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Weekly Wrap 3 November

Grady Wulff
November 3, 2023
Volatility in global markets continued into the last trading week of October, however, so far November has started on a green note across the key trading regions. Investors started buying again given Fed maintained the US cash rate for another term, eurozone inflation data came in at a 2-year low for October, and Australian quarterly company results showed resilience across some sectors. Concurrently, governments worldwide are actively pressing forward with the transition to green energy with key commodities playing a vital role.
In this week’s wrap, Grady covers:
  • (0:33) geopolitical tensions and China’s recovery post-pandemic,
  • (0:52) the rally of infrastructure investment company, Infratil,
  • (1:02) governments pushing for a transition to green energy,
  • (2:52) key commodities’ impact on the energy transition,
  • (3:49) the $2 billion Hydrogen Headstart program,
  • (5:11) the best performing stocks in the ASX200,
  • (6:06) the most traded stocks & ETFs by Bell Direct clients, and
  • (6:34) five economic news items to watch out for.

Read the transcript here 

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