News

Investors fear that the White House will revoke Hong Kong’s special trade status, further inflaming relations with China.

Banks have powered higher as investors rotate into “value”, with the S&P 500 financial sector index up +10% over the last two days.

Global markets were higher overnight with the US market (S&P 500 +1.2%) climbing to a 9-week high (and now up +38% from its March 23 low) after returning from a long-weekend break as optimism grew around development of a possible coronavirus vaccine and r

The Australian market was up yesterday (ASX 200 Index +2.2%) closing at an 11-week high as local shares extend their rebound with gains experienced across all sectors. US and China tensions were ignored with a greater focus on a recovering local economy,

Global markets were mixed on Friday in a mostly tame finish to a week of strong gains. Tensions remain high amid mounting signs Trump will make his tough-on-China stance a key element of his re-election bid and as US unemployment figures showed another 2.

Around 23rd of March as the emotional selloff was at its peak FBU stocks touched the lows of $3.05. The aftermath recovery was short-lived, the stock retraced back from the highs of $4.24 to now @ $3.17. As the gradual ramp up in construction activity unf