Yellen: Rate Hike This Year ‘Appropriate’
The local sharemarket will be starting in the red this morning after US markets faded on Friday night after choppy trading for most of the session.
Read MoreThe local sharemarket will be starting in the red this morning after US markets faded on Friday night after choppy trading for most of the session.
Read MoreUS sharemarkets ended weaker after Janet Yellen suggested that the Federal Reserve was likely to raise interest rates this year. The Dow Jones fell by almost 54 points or 0.3% with the S&P 500 index down by 0.2%.
Read MoreThe market has closed higher for a third straight session, with the ASX 200 climbing 1%. All 10 sectors enjoyed gains, led by Utilities which rose 1.7%.
Read MoreInvestors considering taking up the NAB 2-for-25 rights issue need to consider just one thing – whether they want to increase the absolute level of their investment if in their portfolio they are already heavily exposed to Australian banks.
Read MoreA strong start ot the Aussie market – as expected after commodities held up well overnight. the US oil price rallied nearly $3 in the overnight session. High end fashion brand Oroton (ORL) hit be another profit downgrade.
Read MoreThe Australian market will be looking for a small gain when trading resumes this morning after Wall Street faltered its way to a new high for the S&P 500.
Read MoreIs this the week that China’s stockmarket bubble was pricked?
Read MoreWoodside Petroleum (WPL) had a lot of confident, upbeat commentary about its development prospects over the next year to 18 months in its 2015 investor day release yesterday, but the most important statements were buried in the briefing from the company’s chief financial officer Lawrie Tremaine.
Read MoreTax exile, James Hardie (JHX) has benefitted from stronger demand for home building materials in the US, Europe and Australia, as well as the stronger US dollar to post a sharp rise in annual profit which in turn produced a higher annual dividend, special dividend and buyback.
Read MoreUS sharemarkets held in tight ranges again on Thursday as investors geared up for the Memorial Day long weekend. The Dow Jones held in a 65 point range
Read MoreThe market has ended the session unchanged on Friday. The energy sector surged 1.9%, while Healthcare stocks were the worst performers, slipping 0.4%.
Read MoreThe best performing region this year has been Europe as the European Central Bank has embarked on its own quantitative easing program. The bond buying program will last until September 2016 with the aim of reflating the European economy and stimulating demand.
Read MoreOrinoco Gold (ASX: OGX, Share Price: $0.087, Market Cap: $15m) is an emerging gold producer that we’ve been looking to introduce to our Portfolio for some time, based on its outstanding Brazilian project fundamentals. A catch-up at the Resources Round-up in Sydney with management provided reassurance and the perfect opportunity to introduce the stock to readers last week as a Spec Buy around $0.072 – with the stocks already up 21% on our buy-in price.
Read MoreNote: This article was originally published on Oliver’s Insights on May 20 2015 and has been republished with permission from the original author.
Read MoreSo what will Australian stockmarket today after another mixed day’s trading here yesterday and on Wall Street overnight, especially with the US Federal Reserve ruling out a June rate rise?
Read MoreWesfarmers’ (WES) shares fell 0.7% yesterday after the market started digesting a huge strategy package for the next year or so released at the company’s annual investor day.
Read MoreInfrastructure and environmental services group Cardno (CDD) joined the lengthening list of mining and related services companies in downgrading their guidance and revealing write downs.
Read MoreSo is Japan’s economy recovering more strongly than expected? At first glance the 2.4% annual growth rate revealed yesterday would tell us ‘yes’.
Read MoreUS sharemarkets held in tight ranges on Wednesday as investors dissected minutes from the last Federal Reserve meeting. The Dow Jones held in a 78 point range over the session and ended lower by 27 points or 0.2%.
Read MoreThe ASX 200 has climbed 0.9% today with every sector improving. Healthcare stocks were the standout, with the sector rallying 2.1%.
Read MoreDownload related file: Direct Bonds Lists 20150521 1145.pdf
Read MoreThe ASX 200 is up 0.8% with every sector trading in positive territory, helping the market recover some recent losses after a three-day slump.
Read MoreThe ASX 200 has fallen 0.4%, weighed down by heavy falls in the mining and energy sectors which are both almost 2% weaker at mid-session.
Read MoreA rising US dollar hit commodity prices hard overnight. Iron ore, gold, copper, silver and oil prices all fell as the greenback jumped sharply.
Read MoreThe market went south yesterday and the shares in BHP spin-off South32 (S32) went north at a great rate of knots as Monday’s nervous nellies turned into Tuesday’s pack of bulls.
Read MoreBega Cheese (BGA) shares fell 5% at one stage yesterday after the company downgraded its earnings outlook for the year to June 30, joining the NZ giant Fonterra (FSF) in recognising the impact of the slide in global dairy product prices in the past year.
Read MoreExplosives and mining services group Orica (ORI) yesterday bowed to the inevitable and made acting CEO and former board director Alberto Calderon the company’s full time leader to replace Ian Smith who left in somewhat clouded circumstances in March.
Read MoreUS sharemarkets were mixed in a volatile session on Tuesday. The weakness in oil prices weighed on energy stocks, with the sector losing 1.3%. Wal-Mart lost 4.1% and was the biggest drag on the Dow and S&P 500
Read MoreMining and energy stocks were the biggest drags on the market today, closing down 1.6% and 1.3% respectively. Healthcare stocks were the best performers, gaining 1.5%.
Read MoreInvesting directly or through managed bond funds has advantages and disadvantages; just like investing in shares, the decision depends upon the individual. While my preference is direct investment, there are times when choosing a fund manager to look after your bonds makes sense.
Read MoreMany of us would like to assume that we are in control of the timing of our eventual retirement.
Read MoreTeenagers can be a worry – just ask any parent. But when it comes to understanding all things financial, today’s teenagers have to deal with a much more complex and in many ways less tangible world.
Read MoreThe ASX 200 is down 0.5%, held back by heavy falls in the materials and energy sectors. Healthcare stocks are bucking the trend, with the sector up 0.4%.
Read MoreBusy times for Rio Tinto (RIO) – while fighting off the silliest idea for a while from an Australian government – the Tony Abbott supported inquiry into iron ore – the giant miner has also put around $US1 billion of Australian and NZ based aluminium, alumina and bauxite assets on the market (again) and this morning revealed it had overcome a major hurdle to the expansion of its huge copper project in Mongolia.
Read MoreAs expected, the bottom line of paint maker DuluxGroup (DLX) took a hit in the six months to March after the company had revealed plans for a revamp of its manufacturing and distribution chain along the eastern seaboard.
Read MoreShares in rural services group, Elders (ELD) rose nicely yesterday after the company confirmed it was prospering after years of near death experiences from crushing debt, inefficient businesses and a weak and unwieldy structure which took a long time to clean up.
Read MoreBHP Billiton’s (BHP) spin off South32 (S32) has joined the ASX with a market capitalisation of $10.9 billion at the close of trading yesterday, with the shares weaker at $2.05 after a wave of selling pushed them lower in afternoon trading.
Read MoreAccording to Reserve Bank Deputy Governor Phil Lowe, the trend of companies returning more cash to shareholders through higher dividends and share buybacks could be self-defeating, leading investors and savers to a situation where their returns are lower because of the current global trend to low interest rates. His warning should have special resonance in Australia.
Read MoreUS sharemarkets ended with modest gains on Monday. Shares in Apple rose by 1.4% after billionaire investor Carl Icahn said the stock was ‘still dramatically undervalued’. The Dow Jones rose by 26 points or 0.1%.
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