It’s still not clear if China will start selling US bonds. In fact, it could be that China can’t help but buy more US bonds. As an exporting nation China earns hundreds of billions in foreign currency, particularly US dollars. Over time, they’ve piled up trillions in USD. What can they do with all these dollars?
DroneShield Limited [ASX:DRO] shares increased by 6.38% this morning.
As US bond prices collapsed, so too did bond prices in most developed countries. The rise in yields not only devastated bond portfolios, it encouraged thousands of investors to jump out of stock and into high yielding bonds. It caused the All Ordinaries (the 500 largest Aussie stocks) to fall more than 22% from its high in 1994. Question is, could we see a similar situation play out in 2018?
Pilbara Minerals Ltd [ASX:PLS] rose 9.43% today, and is currently trading at 87 cents after closing at 79.5 cents yesterday. What caused the share price rise?
Something is risky if there’s a high probability to lose money, right? Investors are told investing in an index or ETF is far safer than the alternative, holding picked stocks. So not only can you make amazing returns, you can also take on far less risk. Dreams do come true... but try telling that to anyone who bought an ETF tracking volatility.
Aussie retailer JB Hi-Fi Ltd [ASX:JBH] released a limited earnings report. There were a number of encouraging figures in the report. Yet, at time of writing, JBH is down almost 6.5%.
On the back of a positive announcement this morning, small-cap biotech firm Imugene [ASX:IMU] has jumped over 30%. At time of writing the stock is lying around at a 35.30% premium from yesterday.
Aurizon is Australia’s largest freight operator, with a focus on commodity transportation. The AU$9 billion logistics company is up almost 4% on open today, after an encouraging half-year report was released highlighting an interim increase in net profit of 52%.
Today Myer released its third profit warning since July. At time of writing Myer Holdings Ltd [ASX:MYR] shares have fallen 53.6% since this time last year. What caused the share price to drop?
The ASX200 listed technology company has moved from strength to strength throughout the past year. The stock price, at time of writing, is up around 98% from the beginning of February 2017. Yet their growth hasn’t slowed down.