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…
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…
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.
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.
By Andrew He. US-China trade talks have been cut short as Chinese negotiators ended their trip to Washington prematurely, cancelling their trip…
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…
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…
By: Sean Cartwright Equities Equity markets are preparing for a second week of high volatility after the shake they got over the last 7 days. A nice close on Friday had the weekly SPX candle looking reasonably strong and a push higher this week may suggest that this correction may be over just as quick…
By Vincent Lin.. Trade tension between the U.S. and China further escalated last week as the U.S. declared Huawei as a national security threat and cut off its major supply chains, including Intel chips and Android software.
By: Victor Yan Equities: The past week has been filled with speculation surrounding ballooning trade war tariffs resulting in hits on equity and futures markets. However, due to the resilience of the indexes, we have seen a bounce-back from such earlier losses. For the time being, bearish volume has manifested in the form of hedges…
By: Sean Cartwright Equities: Equity markets were shaky to start the week due to trade war concerns, but a nice close from the Dow on Friday prevented a large red candle on weekly charts. The VIX also saw some action with an 80% pump on the back of a few Trump tweets. The close on Friday…
By: Sam Triantafillopoulos Equities: The ASX 200 and the S&P 500 continue to climb to nosebleed levels, with more late-cycle IPOs on the table. The NASDAQ has managed to shake off the anxieties of 2018; beating all other indices for YoY growth, likely supported by domestic growth of 3.2% in Q1(YoY). Worth mentioning is that…
By: Bryan Tan Equities: In the US, the S&P 500 closed on Friday at a record high of 2939.88. This was in part due to better-than-expected Q1 earnings reports from various giants such as Amazon, whose quarterly profit doubled, Walt Disney, which is riding the high of record-breaking revenues from Avengers: Endgame, and Ford Motor…