Listen "Weekly Wrap 31 January"
Episode Synopsis
Australian stocks rallied to record highs this week due to easing inflation and positive corporate results, raising hopes for a February rate cut. The upcoming earnings season will reveal the impact of factors like subdued Chinese demand, a weakening Australian dollar, and fluctuating commodity prices on various sectors, including miners, tech, REITs, and consumer discretionary.In this week’s wrap, Grady covers: (0:50): China’s signs of a post- pandemic recovery(1:31): what the gold rally means for gold producers (2:11): the performance of mining stocks (3:30): what to expect this reporting season (4:23): how the local market performed this week so far (5:11): the most traded stocks & ETFs by Bell Direct clients (5:38): economic news items to watch out for.
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