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Markets continue to search for signs of the 'V' shaped recovery. Forward looking data out today showed that Australian manufacturing and services industries are expecting a quick recovery p...
Carl Capolingua 22/06/2020
Weekly Shanghai Futures Exchange warehouses report shows fundamentals for copper remain strong. Other metals also well supported.
While gold is undoubtedly boosted by haven flows due to the economic damage caused by the pandemic as well as concerns over a second wave, there is little doubt that the metal is also finding good ...
Fawad Razaqzada 22/06/2020
In a webinar hosted by the Australian National University Monday, RBA Governor Philip Lowe mused about the recent strength in the Australian Dollar (AUD), and so-called 'Zombie' companies.
One the one hand, strong demand resulting from infrastructure construction projects boosted by Beijing stimulus, and on the other, weaker global demand due to the Coronavirus shutdown at home and a...
James Hardie Industries (JHX) on Monday raised its first-quarter operating profit-margin forecast for its North American business.
Here is our week ahead preview for the week commencing 22nd June 2020.
Fawad Razaqzada 19/06/2020
Bank of England has decided to leave interest rates unchanged, at 0.1%, and increased its bond-buying programme by £100bn to £745bn.
Fawad Razaqzada 18/06/2020
It appears as though investors are hopeful that as medical professionals get closer to finding effective treatments and a vaccine for covid-9 patients, that the pandemic might soon be declared over...
Fawad Razaqzada 17/06/2020
Retail spending in May surged by the biggest one-month increase of all time, and April was revised to a smaller drop than initially reported.
Fawad Razaqzada 16/06/2020