The Chinese property crisis has led to stock piles of iron ore and finished steel products, which has sent the price of Austalia’s biggest export falling. Senior Equities adviser at Bell Potter Securities, Giuliano Sala Tenna says he’s expecting to see a correction in the industry as the price comes down closer $US80 per tonne. … Read more
The ABS monthly inflation indicator held steady in February at 3.4% for the third month in a row, prompting the share sector to rise on anticipation the Reserve lender will cut debt charge rates later this year. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-03-27/auction-houses-sell-aboriginal-art-no-royalties/103542626 The chief economist of Barrenjoey Capital Partners, Jo Masters, says confidence is … Read more
Are you a beginner looking to invest in asset-backed securities? This beginner’s guide is perfect for you! In this video, we’ll explain what asset-backed securities are and how they work, along with the different types of ABS and their uncertainty and return characteristics. We’ll also go over the benefits and drawbacks of investing in ABS. … Read more