News

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17 August 2020 -

Earnings Results in Focus | Telstra Update, Plexure

Closer to home, NZ lockdown extension measures were announced that were largely “as expected”, and the NZX has opened higher this morning. With the ASX market reaction to Melbourne a good case study, our view is that the NZX is currently pricing in a shor

14 August 2020 -

Auckland Re-Enters Lockdown | Fletcher Building

Global markets were mostly lower overnight, with the US market edging lower (S&P 500 Index -0.8%) as uncertainty grows around a covid-19 stimulus bill with negotiations at a stalemate.

14 August 2020 -

RBNZ Remains Supportive | Sydney Airport

Global markets were mostly up overnight, with the US market climbing higher (S&P 500 Index +1.4%) and briefly surpassing its record high close in February intra-day.

14 August 2020 -

Local Reporting Season | Treasury Wine Estates Jumps +12%

Global markets were mostly lower overnight, although Apple kept the Nasdaq Technology Index in positive territory as it is set to announce a series of new bundled products

11 August 2020 -

Retirement – Metlifecare to Summerset | Meridian Jumps

Global markets were mostly higher overnight (S&P 500 Index +0.6%) with technology stocks once again leading the charge.

11 August 2020 -

Week Ahead, Tech Tensions | Kathmandu Update

Global markets were mostly higher on Friday (S&P 500 Index +0.06%), although the technology sector gave back some of its recent gains which weighed on the US market.

11 August 2020 -

Awaiting New Fiscal Bill | Myer Update, Kogan Jumps

Global markets were mostly higher overnight, with the US market edging higher (S&P 500 Index +0.3%) as investors extended their rotation into value stocks from the high flying tech sector

6 August 2020 -

Vaccine Hopes | Unemployment & Briscoes Group

Global markets were up again overnight (S&P 500 Index +0.6% for its 4th straight day of gains), and the S&P 500 is now just 2% from its February all-time high.

5 August 2020 -

Manufacturing Data Lifts US | Scales Update

Global markets were up overnight Friday, as the US market edged higher (S&P 500 Index +0.7%) and the S&P 500 index is now just 3% shy of its record highs.