Market updat
China's Core Inflation Gains Momentum: Policy Support Steadies the Economy
January 09, 2025 01:45 PM AEDT| By Team Kalkine MediaHighlights,Core inflation rises 0.4%, signaling the impact of policy measures.,Headline inflation drops to a nine-month low,,mainly due,to weather volatility.,Experts warn that the economic support from stimulus measures may be temporary.,In December...
ASX Struggles Amid Economic Concerns as Key Stocks Drop
January 09, 2025 12:52 PM AEDT| By Team Kalkine MediaHighlights,ASX,200 index suffers a 0.4% decline with broad-based sector losses.,Retail sales data raises concerns about interest rate cuts.,Star Entertainment (SGR) and Lovisa (LOV) face heavy losses.,The Australian stock market experienced another r...
Australian Retail Sales Dip Despite Boost from Black Friday Events
January 09, 2025 11:54 AM AEDT| By Team Kalkine MediaHighlights,Australian retail turnover rose by 0.8% in November 2024, below expectations.,Growth,observed,in September and October 2024, although November results fell short.,Black Friday events played,a major role,, extending over the entire month.,I...
ASX Retreats After Five-Day Rally Amid Retail Sales Concerns
January 09, 2025 11:30 AM AEDT| By Team Kalkine MediaHighlights,Australian markets ended a five-day rally as retail sales data raises rate concerns.,Energy, mining, and banking sectors led the decline amid falling oil prices.,Star Entertainment (SGR) saw a steep decline due to cash flow concerns.,Austr...
ASX 200 Poised for Gains Amid Tech Recovery and Resource Updates
January 09, 2025 11:22 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 futures signal rebound:,Futures up 55 points or 0.69%,,indicating,the ASX 200 may end its three-day losing streak.,Tech-led rally boosts Wall Street:,S&P 500 posted its best session since June, led by gains in Tesla, Nvidia, and A...
The prospects for Microsoft's data center development are promising news for local stakeholders.
January 09, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Microsoft's reaffirmation of AI-based data center projects bolsters NextDC's trajectory.,Increased capital allocations support ongoing infrastructure development.,Regulatory developments favor NextDC's Sydney data center expansion.,Micros...
ASX Gains Nearly 1% as Financials and Miners Lead Rally
January 08, 2025 04:29 PM AEDT| By Team Kalkine MediaHighlights,Cooling inflation boosts market confidence amid potential rate cuts.,Financial heavyweights CBA and NAB rise over 2%, driving the ASX upward.,Miners recover as key stocks like BHP and RIO rebound from recent losses.,The Australian sharemar...
Historic Tax Fraud Case: First U.S. Citizen Convicted for Bitcoin Tax Crimes
January 08, 2025 03:00 PM AEDT| By Team Kalkine MediaHighlights,The first U.S. citizen faces sentencing for tax crimes tied to cryptocurrency.,A court ruling mandates disclosure of private passcodes linked to $124M in Bitcoin assets.,Ahlgren’s tax fraud case spotlights Bitcoin’s growing relevance in ta...
Citi Stands Firm on its Outlook for No Rate Cut in February Despite Market Speculation
January 08, 2025 02:41 PM AEDT| By Team Kalkine MediaHighlights,Citi sees May as the likely time for RBA rate cut, not February.,Core inflation and low unemployment rates keep the central bank cautious.,Growing market expectations for an earlier reduction.,Recent market speculation suggests that the Re...
The Global Job Landscape by 2030: Unveiling 78 Million New Opportunities & Critical Skills Gap
January 08, 2025 01:42 PM AEDT| By Team Kalkine MediaHighlights,78 million new jobs will,emerge,globally by 2030.,AI, technology, and human resilience skills are critical to workforce transformation.,63% of employers,identify,skills,gap as the biggest barrier to business progress.,The World Economic Fo...
Understanding Australia's CPI Surge and Its Impact on Key Sectors: What You Need to Know
January 08, 2025 01:11 PM AEDT| By Team Kalkine MediaHighlights,CPI climbed by 2.3% over the year to November, slightly surpassing expectations.,Electricity prices,witnessed,a dramatic 21.5% drop, while automotive fuel saw a decrease of 10.2%.,The Reserve Bank is looking ahead to potential rate cuts, d...
Job Vacancies Surge in November as the Australian Job Market Shows Resilience
January 08, 2025 01:09 PM AEDT| By Team Kalkine MediaHighlights,Job vacancies rose for the first time since May 2022.,Customer-facing industries, like arts, recreation, and food services, saw the highest growth.,The South Australian job market outshone others with a notable 17.7% increase.,The Australi...
ASX Gains Ground as Inflation Cools, Avita Medical Faces Setback
January 08, 2025 12:59 PM AEDT| By Team Kalkine MediaHighlights,Core inflation drops, leading to a recovery in the ASX.,Miners show,strong performance,, while uranium stocks take a hit.,Avita Medical (AVH) downgraded revenue outlook, causing a sharp dip.,The Australian sharemarket saw a positive shift...
Market Outlook: ASX Faces Potential Decline as Wall Street Sells Off Amid Disappointing Economic Data
January 08, 2025 11:54 AM AEDT| By Team Kalkine MediaHighlights:,Australian shares are expected to open modestly lower, with futures showing a reversal of earlier gains. Tech stocks, particularly Nvidia, saw significant declines, following a report showing an ongoing expansion in the services sector in...
Why 2024's Market Winners Should Be the Focus for Investors
January 08, 2025 11:43 AM AEDT| By Team Kalkine MediaHighlights:,MST Marquee recommends sticking to top-performing stocks rather than chasing underperformers in 2024.,The “dogs of the Dow” strategy, once popular, faces challenges in the current market environment.,Some fund managers,remain,optimistic a...
Grant Thornton UK Partners with Cinven for Strategic Growth Investment
January 08, 2025 11:39 AM AEDT| By Team Kalkine MediaHighlights,Grant Thornton UK secures major investment from Cinven, a global private equity firm.,Transaction,set,to close by Q1 2025, enhancing,firm’s,growth trajectory.,Partners will,maintain,significant ownership while gaining financial backing fro...
ASX Poised for Flat Start Amid Inflation Data and Global Market Trends
January 08, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 Futures,indicate,a cautious start with a focus on upcoming inflation data from the ABS.,Global markets faced declines, with US indices reversing gains and European markets showing mixed performances.,Commodities saw varied movemen...
Inflation Concerns and Wall Street Weakness Weigh on ASX: Avita Medical (ASX:AVH) Leads Losses
January 08, 2025 11:17 AM AEDT| By Team Kalkine MediaHighlights,Australian share market opens lower amid inflation concerns.,Avita Medical's guidance downgrade drives a sharp decline.,Mixed performance seen across key sectors and major companies.,The Australian share market experienced a subdued start...
ASX 200 Expected to Decline Amid Rising US Yields and Market Volatility
January 08, 2025 11:16 AM AEDT| By Team Kalkine MediaHighlights:,The ASX 200 futures point to a 0.12% decline, influenced by weak US markets and soaring Treasury yields.,US indices, including the S&P 500 and Nasdaq, fell significantly as bond yields climbed to nine-month highs.,Australian inflation dat...
BlackRock’s $18.4 Trillion Perspective: 3 Key Lessons for 2025
January 07, 2025 04:07 PM AEDT| By Team Kalkine MediaHighlights,BlackRock outlines three key investment lessons for 2025.,Structural mega trends take precedence over business cycles.,Volatility and rapid transformation present both challenges and opportunities.,As 2025 begins, global investment strateg...
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