ASX to fall; earnings season nears finish line

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 90%

Business News News

Business Business Latest News,Business Business Headlines

Australian shares are set to open lower after a sell-off hit Wall Street. $A tumbles on US rate outlook. Appen, Woodside to report.

: The impending rental crisis from Australia’s dire shortage of new housing will force state governments to reduce hurdles to build-to-rent projects, a new report says.On Wall St: Dow 1% STesla -2.6% Apple -1.8% Amazon -2.4% NYSE Fang -2%Brent crude +1.2% to $US83.18 a barrelData front and centre

Scotiabank on China’s PMIs on Wednesday: “Was the strong snapback in China’s economy during January a one-off response to suddenly abandoning COVID Zero policies? Or does a recovery have legs to it and to what degree?”TD Securities is waiting for the next set of ISM reports from the US: “Surveys already released point to a rebound for the ISM mfg index in February following five months of consecutive declines that saw the series drop to a post-COVID low of 47.4 in January.

Canadian bank earnings continue to roll out with fiscal Q1 results due from BNS, BMO and Laurentian Bank on Tuesday, RBC and National Bank on Wednesday, and then TD and Canadian Western Bank on Thursday.Goldman Sachs says the greenback has a green light. ”The Dollar’s momentum is gathering steam.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ASX to fall; earnings season nears finish lineAustralian shares are set to open lower after a sell-off hit Wall Street. $A tumbles on US rate outlook. Appen, Woodside to report.
Source: FinancialReview - 🏆 2. / 90 Read more »