Need 4 Speed - Pre Market ASX Report - 12/09/22

G'day folks and welcome to another trading day!

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Content Summary

• ASX & Economic Key Events
• Trading Idea of the Day
• APAC Daily Report
• Market Snapshot & Highlights
• Global Markets Headlines
   

ASX Key Events

Trading Idea of the Day

SEK - Seek Ltd

• BULLISH BIAS
• Key levels on the chart - consider taking trades from key support/resistance levels
• Chart Analysis Week Ahead

APAC Daily Report

Click here to access our daily APAC report, prepared by my fellow market analyst @TinaTeng_CMC

Market Snapshot & Highlights as of 7AM AEST

EXPECTATIONS: Energy & Material sectors potentially UP
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Global Markets Headlines

• Queen Elizabeth’s coffin arrives in Edinburgh as mourners line streets (CNBC)

• Fed’s Waller sees ‘significant’ rate hike this month, backs data-dependent approach (CNBC)

• Inflation Showed Signs of Easing in Several Industries in August (WSJ)

• EU ministers meet to discuss Europe’s looming energy crisis (CNBC)

• For Wall Street, a Strong Dollar Is Front and Centre (WSJ)

• Oil Prices Slump as Recession Fears Grow (WSJ)

• BYD shares boosted by plans to build first EV plant in Thailand (OPTO) 

Economic Calendars

Economic Calendar (TODAY)
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Economic Calendar (YESTERDAY)
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(All news & data sourced from AFR / The Australian / Bloomberg / Reuters / CNBC / Wall Street Journal / Morningstar / OPTO/Trading Economics)