Hedge funds target retail investors
Hedge funds are targeting retail investors who have crowded into the sharemarket under the 'there is no alternative' premise.
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Hedge funds are targeting retail investors who have crowded into the sharemarket under the 'there is no alternative' premise.
Shares have extended early gains, putting the market on track for a 2 per cent weekly gain.
The ASX has revealed what went wrong on Monday, its most serious incident in five years.
There's a big debate brewing about whether the ASX needs to clamp down on trading halts for block trades.
RBA governor Philip Lowe has thrown responsibility for the nation's biggest economic challenges back at politicians.
Morgan Stanley said the greenback likely will extend its slide for about two more months.
Local shares are poised to open higher, as miners and base metals rallied strongly overnight.
Oil climbed to a two-week high after rival OPEC members Saudi Arabia and Iran met in Vienna again.
China removed a ban on some US beef products, opening up the trade for the first time since 2003.
The Fed's inaction has again revived gold bulls, and industrial metals are getting a ride as well.
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