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Global markets were mainly closed overnight due to a Bank holiday in Britain and the US and with a two-day holiday in China. Closer to home, local markets were quiet, with both the ASX & NZX selling off yesterday. The price of iron ore has fallen sharpl

Global markets were mainly closed overnight due to a Bank holiday in Britain and the US and with a two-day holiday in China. Closer to home, local markets were quiet, with both the ASX & NZX selling off yesterday.   The price of iron ore has fallen sharpl

Global markets were mixed on Friday with US stocks little changed ahead of a holiday weekend, although major indexes snapped a two-week streak of losses. Interestingly, the price of gold has moved to its highest level of the month, lifting prices for a th

Global markets were higher overnight, and the US market (measured by the S&P500 index) hit a new record high as the US Federal Reserve released minutes from its last meeting.

Global markets generally made gains overnight, although the energy sector sold off after the highly-anticipated Organization of the Petroleum Exporting Countries (OPEC) meeting disappointed investors. While OPEC did extend oil production cuts for anothe

Global markets generally made gains overnight, although the energy sector sold off after the highly-anticipated Organization of the Petroleum Exporting Countries (OPEC) meeting disappointed investors.   While OPEC did extend oil production cuts for anothe

Global markets traded in a narrow range overnight in what was a relatively quiet night in terms of news flow. US Financials led gains on Wall Street as investors digested President Trump’s budget plan. As we discussed as recently as last week, one of our

Global markets were generally higher overnight, as investors seem to have shaken off any jitters sparked by US politics last week. Wall Street extended gains as it was boosted by technology shares and as defence companies rose after the United States and

Global markets were higher on Friday, although the US market pared gains into the close on reports by Washington Post that investigators are focusing on a current White House official as a person of interest in their probe of Russian influence on the elec