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Elixir Energy (ASX:EXR) Shares Zoom up on ASX, What Are Chartists Looking At?
November 05, 2020 02:04 PM AEDT| By Team Kalkine MediaElixir Energy Limited (ASX:EXR) opens gap-up on the exchange on 5 November 2020 followed by a ~ 13.04 per cent surge (12:18 PM AEDT) against its previous close on ASX. The Company disclosed price-sensitive information on 5 November 2020 that now s.....
Origin Energy Ready to Embrace Soft Gas Markets? Quarterly Earnings and Market Scenario Discussed
November 05, 2020 01:31 PM AEDT| By Team Kalkine MediaOrigin Energy Limited (ASX:ORG) trims drilling activities at its Queensland LNG plant over the soft gas market and changing commercial landscape across the continent. The energy explorer, producer, and retailer recently reported its quarterly earn.....
Crude Oil rallies over 4% in three days, what is keeping the bulls busy?
November 05, 2020 01:17 PM AEDT| By Hina ChowdharyThe Crude oil prices jumped early on 03 November 2020, with Brent benchmark crude prices back above the $40 per barrel, fresh rally in the financial markets and a weaker U.S. dollar on Election Day are considered the main reason for the recent jump.....
AU & US Earnings beat expectations but future still looks gloomy
November 05, 2020 06:00 AM AEDT| By Team Kalkine MediaThe coronavirus pandemic has put a dent in the earnings of various sectors and the sector leaders. However, against the initially forecasted drop in the earnings, the recovery has been quite fast across sectors. Looking at the third quarter perfor.....
UK Car Industry to Suffer with The Economic Fallout of Lockdown 2.0
November 04, 2020 08:28 PM AEDT| By Kunal SawhneyWith more than one million active coronavirus infected cases, the British Prime Minister Boris Johnson announced a second national lockdown across the UK. The second lockdown is expected to weigh down heavily on the ailing car manufacturing and ret.....
Ant Group’s Race to world’s biggest IPO Abruptly Derailed, Regulator Raises Red Flag
November 04, 2020 07:01 PM AEDT| By Team Kalkine MediaWhat was supposed to be the world’s biggest Initial Public Offering (IPO) by financial technology company Ant Group, came to an abrupt halt in Shanghai and Hong Kong when Chinese regulators waved a red flag, derailing a record USD 34.5 billio.....
US Election 2020: Trump or Biden? Trudeau Says Canada is Prepared
November 04, 2020 05:50 PM AEDT| By Kunal SawhneyWatching the US election 2020 unfold, Canadian Prime Minister Justin Trudeau says Canada is prepared for potential outcomes and is hoping for a smooth transition during the US election 2020. Current president Donald Trump, who’s been question.....
How Would The US Election 2020 Results Impact Canada's COVID Recovery?
November 04, 2020 04:51 PM AEDT| By Team Kalkine MediaLate Canadian Prime Minister Pierre Trudeau had once famously likened having a neighbor like the United States to "sleeping with an elephant”, in the sense that its movements had a cascading impact on Canada. With the US presidential election.....
Westpac (ASX:WBC) share price battered by Micro and Macro Economic Headwind
November 04, 2020 04:21 PM AEDT| By Team Kalkine MediaThe Westpac Banking Corp (ASX: WBC, NZX: WBC) share price has been on a precipitous slide since first quarter CY2020. For the Kiwibank, it's been a roller coaster ride this year, as the ultra-low interest rates are pressuring the banks on their net.....
US Presidential Election 2020 Battle: ASX Stocks worth watching post the results
November 04, 2020 03:16 PM AEDT| By Team Kalkine MediaNot just the US, but the entire world is waiting with bated breath to find the final outcome of the US Presential elections, that were held on 03 November 2020. Just like the share markets across the world, the election results are bound to have an.....
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Aussie Home Loans’ Chairman John Symond hangs his boots
November 04, 2020 03:08 PM AEDT| By Team Kalkine MediaAussie Home Loans founder John Symond retired on 3 November 2020 from the company, after spending almost three decades as the Chairman. At present, John Symond’s nephew James Symond is the Chief Executive of the company. Geoff Austin, who ha.....
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Volatility In Gold And Crude Surges On The Heels Of US Presidential Elections 2020
November 04, 2020 02:50 PM AEDT| By Team Kalkine MediaGold prices are back in focus as the U.S. 2020 presidential election reaches the crescendo. The gold spot market has demonstrated an upper bounce during the trading session on 4 November 2020 with gold spot surging from the recent low of USD 1,859......
New Zealand witnesses the biggest quarterly rise in the unemployment rate in Q3
November 04, 2020 01:56 PM AEDT| By Team Kalkine MediaNew Zealand recorded the largest quarterly rise in the unemployment rate in 3 months ended September 2020, in line with economists' predictions, as firms were compelled to lay off workers amid coronavirus induced recession. The official unemployme.....
RBA cuts rates and declares $100 billion bond-buying plan
November 04, 2020 01:15 PM AEDT| By Kunal SawhneyReserve Bank of Australia (RBA) yesterday announced a set of measures to aid the economic recovery in the monetary policy meeting. The bank has now officially begun quantitative easing (QE) program with a $100 billion bond-buying spree. Im.....
Commonwealth Bank Of Australia (ASX:CBA) Cuts Fixed Rate Mortgages & Business Loans, Variable Rates Unchanged
November 04, 2020 12:30 PM AEDT| By Team Kalkine MediaThe Commonwealth Bank of Australia (ASX:CBA) is the first big bank to slash home loan interest rates in the wake of the RBA slashing official rates to near zero. Interest Rates on Mortgages Slashed According to the latest Commonwealth Bank news,.....
US Elections 2020: What Donald Trump’s Return Means For Canadian Economy?
November 03, 2020 08:33 PM AEDT| By Team Kalkine MediaBefore the 2016 United States presidential elections, many analysts had predicted that American business tycoon Donald Trump’s win would bring the stock markets to a crash. But when he beat Hillary Clinton to the race on 9 November 20.....
Why is PM Scott Morrison’s decision on Christine Holgate dubbed “double standard”?
November 03, 2020 05:50 PM AEDT| By Team Kalkine MediaAustralia Post CEO Christine Holgate has stepped down from her post after allegations of misuse of taxpayers’ money. Holgate’s decision comes after PM Scott Morrison criticised her act of gifting expensive Cartier watches to senior exec.....
AstraZeneca (AZN) Sells the rights of Two drugs to Cheplapharm for US$400 million
November 03, 2020 05:36 PM AEDT| By Team Kalkine MediaAstraZeneca Plc (LON:AZN) disclosed that it signed an agreement to sell the commercial rights of its hypertension medicines Atacand and Atacand Plus to Cheplapharm Arzneimittel GmbH, a German pharmaceutical company. Cheplapharm&.....
CBI Chief Says British Companies Will Face Gloomy Winter Amid Second Lockdown
November 03, 2020 04:32 PM AEDT| By Team Kalkine MediaThe second national lockdown might devastate the economic conditions in the country as the UK companies could face bleak mid-winter. Chief of the Confederation of British Industry (CBI) Carolyn Fairbairn’s statement came after high-en.....
US Elections 2020: What Joe Biden’s Presidency Will Mean For Canadian Economy?
November 03, 2020 04:28 PM AEDT| By Team Kalkine Mediaping Trump’s permit for the Keystone XL pipeline project if he comes to power. With the United States Presidential elections 2020 right around the corner, Canada too is gearing up for likely impacts. However, the impact of Joe Biden becom...
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