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MPC Markets recently featured on SBS World News’ “The Money Show,” hosted by Ricardo Gonçalves, to discuss the current economic events
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Bulls vs. Bears: Episode 31: Earnings Lay Bare the Hits and Misses
This week, mega-cap earnings disappoint as investors ask “where’s the revenue”, US economy starts to show cracks and middle east conflict flares up (again)
Closing Bell 16th August: Domain jumps on earnings results. ASX rally continues
The Australian sharemarket extended its gains for the sixth consecutive session, driven by broad-based optimism as investors increased their bets on potential interest rate cuts by central banks later this year. Wall Street’s overnight rally, spurred by stronger-than-expected US retail sales data, added to the positive sentiment. The S&P/ASX 200 climbed 1.3% to 7966 points, with the materials sector rebounding 2.1%.