Market Wrap 23/03/2018

Market Wrap 23/03/2018

By: Thomas Barry Equities: While the US Federal Reserve announced an interest rate this week, news in equity markets was dominated by Facebook’s scandal and global trade tariffs. Facebook has been rocked (down 13% for the week) as news emerged that Cambridge Analytica, a data analytics firm, improperly obtained information on over 50 million Facebook…

Market Wrap 16/03/2018

Market Wrap 16/03/2018

By: Jason Shao Equities: Australian markets started off well in the week, responding to the potential tariffs that would be imposed by Donald Trump. Over the weekend, it was announced that steel tariffs would not be imposed on Australia over Donald Trump’s tweet. Monday morning saw the ASX 200 increase 0.9% on open, however, over…

Market Wrap 09/03/2018

Market Wrap 09/03/2018

By: Anas-ur-Rasheed Khan Equities: After last week’s market fiasco, which sent the S&P500 and the DOW plunging around 1%, stocks showed a somewhat muted resilience in the face of the recent tariff imposition proposed by the Trump administration. Throughout the week, news from the white house sent mixed signals, moving markets up and down. A…