Market updates

Aussie Market Set for Mild Dip After Holiday Break
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaKey Highlights:,ASX 200 Expected to Open Lower,: The Australian stock market is anticipated to start the day with a modest dip of -0.09%, following a two-day break during the Christmas and Boxing Day period.,Global Market Influence,: The Australian m...

Apple (NASDAQ:AAPL) Targets $325 Amid AI-Driven iPhone Optimism
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Apple (AAPL) target raised to $325 on AI-powered iPhone prospects.,- Record iPhone unit sales forecast for fiscal year 2025.,- Fixes coming soon for iOS 18.2 issues with the release of iOS 18.2.1.,Apple (NASDAQ:AAPL) continues to draw at...

RBA Signals Possible Rate Changes Amid Stabilizing Inflation
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- RBA minutes suggest stabilizing inflation could pave the way for rate adjustments.,- Mixed economic indicators show both progress and challenges for Australia.,- Potential policy changes depend on continued inflation control and economic...

ASX Continues Post-Holiday Rally Amid Strong Commodity Prices and Sector Gains
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,ASX Gains Supported by Commodities and Sector Strength,: The S&P/ASX 200 (ASX:XJO) advanced 0.5% in the first trading session after Christmas, driven by gains in materials and energy sectors, along with strong performances from consumer di...

Victorian Liberal Party Sees Leadership Shift: Brad Battin Takes Charge
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Brad Battin replaces John Pesutto as the leader of the Victorian Liberal Party.,- Nepean MP Sam Groth becomes the deputy leader.,- Key priorities include addressing cost of living, crime, finances, and infrastructure.,In a significant po...

Government Faces Criticism Over Future Fund Mandate Revisions
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Government faces potential criticism over Future Fund changes.,- Investment mandate emphasizes national priorities and infrastructure.,- Economists question claims about risk and return balance.,The federal government is addressing poten...

Retirees Losing Funds by Delaying Pension Applications
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Delayed pension applications can result in lost funds.,- Rules for eligibility are more flexible than many retirees believe.,- Online tools simplify pension calculations for retirees.,Procrastinating on pension applications can have sign...

Australia’s AAA Credit Rating at Risk Amid Surging State Debts
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Australia's AAA credit rating faces pressure due to rising state debts.,- Fitch warns state infrastructure spending elevates financial risks.,- Victoria leads in debt levels, impacting economic stability.,Australia’s AAA credit rating is...

Polysilicon Futures Debut on Guangzhou Futures Exchange to Enhance Market Transparency
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Guangzhou Futures Exchange launches polysilicon futures trading to standardize pricing.,- Over 300,000 lots of polysilicon futures traded on the opening day.,- Polysilicon is essential for solar cells and silicon-based technology.,The Gu...

Netflix Shatters NFL Streaming Records with Christmas Day Broadcast
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Netflix (NFLX) achieves record-breaking NFL viewership on Christmas Day.,- Historic partnership with the NFL results in a massive audience across age groups.,- Beyonce's halftime show draws peak viewers during the groundbreaking broadcas...

Floki DAO Eyes 2025 Launch for European Memecoin ETP
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Floki DAO plans to launch a European ETP in early 2025.,- Proposal submitted for liquidity provision using Floki tokens.,- Floki also emphasizes education with its University of Floki initiative.,Floki DAO, the governance organization fo...

XRP ETF Buzz and DOGEN’s Meme Token Dominance Spark Crypto Enthusiasm
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- XRP speculation fuels crypto excitement and altcoin interest.,- DOGEN emerges as a strong contender in the meme token space.,- XRP and DOGEN highlight unique use cases in the evolving market.,Speculation surrounding the launch of an,exch...

ASX Holds Steady as Global Markets Show Mixed Trends
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- ASX trades flat ahead of early market closure for holidays.,- Health Care and Real Estate sectors lead gains, while Industrials lags.,- Nasdaq rallies overnight, driven by semiconductor giants.,The Australian Securities Exchange (ASX) is...

Australian Market Poised for Positive Opening Amid US Tech Surge
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Australian sharemarket set to open higher following gains in US tech stocks.,- Key performers in US markets include Nvidia (NASDAQ:NVDA) and Tesla (NASDAQ:TSLA).,- RBA minutes expected to provide insights into upcoming interest rate deci...

RBA Highlights Economic Uncertainty Amid Cooling Demand
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- RBA board acknowledges economic growth slowing more than anticipated.,- Labour market and retail sales data show mixed signals of resilience.,- Key data on labour, inflation, and expenditure to shape February decisions.,The Reserve Bank...

Transforming Retail: Visa’s AI-Powered Evolution in Payments and Loyalty Programs
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Visa explores AI to revolutionize payments and loyalty programs.,- Focus on enhancing customer experiences with innovative technology.,- Major investments in AI and technology redefine retail solutions.,Visa (NYSE:V) is charting a new co...

Sanlam Faces Compliance Review for Inadequate Supervision of Fintechs
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- ASIC orders compliance review of SLA over supervisory lapses.,- Investigation uncovers failures in oversight of fintech representatives.,- Concerns grow over "license for hire" model in financial services.,The Australian Securities and I...

RBA Signals Easing Bias: Key Takeaways for Monetary Policy Outlook
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- RBA minutes reveal an easing bias in monetary policy for the first time this cycle.,- Analysts anticipate a rate adjustment by February based on economic data trends.,- Insights reflect evolving guidance on future cash rate decisions.,Th...

Santa Rally Sparks ASX Surge Led by Financials and Big Four Banks
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- ASX closes in positive territory with financials leading the surge.,- Big four banks shine, propelling the financial sector upwards.,- News Corp and Telstra gain on blockbuster Foxtel deal announcement.,The Australian share market saw a...

WA’s GST Advantage Fuels Controversy Over Revenue Distribution
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Western Australia collects significant GST and mining revenue compared to other states.,- Federal politics influence the distribution of GST funds.,- Cash surpluses in WA contrast with deficits in other states and territories.,Western Au...

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