Daily Update 15 July, 2021

U.S. markets closed mostly higher overnight after the Fed announced the pace of the U.S. recovery picked up in the past two months.

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Daily Update 14 July, 2021

U.S. equity markets closed lower with concern over inflationary pressures as U.S. consumer price data surged in June by the most since 2008.

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Daily Update 13 July, 2021

U.S. investors remain concerned about delta and slowing vaccination rates with cases soaring 47%, the largest weekly rise since April 2020.

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Daily Update 12 July, 2021

U.S. equity markets closed higher on Friday, with the Dow Jones up +1.3%, with Banks leading the gains as rising yields increased the outlook for profits.

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Daily Update 9 July, 2021

European equity markets tumbled as investors shifted out of this year’s winners amid concerns over economic growth and stimulus.

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Daily Update 8 July, 2021

Inflation concerns eased after China pledged to release more base metals from its state reserves to rein in surging raw material costs.

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Daily Update 7 July, 2021

U.S. equity markets closed mostly lower overnight as a plunge in Treasury yields to the lowest since February weighed on Banks.

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Daily Update 6 July, 2021

Sydney Airport Ltd (SYD) surged +33.9%, after receiving a A$22.3bn takeover offer valuing SYD at $8.25 per share.

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Daily Update 5 July, 2021

U.S. equity markets closed higher on Friday, after data revealed the pace of U.S. hiring accelerated in June, with payrolls increasing by 850,000.

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Daily Update 2 July, 2021

The ASX 200 closed -0.65% lower yesterday, after data revealed Australia's manufacturing sector eased expansion in June.

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