RBA Keeps Rates On Hold

After opening higher, the Dow Jones faded throughout the session to eventually close down 0.5% and it was an almost identical story for the S&P 500. Tesla (TSLA) shares were particularly hard hit,...

Aussie Dollar Declines Continue

Although it was trading in negative territory for most of the session, the Dow Jones staged a late rally that gave it a positive close. It was the same for the S&P 500 which closed up 0.3%. From a...

Technology Sector Outperforms

After two weeks of declines, the S&P 500 bucked the trend and rallied 0.6% for the day. Despite continued strength in oil prices, the energy sector was the worst performer while virtually all othe...

Bank Funding Costs Rising

After strong leads from Europe (FTSE 100 +1.1%, Dax +0.9%), US markets also climbed early on in the session. The Dow was up over 250 points shortly after the open but subsequently gave back all th...

Aussie Dollar Resumes Decline

US stocks failed to recover the losses from the previous day although all three major indexes did close positive for the day. The Dow Jones was up just 0.12% although earlier in the session it had...

Trade Tariffs Spook Markets

Trump’s continuing intervention in trade has again spooked markets and sent the S&P 500 1.4% lower. The main concern comes from a new proposal to ban investment in America from companies that are ...

ASX Outperforms Global Markets

The ASX is looking at a continuation today of last week’s solid run which saw the market up 2.2% - its best weekly performance this year . The strength of the ASX was in sharp contrast to the perf...

ASX Stocks Outperform

It was another flat session for large cap stocks while Nasdaq stocks climbed. The Dow Jones was down 0.15% while the Nasdaq 100 closed 0.7% higher. The ASX outperformed substantially yesterday wit...

ASX 200 Futures Up

US stocks declined overnight for a second session in a row. The Dow Jones was down 1.1% while the S&P 500 fared significantly better with just a 0.4% decline. This fits with industrials being the ...

RBA Meeting Minutes Released Today

US stocks opened substantially down overnight but rallied throughout the session to pare the losses. The Dow Jones closed down 0.4% while the S&P 500 was down just 0.2%. The energy sector was the ...

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