Volatility Remains Subdued | PGG Wrightson Reports

Volatility Remains Subdued | PGG Wrightson Reports

Global markets traded in a tight range once again overnight, with the US market drifting lower as President Donald Trump escalated the war of words with North Korea. Trump told reporters that North Korea "will be met with fire and fury like the world has

Local Earnings – What to Watch this Week | Infratil

Local Earnings – What to Watch this Week | Infratil

Global markets were generally lower on Friday although the US Dow Jones index managed to touch a new high. US quarterly profit reports continue to dominate news flow especially as investors have been counting on earnings to support the relatively high val

Currency Correction? | ATM Launch US Stock Coverage

Currency Correction? | ATM Launch US Stock Coverage

Global markets were generally lower on Friday, while local currencies moved higher as the US Dollar continued to slide. Both the Australian Dollar and NZ Dollar have surged to recent highs of 79 cents and 74 cents versus the US dollar respectively. The mo

Market Records | Aussie Banks Surge

Market Records | Aussie Banks Surge

Global markets rallied overnight as investors digested corporate earnings season and a move higher in the price of iron ore supported resource stocks. Both the Australian and NZ markets were higher yesterday led by positive sentiment across the big Aussie

All Eyes on Earnings | Treasury Wine Estates Jumps

All Eyes on Earnings | Treasury Wine Estates Jumps

Global markets were generally higher overnight as the market traded in a relatively tight range. As we have discussed this week, US earnings season kicks off in earnest tonight and will be a focus for investors. Earnings will be as important as ever again

Best Day for ASX in 2017 | RBA Stays on Hold

Best Day for ASX in 2017 | RBA Stays on Hold

Global markets ​were slightly lower overnight on thin trading as the US market was closed for Independence Day​.​ Closer to home, the Australian market rebounded strongly yesterday experiencing its best daily gain for 2017, while the NZ market also traded

Global Volatility Returns | Summerset’s Upgrade

Global Volatility Returns | Summerset’s Upgrade

Global markets experienced their biggest drop in a month overnight, with particularly high levels of volatility being experienced in the Technology sector. Tech stocks, which have led the S&P 500's record run this year, have pulled back recently after som

NZX Breaks Out to New High | Tegel’s Full Year Profits

NZX Breaks Out to New High | Tegel’s Full Year Profits

Global markets were lower overnight following the resumption of a sell-off across US Technology stocks, with the latest round of selling being triggered by a record fine against Google’s parent company Alphabet from the European Union. On the flipside, mi

NZX Touches New Record | RBA Minutes

NZX Touches New Record | RBA Minutes

Global markets were lower overnight as a sharp drop in oil prices squeezed energy stocks. Oil prices are at a seven-month lows after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and other producers to

Global Markets Retreat on Tech Slide, Bellamy’s Jumps 15%

Global Markets Retreat on Tech Slide, Bellamy’s Jumps 15%

Global markets sold off overnight, weighed down by the Technology sector and Resource stocks. The big names in the US Technology sector such as Apple and Alphabet extended their recent sell-off yesterday. However, the worst performing sector overnight was