Market News

Another significant week awaits the Australian economy with the last Reserve Bank (RBA) board meeting of the year tomorrow and the release of September quarter national accounts and GDP figures on Wednesday. No rate cut is expected from the RBA’s last meeting of the year. The cash rate will start 2024 at 4.35%, up from […]

Last week, OPEC+ convened but witnessed oil prices falling, despite claims of production cuts made during Thursday’s meeting. Judging by the 2% drop in US crude prices on Friday, traders deemed the OPEC+ meeting disappointing. Brent crude concluded at $79.56 per barrel, while US West Texas Intermediate finished down 1.6% at $74.38 per barrel, both

Gold reached a record high on Friday as the dollar and Treasury yields fell following weak US economic data. Investors seemingly disregarded Fed Chair Jay Powell’s warning of potential rate hikes if inflation strengthens once more. Meanwhile, oil prices slipped as traders in the sector questioned whether OPEC+ (led by Saudi Arabia and Russia) had

Lindsay Dudfield – Executive Director & CEO – Jindalee Lithium (ASX:JLL) has a continued track record of successful mineral exploration and development. The company’s flagship project is the McDermitt Lithium Project in south-east Oregon, USA.

Investment markets and key developments over the past weekUS and European share markets rose modestly over the last week helped by more good news on inflation reinforcing confidence that global interest rates have peaked. However, Japanese and Chinese shares fell. Australian shares rose around 0.3% for the week with strong gains in IT, health and

Michael Sistenich – CEO – Enlitic (ASX:ENL) is focused on delivering the power of AI into data management applications, enabling effective administration, processing and sharing of medical imaging data throughout the healthcare enterprise.

CoreLogic data showed national average home price growth slowed to 0.6% in November, down from 0.8% in October and well down from the peak of 1.2% in May.After 10 months of gains in a row momentum national home prices have risen to a record high, fully recovering from last year’s slump.Brisbane, Adelaide and Perth are

David Breeze – Managing Director and Executive Chairman – BPH Energy (ASX:BPH) is a diversified company holding investments in biotechnology and resources, including a significant interest (36%) in unlisted oil and gas exploration company Advent Energy Ltd. BPH is commercialising a portfolio of Australian biomedical technologies emerging from collaborative research by leading universities, medical institutes

Lindsay Dudfield – Executive Director & CEO – Jindalee Lithium (ASX:JLL) has a continued track record of successful mineral exploration and development. The company’s flagship project is the McDermitt Lithium Project in south-east Oregon, USA.

Aidan Platel – Managing Director & CEO – Charger Metals (ASX:CHR) has a portfolio of battery metals projects in WA and the Northern Territory that are prospective for metals associated with the renewable energy sector.