Economic Updates
BlackRock, BLK.NYSE.
Blackrock has been slowly, consistently and quietly gathering assets across the globe. They are a multinational company whose main aim is to invest in industries and make as much money as possible. BlackRock, Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, initially as a risk management a...
Is the US Dollar at risk?
The US Dollar is as synonymous to us in life as the morning and night is. It has dominated as a reserve currency for decades. It’s paved the way for the United States to become the superpower that it is today, and be able to wield influence around the world, as it sees to work with other nations by investing or ramp up trade to keep the statu...
Buy now, pay later sector suffers a loss of confidence
Investor’s confidence in the buy now, pay later sector has taken a massive hit as Nasdaq-list Affirm halted an important bond sale last Friday. This was a result of an investor backing out due to the growing levels of credit rate volatility. Affirm share prices have taken a hit in response to Bloomberg’s report but have steadily recovere...
ASX’s market volatility stabilised with record setting dividends
Investors in Australian-list companies will receive a wave of cash into their bank accounts over the following months. This will provide some much needed stability for the Australian Stock Exchange as investors celebrate the richest recorded interim reporting session in corporate history. February’s earnings season had a record $36.3 billion i...
IGO’s big buyout delayed by nickel’s current volatile prices
IGO is a Nickel, Gold and Copper-Zinc silver mining, development and exploration company. They are based in Western Australia and control an array of mining companies. The London Metals Exchange (LME) halted nickel trading on March 8th after an unprecedented price spike. This has forced IGO to delay their $1.09 billion buyout of Western Areas. T...
How the Russia/Ukraine conflict is affecting global IPOs
All prices in this article will be in USD unless otherwise stated. The conflict between Russia and Ukraine and the prospect of central banks tightening policies has led to IPO hopefuls, from around the world, withdrawing their floats. According to Dealogic, a record 25 IPOs have been withdrawn in the US. These companies had a potential value ...
How has Natural Gas been affected by Sanctions?
Natural gas like many other energy sectors, is not bulletproof when it comes down to volatility. It’s not hard to imagine that any destabilization of large producers or consumers within the industry would have a direct impact in its spot price, as investors are spooked of the possibility of supply chains suffering from strains in Geopolitical...
Inflation fears leads to a Bearish equity market
Equity investors have gone through another rocky week. A week highlighted by the first post-pandemic interest rate hike by the US Federal Reserve, the on-going Russia and Ukraine conflict and the surging fuel prices that could potentially derail the global economic recovery. Australian equity futures increased 0.3% on Monday, despite the aforeme...
Myer announces first dividend payout since 2017
Myer is an Australian mid-range to upscale department store chain. It trades in all Australian states. Myer retails a broad range of products from clothing and cosmetics to homewares and electronics. Myer has recently released their <a href="https://www2.asx.com.au/markets/company/myr">half-year results</a>. In the first five weeks o...
Oracle latest financial results announced
Oracle Corporation reported its fiscal 2022 third quarter financial results after the closing bell on Wall Street today. The US software and hardware manufacturer reported revenue of $10.513 billion vs. $10.506 billion expected. Earnings per share at $1.13 per share, falling short of analyst estimate of $1.18 per share. The company also an...
JD.com Q4 numbers are in
JD.com Inc. (JD) announced its fourth-quarter earnings numbers on Thursday. The Chinese e-commerce company reported revenue of $43.422 billion (up by 23% year-over-year), slightly above Wall Street analysts forecast of $43.186 billion. Earnings per share reported at $0.35 per share vs. $0.28 per share expected. ''We are pleased to finish t...
Iron ore skyrockets to six-month high as China eases Covid-19 restrictions
Iron ore prices have continued to rally to a six-month high this week, due in part to reports of potential easing of China’s strict COVID-19 policy and their signs of improved steel demand. The Singapore Exchange has the iron ore futures price reaching $165 USD a tonne on Tuesday, this is the highest level since July 2021. The price inc...
How to find stocks to trade?
Identifying Trade Opportunities Having a successful trading system requires a mix of different cogs working together in harmony to achieve successful outcomes. At the very beginning of this system is identifying companies, commodities, or currency pairs to trade. Finding ‘in play’ opportunities can be a challenge and take time to understand....
Commodities’ record high prices wreaking havoc for inflation
A sudden rapid increase in commodity prices, propelled by supply concerns stemming from the Russia and Ukraine conflict, has brought about inflationary pressure and moved future inflation expectation. The increase has also pushed indices into a bear market and caused some volatility in global equities. Nickel, European gas and wheat have all...
Gold pushes through $2000 as demand grows during uncertain times
Gold has seen a resurgence in the past few weeks on the back of inflationary pressure and geopolitical tensions in Ukraine and Russia. Prior to the conflict, the price of Gold was hovering around $1,800 USD per ounce. After pushing through $2000 USD per ounce the price is now moving closer to its all-time high at $2070. The rise in other commodi...