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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.

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An introduction to utilities

Utilities are companies that produce and deliver basic essential services such as electricity, natural gas and water. These services are delivered by a network of assets that require the use of public rights-of-way.

READ NOW

12 ETF ideas for 2024

Most major global equity indices posted double-digit returns, while the Nasdaq-100 (INDEXNASDAQ: NDX) produced an incredible 54% rally. A reminder that markets can and will surprise you!

READ 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

An introduction to utilities

Utilities are companies that produce and deliver basic essential services such as electricity, natural gas and water. These services are delivered by a network of assets that require the use of public rights-of-way.

Listen now

12 ETF ideas for 2024

Most major global equity indices posted double-digit returns, while the Nasdaq-100 (INDEXNASDAQ: NDX) produced an incredible 54% rally. A reminder that markets can and will surprise you!

Listen now

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