven bedrijven met een beurswaarde van meer dan 1 biljoen dollar. Waar de vlag niet uitgaat, is bij Volkswagen. De autobouwer krijgt niks meer voor elkaar, en zelfs bezuinigen lukt niet. Eigenlijk moest er dit jaar 4 miljard minder worden uitgegeven, maar dat gaan de Duitsers bij lange na niet redden. Sterker nog, er wordt nauwelijks íets bespaard. Ondertussen zit de concurrentie niet stil, want het Chinese Xpeng laat zien dat ze wél voor 'n habbekrats een elektrische auto in elkaar kunnen schuiven.See omnystudio.com/listener for privacy information.
My guest in this episode is Louis O' Connor. Louis is the Founder, and Principal of Strategic Metals Invest. We are the only industry supplier in the world to offer private investors the option to purchase and profit from owning Strategic Metals. The investment play is exactly the same paradigm as investing in Precious Metals, instead the investor is purchasing Strategic Metals. Strategic Metals have outperformed Gold (58%) , FTSE100 (3%), and S&P500 (112%) consistently for the past 5 years with a 175% average return for the same period. Right now, in North America the only obstacle to investors profiting from owning Rare Earths is that they don't know they can. We are Europe based, providing North American clients portfolio with much needed geographic diversification. Interview Links: Strategic Metals Invest https://strategicmetalsinvest.com/ Subscribe To Our Weekly Newsletter: The Wealth Dojo: https://subscribe.wealthdojo.ai/ Download all the Niches Trilogy Books: The 21 Best Cashflow Niches Digital: https://www.cashflowninjaprograms.com/the-21-best-cashflow-niches-book Audio: https://podcasters.spotify.com/pod/show/21-best-cashflow-niches The 21 Most Unique Cashflow Niches Digital: https://www.cashflowninjaprograms.com/the-21-most-unique-cashflow-niches Audio: https://podcasters.spotify.com/pod/show/21-most-unique-niches The 21 Best Cash Growth Niches Digital: https://www.cashflowninjaprograms.com/the-21-best-cash-growth-niches Audio: https://podcasters.spotify.com/pod/show/21-cash-growth-niches Listen To Cashflow Ninja Podcasts: Cashflow Ninja https://podcasters.spotify.com/pod/show/cashflowninja Cashflow Investing Secrets https://podcasters.spotify.com/pod/show/cashflowinvestingsecrets Cashflow Ninja Banking https://podcasters.spotify.com/pod/show/cashflow-ninja-banking Connect With Us: Website: http://cashflowninja.com Podcast: http://resetinvestingsecrets.com Podcast: http://cashflowinvestingsecrets.com Podcast: http://cashflowninjabanking.com Substack: https://mclaubscher.substack.com/ Amazon Audible: https://a.co/d/1xfM1Vx Amazon Audible: https://a.co/d/aGzudX0 Facebook: https://www.facebook.com/cashflowninja/ Twitter: https://twitter.com/mclaubscher Instagram: https://www.instagram.com/thecashflowninja/ TikTok: https://www.tiktok.com/@cashflowninja Linkedin: https://www.linkedin.com/in/mclaubscher/ Gab: https://gab.com/cashflowninja Youtube: http://www.youtube.com/c/Cashflowninja Rumble: https://rumble.com/c/c-329875
Today on the show we have Joe Leech, a Coach to CEOs with 18 years of tech experience, working with over 30 startups and FTSE100 giants.In this episode, Joe shares his insights on retaining top talent and preventing team churn.We discussed the common mistakes leaders make in micromanagement and hiring and we wrapped up by exploring effective onboarding strategies for new leaders.Mentioned ResourcesJoe Leech cxpartners Marriott.comeBayDavid Darmanin HotjarName It to Tame It Churn FM is brought to you by Vitally, the all-in-one Customer Success Platform and Chargebee, SaaS for effective revenue growth management.