The XJO is expected to open flat this morning despite a pullback in the U.S overnight. Yesterday we pulled right back from our highs to finish fairly flat, and coupled with slightly positive U.S futures, this is likely why we are seeing a muted open. Yesterday we tested the key resistance at roughly 7,380 in
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You might be reading this news piece from your office desk or from a balcony in sunny Italy. It does not matter. Since the COVID-19 pandemic, we’ve seen a rise in flexible working arrangements, and this has had an impact on business travel both from the company and employee perspectives. On the one hand, many
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It seems fewer people are putting a Michael Hill (ASX: MHJ) ring on it, as the retail company witnesses a decline in its sales and earning. The persisting inflationary environment has left people putting huge life events, like engagements, on the backburner till the wallet can weather this storm. Discretionary spending has declined, and balance
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“Officials from the corporate regulator arrived at the Nuix headquarters in Sydney searching for evidence that the company’s chief executive, Jonathan Rubinsztein, traded shares while possessing confidential information.” Wrong, said tech company Nuix (ASX: NXL), responding to a claim by the Australian Financial Review. For one, the regulators sent an email. Secondly, the investigation took
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The XJO is expected to open flat this morning following a marginally higher finish for the U.S last night. Their futures have edged into the red which is likely contributing to our muted open. Yesterday we managed to break through 7,280 key resistance convincingly. We had been skirting alongside it for the past couple of
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Three CEOs within 18 months, a serious listing breach, and an ASX censure. It seems like the stars were not so aligned for cannabis manufacturing company Creso Pharma’s past (formerly ASX: CPH), but with a fresh leadership and a recent name change to Melodiol (ASX: ME1), the Company is back to chasing its American and
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