News

Oceania has had a volatile run over the last 6-months, rallying strongly then pulling back as NZ was put into lockdown and the RBNZ implemented rate hikes. We see the recent Oceania sell off as overly harsh and there appears to be solid support at $1.29.

Global markets were lower on Friday, as US markets (S&P500 -0.8%) fell after a disappointing November jobs report, as well as covid omicron variant concerns weighing down on the market in a highly volatile week of trading.

Global markets were mixed overnight, with Wall Street (S&P500+1.4%) rebounding sharply as volatility remains elevated.

Global markets were mixed overnight, with US markets (S&P500 -1.2%) ending the session down after after initially trading up.

Global markets were lower overnight, US markets (S&P500 -1.9%) after Federal Reserve Chair Jerome Powell weighed an earlier end to bond tapering and Moderna’s CEO predicted existing vaccines will struggle with Omicron.