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After starting the day in the green, the ASX 200 slid into the red mid-morning as jitters took hold and Chinese inflation data was better than expected. The materials sector came under pressure from lower iron ore prices with Fortescue and Rio Tinto down 8.34% and 5.54% respectively. Meanwhile, gold miners benefited from the pullback in real yields, with Ramelius Resources up 9.79%, West African Resources up 12.18% and Gold Road Resources up 5.19%...
Our top three VODs are:
The big utility questions; like when will our airport take off?
Angus says NASDAQ jump is no dead-cat bounce and Afterpay "has some growing up to do"
The post-pandemic property market - a view from Domain CEO Jason Pellegrino
Hosted on Acast. See acast.com/privacy for more information.
After starting the day in the green, the ASX 200 slid into the red mid-morning as jitters took hold and Chinese inflation data was better than expected. The materials sector came under pressure from lower iron ore prices with Fortescue and Rio Tinto down 8.34% and 5.54% respectively. Meanwhile, gold miners benefited from the pullback in real yields, with Ramelius Resources up 9.79%, West African Resources up 12.18% and Gold Road Resources up 5.19%...
Our top three VODs are:
The big utility questions; like when will our airport take off?
Angus says NASDAQ jump is no dead-cat bounce and Afterpay "has some growing up to do"
The post-pandemic property market - a view from Domain CEO Jason Pellegrino
Hosted on Acast. See acast.com/privacy for more information.
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