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Press and Media Mentions
ASX Update: Banks lead cautious rebound
Featured On: Market Herald
Bank and energy stocks hit ten-month highs as the ASX shrugged off weak leads from Wall Street. The S&P/ASX 200 climbed 14 points or 0.2 per cent by mid-session, aided by a fleeting rebound in US futures.
Read Original Article...The 2021 Travel Guide – Measures That Will Keep You Safe From COVID-19
Featured On: global travel media
2020 was notoriously disastrous for most of the countries in the world. The unprecedented year’s holiday season saw the coronavirus-induced restrictions severely impacting travel plans. In the United States, the number of travellers in 2020 was way below relative to 2019. So much so, many Americans are still unsure about making any holiday travel plans. However, some enthusiastic travellers have begun to venture out.
Read Original Article...What to expect from the markets after a volatile week in the US
Featured On: moneymag
A week in American politics like no other: a Democrat victory in Georgia's Senate runoff election and a siege on the US Capitol building. The markets certainly didn't expect it, but what should we expect from the markets? "The market had a one-way bet that the Republicans were going to win both seats in the Georgia runoff... but as we found out that didn't happen, and that changes a lot," says Deep Data Analytics CEO Mathan Somasundaram. But the changes haven't been immediate. So far, markets have been a lot less volatile than the political backdrop.
Read Original Article...ASX Update: Market outstrips Wall Street gains
Featured On: Market Herald
Shares bolted higher, outpacing gains in the US where investors bet the long-term benefits of higher stimulus spending under a Democrat-controlled Congress would outweigh short-term turmoil in Washington. The S&P/ASX 200 rallied 119 points or 1.8 per cent to 6726 by mid-session. The advance reversed yesterday's fall and lifted the index above 6700 for the first time this year.
Read Original Article...ASX Close: Best session in two months
Featured On: Market Herald
The ASX rode a blue wave of Wall Street stimulus optimism to its biggest gain in two months as investors looked beyond turmoil in Washington. The S&P/ASX 200 surged 105 points or 1.6 per cent to 6712, the index's first finish above 6700 this year. The rally lifted the index to within 50 points of its mid-December pandemic recovery peak. The market finished near its high as US futures hinted at more to come tonight. S&P 500 futures were last up 19 points or 0.5 per cent as politicians moved closer to ratifying Joe Biden as the next president of the United States.
Read Original Article...As it happened: ASX sheds 1.1% with Georgia hanging in the balance
Featured On: sydney morning herald
Kunal Sawhney, the chief executive of independent equities research firm Kalkine Group, said investors could be in for a rocky ride until the ramifications of the result are known and understood. However, he also said any volatility may also be short-lived. “While some volatility can grip financial markets in the near-term amidst prevailing uncertainty, the share market is unlikely to surpass volatility levels experienced in 2020,” Mr Sawhney said. “Additional stimulus from the policymakers and rollouts of COVID-19 vaccines are further expected to stimulate (the) ASX 200’s recovery in 2021.”
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