Charlie’s Charts 12th June 2025
The local market briefly made a fresh all-time high this week. One possible reason the Australian Index is stronger than the US index could be that a lot of US investors are parking more of their assets in offshore markets says a story in the Financial Review today. There are 48 Australian stocks in the MSCI EX-US index with the Commonwealth Bank the 10th biggest company in this benchmark and in a way creates even more demand for the stock. The much hyped US stock market is yet to regain the previous highwater mark. The upcoming bond auctions in the […]