ASX:WSA

WESTERN AREAS LIMITED

Barry FitzGerald

Despite its recent run, the nickel price remains some way from the “excitement levels” of yesteryear. But as this week’s BHP-Mincor deal shows, there is a buzz about what could be around the corner, with inventories falling and demand forecast to soar thanks to nickel’s key role in lithium batteries.... Show More

James Gerrish

The US market was weak overnight, the S&P 500 off by around -0.40% and that selling ticked into local stocks throughout our session today, more so in the morning before buyers stepped up into weakness and the market finished ~25 points up from the session lows, but still in the... Show More

James Gerrish

The market was soft on open this morning giving back all the gains and them some implied by the SPI Futures on Friday (+20pts), however buyers stepped up to the plate largely focussing on the banking stocks ahead of the Hayne RC report which is just out – my initial... Show More

James Gerrish

Given the commentary from Jerome Powell (US Fed Chair) overnight, specifically around the trajectory of interest rates in the US (lower for longer) but more importantly the ability (and willingness) of the Fed to use unconventional measures to support the economy, trade in the US after the press conference and... Show More

James Gerrish

A better day for stocks with the market higher throughout the session – not to the extent that we saw in the US overnight where the Dow Jones rallied by +669pts plus we’ve seen FUTURES up another +103pts during our session, but a reasonable bounce non-the-less. The banks were the... Show More

Equities
Alex Cowie

The chaos of reporting season makes a good case against markets being efficient. It will take weeks, if not months, to fully parse the recent data download of many hundreds of reports, and to also process views gleamed from the ensuing company roadshows. Reporting season can thus generate a long... Show More

James Gerrish

Stocks were weaker again this morning in early trade, before buyers stepped up to the plate throughout the day and the index grinded higher – closing near its highs. A barrage of reports hit the mkt pre-open (and BHP just out now) and that kept the desk busy early on... Show More