Markets tick despite oil slick 🛢️

Chatter of expanding oil supply and diplomacy in the Russia-Ukraine conflict talks triggered a selloff in commodities across the board. Materials, gold and energy were the laggards in an otherwise buoyant local market. Tech climbed higher again, led by Block and Zip. The market embraced Sezzle’s job cuts, so it closed up nearly 9%. Uranium darling Paladin finished up 15% to take took out the top spot again. On the opposite end of the spectrum, Nickel Mines slumped 14%. So, another 1.1% rally in the S&P/ASX200 is locked in ahead of tonight’s must-watch ECB policy meeting and the potentially scorching US inflation report.

Our top three VODs:

Wielandt's three 'go to' ETFs in volatile markets

"We try to see through short term events...this one is different"

Software stocks that look like an absolute bargain

Subscriber survey: https://ausbiz.co/survey

Hosted on Acast. See acast.com/privacy for more information.