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Press and Media Mentions
ASX Update: US watchdog targets BNPL; miners, banks advance
Featured On: The Market Herald
“The surge in gold prices can be credited to the much-anticipated Fed’s bond tapering announcement, which was just a bit more hawkish than market expectations. It seems that investors are hedging the potential economic risks from the Omicron variant via safe-haven assets,” Kalkine Group CEO Kunal Sawhney said.“The Nasdaq Composite recorded its worst day in the last 11 weeks,” Kalkine’s Sawhney said. “The pullback in the stock market was primarily driven by the technology shares that slid as investors evaluated central banks’ moves to fight rising inflation.
Read Original Article...Will China’s Evergrande collapse impact the Australian economy?
Featured On: buildaustralia
As China is the second-largest nation in the world, its market developments hold a significant value for economies across the globe. With Evergrande being China’s leading property developer, it is not that difficult to understand why its potential failure would be a cause of concern for international policymakers and investors.
Read Original Article...Australia shares end lower as investors await Fed decision
Featured On: Market Screener
"The dual threat of increasing virus cases and inflation dampened expectations of the Australian economy entering 2022 on a firm footing," said Kunal Sawhney, chief executive officer, Kalkine Group."While the RBNZ has welcomed interest rate hikes for a second time in a row in 2021, increasing inflationary pressures continue to remain a cause of concern for the economy," Sawhney added.
Read Original Article...Australia shares end lower as investors await Fed decision
Featured On: MarketScreener
"The dual threat of increasing virus cases and inflation dampened expectations of the Australian economy entering 2022 on a firm footing," said Kunal Sawhney, chief executive officer, Kalkine Group."While the RBNZ has welcomed interest rate hikes for a second time in a row in 2021, increasing inflationary pressures continue to remain a cause of concern for the economy," Sawhney added.
Read Original Article...Australia shares end lower as investors await Fed decision
Featured On: Reuters
"The dual threat of increasing virus cases and inflation dampened expectations of the Australian economy entering 2022 on a firm footing," said Kunal Sawhney, chief executive officer, Kalkine Group."While the RBNZ has welcomed interest rate hikes for a second time in a row in 2021, increasing inflationary pressures continue to remain a cause of concern for the economy," Sawhney added.
Read Original Article...ASX Close: Risk-averse market closes near session low
Featured On: The Market Herald
“Speculations are rife that rising inflationary pressures and Omicron worries will prompt the central bank to embrace a faster tapering of its bond purchases. In case the central bank accelerates its stimulus withdrawal, it might pave the way for sooner-than-expected interest rate hikes in the coming year,” Kalkine Group CEO Kunal Sawhney said.“In Australia, the rising number of Omicron variant cases in some parts of the country has become a new cause of concern for health authorities and government alike,” Kalkine’s Sawhney said.
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