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Press and Media Mentions
Gains in financials, BHP lift Australia stocks
Featured On: Business Times
"The major banks are also seen to be harnessing the benefits of a recent uptick in Australian 10-year bond yield, which seems to have increased the attractiveness of the financial stocks,” said Kunal Sawhney, chief executive of equity research firm Kalkine Group.
Read Original Article...ASX Update: Four-week high as optimism grows
Featured On: The Market Herald
“Concerns loom that rising prices will put upward pressure on the input costs of corporates, which will eventually pass on high prices to consumers,” Kalkine Group CEO Kunal Sawhney said. “Besides, speculations are rife that higher energy prices could trigger demand destruction and cap US economic growth, which might lead to a return of 1970s style ‘stagflation’.”The rise in yields increases pressure on the Reserve Bank to raise official rates sooner than current guidance implies.“Rate hike bets have surged amid a more complex inflation scenario with less transitory elements in advanced economies like the US and New Zealand. Fears loom that the underlying inflationary pressures could build more quickly than currently envisaged in Australia, prompting the RBA to scale back pandemic-era stimulus,” Mr Sawhney said.
Read Original Article...Gains in financials, BHP lift Australia stocks
Featured On: XM
"The major banks are also seen to be harnessing the benefits of a recent uptick in Australian 10-year bond yield, which seems to have increased the attractiveness of the financial stocks,” said Kunal Sawhney, chief executive of equity research firm Kalkine Group.
Read Original Article...Gains in financials, BHP lift Australia stocks
Featured On: Nasdaq
"The major banks are also seen to be harnessing the benefits of a recent uptick in Australian 10-year bond yield, which seems to have increased the attractiveness of the financial stocks,” said Kunal Sawhney, chief executive of equity research firm Kalkine Group.
Read Original Article...As it happened: ASX closes 0.1% lower as large miners drag
Featured On: WA Today
"As we look ahead, the fate of the equity market seems to rely on the wall of US corporate earnings due over the next two weeks and the direction of commodity prices,” Kalkine Group chief executive Kunal Sawhney, said.
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As it happened: ASX closes 0.1% lower as large miners drag
Featured On: The Age
"As we look ahead, the fate of the equity market seems to rely on the wall of US corporate earnings due over the next two weeks and the direction of commodity prices,” Kalkine Group chief executive Kunal Sawhney, said.
Read Original Article...