News

Global markets were ​lower overnight as investors digested the latest interest rate decision​ from the US Federal Reserve.

Global markets were mixed overnight after shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results.

U​S​ stocks​ ​hit​ new​ record highs as consumer spending rose in March and benign inflation data was published​.

For the week ahead, investor attention will likely remain focussed on US corporate earnings season – with the likes of McDonalds, Google, and Apple reporting results, but the ​key event to watch will be Thursday morning’s US Federal Reserve policy announc

​In this weeks podcast, ​Jeremy discusses Uber and Lyft IPOs​ in the US, Tourism Holdings negative guidance & Scott Technologies.

Global markets rallied overnight as shares on Wall Street are back near all-time highs as a clutch of better-than-expected earnings reports eased concerns of slowing corporate profits and sparked a broad-based rally.

The US market was open overnight and stocks on Wall Street were little changed ​as investors awaited a barrage of major earnings reports this week, the busiest this earnings season.

The NZX 50 market index is close to major milestone, with the index trading just below the 10,000​ level. Local investor senti​ment was buoyed by the ​NZ ​government’s decision to ditch a proposed capital gains tax​ as well as weak inflation data

Crude Oil prices are up around +40% year to date, primarily on the back of supply risks.