Next Week At A Glance
A brief look at important company events and economic data releases next week.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreConfirmation that the US and China will resume trade talks in October set global stock markets alight. Dow up 372.
Read MoreA back-down in Hong Kong, no no-deal for Brexit and some positive signs for the US economy had Wall Street steaming straight back up again last night. Dow up 237.
Read MoreThe US manufacturing sector went into contraction last month. Dow down -285.
Read MoreThe local market eased off yesterday after an end of month surge. Wall Street was closed.
Read MoreThe Dow fell 1.7% in August, the S&P 500 lost 1.8% and the Nasdaq lost 2.6% in August, the worst August performances for all three benchmarks since 2015.
Read MoreThe local June 30 earnings season failed to set the market on fire with weak earnings growth, a fall in non-resource earnings, a 7 year high for the number of companies cutting dividends and more downgrades than upgrades.
Read MoreGlobally the major economic and market-moving news this week are the tariff rises imposed by Donald Trump as of September 1 (Sunday) and the August jobs data on Friday, as well as surveys of manufacturing activity around the globe.
Read MoreWith no revenue or earnings growth outside major resource companies focusing on iron ore or gold or companies in the healthcare sector, the word from analysts is that it was a season to forget.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreChina said last night it won’t be retaliating to Trump’s tariff increase and called for calm and further meetings. Dow up 326.
Read MoreLast night the US 30-year yield fell below the yield on the S&P. Dow up 258.
Read MoreUS stock markets tracked bond yields up and down last night, ending lower as the ten-year yield this time did close below the two-year. Dow down -120.
Read MoreApparently, a trade deal is now very close, according to Trump. Wall Street remained suspicious. Dow up 269.
Read MoreThe ASX is heading for a nasty opening later this morning after Wall Street saw a big slump on Friday after China first and Donald Trump escalated their trade war and the President attacked the character of the US Federal Reserve chair, Jerome Powell.
Read MoreUp to the Trump tweets on Friday where he escalated the trade war with China and his attacks on Fed chair, Jerome Powell, most sharemarkets were higher, especially in the US. But the Trump Tweets saw those gains turned into losses.
Read MoreThe Australian June 30 earnings season ends this week with 65 major companies reporting by the deadline on Friday and so far it has been the softest for seven years.
Read MoreThe fallout from Trump’s trade war escalation (and an earlier move from China) on Friday plus the President’s insulting of Fed chair Jerome Powell, will dominate events and data over the coming week.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreWeak PMI data from across the globe put a spotlight on monetary policy ahead of Jackson Hole speeches tonight. Dow up 49.
Read MoreA retail-led rally on Wall Street was clipped by the Fed minutes as the US yield curve again flattened. Dow up 240.
Read MoreThe three-day surge on Wall Street ended last night with a pullback that did not surprise, although selling accelerated into the close. Dow down -173.
Read MoreWorries about the US trade wars and global growth are continuing to cause volatility in investment markets. While the risks have increased, we remain of the view that recession is unlikely.
Read MoreGermany, China, and the US are all now looking at fiscal stimulus measures, further relieving Wall Street investors. Dow up 249.
Read MoreThe ASX 200 Index fell 178.9 points, or 2.7%, to 6,405.5 last week while the wider All Ordinaries shed 177.5 points, or 2.7% to close at 6485.9, its worst week since November last year.
Read MoreA sense of relief settled over markets on Friday and investors will be hoping that feeling becomes something more positive from today.
Read MoreThe big week for the Australian June 30 earnings season with around 115 ASX 200 companies due to release results which will tell us just how well corporate Australia performed in 2018-19.
Read MoreGlobal recession fears, events in Hong Kong, Donald Trump’s trade wars, the US Federal Reserve’s annual Jackson Hole seminar plus a host of corporate earnings from the ASX. It’s a huge week ahead.
Read MoreI am beginning to cement my view that without some rapid resolution to the trade war, markets are vulnerable to a Federal Reserve that is clearly behind the curve.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreAustralian 10-year bond yields fell further under the Reserve Bank’s cash rate to a new all-time low of just 0.88% yesterday as the ASX suffered a 2.9% slide in what was its worst one day’s performance since February with $A60 billion in value wiped from the market’s value.
Read MoreWall St has suffered its worst day of trading this year after global bond markets spooked investors signalling that a recession is near for the US and UK economies.
Read MoreWeak data from China and Germany sent the US yield curve into inversion last night, sparking a major stock market sell-off. Dow down -800.
Read MoreA 17-year low for industrial production was the lowlight from unexpectedly weak data from China yesterday in the final release of July economic figures.
Read MoreIt’s beginning to look a lot like Christmas. Trump bows to pressure, Dow up 372.
Read MoreChina’s passenger car fell for the 13th month in a row in July and in a worrying development, sales of new energy vehicles (such as electric-powered cars) fell for the first time in two years.
Read MoreThe local equities market has had a great run so far in 2019, up around 20%. But has it run too far? Randall Jenneke from T. Rowe Price gives his thoughts to Informed Investor.
Read MoreThe closure of Hong Kong airport was ignored by the local market yesterday but was enough to tip Wall Street over the edge once more. Dow down -389.
Read MoreWarren Buffett’s problems with Berkshire Hathaway’s loss-making investment in ailing food giant, Kraft Heinz, shows no sign of improving.
Read MorePresident Donald Trump has again opened his mouth to inject more uncertainty into the trade war with China, unsettling markets.
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