18/10/2023
Gold prices under pressure as dollar strengthens and Biden visits Israel.
Gold prices remain under pressure but near three-week highs amid renewed dollar strength. The US dollar strengthened against the basket of other currencies as retail sales increased more than expected in September as households spent more, suggesting the economy ended the third quarter on a strong note.
Better-than-expected retail sales that rose 0.7% in September fuel optimism of the FED hiking interest rates before year-end, which should fuel further dollar strength.
Gold looks set to remain under pressure near the 1930 an-ounce level as US President Joe Biden heads to Israel to try and quell tensions. The yellow metal had rallied by more than 2% last week as investors rushed to safe havens on concerns of immediate escalation in the Israel-Hamas war.
25/02/2022
https://www.stockspecialist.com.au/post/kogan-share-price-plunges
Kogan plunges on half-year results
The Kogan share price has been hit again today following the release of their half-year results.
24/02/2022
https://www.stockspecialist.com.au/post/lovisa-bounces-on-results
Lovisa bounces of half-year results
Lovisa reported its results for the first half of FY22, showing robust growth across all operating metrics.
23/02/2022
https://www.stockspecialist.com.au/post/dominos-fails-to-deliver
Dominos fails to deliver
Shares in Dominos Pizza shed 14% to a near one-year low on Wednesday, dropping to $86.13 to be trading around levels seen in March 2021.
22/02/2022
https://www.stockspecialist.com.au/post/hub24-reports-record-half
HUB24 reports record first half
Shares in HUB24 jumped 5% on Tuesday after it announced its results for the first half of FY22. The financial services provider reported group underlying NPAT of $14.2 million, more than double the first half of FY21.
22/02/2022
https://www.stockspecialist.com.au/post/dicker-data-acquisition
Dicker Data to acquire Hills division
Dickers Data shares jumped over 4% on Monday bucking the wider Technology slump after the IT distribution announced it would acquire the Security and Information Technology distribution division of Hills Limited in Australia.
19/02/2022
https://www.stockspecialist.com.au/post/inghams-impacted-by-omicron
Inghams impacted by Omicron
Inghams Group slipped 5% on Friday after it announced its half-year financial results which had been significantly affected by Omicron.
19/02/2022
https://www.stockspecialist.com.au/post/qbe-profit-fails-to-impress
QBE profit fails to impress
QBE shares slumped almost 9% on Friday despite reporting a material turnaround in underwriting profitability for FY21 versus last year.
17/02/2022
https://www.stockspecialist.com.au/post/tabcorp-boosted-by-lotteries
Tabcorp boosted by lotteries
Investors sent the shares of Tabcorp 4% higher on Thursday, after the gambling giant said it achieved a record Lotteries result and despite significant Covid impacts on its other businesses.
16/02/2022
https://www.stockspecialist.com.au/post/csl-surge-boosts-asx-indexes
CSL surge boosts ASX indexes
CSL boosted Aussie indexes on Wednesday after the healthcare giant rose 8.5% to close at a four-week high of $263.69, following the reporting of a $1.8 billion half-year profit.