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Gold prices under pressure as dollar strengthens and Biden visits Israel.

Gold prices remain under pressure but near three-week highs amid renewed dollar strength. The US dollar strengthened against the basket of other currencies as retail sales increased more than expected in September as households spent more, suggesting the economy ended the third quarter on a strong note.

Better-than-expected retail sales that rose 0.7% in September fuel optimism of the FED hiking interest rates before year-end, which should fuel further dollar strength.

Gold looks set to remain under pressure near the 1930 an-ounce level as US President Joe Biden heads to Israel to try and quell tensions. The yellow metal had rallied by more than 2% last week as investors rushed to safe havens on concerns of immediate escalation in the Israel-Hamas war.

https://www.stockspecialist.com.au/post/kogan-share-price-plunges

Kogan plunges on half-year results The Kogan share price has been hit again today following the release of their half-year results.

https://www.stockspecialist.com.au/post/lovisa-bounces-on-results

Lovisa bounces of half-year results Lovisa reported its results for the first half of FY22, showing robust growth across all operating metrics.

https://www.stockspecialist.com.au/post/dominos-fails-to-deliver

Dominos fails to deliver Shares in Dominos Pizza shed 14% to a near one-year low on Wednesday, dropping to $86.13 to be trading around levels seen in March 2021.

https://www.stockspecialist.com.au/post/hub24-reports-record-half

HUB24 reports record first half Shares in HUB24 jumped 5% on Tuesday after it announced its results for the first half of FY22. The financial services provider reported group underlying NPAT of $14.2 million, more than double the first half of FY21.

https://www.stockspecialist.com.au/post/dicker-data-acquisition

Dicker Data to acquire Hills division Dickers Data shares jumped over 4% on Monday bucking the wider Technology slump after the IT distribution announced it would acquire the Security and Information Technology distribution division of Hills Limited in Australia.

https://www.stockspecialist.com.au/post/inghams-impacted-by-omicron

Inghams impacted by Omicron Inghams Group slipped 5% on Friday after it announced its half-year financial results which had been significantly affected by Omicron.

https://www.stockspecialist.com.au/post/qbe-profit-fails-to-impress

QBE profit fails to impress QBE shares slumped almost 9% on Friday despite reporting a material turnaround in underwriting profitability for FY21 versus last year.

https://www.stockspecialist.com.au/post/tabcorp-boosted-by-lotteries

Tabcorp boosted by lotteries Investors sent the shares of Tabcorp 4% higher on Thursday, after the gambling giant said it achieved a record Lotteries result and despite significant Covid impacts on its other businesses.

https://www.stockspecialist.com.au/post/csl-surge-boosts-asx-indexes

CSL surge boosts ASX indexes CSL boosted Aussie indexes on Wednesday after the healthcare giant rose 8.5% to close at a four-week high of $263.69, following the reporting of a $1.8 billion half-year profit.

https://www.stockspecialist.com.au/post/seek-boosted-by-revenue

Seek boosted by strong revenue and investment Seek shares bucked the wider market trend on Tuesday after releasing its half-year results for FY22, which saw the employment and education business grow revenue and margins, while accelerating investment.

https://www.stockspecialist.com.au/post/beach-energy-surges

Beach Energy surges on profit growth Beach Energy shares surged on Monday after it released its FY22 half-year results, in which a successful period of growth project ex*****on helped the company deliver solid growth in profits.

https://www.stockspecialist.com.au/post/kathmandu-diversification-strategy

Kathmandu benefits from global diversification strategy Kathmandu Holdings shares were modestly higher on Friday after the billon dollar outdoors retailer reported strong growth, despite further travel restrictions and significant disruption from the recent Covid outbreaks.

https://www.stockspecialist.com.au/post/baby-bunting-5b-market

Baby Bunting aims for $5B market Baby Bunting Group shares finished modestly lower, despite the baby goods retailer posting a relatively positive set of half-year results,

https://www.stockspecialist.com.au/post/anteotech-hit-by-tga

AnteoTech hit by new COVID test trials AnteoTech shares slumped on Thursday after the biochem company provided an update on its Therapeutic Goods Administration (TGA) submission for its rapid COVID test.

https://www.stockspecialist.com.au/post/idp-education-record-half

IDP Education posts record half IDP Education posted a record set of numbers as it announced its results for the first half of the 2022 financial year on Wednesday.

https://www.stockspecialist.com.au/post/graincorp-upgraded-guidance

GrainCorp surges on upgraded guidance GrainCorp shares surged over 12% on Monday after it announced it is expecting to report strong results for the 2022 financial year, bolstered by a “bumper” crop, continued demand for Australian grain, and only minimal disturbance from supply chain issues.

https://www.stockspecialist.com.au/post/news-corp-lifted-by-ad-demand

News Corp lifted by ad demand News Corp shares jumped on Friday after the global media giant reported financial results for the December quarter.

https://www.stockspecialist.com.au/post/strike-energy-award

Strike Energy secures government award Strike Energy shares have had volatile week of trading after the oil and gas company announced that its Project Haber has been awarded Major Project Status by the Australian Federal Government.

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https://www.stockspecialist.com.au/post/aussie-broadband-growth

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https://www.stockspecialist.com.au/post/arb-strong-sales

ARB shares jump after strong sales report Shares in 4 x 4 parts maker ARB were one of the strongest performers on the ASX on Monday after jumping almost 8% following a strong trading update.

https://www.stockspecialist.com.au/post/newcrest-sinks

Newcrest sinks to 3-year low Newcrest shares slumped to three-year low on Friday plummeting by as much as 9% as the gold miner underperformed the rest of the gold sector, which struggled due to the price of gold price dropping back below US$1800 an ounce.

https://www.stockspecialist.com.au/post/imugene-european-patent

Imugene granted European patent Imugene shares surged 10% on Friday after it announced it was granted approval for a European patent on its HER-Vaxx immunotherapy.

https://www.stockspecialist.com.au/post/jumbo-international-growth

Jumbo adds to international growth Jumbo Interactive bucked the wider market slump and gained over 2% after it announce it would acquire StarVale Group, a leading UK External Lottery Manager and digital payments company.

https://www.stockspecialist.com.au/post/vulcan-secures-new-permit

Vulcan secures new permit Vulcan Energy Resources has continued the growth and diversification of its development portfolio as it aims to become the world’s first integrated lithium and renewable energy producer with a net-zero carbon footprint.

https://www.stockspecialist.com.au/post/nuix-crashes-on-disappointing-update

Nuix crashes on disappointing update Nuix shares fell by 23% after releasing a trading update in relation to results for the first half of FY22.

https://www.stockspecialist.com.au/post/whitehaven-sinks-on-output-cut

Whitehaven sinks on output cut Whitehaven Coal shares were savaged on Friday after the miner downgraded its output number.