Market Wrap

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…

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.

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.

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…

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.

By Adon Ewing. There was turmoil in the markets this week, primarily due to the escalating US-China trade war. As China hit back at US tariffs by devaluing the yuan and banning US agricultural imports, the S&P500 dropped

By Taha Bhatti. U.S. and Asian stock markets dropped this week as China and the US further escalate their trade-war stances. S&P500 has dropped 1.11% as investors becomes increasingly worried about the future of trade talks. Chinese markets were mixed after a third week of losses. Whilst the Shenzen composite fell 0.48% on Friday, the Shanghai composite closed flat.

By: Pooja Mallard Equities: Big gainers this week in US markets include Cisco, Walmart & Nvidia. The S&P 500 closed on 2,859 points, Nvidia shares jumping 6% in extended trading after announcing better-than-estimated revenues for Q1, as well as revised and improved revenue estimate for Q2. The ASX 200 rose 0.9% this week, closing on…

By: Tony Xie Equities: Australian equity investors rejoiced on Wednesday as the ASX 200 reached an 11-year high of 6,387.40. Elio D’Amato, executive director at Lincoln Indicators, described a number of factors driving the “strong performance”, citing the historically low interest rates and the “general health of the Australian consumers”. On the last trading day…

By: Mazen Elsabrouty Equities: With global uncertainties continuing to frustrate investors, the ASX200 has closed at 6,251.30 today, up 1.13% this week. The ASX200 had been making a modest gain for the week before the Friday session boosted the ASX200 by 0.85%. The dovish monetary policy tones set by the European Central Bank and the…

By: Richard Lee Equities: The S&P/ASX200 has ended lower at 6181.3 or 0.83% lower. This is the second straight day of losses, erasing previous gains and leaving the index flat for the week. This has primarily been driven by the financials and healthcare sectors falling. However, the lower weighted technology, consumer staples and property trusts…

By: Gilbert Battistella 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…