Not much to report so far during Asia and all eyes will now be on the release of the RBA minutes.
The market is expecting the RBA to unanimously stick with current policy and language and the minutes should show this. It will be interesting to see what they have to say about the effects of the Japanese earthquake as well as the high AUD.
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Aerospace stocks soar 8.7% post-earnings. TDG up 3.5% on strong revenue beat, RKLB surges 58.1%. ASLE misses, down 11.7%.
Shale M&A hits $38B, highest in 2 yrs. High oil prices fuel consolidation, DVN/CTRA deal valued at $25B.
CLX, SPB, CHD down post-earnings despite revenue beats. CL up 2.6%. Valuations mixed.
Jeff Currie warns US oil inventories are rapidly approaching minimum tank levels, with stocks falling to around 102 million barrels and the summer driving season yet to begin.
Trump warned Iran it must move fast toward a peace deal or face destruction, as Strait of Hormuz remains blockaded and Lebanon ceasefire continues to fray.
Seadrill surges 5.2% on strong earnings beat; GRNT down 6.2% on revenue miss. High risk, high reward.
CORO ETF's 31% return beats benchmark. CreativeOne Wealth buys $55M, betting on global rotation.
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