Markets Capitulate | Auckland Airport Highlights Travel Woes
Global markets went into free-fall overnight with the US market down -9.5%, the worst one day performance since Wall Street’s “Black Monday” crash of 1987.
2020 Market Outlook
Markets ended 2019 in a festive mood, and the positive trend has continued to start 2020, with equity markets powering to fresh all-time highs.
Partial Deal | Pushpay Acquisition, Z Energy Sinks
Global markets were slightly higher on Friday as the US and China appear to have agreed on a trade truce.
Markets Retrace, RBA | Ooh! Media
The Reserve Bank of Australia kept the cash rate at 0.75% yesterday, with governor Philip Lowe saying the economy had passed a gentle turning point and that the board wanted more time to see how the current low rates played out.
Week Ahead, Santa Rally | Infratil
Heading into the end of the year, a Xmas period rally in shares could be possible. While we would not want to attempt to read Trump’s mind, we note it is worth keeping in mind President Trump is looking to win an election next year.
Podcast - Z Energy | ANZ Dips on Result
ANZ shares took a hit yesterday on the back of weaker than expected full year earnings.
Aussie Tech Hit | Tourism Holdings, TWE CEO Departs
While it is still early, so far company earnings announcements overseas have generally beaten a low bar.
Podcast | Sky TV Sinks -20% as Spark Takes Cricket
Sky TV shares sunk as the pay TV operator lost the rights to broadcast cricket played domestically after being outbid by rival Spark New Zealand.
RBA, US Data in Focus | Lynas Update
Tthis afternoon sees a decision by the Reserve Bank of Australia - with the market expecting an interest rate cut (75% chance), following a strong hint by Governor Lowe in his last speech.
Week Ahead, Pushpay | Spark's Streaming Slip Up
Over the weekend saw the first major All Blacks world cup game stream on Spark Sport, and the stream did not go smoothly.