The ASX witnessed its largest surge in 10 months, driven by positive US data. Mining giants and major banks led the gains, defying market expectations.
MPC’s CEO discusses ASX dynamics on Ausbiz, Australian job growth surprises, and rising oil prices pose challenges for global economies.
Equities were up overnight on stronger than expected retail sales pointed to a resilient economy even as inflation data came in hotter than expected.
This website provides general advice that does not take into account your individual objectives, financial situation, or needs. Past performance does not guarantee future results. The trade recommendations in our Pilot Portfolios are hypothetical, may exclude certain fees, and are not a basis for future investment decisions. Please do not rely solely on this information. We recommend seeking appropriate financial, taxation, and legal advice before making any investment decisions. Please refer to our Financial Services Guide for more information about our services.