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

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

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

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.

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,

Stocks hit the lows of the day after China responded to overnight accusations from Trump, warning that it will safeguard its sovereignty, security and interests, and threatened countermeasures. Signs are mounting that President Donald Trump will make his

Global markets were mixed overnight as the US market (S&P 500 -1.1%) slid, ending a three-day rally.

Gains were generally broad based with tech giants Amazon and Facebook both hitting new all-time highs as investors cheered the company’s new e-commerce platform – Facebook Shops, while Amazon continues to benefit from from consumers ordering online.  

Global markets were higher overnight, as the US market (S&P 500 +3.1%) surged higher to close at a 10-week high on a number of positive developments.