Full-year earnings results from Commonwealth Bank, Telstra and a host of other high-profile stocks will determine the course of shares this week, while the latest unemployment data will add to the picture.
The market largely shook off concerns around the stage four lockdown in Melbourne to end the week higher. Gold rallied to a new all-time high, while iron ore and oil were also on the move.
See which shares were favoured, or fell out of favour among the SelfWealth community during July
The impact of the latest Stage Four lockdown restrictions in Melbourne could separate the performance of shares this week, with some industries likely to be hit hard, while online businesses and supermarkets could fare better.
This week’s major movers were separated by early news out of reporting season, while investors once again began to fret about the state of the global economy and the impact a rising Australian dollar might have on some of the market’s biggest companies.
Rio Tinto (ASX: RIO) has reported its first-half results for FY20. We take a look at the company's headline figures, key commentary and guidance outlook, plus review the share market's reaction across the trading day
We've detailed the latest changes to the SelfWealth SMSF Leaders Fund following our most-recent quarterly rebalance. You can learn all about what stocks have been added to the 'SELF' ETF, including a greater representation of tech shares.
News out of the US this week is set to dictate the next move for Australian shares, led by US 2Q GDP, an update from the Fed Reserve, as well as FAANG results. Meanwhile, Rio, Unibail-Rodamco-Westfield and Cimic headline the beginning of local earnings season.
The ASX struggled for direction throughout the week, at one stage leaping to a four month high, only to be sold down as USD-earning shares weighed on the ASX
Several resource stocks will hand down their quarterly results this week, while the latest news on stimulus programs in Australia and the US could have broader ramifications for the market.
The local market’s major miners did most of the heavy lifting this week, offsetting weakness from buy-now payer-later companies to ensure that the ASX notched up a weekly gain.
With a surge in the number of capital raisings in recent months, we take a look at some of the general considerations that investors should take into account before deciding whether to participate in a capital raise
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