Monthly Archives - July 2022

NASDAQ momentum snaps: Massive week ahead

25 Jul 2022 - If you think the last couple of weeks have seen a lot of news and action in financial markets, then have we got a BIG week ahead for you. There’s a Federal Reserve rate rise in the US, a high inflation reading from Australia, an economic update Thursday from the Federal Government, the first estimate of American June quarter GDP, inflation and unemployment in the EU and more US earnings in the biggest week of...

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Softer $US drives tech stocks higher: ECB raises rates in Europe

22 Jul 2022 - US equities were higher in fairly choppy Thursday trading, finishing slightly off their best levels. The $US dollar declined following a surprise interest rate hike from the European Central Bank, which raised rates for the first time in 11 years. The central bank increased benchmark rates by 50 basis points.

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