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Editor’s picks

Time poor? Let Rask Media’s editor-in-chief curate your daily investment news and analysis. We select the most important news of the day, plus our favourite expert stories and columns to appear in this feed.

7-Up for S&P/ASX 200 (INDEXASX:XJO)

The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 21.8 points, or 0.3 per cent, to 7600.2 at the closing bell, with seven out of the 11 sectors finishing in the green. The All Ordinaries (INDEXASX: XAO) edged up 0.3 per cent.

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Should I sell my Core Lithium (ASX:CXO) shares?

The Core Lithium Ltd (ASX: CXO) share price was down 75.5% in 2023, following an 81.3% decline in the lithium price during the year. However, the latest news on 5 January 2024 spooked investors and resulted in a further 18% decline.  Is it time to sell before Core Lithium (CXO) goes to zero?

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Oil and gas lifts local market on Monday

The S&P/ASX 200 (INDEXASX: XJO) closed up 23 points, or 0.3 per cent, to 7578.4, around 50 points shy of its all-time high reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) gained 23.1 points, also 0.3 per cent, to 7,808.3.

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CPI test ahead

Annual core inflation dropped to 2.9%, and if we used rents on new housing leases – rather than the (lagging) average rent on all housing leases in the calculation – annual core inflation would already be close to the Fed’s 2% target level.

READ NOW

7-Up for S&P/ASX 200 (INDEXASX:XJO)

The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 21.8 points, or 0.3 per cent, to 7600.2 at the closing bell, with seven out of the 11 sectors finishing in the green. The All Ordinaries (INDEXASX: XAO) edged up 0.3 per cent.

Listen now

Should I sell my Core Lithium (ASX:CXO) shares?

The Core Lithium Ltd (ASX: CXO) share price was down 75.5% in 2023, following an 81.3% decline in the lithium price during the year. However, the latest news on 5 January 2024 spooked investors and resulted in a further 18% decline.  Is it time to sell before Core Lithium (CXO) goes to zero?

Listen now

Oil and gas lifts local market on Monday

The S&P/ASX 200 (INDEXASX: XJO) closed up 23 points, or 0.3 per cent, to 7578.4, around 50 points shy of its all-time high reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) gained 23.1 points, also 0.3 per cent, to 7,808.3.

Listen now

CPI test ahead

Annual core inflation dropped to 2.9%, and if we used rents on new housing leases – rather than the (lagging) average rent on all housing leases in the calculation – annual core inflation would already be close to the Fed’s 2% target level.

Listen now
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