Price action in equity markets was a little muted given that it was a public holiday in much of Europe. An upbeat tone following Federal Reserve meeting minutes was turned a little sour by OPEC.
How could I possibly go a week without bringing up the Federal Reserve? Well, I can’t, so here’s the “new” outlook for the Fed in the near future.
ASX 200 flip flops again to close 21 points higher at 5790 after early losses as the grind continues. Retails sold off with banks steady and miners finding support. Asian markets followed Wall Street higher with Japan up 0.43% and China up 1.34%. AUD steady[…]
15.50 BST Wednesday May 24th 2017 LCG Market Rundown By Jasper Lawler, Senior Market Analyst Markets wait a Fed minute A week on from last Wednesday’s sharp impeachment-inspired sell-off in risky assets and the recovery across markets seem to be running out of steam. Movement[…]
Uber came out yesterday and admitted to a very costly mistake. They accidentally underpaid drivers in New York City over the past two and a half years. On Friday, Uber announced a nationwide change to how drivers see their earnings.
ASX 200 flip flops to close up 9 points at 5769 as banks continue to weigh and resources hurt by the Chinese credit downgrade.