Market News

The capitulation of the long end of the yield curve has been brutal. In the US, for the best part of 18 months, the inverted yield curve (defined as long end interest rates lower than the short end) has predicted a recession. This has been supported with several credible forecasters assigning up to +90% probability […]

Australian Pacific Coal (ASX:AQC) and its joint venture partner Tetra Resources have successfully secured a significant funding package to revive the Dartbrook Mine. The joint venture has received an offer for a 3-year USD60 million (approximately AUD90 million) debt facility from Vitol Asia Pte Ltd, a renowned global energy and commodities company. This development marks

Early Friday, Sydney time, Elon Musk’s biggest punt in years is due to be rolled out: the final version of Tesla’s Cybertruck. This vehicle could either further boost his reputation and that of his carmaker or blow it apart if it’s a dud. Musk announced last week that Tesla had already started shipping the truck

In August 2023, RFC Ambrian released a comprehensive sector report on the Lithium Market titled “Deficits Still on the Horizon But the Pace of New Supply is Picking Up.” The report delved into the global lithium commodity market, discussing potential risks and opportunities associated with lithium supply chain developments. Lithium, being a relatively young commodity,

In the ongoing Origin Energy (ASX:ORG) takeover saga, the company’s board has rejected the third offer from the suitors, Brookfield of Canada and US investor EIG. This rejection appears to have put an end to the prolonged takeover battle. Origin’s board deemed the revised proposal incomplete and complex, urging investors to vote in favor of

The S&P/ASX 200 is 0.04 per cent lower at 7,032.20. Bond yields in the US continue to drop, leading to increased speculation that interest rate cuts may happen sooner than anticipated. The US 10-year yield has fallen below 4.3%, decreasing by 57 basis points in the last month. Billionaire investor Bill Ackman has expressed the

To register for Friday’s webinar click here. Australian Pacific Coal (ASX:AQC) secured a 3-year USD60 million (~AUD90 million) debt facility from Vitol Asia, a global energy and commodities company, for its Dartbrook Joint Venture in the Hunter Valley, which produces high-quality thermal coal. The Funds will cover all remaining restart capex through to first coal

Despite stronger-than-forecast third-quarter growth, US investors are now more upbeat about the chances of a rate cut after a key briefing document for the Federal Reserve’s December meeting showed a slowing in the pace of activity in parts of the economy and a further slipping in cost pressures. Shares and commodities, led by gold and

Findi (ASX:FND) has announced robust financial results for the first half of 2024 (1H24), showcasing impressive revenue and earnings growth. Findi Limited Chairman, Nicholas Smedley, expressed optimism about the company’s performance, highlighting significant progress in their strategic endeavors, particularly in India. Key Financial Highlights Findi Limited reported a statutory revenue of $31.757 million for 1H24,

The S&P 500 and the Dow Jones Industrial Average ended Wednesday near the flat line, but the major averages remain on track for their biggest monthly gain in 2023. The S&P 500 and Dow are up 8.5 per cent and 7.2 per cent, respectively, in November. The Nasdaq has climbed about 10.9 per cent over