Market wraps 5th November 2021
Weekly Wrap 5 November
The Aussie share market rallied 1.4% this week (Mon-Thu), and the RBA held the cash rate at 0.10%. However, interest rates may now rise earlier than expected based on the latest inflation data.
In this week’s wrap, Sophia covers:
- (0:57) Megaport (ASX:MP1) advancing 11% after a strong quarterly result
- (1:52) The first crypto ETF breaking an ASX record
- (3:08) What to consider when inflation is rising
- (3:46) When housing prices should fall
- (4:53) What stocks Bell Direct clients were trading this week
- (5:35) Four economic news items to watch out for