30 May 17 - What’s Next for Iron Ore? BHP Billiton

Global markets were mainly closed overnight due to a Bank holiday in Britain and the US and with a two-day holiday in China. Closer to home, local markets were quiet, with both the ASX & NZX selling off yesterday.   The price of iron ore has fallen sharpl

29 May 17 - Gold at Month High, Select Harvests

Global markets were mixed on Friday with US stocks little changed ahead of a holiday weekend, although major indexes snapped a two-week streak of losses. Interestingly, the price of gold has moved to its highest level of the month, lifting prices for a th

25 May 17 - US Market Hits New High, Arvida Lifts Retirement Villages

Global markets were higher overnight, and the US market (measured by the S&P500 index) hit a new record high as the US Federal Reserve released minutes from its last meeting.

26 May 17 - Oil Deal Disappoints, Metro Glass Result

Global markets generally made gains overnight, although the energy sector sold off after the highly-anticipated Organization of the Petroleum Exporting Countries (OPEC) meeting disappointed investors.   While OPEC did extend oil production cuts for anothe

24 May 17 - Beefed Up, Australian Agricultural Co.

Global markets traded in a narrow range overnight in what was a relatively quiet night in terms of news flow. US Financials led gains on Wall Street as investors digested President Trump’s budget plan. As we discussed as recently as last week, one of our

23 May 17 - Markets Start Week Higher, Fisher & Paykel Result

Global markets were generally higher overnight, as investors seem to have shaken off any jitters sparked by US politics last week. Wall Street extended gains as it was boosted by technology shares and as defence companies rose after the United States and

22 May 17 - Resources Rebound, Ryman Disappoints

Global markets were higher on Friday, although the US market pared gains into the close on reports by Washington Post that investigators are focusing on a current White House official as a person of interest in their probe of Russian influence on the elec

19 May 17 - US Market Rebounds, Infratil

Global markets were mixed overnight, as the US market recovered some ground with Technology stocks leading the market rebound. The relief rally came after the biggest one day fall on Wall Street in 8-months on Wednesday after concerns that obstruction of

18 May 17 - Trump Sparks Sell-off, a Win for Fisher & Paykel

Global markets sold off overnight, US Treasuries rallied the most since Brexit, and volatility spiked higher as the turmoil surrounding the Trump administration roiled financial markets around the globe. We noted just yesterday that the US market had been

17 May 17 - US Market Hovers Near All-time Highs

Global markets were mixed overnight in what was a quiet night in terms of news flow. The US market continues to drift as it hovers near record highs. As we mentioned last week, global markets have been remarkably calm of late, with the VIX (a measure of