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Economic Updates

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Economic Updates

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Market set for another volatile week

The market looks for another volatile week as geopolitical concerns and high commodity prices look likely to remain a key factor in the last week of March. Market sentiment will also be dictated by the Federal Reserve's responses to key core figures coming out later this week. Commodities Oil prices are set to remain in focus with concerns fr...

March 28, 2022
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What Premier Investments’ latest results tells us about Retail sector post pandemic

Premier Investments is a company that was established as an investment vehicle to maximise growth in capital returns to shareholders through the acquisition of controlling or strategic shareholdings in premier Australian companies, with a particular focus on retailing, importing and distributing. Premier Investments’ Half-Year Results Premi...

March 25, 2022
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NIO Q4 2021 results have arrived

NIO Inc. reported its fourth quarter 2021 financial results after the market close on Wall Street on Thursday. The Chinese electric vehicle maker reported revenue of $1.558 billion (49.1% increase year-over-year) that was above analyst forecast of $1.537 billion. NIO reported higher than expected loss per share in the fourth quarter of -$0.17...

March 25, 2022
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A quick surveillance on the Australian drone sector

Drones are slowly becoming mainstream in our airspace. Along with unmanned aviation vehicles (UAV), these high flying devices can commonly be reported as a potential UFO. There has been quite a lot of hype over potential growth of the drone market. The potential value of the global drone industry has been estimated to double within the next five...

March 24, 2022
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Adobe’s latest numbers are in

Adobe Inc. reported its financial results for fiscal first quarter 2022 after the closing bell on Wall Street on Tuesday. The American software company reported revenue of $4.262 billion in the quarter (9% increase year-over-year), slightly beating analyst forecast of $4.241 billion. Earnings per share reported at $3.37 per share in the Q1 vs...

March 23, 2022
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An update on Jerome Powell’s (Federal Reserve) latest speech

The US Federal Reserve (Fed) has recently doubled down on their hawkish views, after Jerome Powell’s latest speech. There are preparations to substantially increase the interest rate in May. The speech has subsequently put pressure on the Australian Reserve Bank (RBA) to raise the interest rate at a faster pace. Mr Powell said “the US centra...

March 23, 2022
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Pfizer’s Performance and the 4th Booster Plan

Pfizer Inc. is an American multinational pharmaceutical and biotechnology corporation headquartered on 42nd Street in Manhattan, New York City. The company was established in 1849 in New York by two German immigrants, Charles Pfizer and his cousin Charles F. Erhart. They have been uniquely positioned to be a leading company in the fight against ...

March 23, 2022
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China’s dominance of Rare Earths and the West’s opportunity

What are Rare Earths? Neodymium and praseodymium (NdPr) are two resources that you have probably never heard of, but you use every day. They are not like Gold, Iron ore or even Lithium. They are the two most important light Rare Earths, and they have outstanding magnetic and conductive properties. The name ‘Rare Earths’ is a bit of a misnome...

March 22, 2022
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Just Do It – Nike latest results announced

Nike Inc. (NKE) reported fiscal 2022 financial results for its third quarter ended February 28, 2022. The US sporting goods giant reported revenue of $10.871 billion (up by 5% year-over-year), beating analyst estimates of $10.598 billion. Earnings per share also beat Wall Street expectations at $0.87 per share vs. $0.71 per share expected. ...

March 22, 2022
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BlackRock, BLK.NYSE.

Blackrock has been slowly, consistently and quietly gathering assets across the globe. They are a multinational company whose main aim is to invest in industries and make as much money as possible. BlackRock, Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, initially as a risk management a...

March 21, 2022
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Is the US Dollar at risk?

The US Dollar is as synonymous to us in life as the morning and night is. It has dominated as a reserve currency for decades. It’s paved the way for the United States to become the superpower that it is today, and be able to wield influence around the world, as it sees to work with other nations by investing or ramp up trade to keep the statu...

March 21, 2022
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Buy now, pay later sector suffers a loss of confidence

Investor’s confidence in the buy now, pay later sector has taken a massive hit as Nasdaq-list Affirm halted an important bond sale last Friday. This was a result of an investor backing out due to the growing levels of credit rate volatility. Affirm share prices have taken a hit in response to Bloomberg’s report but have steadily recovere...

March 21, 2022
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ASX’s market volatility stabilised with record setting dividends

Investors in Australian-list companies will receive a wave of cash into their bank accounts over the following months. This will provide some much needed stability for the Australian Stock Exchange as investors celebrate the richest recorded interim reporting session in corporate history. February’s earnings season had a record $36.3 billion i...

March 21, 2022
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IGO’s big buyout delayed by nickel’s current volatile prices

IGO is a Nickel, Gold and Copper-Zinc silver mining, development and exploration company. They are based in Western Australia and control an array of mining companies. The London Metals Exchange (LME) halted nickel trading on March 8th after an unprecedented price spike. This has forced IGO to delay their $1.09 billion buyout of Western Areas. T...

March 21, 2022
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How the Russia/Ukraine conflict is affecting global IPOs

All prices in this article will be in USD unless otherwise stated. The conflict between Russia and Ukraine and the prospect of central banks tightening policies has led to IPO hopefuls, from around the world, withdrawing their floats. According to Dealogic, a record 25 IPOs have been withdrawn in the US. These companies had a potential value ...

March 18, 2022
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