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Stocks across Asia were hit hard as the Chinese market re-opened after a holiday period, with China’s Shanghai Composite Index dropping over -3%.

Global markets sold off on Friday, as the US unemployment rate fell to near a 49-year low of 3.7%, pointing to a further tightening in labour market conditions.

Global markets sold off overnight, with stocks on Wall Street experiencing the biggest drop in about 4-months, falling from record highs.

Italy is back in the headlines, with renewed jitters over Italy’s budget deficit as the European Commission warned of a Greek-style crisis looming in Italy.

Closer to home, the Reserve Bank of Australia (RBA) held its cash rate steady yesterday, as the central bank showed no signs that fallout from the royal commission and an accelerating house price decline will deter it from a patient policy stance

Wall Street was helped by a last-minute deal to salvage NAFTA as a trilateral pact. US President Donald Trump on Monday said a new free trade agreement with Canada and Mexico would support hundreds of thousands of US jobs, marking it as a victory in his p

The NZ market added to gains in September, with the NZX 50 market index adding +0.4% for the month and trading at all-time highs. In contrast, the Australian market retraced from 10-year highs, with the ASX 200 market index losing -1.77% in September.

Global markets were higher overnight, helped by high-flying shares of Alphabet and Netflix, as well as the US Federal Reserve’s confidence in the strength of the US economy.

Global markets were mostly lower overnight as the US Federal Reserve (Fed) raised interest rates by a quarter of a percentage point to a range of 2.00 percent to 2.25 percent