News

Global markets were higher overnight with the big news being the US central bank announcement that confirmed that interest rate cuts are done for now, and policymakers see rates steady through next year.

​​Global markets were higher overnight as Wall Street hit record levels ​a​fter President Donald Trump tweeted that the United States was “very close” to a trade deal with China and on a report that ​US ​trade negotiators had offered to cancel a fresh rou

​Global markets were slightly lower overnight, as investors await a number of key events this week. 

Global markets​ were higher overnight ​as Wall Street’s main ind​ices broke ​a three-day losing streak following a report that the United States and China were moving closer to signing a “phase one” trade deal. ​Trade War news flow continues to drive inve

The big news across Australasia yesterday related to the bank stocks which rallied when the Reserve Bank’s new capital adequacy rules weren’t as harsh as some investors feared.

​Global markets ​were lower on Friday, to wrap up what was ​a strong month were equities, with markets around fresh all-time highs.

Global markets ​retraced overnight after Donald Trump moved to re-introduce tariffs on steel and aluminium from Argentina and Brazil.​

The Reserve Bank of Australia kept the cash rate at 0.75​% yesterday, with governor Philip Lowe saying the economy had passed a gentle turning point and that the board wanted more time to see how the current low rates played out.

Global markets rallied overnight, as US stock indices hit new record highs with reports the US and China were nearing a trade truce sparking a rally in Apple and semiconductor stocks, with sentiment also buoyed by a raft of blockbuster deals.​​