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WOW experienced a sharp fall to reflect the demerger of its business with new shares issues under a separate listed company – Endeavour (which is currently trading at $6.92 a share). Since then, WOW has gained strong momentum, with a strong surge in Augus

Global markets were mostly down overnight, with the US market (S&P 500 index, -1.3%) falling below its 100-day moving average as investors feared persistently high inflation as surging energy prices continue with oil +3% overnight.

Key events this week include the RBNZ rate call this Wednesday, and RBA decision this Tuesday. The RBNZ announcement will be particularly interesting given the market is expecting and pricing in a 0.25% interest rate hike. 

Global markets were mixed overnight, with the US market (S&P 500 index -1.2%) down for the session, wrapping up the month down -4.8%, its worse month since March 2020.

Global markets were mixed overnight, with the US market (S&P 500 index +0.2%) up slightly as calmness returned back to the market after Tuesday saw the worse sell off since May.