News

The ASX jumped yesterday in the afternoon after the Reserve Bank of Australia decided to lower its cash rate by 0.25% to a record low 0.75%.

Global markets were higher overnight, reversing Friday’s losses as the US market heads for its third monthly gain in four, following a weak August. 

This week’s stock market movers podcast discusses Pushpay & Plexure Guidance. Fonterra Pays some Debt. Moa gets into the Pizza Game.

The Reserve Bank ​on NZ ​kept the official cash rate at 1​.00% yesterday, in line with expectations, although the commentary by the policy committee was not as dovish as some had anticipated.

Global markets sold off overnight as political turmoil in the US whipsawed shares after a report said Democrats would announce a formal impeachment inquiry amid the Ukraine controversy.

Over the weekend saw the first major All Blacks world cup game stream on Sky Sport, and the stream did not go smoothly.

This week’s podcast discusses Comvita, Restaurant Brands, Kathmandu and Briscoes. To listen CLICK HERE.

Global markets were mixed overnig​h​​t as Federal Reserve policy makers gave mixed signals about their next move, after cutting interest rates by a quarter of a percentage point in a widely expected move. ​

Global markets were mixed overnight as investors awaited a widely expected Fed interest rate cut tomorrow morning AU/NZ time, while the impact of weekend attacks on Saudi Arabia’s biggest oil refinery faded.