ANZ Roy Morgan Consumer Confidence for the week ended February 25
The previous week was a big drop after a good run higher.
Bit of a bounce back this week
(ps. Not usually too much of an immediate forex market mover)
The previous week was a big drop after a good run higher.
Bit of a bounce back this week
(ps. Not usually too much of an immediate forex market mover)
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WMT's high valuation (43x P/E) sparks analyst downgrade. AMZN (28x P/E) & TSMC (24x P/E) offer better value.
Oil rises as US troop build-up fuels fears of escalation toward Iran, with Kharg Island in focus. Trump continues ceasefire rhetoric, but markets see misdirection as risks to supply and potential ground operations grow.
Australia's RBA eyes tokenized assets, boosting efficiency & $16.6B annual gains. Regulatory clarity is key.
Australia's fuel imports hit 850k b/d, 80-90% reliant on Asia. Stocks at 37 days, below IEA needs.
Interface VP sold 8K shares near peak, still holds 103K. Stock's up 26% YTD.
Trump speaking, says Iran is negotiating and want a deal. Trump, of course, is not necessarily speaking truth here.
SNDK drops 4% on AI memory threat & $1B Nanya stake. Valuation concerns rise.
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