CommSec’s Tom Piotrowski says the markets could be reasonably forgiven for being “pensive” ahead of the December quarter CPI figures to be released later this morning.
“We had a reasonable improvement yesterday, we were up by a little under a half of one per cent – markets could reasonably be forgiven
for being a bit pensive ahead of the fourth quarter CPI figures which will be released later on this morning,” he told Sky News Australia.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX 200 to start the week off on ‘encouraging terms’CommSec’s Tom Piotrowski says this week will start off on “rather encouraging terms” with the ASX 200 up by about a half of a per cent. “There were moments last week where we saw a spate of volatility – the markets sold off any number of reasons that you could rationalise, they were concerned about earnings and growth,” Mr Piotrowski told Sky News Australia. “But the market had seem some good gains over the course of the early part of the year.” Presented by CommSec.
Read more »
Supermarket prices surge 9.2 per cent in December quarterNew figures show the price of groceries at Coles and Woolworths has jumped by more than nine per cent in the December quarter across 60,000 different products. Fruit and vegetable prices plateaued in the last quarter, while dairy and meat prices continued on an upward trajectory.
Read more »
Technology stocks are ‘having a revival’CommSec’s Tom Piotrowski says technology stocks are 'really having a revival” and are “almost leading sentiment' in the market. “We’ve got the Nasdaq up by 1.7 per cent, the S&P 500 up by about a per cent and the Dow up by 0.6 of a per cent,” Mr Piotrowski told Sky News Australia. “So some of the tech stocks are really having a revival, the big marquee names, in particular. “Netflix stands out, they had some very good earnings numbers last week, which has lifted sentiment, the stocks up by about five per cent today.” Presented by CommSec.
Read more »
'Influenced by fear': Wieambilla shooter's daughter speaks upMadelyn Train has spoken out for the first time since her parents killed two young police officers and an innocent neighbour on a remote property in rural Queensland last December.
Read more »
Square Peg value jumps despite tech correctionPaul Bassat’s venture capital fund increased the value of its holdings by 7 per cent in the six months to December 31, but is bracing for a tough year.
Read more »