News

Despite the fall overnight, the US market managed to eke out a gain for April (+0.3%) as markets stabilised after a very volatile February and March. Closer to home the Australian market surged +3.8% in April, while the NZ market was +1.5% higher for the

Global markets ended a choppy session more or less flat on Friday, with Amazon leading gains as the online retailer released a blockbuster earnings report.   In terms of what to watch this week, corporate earnings in the US will continue to be closely wat

Global markets rallied overnight as investors once again shifted their attention back to strong corporate earnings in the US.   Facebook leapt higher in New York, after posting results that exceeded expectations and at least for the moment set aside conce

Global markets were mixed overnight as the US markets stabilised after experiencing losses on Tuesday. The market has been swinging between gains and losses as investors mull the implications of rising US bond yields and as corporate earnings announcement

Wall Street’s three major indexes struggled for direction as Treasury yields inched up to levels (with the 10-year yield closing in on 3%) that have spooked investors in recent months. The move higher in US interest rates also saw the US dollar strengthen

Global markets were lower on Friday as investors worried about a jump in US bond yields, with technology stocks leading the decline on nerves around upcoming earnings reports and iPhone demand.   US corporate earnings season will gather pace this week wit

Global markets were lower overnight as company earnings misses knocked sentiment on Wall Street.   We were not surprised to see some consolidation overnight in the US market which has had a decent rally over the past few days. Once again, we reiterate tha

Global markets were higher overnight as commodity stocks led gains with the US market moving back to a 4-week high.  Surging prices for nickel and aluminium lifted miners in London and New York, while the price of oil reached its highest level since 2014

Global markets rallied strongly overnight with US technology stocks leading the charge as strong earnings from Netflix and UnitedHealth boosted optimism over what is expected to be the strongest earnings season in seven years.