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20 March 2018 -

Tech Pullback | Sydney Airport

Global markets sold off overnight as technology shares pulled back sharply following a -7% fall in Facebook shares. Facebook’s shares sank after reports that its user data was misused led to concerns over broader privacy violations and sparked a sell-off

19 March 2018 -

Week Ahead: Fed & RBNZ | Wesfarmers to Sell Coles

Global markets were little changed on Friday as investors look ahead to events this week, including the chance of new US trade tariffs aimed at China and a US Federal Reserve decision.

16 March 2018 -

NZ GDP | PGG Wrightson Takeover?

Global markets were mixed overnight in a quiet night for news flow. Investors were also weighing prospects for more US trade protectionism after new White House appointee Larry Kudlow signalled support for a strong dollar and took a tough line on China.

13 March 2018 -

Quiet Markets | Woodside Petroleum & BHP Deal

Global markets were little changed overnight as Wall Street struggled to hold on to early gains as losses in industrial stocks including Boeing and Caterpillar offset gains in chipmakers and technology companies. Worries about the impact of President Dona

12 March 2018 -

Jobs Numbers Boost Markets | Harvey Norman Plummets 

Global markets rallied on Friday with the Nasdaq (US Technology Index) back at all-time highs as the latest US wage data dampened worries about a faster pace of rate hikes. The February US payrolls report released on Friday showed that wages lifted at a

9 March 2018 -

Markets Await Tariff News | Tegel Trading Update

President Trump tweeted that he is set to hold a meeting on tariffs at the White House and it is still unclear whether the proposed tariffs will exempt any countries though there are signs that both Canada and Mexico will secure exemptions. As we mentione

8 March 2018 -

Uncertainty as Cohn Resigns | Metlifecare’s Earnings Miss

Global markets were mixed overnight and at the time of writing the US market was lower while European markets ended the session in positive territory. Once again, concerns around whether President Donald Trump will proceed with imposing tariffs continue t

7 March 2018 -

Tariff Losers, RBA | Wisetech’s Correction

There are reports that economic adviser Gary Cohn will leave his White House job if Trump decides to go forward with tariffs on imported steel and aluminium. Goldman Sachs delivered a comprehensive critique of Donald Trump’s planned metal tariffs, saying

6 March 2018 -

Markets Rebound | Coca-Cola Amatil Turning a Corner?

Global markets rebounded overnight concerns about a US-triggered trade war eased and Wall St rallied.