The XJO is expected to open higher this morning following a flat US overnight. Their futures are also flat. The fact they held gains despite what their negative futures heralded yesterday is likely giving our market the confidence it needs to perhaps start pricing in their break higher on Friday. Our market held the consolidation
Read More
The week ahead may prove pivotal for the global bond markets. The US has roughly $33 trillion in Federal debt, at an average interest rate of roughly 3%, which generates around $1 trillion per year of interest cost. Based on current expectations, the Congressional Budget Office guesses that the government deficit from 2024 through 2033
Read More
As of early 2023, over three million Aussies aged 14 and above were found to either smoke or vape. With a greater number of teens and young Aussies taking up vaping, it has created a massive potential market for cannabis cultivators and manufacturers like ECS Botanics (ASX: ECS). ECS is launching a range of GMP-certified
Read More
Make passengers stand long enough in a queue, and you will eventually face their wrath. This is especially true at airports, where concerns about missing a flight take precedence (sometimes even over civility). As artificial intelligence (AI) grows, it can be helpful in analysing passenger data, helping you optimise how long it takes for them
Read More
Legal proceedings against rutile miner Sierra Rutile (ASX: SRX) in 2018 are to finally reach a conclusion with the High Court of Sierra Leone ruling against the producer, ordering the company to pay USD $1.16 million (approx. AUD $1.8m) to Transcend International Resources. The judgement ruled in favour of Transcend which lodged a claim totalling
Read More
The XJO is expected to edge higher on open this morning following a strong move up in the U.S on Friday. Their futures are in the red this morning which may help explain our relative muted open despite their renewed confidence on Friday. We should retest 7,000 open, a level of resistance our market has
Read More