I think the title explains itself…
RBA: sorry, this uhh, never usually happens...
$BHP Group Ltd(BHP.AU$ $Rio Tinto Ltd(RIO.AU$ $CommBank(CBA.AU$ $S&P/ASX 200(.XJO.AU$
RBA: sorry, this uhh, never usually happens...
$BHP Group Ltd(BHP.AU$ $Rio Tinto Ltd(RIO.AU$ $CommBank(CBA.AU$ $S&P/ASX 200(.XJO.AU$
Aussie shares 📈 had a bit of a rollercoaster ride today! They started strong but couldn't quite hold on to those gains, ending the day flat. 😅
The ASX200 index just edged 4 pts lower, barely a dip under 0.1%, closing at 7,848. 📉
But hey, not all sectors were down in the dumps! Six out of 11 actually showed some green. 🌱
Unfortunately, Telecom 📡 and consumer stocks 🛍️ were the big drag, dropping -2.5% and -1.4% respectively. But there's always a silver lining, right? ✨
Utilities 💡 and industrials...
The ASX200 index just edged 4 pts lower, barely a dip under 0.1%, closing at 7,848. 📉
But hey, not all sectors were down in the dumps! Six out of 11 actually showed some green. 🌱
Unfortunately, Telecom 📡 and consumer stocks 🛍️ were the big drag, dropping -2.5% and -1.4% respectively. But there's always a silver lining, right? ✨
Utilities 💡 and industrials...
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The life cost measures are totally on a roll to help tame that pesky inflation monster. 🔥 But hold on tight, because those new stimulus goodies might just pump up the demand like crazy. 🚀
And talk about a wild ride! 🎢 The federal and state finances are showing a crazy switch from tightening the purse strings (which helps keep demand and inflation in check) to letting the money flow freely. 💸🌊 Check out that graph – it's like a roller coaster!
Plus, with wage growth hitting the roof and...
And talk about a wild ride! 🎢 The federal and state finances are showing a crazy switch from tightening the purse strings (which helps keep demand and inflation in check) to letting the money flow freely. 💸🌊 Check out that graph – it's like a roller coaster!
Plus, with wage growth hitting the roof and...
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Hey, guys! 👋 Today's news says the gov's planning to announce some cost-of-living relief in the budget, like rent and power bill cuts, hoping to bring inflation back to that 2-3% mark by Christmas. But you know me, I'm not so sure about that. 🤔
Like, when you give money away in one place, it tends to pop up somewhere else, right? 🤷♀️ And before the budget even drops, the rates market is already saying the RBA might hike rates by 4bp by September. So it se...
Like, when you give money away in one place, it tends to pop up somewhere else, right? 🤷♀️ And before the budget even drops, the rates market is already saying the RBA might hike rates by 4bp by September. So it se...
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Well, as a regular Aussie, I'm hoping to see some tangible benefits that make a difference in my day-to-day life. Maybe some tax relief or increased spending on public services like healthcare and education.
ASX 200 up 11 points to 7804
Perpetual ( $Perpetual Ltd(PPT.AU$ ) shares fell 7.08% to $22.32 after announcing the sale of it’s best business units to KKR….Below is how they summarized the deal:
Strong outcomes for shareholders??? Unlocking value??? Has the PPT board been in Bali lately – tucking into some SPECIAL mushroom omelettes?….In reality they delivered a strong outcome for KKR and their investors.
In hindsight, the PPT board should have put shareholders out of their mis...
Perpetual ( $Perpetual Ltd(PPT.AU$ ) shares fell 7.08% to $22.32 after announcing the sale of it’s best business units to KKR….Below is how they summarized the deal:
Strong outcomes for shareholders??? Unlocking value??? Has the PPT board been in Bali lately – tucking into some SPECIAL mushroom omelettes?….In reality they delivered a strong outcome for KKR and their investors.
In hindsight, the PPT board should have put shareholders out of their mis...
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Shares in Tourism Holdings Rentals ( $Tourism Holdings Ltd(THL.AU$ ) tanked 37% after issuing a hefty profit downgrade.
THL which operates a fleet of over 7000 rental campervans under brands including Britz, Maui and Apollo, said a big slump in sales of ex-rental campervans in Australia in April was the major factor as well as cost of living pressures.…
I wonder if the the boomers have gotten bored with travelling around Australia so they are back on the cruises in ...
THL which operates a fleet of over 7000 rental campervans under brands including Britz, Maui and Apollo, said a big slump in sales of ex-rental campervans in Australia in April was the major factor as well as cost of living pressures.…
I wonder if the the boomers have gotten bored with travelling around Australia so they are back on the cruises in ...
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📈Today's CPI data has thrown a spotlight on Australia's stubbornly high inflation rates!
💸 It's not just any inflation, it's the kind that's deeply rooted in our own backyard.
🏠 Core inflation, which is the Reserve Bank of Australia's (RBA) favorite yardstick, is still hovering at a whopping 4%. And domestic inflation? A staggering 5%! 😮
This is not good news for Australia's economy.
$Westpac Banking Corp(WBC.AU$ $CommBank(CBA.AU$ $Rio Tinto Ltd(RIO.AU$ $BHP Group Ltd(BHP.AU$ $CSL Ltd(CSL.AU$
💸 It's not just any inflation, it's the kind that's deeply rooted in our own backyard.
🏠 Core inflation, which is the Reserve Bank of Australia's (RBA) favorite yardstick, is still hovering at a whopping 4%. And domestic inflation? A staggering 5%! 😮
This is not good news for Australia's economy.
$Westpac Banking Corp(WBC.AU$ $CommBank(CBA.AU$ $Rio Tinto Ltd(RIO.AU$ $BHP Group Ltd(BHP.AU$ $CSL Ltd(CSL.AU$
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ASX 200 up 81 points to 7649
Industrials, Retail & Financials rallied while it was a mixed bag for Resources….The market is now treating the flare up between Israel and Iran as a nothing burger which can be evidenced by the reversal of last Friday’s rally in GOLD, SILVER and OIL.…. $Qantas Airways Ltd(QAN.AU$added 3.56%, $Telstra Group Ltd(TLS.AU$put on 1.37% and $Global X Metal Securities Aust(ETPMAG.AU$fell 2.57%.
Random Observation
Careful out there (speaking from experience –...
Industrials, Retail & Financials rallied while it was a mixed bag for Resources….The market is now treating the flare up between Israel and Iran as a nothing burger which can be evidenced by the reversal of last Friday’s rally in GOLD, SILVER and OIL.…. $Qantas Airways Ltd(QAN.AU$added 3.56%, $Telstra Group Ltd(TLS.AU$put on 1.37% and $Global X Metal Securities Aust(ETPMAG.AU$fell 2.57%.
Random Observation
Careful out there (speaking from experience –...
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I think there is a strong chance that Coronado Global Resources ( $Coronado Global Resources Inc(CRN.AU$ ) is going to have merger talks again with Peabody Energy (listed on the NYSE) on news that Energy and Minerals Group’s deal to sell its 51% in CRN to a Czech tycoon has fallen over.
I also wouldn’t be surprised to see the very cashed up YanCoal ( $Yancoal Australia Ltd(YAL.AU$ ) show some interest….
To get the job done would take around $2.20 so there is some d...
I also wouldn’t be surprised to see the very cashed up YanCoal ( $Yancoal Australia Ltd(YAL.AU$ ) show some interest….
To get the job done would take around $2.20 so there is some d...
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