Week Ahead – Earnings & Trade | Xero

Week Ahead – Earnings & Trade | Xero

For the week ahead, it is more of the same in focus – earnings and trade. As we highlighted last week, another strong round of US corporate profit announcements is a key reason to remain bullish on markets. As the second-quarter reporting season picks up

Tech Heavyweights in Focus | Netflix’s Subscriber Miss

Tech Heavyweights in Focus | Netflix’s Subscriber Miss

Another strong round of US profit announcements is a key reason to remain bullish on markets and we are watching developments closely. A number of US corporate heavyweights will be reporting over the next 2 weeks and of particular interest will be the US

Another $200bn Tariffs | Qantas – Initiation of Coverage

Another $200bn Tariffs | Qantas – Initiation of Coverage

Global markets were lower overnight as shares on Wall Street snapped a four-day winning streak after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods put fears of an escalating trade war back in the spotlight. As

Half-Year Market Update & Outlook

Half-Year Market Update & Outlook

Despite heightened market volatility at the start of the year, both the Australian and NZ markets are up +2.1% and +6.5% for the 2018 year respectively. For the NZX it has been the strongest quarterly performance in more than two years, with a three-month

Week Ahead - RBNZ | ANZ Still our Top Bank

Week Ahead - RBNZ | ANZ Still our Top Bank

For the week ahead, the main event to watch for Australasian investors will be the Reserve Bank of New Zealand (RBNZ) interest rate decision on Thursday morning. Recent slower than expected quarterly economic growth (GDP) of 0.5% for the quarter was below

Oil to $100 a Barrel? | BHP

Oil to $100 a Barrel? | BHP

The price of oil appears to have halted its strong run made since late last year with prices pulling back over the last month. Several prominent analysts remain bullish on oil, believing it could still rise to $100 a barrel. Reasons to be bullish oil incl

RBA Firmly on Hold | Fonterra’s Dividend Disappointment

RBA Firmly on Hold | Fonterra’s Dividend Disappointment

Stocks appear to be trading in a range as investors digest macroeconomic news from Italian elections to trade tariffs, while the fundamentals around the economy and company profits remain solid. On the trade front, overnight Mexico imposed tariffs on Amer

May Wrap, Metal Tariffs | James Hardie

May Wrap, Metal Tariffs | James Hardie

Global markets were lower overnight, setting the stage for a weak start to the month today for local markets. Both the Australian and New Zealand markets made gains in May, with the ASX and NZX market indices up +0.5% and +2.5% respectively for the month.

Gold Losing Shine| Treasury Wine Estates Dips

Gold Losing Shine| Treasury Wine Estates Dips

The price of gold has been on a downward trajectory over the last month and is now back below US$1300 an ounce. The strength in the US dollar has continued to be a main driver of gold prices, putting pressure on the commodity in recent weeks as the gold p

NZX Back at Record High | Scales Corp Asset Sale

NZX Back at Record High | Scales Corp Asset Sale

Global markets were little changed on Friday although it was a strong week for most major markets including seven consecutive weeks of gains for the European market. Closer to home investor sentiment is also buoyant, which saw the NZ market (measured by