Newmont Corp Stock Forum

Global sharemarkets mostly rallied last week on the back of strong US earnings results and a number of central bank indicators that inflation was slowly being tamed.
Sweden’s Riksbank somewhat unexpectedly cut their interest rates by 0.25% as their inflation targets were close to being met. The Swiss National Bank was the first major Central Bank to cut rates after the pandemic back in March and last week the Bank of England made dovish comments that sug...

There was a lot for investors to digest last week starting with the Middle East inching slowly towards a ceasefire agreement, the US Fed sounding less hawkish despite the “lack of further progress” in getting inflation down, a cooling jobs report out of the US and some good US earnings results in the first quarter.
Global sharemarkets were mostly positive last week and this helped the S&P/ASX 200 to gain 0.70% and the All Ordinaries Index to rise 0.77%.
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Sharemarkets around the globe recovered from their recent sell-off despite inflation numbers coming in hotter than expected both in Australia and the US. Australian inflation was 1.00% in the first three months of 2024 above market expectations of 0.80%.
A good start to the US quarterly earnings season however saw a solid rebound in US tech stocks and that,  along with no further increase in tensions between Israel and Iran, improved investor sentiment ...