Trump And Junker Reach A Deal
10 months ago
Equities around the globe rallied as President Trump and EU's Junker managed to reach a deal to work to lower industrial tariffs on both sides.
All of the three major US bourses closed higher with the Nasdaq outpe...
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1777 views
Market Recap - Markets Remain Mixed
11 months ago
Equities were mixed in the US yesterday as the Nasdaq closed flat after trading 1% higher earlier on in the session and the S&P and Dow both closed over half a percent higher. This mixed sentiment carried over to the...
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1121 views
Market Recap - Equites Trade Higher Despite Rumors
11 months ago
Mixed close on Wall St. last night as the Dow (-0.06%) underperformed, however, aftermarket Google shares performed well so keep an eye on the tech sector today. In the Asia Pac area, there was a sea of green, Shanghai C...
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1201 views
Market Recap - Asian Markets React To Trump's Comments
11 months ago
Equities in the Asia Pac area finally got to react to Trump's comments on Friday, the Nikkei 225 fell 1.38% while the ASX also dropped 0.93%. The Shanghai Comp. rose 1.16% after starting the session lower despit...
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1398 views
Market Recap - Trade War Or Currency War?
11 months ago
It was a bearish day on Wall St. yesterday with the Dow the main laggard down 0.53%. Overnight only the Nikkei followed suit and fell 0.28%, while the Shanghai Comp. (2.22%) and the ASX closed higher (0.37%). The main story o...
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1220 views
Market Recap - Mixed Overnight As Commodities Struggle Again
11 months ago
Indices closed mixed in the US last night as the Dow and S&P 500 closed higher, however, the Nasdaq closed just under flat. In the Asia Pac area, it was much of the same as the Nikkei 225 and Shanghai Comp. underperformed...
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1226 views
Market Recap - Equities Push Higher As Powell Stands Firm
11 months ago
US bourses closed in the black last night with the Nasdaq outperforming. This came as Fed chair Powell kept his guidance the same stating that there will be 'gradual rate hikes', as maybe the market was expecting...
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1040 views
Market Recap - Stocks Trade Mixed As WTI Suppresses Market
11 months ago
There was a mixed close on Wall St. yesterday, however, the major news came after market when Netflix fell 14% in after-market trade. Netflix reported a profit of $384.3m, or 85 cents a share (up from $65.6m Y/Y), althou...
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968 views
Market Recap - Chinese Data Sends Stocks & Industrial Metals Tumbling
11 months ago
Chinese GDP data came in as expected overnight. However, retail sales came in slightly higher at 9% vs the expected 8.8% and lastly industrial production missed expectations of 6.5% to register a reading of 6%. All of th...
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1021 views
USD/JPY Hits Its First Resistance Level Through 111.50
11 months ago
Since the break of key trend line resistance at 111.50, we have seen a surge in USD buying this week. The flow has spread through the market like wildfire (again), with the JPY rate hitting highs just shy of 112.80...
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1918 views
Market Recap - Equities Rebound & The Chinese/US Trade Surplus Hits Record Level
11 months ago
US bourses bounced back yesterday with the Nasdaq outperforming moving higher by 1.39%. That positivity fed through to the Japan where the Nikkei traded 1.90% higher, however, the ASX traded flat and the Shanghai Comp. lost 0...
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1105 views
Nothing New In ECB minutes - Another Damp Squib!
11 months ago
The ECB minutes keep the markets guessing and given the broader level of uncertainty in both domestic and global markets, they see fit to leave the end of QR conditional on incoming data. They also maintain that interes...
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1080 views
