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
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.
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
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.
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
For the week ahead, the crisis situation in Turkey is likely to keep investors on edge as emerging markets remain under pressure. On the trade war front, there is some expectation of the US-China trade war easing with a planned meeting this week between U
Global markets were lower on Friday, with European markets falling sharply in a wave of global selling amid concerns about a deepening economic crisis in Turkey. The US dollar continues to rally versus the Kiwi and Aussie dollars on safe-haven buying.
Global markets were higher on Friday with US stocks advancing as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth. The S&P 500 US market index notched its fifth straight weekly gain, its longe
Global markets were lower overnight as the Technology sector continued to slide with Microsoft the latest to disappoint. In fact, the Tech Nasdaq Index posted its third straight session of more than a -1% decline for the first time in 3-years, as disappoi
For the week ahead, it is more of the same in focus – earnings and trade. As we highlighted last week, another strong round of US corporate profit announcements is a key reason to remain bullish on markets. As the second-quarter reporting season picks up
