Market updat
Historic Arrest of South Korea’s Impeached President Marks a New Era in Political Turmoil
January 15, 2025 02:36 PM AEDT| By Team Kalkine MediaHighlights,South Korea’s impeached President Yoon Suk Yeol arrested after controversial martial law declaration.,Unprecedented event in South Korea’s history, marking the first arrest of a sitting president.,Impeachment also leads to political instab...
China's Central Bank Boosts Liquidity Amid New Year Cash Crunch
January 15, 2025 02:32 PM AEDT| By Team Kalkine MediaHighlights,China’s central bank injects over $210 billion into the financial system.,The move aims to address cash shortages before Lunar New Year.,Efforts to maintain liquidity support despite pressures on the yuan.,The People’s Bank of China (PBOC)...
Surprising December Wholesale Inflation Data Lifts Market Optimism
January 15, 2025 01:13 PM AEDT| By Team Kalkine MediaHighlights,U.S. producer prices rise by just 0.2% in December, surprising economists.,Major,drop in vegetable prices helps reduce inflation pressures.,Market,reacts positively with,modest,uptick in,S&,P 500.,In December, the U.S. wholesale inflation...
How Undervalued ASX Stocks Can Lead to Strong Gains: The "Dogs of the ASX" Strategy
January 15, 2025 12:48 PM AEDT| By Team Kalkine MediaHighlights,Look for undervalued ASX stocks that could see rebounds after a tough period.,Companies going through a management revamp may offer great turnaround potential.,The ASX 200 saw uneven performance in 2024, with a few stocks playing key roles...
Australian Stock Market on the Rise; Baby Bunting (ASX:BBN) Soars Following Strong Profit Report
January 15, 2025 12:45 PM AEDT| By Team Kalkine MediaHighlights,Australian,sharemarket,edges higher, driven by gains in real estate stocks.,Property,sector leads the way, with Stockland (,ASX:SGP,) and Mirvac (,ASX:MGR,) showing notable rises.,Baby Bunting (,ASX:BBN,) sees a dramatic 7% surge following...
ACCC Launches Public Inquiry into Uniti's Pricing Amid Customer Concerns
January 15, 2025 11:48 AM AEDT| By Team Kalkine MediaHighlights,ACCC initiates review,on,Uniti's pricing practices.,Opticomm's,fees exceed NBN's by $8 per month.,Interim rules implemented to ensure fair access.,The Australian Competition and Consumer Commission (ACCC) has launched a public inquiry into...
SEC Targets Elon Musk Over Delayed Disclosure of Twitter Stock Purchase
January 15, 2025 11:47 AM AEDT| By Team Kalkine MediaHighlights,SEC sues Elon Musk over delayed Twitter ownership disclosure.,Musk,accused,of underpaying $150M for Twitter stock.,Legal scrutiny intensifies following Musk’s controversial Twitter acquisition.,Elon Musk is facing a legal battle with the U...
ASX 200 Futures Point to Modest Gains Amid Global Market Anticipation of US CPI Data
January 15, 2025 11:09 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 futures,indicate,a slight rise of 10 points (+0.12%) as of 8:30 AM AEDT, with the market awaiting pivotal US inflation data.,US markets experienced a choppy session with light volumes, while defensives and rate-sensitive sectors o...
Gold explorers have transformed from unnoticed to highly favored as investors seek valuable opportunities beneath the surface.
January 15, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Junior gold miners on the ASX experience significant growth amid rising gold prices.,Market attention shifts towards established and emerging mining companies focused on resource development.,Strategic approaches emphasize deeper explorati...
Miners Propel ASX Higher as Iron Ore Hits $US100; Ingenia Leads the Way
January 14, 2025 05:54 PM AEDT| By Team Kalkine MediaHighlights,Mining sector boosts ASX, with iron ore prices surpassing $US100 per tonne.,Ingenia Communities (INA) climbs 15% after raising financial guidance.,Star Entertainment (SGR) gains 12% amid significant investor interest.,The Australian sharem...
Tesla's Future: Potential $800 Share Price Amid AI and Autonomous Growth
January 14, 2025 04:03 PM AEDT| By Team Kalkine MediaHighlights,Tesla's (TSLA) share price could reach $800, predicts Morgan Stanley.,Autonomous mobility and AI advancements drive investor interest.,Tesla Mobility and Network Services may redefine recurring revenue models.,Tesla (NASDAQ:TSLA) has once...
ASX Sees Slight Uptick, Fuelled by Mining Stocks and a Star Entertainment Surge
January 14, 2025 02:40 PM AEDT| By Team Kalkine MediaHighlights,ASX edges higher as sectors rebound with broader market gains.,Banks and retailers hold the index back amid mixed trading sentiment.,Star Entertainment (SGR) sees surge after mystery Macau investor's purchase.,The Australian sharemarket sa...
American Exceptionalism Shakes Australian Markets: A Closer Look at the Impact on ASX Stocks
January 14, 2025 01:45 PM AEDT| By Team Kalkine MediaHighlights,US jobs report pushes markets to reconsider Federal Reserve's policy, affecting ASX performance.,Strengthening US dollar makes an impact on Australian exports and inflation outlook.,Growth stocks like (NWH), (HUB), (PME), and others hit ha...
Deloitte Australia Appoints Joanne Gorton as New CEO Amid Growing Industry Transformation
January 14, 2025 01:41 PM AEDT| By Team Kalkine MediaHighlights,Joanne Gorton to take on CEO role of Deloitte Australia starting February 1.,Gorton brings over 20 years of experience, focusing on client service and technological innovation.,Deloitte Australia's leadership transitions during a challengi...
Hedge Funds Continue Bearish Stance on the Australian Dollar Despite Market Movements
January 14, 2025 01:21 PM AEDT| By Team Kalkine MediaHighlights,Hedge funds,maintain,significant short positions on the Australian dollar.,Real money accounts reduce bearish bets amidst Aussie dollar volatility.,Australian dollar hits a five-year low, despite a temporary uptick.,The Australian dollar h...
US Dollar Weakens on Reports of Gradual Tariff Increases Under Trump Team Strategy
January 14, 2025 01:19 PM AEDT| By Team Kalkine MediaHighlights,US Dollar drops after news of gradual tariff hike plans.,Federal,Reserve may gain more flexibility with inflation under control.,Global markets respond to shifts in US trade policy approach.,The US dollar experienced a notable decline agai...
China Eyes Potential TikTok Sale to Elon Musk Amid US Ban Threat
January 14, 2025 12:29 PM AEDT| By Team Kalkine MediaHighlights,Chinese officials discuss potential TikTok sale to Elon Musk if US ban takes effect.,TikTok’s parent, ByteDance (BDNCE), resists the acquisition plan.,Legal battle ongoing as TikTok appeals to the US Supreme Court.,In an intriguing twist f...
ASX Edges Higher on Broad Gains; Star (ASX:SGR) Rallies 12% Amid Mystery Buyer’s Return
January 14, 2025 12:27 PM AEDT| By Team Kalkine MediaHighlights,The Australian,sharemarket,gains with positive movement across multiple sectors.,Energy stocks rise with Brent crude, while mining giants,benefit,from iron ore price increases.,The Star (SGR) rises sharply as a mystery investor,purchases,s...
ASX Rises with Broad Gains; City Chic Soars Nearly 20%
January 14, 2025 11:32 AM AEDT| By Team Kalkine MediaHighlights,ASX rebounds, led by energy and mining sectors.,City Chic (CCX) surges,nearly 20%,on holiday sales.,Telix,Pharmaceuticals (TLX) posts significant revenue growth.,The Australian share market started strong, rebounding from a two-week low as...
Top 5 Resources: Investors Thrilled by Scorpion's Golden Arrow Success
January 14, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Scorpion Minerals Expands Footprint,: The company secures a farm-in agreement to enhance exploration efforts in Western Australia.,Cavalier Resources Progresses Towards Production,: Advancements in approvals and funding mark a step forwar...
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