2018-19 Saw A Rough Ride For Investors But It Turned Out Okay
2018-19 saw solid returns for diversified investors, helped by a sharp rise in share markets in the last six months & solid returns from most assets, except cash.
Read More2018-19 saw solid returns for diversified investors, helped by a sharp rise in share markets in the last six months & solid returns from most assets, except cash.
Read MorePost G20, Trump has now returned his attention to tariffs on European imports. Dow up 69.
Read MoreWall Street rallied on the trade news but not emphatically, with the Dow giving up over half its early gains. But the S&P managed a new high. Dow up 117.
Read MoreThe economic news from major Asian economies – China, Japan, and South Korea – wasn’t encouraging at the start of July, the third quarter and the new financial year (in Australia).
Read MoreFriday’s close capped off the best first half’s trading on the ASX for 28 years. The ASX 200 jumped a massive 17.2% in the six months to last Friday, June 28 to close at 6,618.80.
Read MoreThe possibility of a rate cut from the Reserve Bank tomorrow and the usual start of month data for May on trade, building approvals, and retail sales will hold the attention of local markets at the start of the 2019-20 financial year.
Read MoreA busy week ahead includes key data releases that could steer monetary policy around the globe, dominated by the release Friday night, our time, by the US jobs and unemployment data for June.
Read MoreLike the ASX, Wall Street has had a stellar first half of the year which was capped by the strongest June for decades.
Read MoreQuiet confidence appears to be the order for global markets as Trump and Xi land in Japan. Dow down -10, but S&P up 0.4%.
Read MoreComments from Steven Mnuchin raised some hopes last night on the trade front, but not too much. Dow up 16.
Read MoreWall Street sagged last night on G20 nervousness and some disappointing Fed-speak. Dow down -179.
Read MoreWall Street again gave up an opening rally to close flat. Dow up 8.
Read MoreOopps. Shares in Hong Kong’s CLP Holdings had their biggest fall in over a decade on Friday after the power company warned it would book a first-half loss due to a massive write-down on the value of its Australian business.
Read MoreWall Street took a rest Friday after the sharp rise after rallying on the back of the move by the US Federal Reserve to a more defined rate cut looms stance.
Read MoreOur market is heading for a weak start later this morning after a stuttering end to what was a solid week on Friday. The ASX 200 Index rose 96.8 points to 6,650.8 last week, while the All Ords added 100.7 points, or 1.5%, to close the week at 6,734.3.
Read MoreIn Australia, it’s the run-up to the end of the financial year next Sunday, June 30, and stock market trading on Friday, June 28, that will dominate markets. Offshore it will be the Group of 20 leaders meeting in Japan.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreCentral bank euphoria and ongoing trade confidence have led the S&P500 to a new all-time high. Dow up 249.
Read MoreSo if investors are the most pessimistic since the GFC more than a decade ago according to the latest BAML survey of global fund managers, why are some key stockmarkets close to all-time highs?
Read MoreUS Steel has joined Australia’s BlueScope Steel in downgrading earnings amid weakening steel prices in America and around the world.
Read MoreTrump will meet Xi at the G20, it has been confirmed. Meanwhile, rate cut euphoria has swept the globe. Dow up 353.
Read MoreThe telling blow is the damage wrought on local newspapers.
Read MoreWall Street continues to do little ahead of this week’s Fed meeting. Dow up 22.
Read MoreIt’s another big week for central banks this week – the Fed in the US, the Bank of England, the Bank of Japan all meet and release monetary policy decisions while the minutes of the June board meeting of the Reserve Bank – where the latest rate cut was made – will be out tomorrow.
Read MoreSo now for a Fed focus week on Wall Street.
Read MoreAustralian shares rose 1.7% last week and made it to an 11-year-high led by resources stocks and defensive sectors like healthcare, telcos, and consumer staples.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreWall Street has shrugged of rising Middle East tensions, preferring to focus inward. Dow up 101.
Read MoreDonald Trump last night explained he is the one holding up a US-China trade deal. Dow down -43.
Read MoreWall Street snapped a six-day winning streak last night as US indices took a breather. Dow down -14.
Read MoreThe National Australia Bank’s monthly business survey for May delivered some gloomy findings as business conditions weakened further and “are now well below average”.
Read MoreFriday saw the changing of the guard at the top of the list of most valuable US companies confirmed after shares in Microsoft surged into record territory Friday and pushed the veteran software giant’s market cap above the $US1 trillion mark.
Read MoreGold and oil futures fell Monday in the wake of the ending – for now – of Donald Trump’s brief tariff attack on Mexico.
Read MoreGlobal sharemarkets did well on Monday with an easing in the tensions in Trump’s trade wars and growing expectations of a rate cut later this year in the US.
Read MoreJobs dominate the local thinking in financial markets this week with the May Labour Force report to be released by the Australian Bureau of Statistics on Thursday and expected to show more new jobs were created last month.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreStock markets continue to rally locally and on Wall Street but a clear shift into defensive stocks suggests caution. Dow up 181.
Read MoreDespite reports early Thursday of a tentative deal with the French government, it seems Fiat Chrysler has in fact withdrawn its 33 billion euro takeover offer for the French carmaker, Renault.
Read MoreA weak private sector jobs number provided more fuel to the Fed cut expectation fire. Dow up 207.
Read MoreA rate cut here and a hint of a rate cut for the US-dominated trading over the past 24 hours. Dow up 512.
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