Stock Markets, Simplified.
The big news this morning was the US Federal Reserve raised interest rates by a quarter of a percentage point to the 1.25%-1.5% range, as anticipated, and left its rate outlook for the coming years unchanged even as policymakers projected a short-term acc
Global markets were once again higher overnight, as major Wall Street indices hit new record levels with Boeing rising and bank stocks gaining ahead of a near certain move by the Federal Reserve to raise interest rates. The Fed will make its announcement
There seems to be a sense of complacency in markets at the moment, and volatility remains extremely depressed. Once again, the key event to watch this week will be the US Federal Reserve rate announcement which begins its 2-day meeting today.
Global markets were higher on Friday in the wake of the latest upbeat US jobs report. Payrolls data on Friday bolstered optimism about the US economic outlook as its showed a 228,000 hiring spree last month, cementing the likelihood of an interest rate
Both the Australian and NZ dollar have trended lower of late, and several market commentators suggest there is more to come. Morgan Stanley have suggested that investors position for further currency falls, with a forecast for the AUD to hit 65 cents agai
Closer to home, the Australian dollar fell sharply following a slightly softer-than-expected GDP (economic growth) print for the third quarter of 0.6%, with the annual rate also coming in slightly below economist expectations at 2.8%. We are not overly co
Closer to home, yesterday saw both the Reserve Bank of Australia and Reserve Bank of New Zealand make comments. The RBA kept interest rates on hold as Reserve Bank governor Philip Lowe reiterated "the low level of interest rates is continuing to support t
Global markets were mostly higher overnight as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have lagged for much of the year.
Global markets were lower on Friday, as developments around a probe into Russia’s alleged involvement in the US election saw markets sell-off, while progress on a tax bill in Congress saw markets claw back losses. Interestingly, after some time, political
Global markets were mixed overnight, as European and Asian markets sold off, while shares on Wall Street Traded higher. Positive sentiment during the US trading session was driven by further indications that President Donald Trump's tax-cut plan may get