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Weekly Wrap 2 December
The Aussie share market rallied 1.3% this week (Mon-Thu), encouraged by the Chairman of the Federal Reserve, Jerome Powell’s speech, that essentially confirmed the Fed will slow the pace of interest rate hikes in December.
In this week’s wrap, Sophia covers:
- (0:15) What to expect from OPEC’s meeting on Sunday
- (0:34) The impact of a price cap on Russian crude
- (1:01) What production cuts really mean for energy markets
- (3:20) The best performing stocks on the ASX200
- (4:11) The most traded stocks & ETFs by Bell Direct clients
- (4:38) Five economic news items to watch out for
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