Reported about 2 months ago
Australian stocks are experiencing their longest winning streak since December 2015, with the S&P/ASX 200 Index gaining for nine consecutive days. This upward trend is expected to continue, buoyed by positive indicators such as potential interest rate cuts from the Federal Reserve and stronger-than-anticipated earnings reports from local banks and technology firms. Investors are showing increased confidence in the resilience of both the Australian and global economies.
Source: YAHOO