MENUMENU
  • Products
    • Products

      Expand your investment portfolio with our range of products. Explore the opportunities to invest in various companies, sectors and industries globally. Learn More

      Open Account

      Products & Services

      • Australian Share Trading
      • International Share Trading
      • ETFs
  • Products
    • Australian Share Trading
    • International Share Trading
    • How to Invest in ETFs
    • IPOs
  • Markets
    • International Share Trading

      With over 20 international stock exchanges available, from emerging to mature markets, you decide what and where to invest to suit your investment strategy.
      View Markets

      Open Account

      Markets to Trade

      • Australia
      • Canada
      • China
      • Europe
      • Germany
      • Hong Kong
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Turkey
      • United States
      • United Kingdom
  • Markets
        • International Markets To Trade
        • Australia
        • Canada
        • China
        • Europe
        • Germany
        • Hong Kong
        • Indonesia
        • Japan
        • Malaysia
        • Philippines
        • Singapore
        • South Korea
        • Taiwan
        • Thailand
        • Turkey
        • United States
        • United Kingdom
        • Markets Overview
  • Fees
    • Fees

      With no custody fees (for all markets!), no inactivity fees and no minimum funding requirements, our competitive rates empower you to make trading decisions easily. View Brokerage Fees

      Open Account

      Brokerage Fees

      • Share Trading Fees
  • Fees
  • Platform
    • Platforms

      Explore how simple it is for you to trade more than 50,000 instruments through one platform. Find Out More

      Open Account

      Share Trading Platforms

      • POEMS Mobile
      • POEMS Global
  • Platform
    • POEMS Mobile
    • POEMS Global
  • Insights
    • Insights

      Access stock research reports, market news, technical analysis and more. View More

      Open Account

        Categories

      • Australian Stocks
      • Chinese Stocks
      • Hong Kong Stocks
      • Singapore Stocks
      • US Stocks
      • International Share Trading
  • Insights
    • Latest Posts
    • Chinese Stocks
    • Hong Kong Stocks
    • Singapore Stocks
    • US Stocks
    • International Share Trading
  • Learn
    • Learn

      Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus vitae enim ut lacus pellentesque iaculis.  Learn More

      Open Account

        Education

      • Share Trading 101
        • Trading Guide
        • eBook
        • 'How To' Articles
        • Video Tutorials
      • Webinars
      • FAQs

        Insights

      • Analyst Reports
      • Market News

        Client Resources

      • [ link ]
  • Learn
  • About
    • About Us

      We take you on a journey from our humble beginnings, to where we are today. Learn More

      Open Account

        PhillipCapital Group

      • Overview
      • Office Locations
  • About
  • FAQ
    • Frequently Asked Questions

      Have questions? We are here to assist. Browse our support section for quick help. Alternately, feel free to chat with our team live. View More

      Open Account

        FAQs

      • POEMS Global
      • Account Application and Opening
      • Trading Account
      • Trading
  • FAQ
  • Contact
    • Contact Us

      Speak to one of our friendly support team or visit us at one of our offices in Australia. View More

      Open Account

        Contact Us

      • Office Locations
  • Contact Us
  • Open Account
  • Login
    • Login

      Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus vitae enim ut lacus pellentesque iaculis.  Learn More

      Open Account

      POEMS 2.0

      Email:
      Password:
      Submit
Skip to content

5 Point Friday

Posted on January 21, 2022 by admin

Goodbye Afterpay – Afterpay was officially suspended from trading on Wednesday afternoon to make way for their new owner, Jack Dorsey’s Block ASX:SQ2 (formerly Square). Afterpay closed at $66.47 after seeing lows of $10 and highs of $155 in the past 2 years. Although Block has listed with a market valuation of $80 Billion, it too has seen its share price 54% since it bought out Afterpay.

Beforepay tumbles – A new Fintech, allowing access to your pay on demand at 5% cost, listed on the ASX on Monday, plunging 42%. The worst opening day performance in history. The record breaking day has casted doubt on the fintech’s chances of riding the pay-day lending wave.

China cuts rates – Amid growing chatter of the Fed raising interest rates, China has unexpectedly cut interest rates for the first time in almost 2 years as figures show a slow down in economic growth. Some economist believe that the current figures have not taken into account the latest omicron breakouts. The moves put China even further apart from major central banks around the world.

Iron Ore Rallies – May 2021 saw Iron Ore prices rocket to a whopping $US233 a tonne, a 250% increase from a year earlier. Widespread affects of the COVID pandemic on supply and demand saw the price fall to $US92 in November of 2021, a 60% decrease. The new year however has seen prices rally, already gaining 10% since Jan 1.

Oil Soars – Oil prices surged on Wednesday to their highest in since October 2014 ($US87.76 a barrel). Adding to the bullish indicators, Goldman Sachs has raised its forecast for oil to reach $US100 a barrel as early as Q3.

Click here to open a POEMS trading account

Disclaimer

This publication has been prepared solely for the information of the particular person to whom it was supplied by Phillip Capital Limited (“PhillipCapital”) AFSL 246827. This publication contains general securities advice. In preparing the advice, PhillipCapital has not taken into account the investment objectives, financial situation and particular needs of any particular person. Before making an investment decision on the basis of this advice, you need to consider, with or without the assistance of a securities adviser, whether the advice in this publication is appropriate in light of your particular investment needs, objectives and financial situation. PhillipCapital and its associates within the meaning of the Corporations Act may hold securities in the companies referred to in this publication. PhillipCapital believes that the advice and information herein is accurate and reliable, but no warranties of accuracy, reliability or completeness are given (except insofar as liability under any structure cannot be excluded). No responsibility for any errors or omissions or any negligence is accepted by PhillipCapital or any of its directors, employees or agents. This publication must not be distributed to retail investors outside of Australia.

Recent Posts

  • TDCX INC. – Accelerating client additions (NYSE:TDCX)
  • Hyphens Pharma International Ltd (SGX:1J5) – Digital Healthcare Catalyst Emerges
  • Silverlake Axis Ltd (SGX:5CP) – New Cloud System and Recovery in Bank Spending
  • Pan-United Corporation Ltd. (SGX:P52) – Construction Sector Starting to Recover
  • Five Point Friday

Categories

  • Australian Stocks
  • Chinese Stocks
  • Hong Kong Stocks
  • International Share Trading
  • Singapore Stocks
  • US Stocks

Slide Contact Us PhillipCapital
Level 5, 45 William Street
Melbourne VIC 3000
Toll Free: 1800 214 624
International: +61 3 8633 9800
Useful Links About Us Open an Account Frequently Asked Questions Contact Us Office Locations Products & Services Australian Shares International Shares ETFs Markets International Markets Fees Brokerage Fees Platforms POEMS Mobile POEMS Global
Copyright © 2018. poemstrade.com.au, “POEMS” has been prepared by Phillip Capital Limited ABN 14 002 918 247 AFSL 246827 known as “PhillipCapital”. Financial Services Guide Equity Terms and Conditions Disclaimer Product Disclosure Documents Privacy Policy