News

Global markets initially rallied then sold off late in the session overnight after a report the Trump administration is poised to expand its trade war with China.

Global markets sold off once again on Friday, with US Technology stocks leading losses. Global investors were concerned as quarterly results from Amazon and Google (Alphabet) missed market expectations.

Global markets recovered overnight, as shares on Wall Street rebounded by about 2%, with Tech stocks leading the charge as Microsoft and Tesla reported strong earnings figures.  

Global markets continued their rout overnight, experiencing the worst day for the US Technology sector since 2011, with the Nasdaq plummeting -4.4%. The US market, measured by the S&P 500 index is now virtually flat for 2018.

Global markets sold-off once again overnight, although the US market recovered from heavy early losses in a volatile session to end down about -0.5%.

Chinese shares rebounded yesterday, with the Shanghai Composite up +4%, leading gains across Asia. The Chinese market has been in a sustained corrections for some time now, and we think there are likely to be value opportunities once the dust settles.

Global markets sold off overnight as volatility remains elevated, with US Technology shares continuing their wild ride of late. 

Global markets were slightly lower overnight, with weakness on Wall Street as the US Fed meeting minutes signalled more rate hikes ahead.

Global markets rallied overnight, as the major US markets surged with the Technology sector leading gains and reversing some of its previous losses. Upbeat earnings from blue-chips such as Johnson & Johnson and Goldman Sachs eased jitters over the impact