Terrence Cummins International Business Coaching & Consultancy | Businesses

Terrence Cummins International Business Coaching & Consultancy

Phone: +61 7 4036 2295

Add/Update information

Reviews

Tags

• Businesses
• Local service
• Business service
• Consultation agency
• Consulting agency

24.01.2022 A partial trans-Tasman bubble is two weeks away from being launched but only for NSW and the Northern Territory allowing New Zealanders to travel to Australia without having to go into quarantine. Jacinda Ardern holding a sign posing for the camera Provided by Sky News Australia South Australia is expected to be the next state to join the bubble.

22.01.2022 Today, November 25, the ASX 200 finished with a gain of 39 points to close at 6683. This is again another COVID high as excess global liquidity (cash) is finding its way into the equity market. The inflows into equities have been high during the month, which has seen the ASX increase in November 12.7%. This is the highest November performance for 100 years and the best month since March 1988 (after the 1987 crash). History shows after a strong November, we have a positive Dec...ember so the rally could continue into Christmas (Santa Claus rally). The ASX is one point lower than the start of the year. This is a remarkable recovery given the 35% sell-off we saw in February and March. The gains are still happening in value stocks and the great rotation out of pandemic benefiting stocks is still occurring. Today the worst performing sectors were IT, Healthcare and Consumer Staples. While the best were Energy, Banks, Materials and REIT's Wall St provided a positive lead with the Dow Jones hitting a new record of 30000. We are seeing a global rally this month mainly thanks to the vaccines. DOW up 13% S&P500 up 11% Nikkei up 15.3% FTSE up 15% German DAX up 15% and the French CAC up a staggering 21% on. The AUD has strengthened during the month, so this has taken some gloss off some of the International results unless the currency is hedged. Other Stories: Australia and Singapore have announced the world's largest solar farm in the NT $16bn. Today's Sector Movements Best - Energy 2.8%, Worst - IT -3.6% The Banking Index increased from 106.3% to 111.5%. US VIX Index decreased from 23.70 to 21.64. Seems the market is becoming comfortable with a Biden presidency. Iron Ore decreased from $128.83 to $127.42. A six-year high was $130.17 Copper increased from $3.28 to $3.30 New recent high $3.30. A good sign. Gold decreased from $1871 to $1801. Record high $2063. AUD/USD increased from 73.14c to 73.35c Fell to a low of 55c. USD weakening USD/CNY increased from $6.56 to $6.58 The lowest point $6.56. Asian markets - mixed. US 10 year Bonds increased from 0.82% to 0.88% Hit a low of 0.31%. I'm adding the US 30 year Bond which increased from 1.52% to 1.61% (if this one start to rise, then it could provide inflation and volatility sign). Near the highest level for the year. German Bonds increased from -0.58% to -0.56%. Hit a low of -0.9% Japanese Bonds increased from +0.017% to +0.023% Aussie Bonds 10 year Bonds increased from 0.86% to 0.94%. Lowest point 0.68% Other rates 1 year 0.043% 2 year 0.10% 4 year 0.19% 5 year 0.31%. The RBA cut rates to 0.1% Aust 15 year Bonds 1.29%. Oil price increased from $42.51 to $45.08. Looks like we are getting the rise we thought. Tungsten remained at $220 to $225 mtu. A thought for you .. See more

20.01.2022 Possible good news for school leavers as Treasurer Josh Frydenberg says his aim is to get people back to work faster than previous recessions as he announced the government will subsidise apprenticeships.

18.01.2022 Queensland expands New South Wales border zone JOINT STATEMENT Premier and Minister for Trade The Honourable Annastacia Palaszczuk Deputy Premier and Minister for Health and Minister for Ambulance Services...Continue reading

15.01.2022 This is good news for the tourism industry in particular.

13.01.2022 Today, the first week into October the ASX 200 was down 81 points to finish at 5792. This is 180 points lower than the last market post and is back to the low end of the four-month trading range. The day was already down, but it went lower when President Trump tested positive to COVID (fake news????). The US futures are currently down 300 points with the jobs report out tonight. Thankfully, we have a long weekend in several Australian States, so the US will have two trading s...Continue reading

11.01.2022 Today, September 29 the ASX 200 was flat after the market was expecting a positive day. The index finished at 5952 which is up 76 points from the last market post but still very much in the four-month trading range established in June. Markets appear to be looking for the next catalyst to break out of that range. At this point, the downside has the edge as the US election is only weeks away and no second stimulus package is likely. The virus is still rising in Europe and glob...Continue reading

11.01.2022 Yesterday, September 24 the ASX 200 dropped 48 points to finish at 5876, which is only 11 points higher than the last market post and confirms that markets continue to trade within a narrow range. We have been in this range (5750 to 6150) since the start of June. However, in recent days we see broader daily % moves which could be a precursor to something bigger. As mentioned in the last market post, the K economy description fits the current situation as the pandemic is affec...Continue reading

10.01.2022 It seems that State boarders are starting to open which is probable good news for the tourism sector and businesses generally.