Wall Street Rebounds | Tesla, ASX Woes
Global markets recovered overnight, as shares on Wall Street rebounded by about 2%, with Tech stocks leading the charge as Microsoft and Tesla reported strong earnings figures.
Wall Street Routed | A2 Milk Upgrade
High growth Tech stocks such as Amazon and Netflix were hit the hardest, as rising Treasury yields and trade-related worries sapped investor risk appetite.
Yield Trade Unwind | Infratil Update
Global markets sold off on Friday, as the US unemployment rate fell to near a 49-year low of 3.7%, pointing to a further tightening in labour market conditions. The data saw another rise in US Treasury yields, with the 10-year at its highest levels since
September Wrap – NZX Beats ASX Again | EBOS
The NZ market added to gains in September, with the NZX 50 market index adding +0.4% for the month and trading at all-time highs. In contrast, the Australian market retraced from 10-year highs, with the ASX 200 market index losing -1.77% in September.
Chinese Stocks at 4-year Lows | Who Loses from a Trade War
We believe China has the most to lose from an all-out trade war, and to date the Chinese market has been hit hard. Many markets are at all-time highs such as the US and NZ markets, with the Australian market at a decade high, while the Chinese market is
Gold Price Fades | Costa Group Jumps, Synlait
Base metal prices lifted across board yesterday on the back of more positive trade sentiment as China remained muted in its immediate response to the latest round of tariffs. That lifted sentiment for the local ASX miners, who led the Australian market. T
Asian Stocks Rebound | Myer Jumps +37%
Stocks across Asia rebounded on reports US Treasury Secretary Steven Mnuchin extended an olive branch to his counterparts in China, inviting them to ministerial level trade talks.
US-China Tariff Threats Hit Apple | Fletcher Building
Wall Street’s major indexes fell late in the day as US President Donald Trump raised the possibility of additional tariffs on Chinese imports and Apple Inc indicated that some of its products (such as the Apple watch and AirPods) could be subjected to suc
August Sees Stocks Gain | Next DC Update
Despite the pullback with profit taking at the end of last week, it was a strong month for equities in August with several markets hitting all time highs last week.
US Market at All-Time High | Costa Hits a Speedbump
Global markets rallied on Friday as the US market added to its longest bull-market run, closing above its previous January high. Investor sentiment was supported by reassuring comments from Federal Reserve chairman Jerome Powell, who affirmed the US centr