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US Presidential election at the fag end, is the market nervous?
November 03, 2020 04:00 PM AEDT| By Team Kalkine MediaWith the US Presidential election 2020 due today i.e. 3 November 2020, the stock market has already given a key signal of the winner. CFRA’s ‘Presidential Predictor’ is showing victory of Joe Biden, the Democratic candidate, defea.....
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Google’s sister company X sheds light on its ambitious mental health project
November 03, 2020 03:55 PM AEDT| By Team Kalkine MediaAlphabet’s X, the Moonshot Factory, recently published a new blog post, detailing the findings of its mental health project called Project Amber. X, Google’s sister company, is a semi-secret research and development facility and organi.....
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Aotearoa Circle's Sustainable Finance Forum Out; NZGIF under the Spotlight
November 03, 2020 03:19 PM AEDT| By Team Kalkine MediaThe latest report by Aotearoa New Zealand’s Sustainable Finance Forum (SFF), representing the collective initiatives of the SFF undertaken from January last year to November 2020, is grabbing headlines lately. The report sets out priorities a.....
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How is the market poised ahead of RBA meet?
November 03, 2020 01:55 PM AEDT| By Team Kalkine MediaThe Reserve Bank of Australia (RBA) is set to announce monetary policy decision later today. The top brass at the bank have been continuously quashing the idea of potential negative interest rates in Australia. Currently, the cash rate sits at 0.25.....
Overnight spurt in Crude Oil Prices Pushes S&P/ASX 200 Energy shares, BPT Acquires Cooper Basin From Senex
November 03, 2020 01:50 PM AEDT| By Team Kalkine MediaASX-listed oil stocks are gaining momentum after crude oil prices spiked in the international market during the evening trading session on 2 November 2020. The Brent crude oil futures surged from its intraday low of USD 36.04 a barrel to settle ne.....
Payroll Employment Growth Slumps In August, Energy Sector Continues To Suffer: StatsCan
November 02, 2020 10:10 PM AEDT| By Team Kalkine MediaFive months into the coronavirus pandemic, Canada recorded a decline in the payroll employment growth in the month of August, noted a recent study by Statistics Canada. The national data agency released its August results from the Survey o.....
Farage To Rebrand His Brexit Party to Anti-Lockdown Party
November 02, 2020 09:54 PM AEDT| By Team Kalkine MediaBrexit Party leader Nigel Farage will rebrand the group ‘Reform UK’, a party working as an anti-lockdown party, primarily to fight against anti-coronavirus restrictions enforced by Boris Johnson and his party. The party has officially s.....
How will the second lockdown hit the UK economy?
November 02, 2020 08:55 PM AEDT| By Team Kalkine MediaThe industries such as retail, hospitality, and travel are in for a nightmare as the UK government imposes the second lockdown across the country beginning Thursday, 2 November. The busiest shopping season for all these industries was comi.....
Is the NZ housing market set to thrive?
November 02, 2020 05:48 PM AEDT| By Team Kalkine MediaThe housing market of NZ has been surging substantially after the Alert level 4 lockdown ended, partly due to low interest rates, removal of loan to value ratio restrictions temporarily and scarcity of homes for sale. People are flocking to purcha.....
Albanese sounds alarm over closure of BP’s Kwinana refinery, urges government to take action
November 02, 2020 04:18 PM AEDT| By Team Kalkine MediaFederal Labor leader Anthony Albanese has called on the Morrison government to stop the closure of Kwinana refinery – operated and owned by the global oil & gas behemoth BP, in Western Australia. BP Announces the Closure of Kwinana Refin.....
Amex, Visa and Mastercard hit hard by subdued international travel
November 02, 2020 04:09 PM AEDT| By Team Kalkine MediaInternational travel continues to be one of the areas suppressed by pandemic implications. Although international travel has resumed in channels, the return to pre-pandemic levels is far. In the light of rising infections in Europe, countrie.....
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RBA Throws Its Hat into The Digital Currency Ring
November 02, 2020 04:06 PM AEDT| By Team Kalkine MediaOn 2 November 2020, Reserve Bank of Australia announced that it is collaborating with Commonwealth Bank (ASX:CBA), National Australia Bank (ASX:NAB), Perpetual Limited (ASX:PPT) and blockchain technology company, ConsenSys Software on a collaborati.....
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House prices rise for the first time since COVID-19, CoreLogic Index Back in Green
November 02, 2020 02:18 PM AEDT| By Team Kalkine MediaThe property market seems to be recovering from the impact of the coronavirus pandemic-induced downturn. For the first time since the onset of COVID-19, house prices have witnessed an uptick across all major Australian cities, except for Melbourne......
Weak iPhone sales dragged Apple stock price in after-hours trading
November 02, 2020 12:46 PM AEDT| By Team Kalkine MediaApple Inc. shares declined by 5.2% in after-hours trading on 29 October as the Company once again failed to offer a financial outlook amid the ongoing certainty surrounding the coronavirus outbreak. Since coronavirus related delay caused the new s.....
Should the UK Government Extend Furlough Scheme to Save Businesses?
November 01, 2020 10:17 AM AEDT| By Team Kalkine MediaThe UK government’s coronavirus job retention scheme, which was announced in March 2020, will end on Saturday. This would close the first phase of the UK’s economic response to the pandemic. The scheme allowed all UK employers with empl.....
Australian Economic Recovery Witnesses Robust Demand in Essential Services Sectors
November 01, 2020 01:54 AM AEDT| By Kunal SawhneyThe path to economic recovery is not an easy one for Australia or for any country for that matter. As there is no treatment available for coronavirus infection, people need to follow social distancing and strict hygiene norms. Meanwhile, the g.....
How would the race to the Oval office and covid-19 vaccine impact on the gold market?
November 01, 2020 01:38 AM AEDT| By Hina ChowdharyThe gold spot seems to be waiting for a catalyst for deciding its future course with prices consolidating in a range after correcting from the record high. To Know More, Do Read: Is the Gold Price Ready to Move Out of Shadows? The gold spot is cu.....
Staycation and workation becoming the latest trends in the hospitality segment
November 01, 2020 01:20 AM AEDT| By Kunal SawhneyCOVID-19 has pushed people to come out of their daily routine and adapt to living in the new normal. The crisis has led the hospitality industry to bring innovation and modifications in their services as countries reopen gradually after seve.....
Why electric trucks are gaining more popularity?
November 01, 2020 12:11 AM AEDT| By Edita IvancevicElectric cars are likely to replace traditional vehicles in the upcoming years, as the demand for sustainable energy grows by the day. However, companies such as Tesla do believe that humanity can get out of the mess it created. Electric vehicles a.....
10 reasons why Bitcoin might not be the best investment
October 31, 2020 02:02 AM AEDT| By Edita IvancevicWhile traditional stock markets are prone to experiencing high volatility due to changing economic or political situations in the world, cryptocurrencies are not affected in the same way. They tend to be influenced by unprecedent, almost overnight .....
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