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Press and Media Mentions
Gains in financials, BHP lift Australia stocks
Featured On: Reuters
"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 Close: Earnings overshadow rates, inflation worries
Featured On: The Market Herald
“Strong corporate earnings helped counter concerns emerging from elevated inflation,” Kalkine Group CEO Kunal Sawhney said. “Investors were primarily impressed with the earnings at Johnson & Johnson and Travelers Cos., which were better than analyst expectations.“While investors kept looking for signs that profit margins might be affected by higher costs, corporate earnings managed to overshadow concerns around supply chain disruptions and the COVID-19 Delta variant.”“Concerns loom that rising prices will put upward pressure on the input costs of corporates, which will eventually pass on high prices to consumers,” Mr 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’.”
Read Original Article...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...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: The Sydney Morning Herald
"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...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.
Read Original Article...