Dow Rallies 1.6%

US industrial stocks surged overnight with the Dow Jones climbing 1.6% although the broader stock market, as measured by the S&P 500 index, climbed just 0.8%. The rally came as markets became opti...

Investors Flee to Safe Havens

Almost all asset classes fell overnight with the notable exception of bonds and bitcoin. European stocks had a horrid session with fears of economic collapse in Turkey unsettling investors. The Da...

Turkish Lira Bounces

Global stocks rallied overnight as some of the emerging market currency fears subsided. Turkey’s currency, the Turkish lira, bounced against the US dollar after days of precipitous declines althou...

Turkey Currency Collapse Spooks Markets

Emerging market currency fears dominated trading overnight with the Turkish Lira falling precipitously against the US dollar. Fears of a currency collapse in Turkey are not aided by the defiant an...

ASX Reaches New 10-Year High

The Dow Jones traded close to unchanged for most of the session overnight although a decline at the end of the day saw the index close down 0.3%. The wild ride for Tesla (TSLA) continues following...

RBNZ Keeps Rates on Hold

The Dow Jones traded lower for most of the overnight session although a rally in the back half saw it come back to unchanged. A fall in the last 20 minutes of trading put the index down 0.2% for t...

Tesla Stock Jumps 11% on LBO News

US stocks opened higher overnight and remained positive in what was a fairly low volatility session. The S&P 500 closed 0.3% higher while the Dow was up 0.5% although one of the most interesting s...

RBA Rate Decision Today

US stocks rallied overnight which brought the S&P 500 to a new six month high following an 0.35% rally. The Nasdaq 100 climbed 0.6% with Facebook (FB) stock rallying 4.4%. While FB has yet to reco...

Profit Season Begins This Week

The ASX is looking for a solid start later this morning despite poor run last week that saw the ASX 200 close 1% lower. The ASX 200 futures market was up 26 points at the close on Friday after a r...

Bank of England Raises Rates

European indices provided weak leads for the US overnight as the FTSE 100 closed down 1% on trade concerns while the Dax index closed 1.5% lower. This caused both the Dow Jones and S&P 500 to open...

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