SPI Futures Lower Despite Positive Overseas Leads

The trading week ended in the green giving investors some welcomed signs of relief as the NASDAQ ended 167 points higher at 2.29%. With the DOW and S&P500 over 1% higher respectively . Unfortunate...

Correction Looming as US Indices Continue Their Falls

The market continues its sell-off as last night’s trading session began with a tug of war, eventually ending in the red with the Dow down 2.13%, S&P500 down 2.06% and NASDAQ down 1.25%. The ASX is...

Markets Freefall on Interest Rate and Trade Concerns

Last night’s trading session ended with fairly broad-based losses across the board with tech companies Amazon and Microsoft down 6.2 per cent and 5.4 per cent respectively and the likes of Boeing,...

US-China Jitters Keeping Markets in Check

Wall street began the trading session with a slight rebound led by tech stocks but failed to lead the broader market higher with the Dow and S&P500 edging slightly lower, while the Nasdaq edged hi...

Further falls expected on the ASX

Australian shares are set to extend their losses at the open, following a 1.4 per cent decline in yesterday’s trading session. ASX futures are down 7 points to 6070 at about 830am AEDT. This bring...

Aussie Market Set to Fall Following Weak Overseas Leads

Australian stocks are poised to drop at the open, following weak global leads as risk aversion surged. ASX futures are 31 points lower before trading begins. All three US benchmarks were at least ...

ASX Set to Rise following Positive Leads Abroad

The ASX looks set to eke out small gains this morning after positive, albeit minor, gains abroad. Gains in the US actually petered out as US Treasuries, with stronger-than-anticipated reports on U...

Gold Prices Rally Despite Stronger US Dollar

US Blue Chip stocks rose overnight while the broader market, as per the S&P 500, closed virtually flat. European markets were weak with the FTSE 100 down 0.28% and the Euro Stoxx 50 down 0.74%. Th...

Tesla CEO Sued by SEC

As markets digested the impact of the rate hike in the US, stocks managed to climb throughout the morning but a steady decline started after lunch. Nevertheless, the major indices managed to close...

FOMC Raises Rates by 25 Basis Points

The US Federal Reserve raised interest rates by 0.25% to a range of 2-2.25% early this morning as widely expected. Changes to the statement were relatively minor compared to the August statement w...

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