Market News

In a surprising turn of events, Australian companies, Fortescue (ASX:FMG) and Woodside (ASX:WDS), find their ambitious hydrogen projects hanging in the balance following proposed rule changes by the United States. These changes could potentially exclude them from accessing cash incentives under the Inflation Reduction Act (IRA), worth billions of dollars. Woodside’s H2OK project, which was […]

Big American oil companies are merging to enhance commercial security, protect safety margins, and reduce costs. Now, they are joined by major gas players as US natural gas companies Chesapeake Energy and Southwestern Energy near a $US17 billion merger. The reasons for these mergers are clear: the desire for scale, cost control amid weak prices

The first week of 2024 was less than favorable for Apple as its shares dropped by nearly 6% in a shortened trading week (due to New Year). The world’s largest company by market value is bracing for more uncertainty in the immediate future. In fact, if the stock’s weakness continues this week, it could lose

In 2023, record gold prices surged twice within the year, driven by various global factors, including the impact of a strong US dollar, geopolitical tensions, rising interest rates, and political uncertainty in Europe and the United States, amid persistent inflation concerns, although it was on the decline. Investors sought refuge in gold during times of

One way or another, the next month or so could very well set the tone for the first half of 2024. Will it be a continuation of the rosy belief that the Fed’s interest rate pivot remains in place, or will it bring uncertainty and choppiness, as seen in the first trading week of the

The S&P 500 closed Friday slightly higher, but all three major indices ended a nine-week winning streak due to a better-than-expected jobs report. The broader S&P 500 index increased by 0.18 per cent to finish at 4,697.24.The Nasdaq Composite edged up 0.09 per cent to end at 14,524.07.The Dow Jones Industrial Average inched higher by

In 2023, the US job market experienced a notable slowdown due to the impact of the Fed’s rate increases, which began to affect job creation and vacancies. However, real wages ended the year with a modest increase, raising concerns for the central bank and the possibility of keeping interest rates higher for a longer duration.

ASX trading will witness both the lows and highs of the fading lithium boom. The low point will be another rough session for Core Lithium after it confirmed on Friday that it had suspended mining at its NT lithium mine and would try to ride out the crash in prices by processing and selling stockpiled

The Nasdaq Composite closed lower on Thursday for a fifth consecutive losing session — its longest losing streak since October 2022. The tech-heavy Nasdaq Composite dipped 0.56%. Since the Dec. 27 close, the index has lost nearly 4%. The S&P 500 slid 0.3% for a fourth losing day. The Dow Jones Industrial Average was the

A selection of some of the Health Care companies that presented with us in 2023. Avecho Biotechnology (ASX:AVE) – Paul Gavin – CEO – Avecho develops and commercialises innovative Human Health and Animal Health products, using their proprietary drug delivery system – Tocopheryl Phosphate Mixture. Microba (ASX:MAP) – Dr Luke Reid – CEO – Microba