Remain alert, not alarmed, at iron ore price falls switzer.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from switzer.com.au Daily Mail and Mail on Sunday newspapers.
Switzer Daily
26 July 2021
Share market indexes mostly managed to
look through coronavirus concerns over the last week and rebound helped by good
US earnings and dovish guidance from the ECB. The positive global lead also
helped push up the Australian share market to a new record high, despite
expanding lockdowns, with strong gains in lockdown winners like health and IT
offsetting weakness in resources stocks. The $A fell as the $US rose further.
And Bitcoin had a bounce as celebrity influencers Elon Musk, Jack Dorsey and
Cathie Wood reportedly said nice things about it!
Despite their bounce of the last week
Delta dawn, how this virus persists on switzer.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from switzer.com.au Daily Mail and Mail on Sunday newspapers.
Markets stare down delta strain ahead of RBA meeting
Share
Australian shares face a dual test this week as the Reserve Bank of Australia unveils its long-awaited approach to slowing quantitative easing against the backdrop of lockdowns to curb COVID-19 outbreaks across the country.
Financial markets have largely shrugged off the latest run of lockdowns in New South Wales, Queensland, Western Australia and the Northern Territory.
Investors now face the difficult prospect of navigating one of the most important Reserve Bank decisions since the pandemic.
Louie Douvis
The S&P/ASX 200 inched higher last week to within 1 per cent of its record high and the S&P All Ordinaries index finished the financial year that ended on Wednesday with its best run in three decades.
Switzer Daily
What’s Gloria Steinem got to do with it?
28 June 2021
Global share markets rebounded over the
past week with US shares rising 2.7% to a new record high helped by calming
words from the Fed. However, Australian shares fell 0.8% partly in delayed
reaction to the previous week’s falls in the US and not helped by talk of
earlier rate hikes in Australia and coronavirus concerns, with IT and materials
up but falls led by health and financial stocks.
Financial equality for women
The central bank and coronavirus soap
opera rolls on unfortunately but, I thought I would reverse the order this