News & Analysis

Stay on top of the news that directly impacts the Forex, Index and Commodity markets.

News & Analysis

Stay on top of the news that directly impacts the Forex, Index and Commodity markets.

Domain prepares $180 million for acquisition of Realbase

Domain Group encompasses a portfolio of brands that support it to be a leading property marketplace in Australia for consumers, agents and organisations with an interest in the Australian property market. Home buyers often use Domain as an alternativ...

April 12, 2022
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Commonwealth Bank’s plans to expand crypto services to 6.5M delayed by red tape

One of Australia’s biggest banks is still wading through a sea of red tape spun by local financial regulators before launching its crypto products to all its retail users. Financial regulators are standing in the way of expanded crypto servi...

April 8, 2022
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Constellation beats Wall Street expectations

Constellation Brands Inc. reported its fiscal fourth quarter 2022 financial results on Thursday. The US beer, wine and spirits producer and marketer beat both revenue and earnings per share estimates, sending the stock higher during the trading da...

April 8, 2022
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Earnings Season Explained & 2022 Performance thus far

ASX-listed companies must report their financial results to shareholders at least twice a year, within two months of the end of their balance sheet date. As most companies have balance sheet dates of 30 June, the main reporting season takes plac...

April 7, 2022
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The Agriculture Industry is running hot

The Agriculture sectors and companies that operate within it have seen a nice surge in recent months and have been booming in the wake of supply chain crunches stemming from the Russia and Ukraine conflict. The Agriculture sector includes companies t...

April 6, 2022
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Electric cars, space travel… and Twitter – Elon Musk becomes the largest shareholder

On 25th March, Elon Musk asked his 80.6 million followers on Twitter whether ''free speech is essential to a functioning democracy'' and if people ''believe Twitter rigorously adheres to this principle''. He followed up the tweet with ''The co...

April 6, 2022
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Earnings Season in full swing!

The ASX reporting season for 2022 is into full swing, with many companies having had released or are currently releasing key results in the coming weeks. These will include high-profile members of the S&P/ASX 200 Index (ASX: XJO) as well as ot...

April 6, 2022
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Tesla Q1 delivery update

Tesla Inc. reported its Q1 2022 delivery numbers on Saturday. World’s largest automaker delivered a total of 310,048 cars in the first quarter of the year – a 67% increase year-over-year. The deliveries in Q1 consisted of: 14,724 Model...

April 5, 2022
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NIO’s March delivery numbers have arrived

NIO Inc. (NIO) reported its latest delivery numbers for March on Friday. The Chinese electric vehicle company delivered 9,985 cars last month – an increase of 37.6% year-over-year. The deliveries in March consisted of: 1,726 ES8s – the...

April 4, 2022
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Biden’s push toward electric vehicles as he looks to invoke the Defence Production Act

US President Joe Biden is pushing to invoke the Defence Production Act as soon as the end of the week. The president is aiming to boost domestic production of critical minerals which are essential to the production of Electric Vehicle (EV) batteries ...

April 1, 2022
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Walgreens Boots Alliance exceeds Wall Street expectations

Walgreens Boots Alliance Inc. reported its latest financial results for the second quarter of fiscal 2022 on Thursday. The pharmaceutical company reported revenue of $33.756 billion in the quarter, beating analyst forecast of $33.228 billion. E...

April 1, 2022
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State of Play for FAANG stocks

The FAANG stocks are perhaps the most well-known and well-advertised stocks in the market. The FAANG stocks are made up of META (Which used to be Facebook), Apple, Amazon, Netflix, and Google (now traded as Alphabet). They are often grouped as they a...

April 1, 2022
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Preview: Non-Farm Payroll Announcement

It’s the beginning of a new month which means that the Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data for January will be released at 1:30pm London time on Friday. Why is the ann...

April 1, 2022
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Paychex beats estimates

Paychex Inc. reported its latest financial results before the opening bell on Wall Street on Wednesday. The US payroll services company reported total revenue of $1.276 billion for the quarter ending February 28, 2022 (a 15% increase year-over-yea...

March 31, 2022
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Woolworths’ latest green light from Goldman Sachs explained

Woolworths Group Limited is an Australian trans-Tasman retailer headquartered in Bella Vista, Sydney, with extensive operations throughout Australia and New Zealand. It is the largest company in Australia by revenue and the second-largest in New Zeal...

March 31, 2022
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