News

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29 September 2020 -

Week Ahead, Tech Rallies | Westpac Jumps

This week sees the first 2020 US presidential debate which will be watched closely by investors.

29 September 2020 -

Tiwai & Trans-Tasman Bubble | A2 Milk Update

Global markets were higher overnight as US markets (S&P 500 +1.6%) jumped after four weeks of declines and European shares added the most in three months in broad gains for equities.

27 September 2020 -

US Negotiations | Value in Kiwi Property Group

Global markets were mixed overnight, as US markets were higher (S&P 500 Index +0.3%) on speculation that talks about a new round of economic stimulus will resume amid growing concern over a resurgence in coronavirus cases around the world.

24 September 2020 -

RBNZ, A Choppy Session | Kathmandu Result

Global markets sold-off overnight (S&P 500 Index -2.4%) with all three major Wall street indices falling sharply without a clear catalyst.

23 September 2020 -

Financials Tank, Second Wave Concerns | Fonterra Result

Global markets continued the recent downward trend overnight (S&P 500 Index -1.1%) with all three of Wall Street’s main indexes lower, although Tech stocks outperformed.

23 September 2020 -

Investors Buy the Dip | Woodside Result

Global markets were up overnight (S&P 500 Index +1.1%) snapping a 4-day losing streak as investors “bought the dip” despite a likely delay in new fiscal stimulus by Congress and as an increase in the number of covid-19 cases dampened hopes of a faster eco

21 September 2020 -

NZ GDP – In Recession | Heartland Group Jumps

Global markets were lower overnight as US stocks fell (US S&P 500 index -0.8%) and Treasuries gained as investors mulled whether the levels of stimulus being provided is enough amid a gradual economic recovery.

21 September 2020 -

Week Ahead, 3 Weeks of Declines | AIA Update

Global markets continued to sell-off on Friday (S&P 500 Index -1.1%) and the US market has now recorded 3 consecutive weeks of declines (which we didn’t even see in February or March).

17 September 2020 -

Supportive Data | Macquarie Guidance

Global markets were higher overnight (S&P 500 Index +0.5%) as investors await the latest US Federal Reserve announcement, with hopes it will stick with its supportive policy stance as the central bank’s two-day meeting got under way.