Despite a slight decline on Friday, the Aussie market extended its winning streak to six straight weeks. Iron ore miners continued to stand out.
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Here’s a preview of the upcoming week including 5 key things to watch in markets.
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CommSec Market Analyst, James Tao looks over how the market performed this week, the best & worst performing companies and discusses some of the headlines which received the most attention.
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The Aussie market is down by 0.3% due mainly to declines in the healthcare sector. The ASX 200 remains on track to record its sixth straight weekly advance.
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CommSec Senior Economist Ryan Felsman previews the economic & financial market events scheduled for the week ahead including the Mid-Year Economic & Fiscal Outlook (MYEFO), Reserve Bank Board meeting ...Show More
While the jump in claims for unemployment benefits is negative for the economy, the hope is that it will accelerate progress on agreeing a fiscal stimulus package. Higher oil prices drove the energy s...Show More
The Aussie market fell by 0.67% on Thursday, snapping a seven-day winning streak after hitting a 9.5 month high just yesterday.
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The Australian sharemarket is slipping by 0.4% after seven days of gains and the ASX 200 hitting a fresh 9.5 month high yesterday.
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