Kevan Sangster

Stock market today: Nasdaq hits fresh record, S&P 500, Dow rise as Wall Street closes winning week on high note US stocks rose as Wall Street assessed President Trump's nomination of Stephen Miran to the Federal Reserve Board of Governors and the close of the first day under his sweeping new tariffs.

US markets closed higher Friday, with S&500 ⬆️ 0.78% as investors reacted positively to new Reserve Board Governor appointment.

The nomination of Stephen Miran for Reserve Board is seen as positive for potential interest rate cuts…

#EconSky #markets

finance.yahoo.com/news/live/st...

In #Australia, expect local #ASX to open lower today on trade fears, after finishing ⬇️ 0.14% yesterday.

Monthly business turnover data for July out today may guide market, along with stronger commodities..

Gold ⬆️ 0.84%
Silver ⬆️ 1.13%
Iron Ore ⬆️ 0.01%

#auspol #ausecon

Stock market today: Dow slides, Nasdaq jumps to record as tariffs kick in, Trump nominates Miran to Fed board US stocks edged higher as President Trump hinted at chip tariff carveouts as sweeping duties took effect.

Wall Street closed slightly lower Thursday, with S&P500 ⬇️ 0.08% on US #tariffs policy fears.

Many trading partners were hit with increased tariffs on exports to US as deadline expired.

Tech stocks bouyed broader market to limit the losses..

#EconSky #markets

finance.yahoo.com/news/live/st...

Sounds good on first glance, but here’s what would happen:

Increase in GST would put prices up, causing inflation to spike

➡️ RBA would be less likely to reduce interest rates as a result

➡️ Aussies would pay more on their home loans for longer

Be careful what you wish for..

#ausecon #auspol

In #Australia , local market is expected to open slightly lower today after closing ⬆️ 0.84% on Wednesday.

Updated July building approvals data out today (11.30am AEST) may influence market, along with lower commodity prices..

Gold ⬇️ 0.35%
Silver ⬇️ 0.17%
Iron Ore ⬆️ 0.07%

#auspol #ausecon

Stock market today: S&P 500, Nasdaq lead stocks higher as Apple surges US stocks climbed amid a tough batch of corporate earnings after the bell and persistent trade uncertainty.

Tech stocks again drove #US markets higher Wednesday, with S&P500 ⬆️ 0.73% as Apple announced $100bn investment in domestic manufacturing.

The tech giant’s shares rose 5.09% as US Govt also announced Apple will avoid tariffs on Indian imports.

#EconSky #markets

finance.yahoo.com/news/live/st...

This is scary stuff #America …

Let’s hope our Australian health secretary doesn’t go down this route.

Worth remembering that #Australia had just over 25,000 deaths attributed to #Covid19 .

The number in US was over 1.2 million..

#PoliSky #RFKJr #vaccines #auspol

Australian markets are expected to open slightly higher today according to futures market, after ASX200 climbed 1.23% yesterday.

Quarterly cost of living data out today may temper gains.

Mixed commodity prices overnight:

Gold ⬆️ 0.19%
Silver ⬆️ 1.04%
Iron Ore ⬇️ 1.01%

#auspol #ausecon

Stock market today: Dow, S&P 500, Nasdaq fall as Wall Street digests earnings, Trump tariffs Stocks slipped on Tuesday as investors braced for the next wave of corporate earnings.

US markets retreated Tuesday, with S&P500 ⬇️ 0.49% on profit taking after Monday’s rally & nervousness on economy.

Weak services sector data for July contributed to concerns.

Data stock Palantir bucked the trend, up 7% on improved earnings.

#EconSky #markets

finance.yahoo.com/news/live/st...

Netanyahu to propose full reoccupation of Gaza, Israeli media report The plan will involve a complete takeover of Gaza, but reportedly faces opposition from military chiefs.

This has been the plan all along, especially since #Netanyahu is beholden to extreme nationalists in his coalition govt.

And #Trump will facilitate it, because he just sees a real estate deal..

Will #Australia comply?

#auspol #PoliSky #Gaza

www.bbc.com/news/article...

YouTube video by Garys Economics The REAL reason behind the housing crisis

This is worth a watch ⬇️

youtu.be/BTlUyS-T-_4?...

In #Australia , local #ASX should open higher today on back of positive lead from Wall Street.

Investors still seeing value in Aussie stocks despite recent warnings that market may be overpriced.

Hot commodity prices a factor..

Gold ⬆️ 0.30%
Silver ⬆️ 1.03%
Iron Ore ⬆️ 1.31%

#auspol #ausecon

Stock market today: Dow jumps 580 points, S&P 500, Nasdaq have best day since May as Wall Street bounces back US stock futures were little changed following a week of sharp declines.

#WallStreet bounced back Monday, with S&P500 ⬆️ 1.47% to erase most of Friday’s losses.

Tech stocks led the way, as Nvidia rose 3% and both Meta & Microsoft closed at all time highs.

Tariff concerns still exist but traders bought the dip today.

#EconSky #markets

finance.yahoo.com/news/live/st...

In #Australia , futures market predicting #ASX200 will open lower again today, after falling 0.06% over last week.

Household spending (Tuesday) & Business Turnover data (Friday) will help guide market this week.

Gold ⬆️ 2.21%
Silver ⬆️ 0.88%
Iron Ore ⬆️ 0.10%

#auspol #ausecon

Job market concerns take center stage as earnings season rolls on: What to watch this week Concerns over US economic growth have taken center stage despite a solid corporate earnings season from S&P 500 companies.

After Friday’s losses sparked by -ve job data, S&P500 ended week ⬇️ 2.36%

With lack of economic data in week ahead markets will focus on corporate earnings, with Disney, Eli Lilly & Palantir headliners

Sept rate cut now firmly on cards..

#EconSky #markets

finance.yahoo.com/news/job-mar...

This lady is not a politician or political operative, she is Executive Director of aid agency Medicine Sans Frontiers (Medics without borders).

#Israel claims no starvation is taking place in #Gaza .

I know who I believe…

#PoliSky

Ghislaine Maxwell moved from Florida prison to lower-security facility Ghislaine Maxwell has been transferred to a lower-security prison in Texas to continue serving her 20-year prison sentence for helping Jeffrey Epstein abuse underage girls.

This SHOULD be the biggest story of the weekend.

But strangely it isn’t…

#PoliSky #EpsteinFiles #auspol

www.abc.net.au/news/2025-08...

Footnote: This is an extract from a BBC article today on the impact of US #Tariffs globally - in this instance #India ..

#EconSky

This is in #Wisconsin on Thursday night. ⬇️

Middle America is speaking out..

#PoliSky #GOP

Stock market today: Dow, S&P 500, Nasdaq tank as market confidence cracks under Trump tariffs, weak jobs data Markets are assessing the reshaped US trade landscape after Trump on Thursday laid out steep new tariffs for dozens of countries.

Heavy falls on #WallStreet overnight, with S&P500 ⬇️ 1.60% on weak jobs report & tariff chaos.

Financial markets dislike uncertainty.

When #tariffs for individual countries can change sporadically it doesn’t encourage investment.

Or jobs..

#EconSky #markets

finance.yahoo.com/news/live/st...

This just now from BBC website, which seems to suggest #Australia has managed to secure just (!) a 10% tariff on US trade.

Compared to Canada, who have just had theirs raised to 35% ..

Utter madness in general, but a good deal (in comparison) for Aussie exporters..

#auspol #ausecon #tariffs

In #Australia , local #ASX likely to open lower today, after closing ⬇️ 0.16% yesterday.

Today’s producer price data will guide market, as investors assess impact of US #tariffs on inflation.

Commodities mixed overnight.

Gold ⬆️ 0.44%
Silver ⬇️ 1.10%
Iron Ore ⬇️ 0.49%

#auspol #ausecon

Stock market today: Dow, S&P 500, Nasdaq slide to solid month on sour note as Trump's tariff deadline, jobs report loom Wall Street weighed a tariff reprieve for Mexico, new trade deal with South Korea, and strong earnings from Meta and Microsoft.

US markets fell back slightly Thursday, with S&P500 ⬇️ 0.37% on tariff deadline fears.

Deadline for trade deals to reduce #tariffs is 1st Aug, and many nations still to agree.

Big tech countered negativity with gains after increased earnings.

#EconSky #markets

finance.yahoo.com/news/live/st...

In #Australia, expect #ASX to open lower this morning after rising 0.60% yesterday on rate cut hopes.

Today’s building approvals data will bring housing & construction onto investor’s radar.

Commodity prices down heavily overnight..

Gold ⬇️ 1.56%
Silver ⬇️ 2.72%
Iron Ore ⬇️ 2.18%

#auspol #ausecon

Microsoft posts Q4 beat on top and bottom line on cloud, AI strength Microsoft reported its Q4 earnings after the bell Wednesday.

#WallStreet fretted over corporate earnings Wednesday, with S&P500 ⬇️ 0.13% ahead of Microsoft’s after the bell results announcement.

The tech giant didn’t disappoint, beating q4 expectations.

Earlier, Fed kept rates on hold for another month..

#EconSky #markets
finance.yahoo.com/news/microso...

Alot of economists in Australia bagging the RBA on rate cuts atm. Is this due to pressure from the real estate lobby?

Personally i think they were RIGHT to hold in July amid US tariff uncertainty, and they SHOULD cut in August after yesterday’s CPI figures.

There, said it!

#auspol #ausecon

YouTube video by BBC News Gaza food emergency - on board the aircraft dropping aid to feed the starving | BBC News

Everyone needs to see this. ⬇️

The BBC’s Jeremy Bowen on an aid flight over #Gaza , describing verbally the devastation of the landscape he sees from the plane window.

#Israel refuse to let them film it. Even from the air…

EVERYONE

#auspol #PoliSky

youtu.be/I1Tt_Y74y1A?...

In #Australia , ASX200 is expected to open largely flat this morning after finishing ⬆️ 0.08% yesterday.

Today’s CPI data (11.30am AEST) will guide market today as investors look for more signs of an August rate cut..

Gold ⬆️ 0.37%
Silver ⬆️ 0.04%
Iron Ore ⬆️ 1.89%

#auspol #ausecon

Stock market today: S&P 500 snaps 6-day record streak, stocks fall as earnings flood in, Fed decision looms Wall Street digested major earnings and economic data ahead of a blockbuster week that could shake markets.

US markets took a breather Tuesday, with S&P500 ⬇️ 0.30% on mixed corporate earnings results.

Starbucks’ US sales fell for 6th straight qtr, but Boeing beat market expectations with its quarterly numbers.

Fed rate decision tomorrow looms large…

#EconSky #markets

finance.yahoo.com/news/live/st...

Geoff Wilson has a track record of opposing Labor policies on tax & super, particularly those that would affect his high net worth clients at WAM.

He’s all over the press in the last few days on this - just the usual politically motivated commentary dressed up as ‘concern’..

#auspol