The XJO is expected to edge lower on open this morning following a marginal pullback in the U.S overnight. Their futures sit flat. Technically our market looks like it is trading in a small ascending triangle. There is an uptrend line that has formed since the lows of roughly 6,750 and comes in roughly at
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After a particularly tumultuous FY23—ending with $0 in cash equivalents and a resulting ASX suspension, the engagement and loyalty management platform My Rewards International (ASX: MRI) has entered into a $1 million loan agreement with promotional intelligence company iGoDirect Group. This loan is expected to support the Company for the medium term. It is critical
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Making maternity care more accessible to all expectant parents including those in regional and rural Australians, HeraMED (ASX: HMD) has been promoting at-home pregnancy management using its digital monitoring device HeraCARE. Now the Company has levelled up its strategic shift for the device by securing a new Partner Agreement with Telstra Health, expanding its customer
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For the first twenty weeks of FY24, Aussie fashion retail company Universal Stores (ASX: UNI) has had to place its focus on promotions and discounts to cater to increasingly price-conscious consumers. Universal saw a spending decline in the regional areas of eastern Australia, contrasting with the more robust performance in metropolitan and CBD locations. In
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We were surprised last week by the reaction to the slightly better than expected US CPI monthly report. In aggregate the headline month-on-month CPI rate was flat versus a 0.1% forecast and core inflation was 0.2% versus 0.3% expected. A great deal of care needs to be taken when interpreting monthly data because inflation readings
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The XJO is expected to edge higher on open this morning despite the U.S renewing their buying with a strong bullish session to finish within a stone’s throw of their all-time high. Their futures are flat this morning. Much of the rally was driven by tech in the U.S, which is underrepresented in our market
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