Global markets were higher on Friday, as the US market recorded its eighth straight positive week and volatility remains suppressed. This has been the longest string of weekly gains for Wall Street since 2013, as a strong Apple result buoyed confidence in
Global markets rallied on Friday, led by a 13% surge in Amazon, in the process making founder Jeff Bezos the world's richest person at $US93.8 billion - more than $US5 billion clear of Bill Gates. It wasn’t only strong earnings which supported the US mark
On the NZX, investors have identified potential winners & losers from last week’s surprise election outcome. Market moves largely played out as we expected, with the retirement sector coming under significant pressure, with the largest player Ryman Health
Global markets were mixed on Friday, although Wall Street was slightly higher, as the major US indices experienced a 5th straight week of gains. The bull market's upward momentum remains intact for now, helped by increasing signs that the global economy
Global markets were little changed overnight with Wall Street touching new record highs as volatility remains muted. Unlike the US & NZ share markets, which have started the month of October by notching fresh record highs, the ASX is struggling to stay wi
Global markets were little changed on Friday as investors seemed to shrug off concerns around North Korea. It was a weekend of politics, with the German Election held on Sunday and results are still coming in. Closer to home, over the weekend the event t
Global markets were higher overnight with the US market rallying back to near all-time highs. The rally was experienced as Hurricane Irma weakened dramatically, and the expected financial losses shrank (at least in the US) which saw insurers and banks lea
Global markets sold off overnight as the US market opened after a 3-day weekend and reacted to fresh tensions involving North Korea. Closer to home, the Reserve Bank of Australia (RBA) kept its key cash rate at 1.5 per cent for the thirteenth straight m
Global markets were mixed on Friday, as US stocks and Treasuries rose while the dollar sank after Janet Yellen’s speech didn’t take the hawkish tone some expected. The annual gathering of central bankers in Jackson Hole, Wyoming was the key event to
Global markets were lower on Friday after further White House turmoil, as investors continue to be concerned around the Trump Administration’s ability to pursue its pro-growth agenda.
