Laura Bessarati
๐ค SpeakerAppearances Over Time
Podcast Appearances
So on the back of this, we did see its share price receive a target price cut today.
Remember, it's not trading, so no reaction to that news yet.
But interestingly, we haven't seen much of a reaction in its competitor's share price, which is Ampol.
So yesterday, they only lifted slightly, and today, down by less than 1%.
Yeah, absolutely.
It's a much quieter week.
I think the calm ahead of the storm, but of course, investors will continue to focus on those comments out of President Trump over the weekend, any developments around the conflict in the Middle East.
If there perhaps could be peace talks, that could certainly be
market moving.
But like you said, not too much happening in the way of economic data over the course of this week.
When I say the calm before the storm, I'm pointing to inflation data, which will be out the following week, the 29th of April.
That's for
the month of March, but also the March quarter as well, which will give the RBA a better look at what's been happening with inflation and could potentially impact what happens with interest rates here in Australia the following week after that, which will be the decision is handed down on the 5th of May.
So we're just less than three weeks out from that decision.
So this week or the week ahead, investors can potentially take a bit of a breather.
There are a few things happening overseas.
We get retail sales out for the month of March from the United States on Tuesday night.
And of course, we are entering week two of US reporting season.
So this week, of course, we've gotten some earnings from the major banks next week, a few more banks.
And we also have a