Market Wrap 20/10/19
By Victor Yan. After an optimistic mid-week push in the ASX 200 following reports of a breakthrough Brexit deal, such gains were short-lived as market optimism faltered…
Before The Bell 20/10/19
By Bryan Tan. British PM Boris Johnson’s push to get Brexit completed by October 31st suffered a setback on Saturday, when an amendment passed in British parliament forcing the premier to seek…
Before The Bell 13/10/19
By Sean Cartwright. Looking ahead this week, equity markets will start the week on an interesting note after Trump’s “partial” trade deal with China. Last Friday, the US markets were well upon this news, but were heavily sold off into close the same afternoon.
Market Wrap 12/10/19
By Gary Palar. Announced on Friday (Saturday, in Australia), the shrewdly named ‘Phase 1’ – the latest progress in US-China trade talks was unveiled by US President Donald and led the strong finish in markets this week, after relatively weak trade on Tuesday.
Before The Bell 07/10/2019
By Gary Palar. After a week coinciding with the Reserve Bank of Australia’s (RBA) decision to cut rates to another new record low of 75 basis points (bps), the same day Australian investors were taken aback as US markets processed… fuelled another bout of global recession fears.
Market Wrap 29/09/2019
By Richard Lee. Global growth concerns have been reignited with weak European data at the start of the week, primarily driven by a steep drop in German manufacturing activity.
Before The Bell 22/09/2019
By Andrew He. US-China trade talks have been cut short as Chinese negotiators ended their trip to Washington prematurely, cancelling their trip…
Market Wrap 21/09/2019
By: Charles McMillan Summons US Equities A disappointing Friday session ended the NASDAQ down for the week by 0.5 per cent. The Dow lowered the most of the big three US indices during the week, suffering a 1.14 per cent drop. Despite the biggest inflow of funds into the highly liquid SPY in 2019 on…
Before The Bell 09/09/2019
By: Sam Triantafillopoulos Macro: With growth figures out last week, Australia’s FY2019 has been the worst since 2001, fuelling fears of a recession in 2020. The RBA has not signalled a cut on the horizon, with the two consecutive cuts earlier in the year now seeming early. This marks a shift in central bank orthodoxy…
Before The Bell 01/09/2019
By Dom Holden. The week ahead offers some key releases in the US, with employment and manufacturing figures for August set to be announced by Thursday. This will be first employment announcement since…
Market Wrap 01/09/2019
By Victor Yan. Amidst a season saturated with the US and China trade war narrative, equity indices have continued their volatile profile this week. Following last Friday’s bearish turn after a response by China to impose tariffs worth $75 billion of U.S. goods, Monday saw the S&P 500 fall from an open of 2910.27 to close the day at 2905.67.
Market Update 25/08/2019
By: Sean Cartwright We had yet another volatile week in markets around the globe and should be prepared for another shaky start to the week after the way the US equity markets closed on Friday. This week was a bit more interesting as we saw Trump jump on Twitter post Fed speech, after Fed chair…