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Press and Media Mentions
ASX nudges 7100 as blue-chips fire; Pepper sags on ASX debutgs on ASX debut
Featured On: The Sydney Morning Herald
Chief executive of market analysis firm Kalkine, Kunal Sawhney, said “digital currency seems to be regaining the ground lost during the weekend panic selling sparked by renewed signs of a Chinese crackdown on the mining and trading of Bitcoin”.
Read Original Article...ASX Close: Volatile week fizzles out
Featured On: The Market Herald
Kalkine Group CEO Kunal Sawhney said this week's volatility across several markets reflected broader concerns about the implications of rising inflation on monetary policy.
Read Original Article...ASX Update: Miners, CBA douse early rally
Featured On: The Market Herald
"The recent synchronisation seen between Bitcoin price movement and the US equity market following the cryptocurrency market crash appears alarming. Surprisingly, the US stocks have been closely tracking losses and recovery in the cryptocurrency market over the past two days, moving in line with investors’ appetite for riskier assets," Kalkine Group CEO Kunal Sawhney said.
Read Original Article...The Travel “Green-List” System: A Boon Or A Bane?
Featured On: Global Travel Media
With countries limiting the spread of COVID-19, the tourism industry has begun to look ahead to a brighter future where travel and hospitality are once again commonplace. Earlier in May 2021, the UK government released a new “traffic light system” for travel. Under the system, countries are divided into three categories based on their revival from COVID-19. The divisions are green, amber and red.
Read Original Article...ASX Update: Four-week low as caution sets in
Featured On: The Market Herald
The share market's three-session winning run came to a crashing halt as a broad sell-off drove the benchmark to its lowest in nearly a month. The S&P/ASX 200 dived 134 points or 1.89 per cent to a level last seen on April 21. All 11 sectors declined. All 20 of the market juggernauts of the S&P/ASX 20 retreated. Iron ore miners were pressured by a Chinese threat to ramp up domestic production. Fintech EML Payments briefly crashed more than 50 per cent after revealing regulatory problems in Europe.
Read Original Article...ASX Close: Stocks, crypto dive as jitters increase
Featured On: The Market Herald
The share market suffered its biggest setback since February, finishing at a six-week low as negative US futures compounded overnight falls on Wall Street. The S&P/ASX 200 slumped 134 points or 1.9 per cent as all 11 sectors declined. The loss was the index's heaviest since a 161-point dive on the last session of February. Roughly nine out of ten stocks on the ASX 200 declined. None of the heavyweights of the S&P/ASX 20 advanced.
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