News

February marked the return of volatility to markets, driven by expectations of higher interest rates around the globe and the return of inflation.  In terms of the local markets, the ASX lost -0.4% in February after the nasty sell-off at the start of the

Global markets sold off overnight after Fed chair Jerome Powell was seen as signalling rate hikes could accelerate in his first testimony to Congress. Powell made relatively bullish comments on rates and wages and said big tax cut and spending deals recen

Global markets continued to rebound overnight as global equities recover from this month’s correction. Gains in technology and industrial shares boosted Wall Street on Monday, with investors also awaiting Federal Reserve Chair Jerome Powell’s testimony fo

The local earnings season continues this week with a number of Australian & NZ companies reporting profit figures. Last week was the biggest week for half-year profit reports in Australia and showed that earnings estimates for 2017-18 and 2018-19 are larg

It was a massive day of corporate profit announcements across Australia and NZ yesterday, as some companies beat market expectations while others missed. There were big moves across market darlings such as A2 Milk which jumped higher. On the flipside, ano

Local earnings season is in full-swing across Australia & NZ this week, with a huge day in terms of corporate profit announcements due today. During corporate earnings season, investor attention usually moves away from other issues such as economics and p

Global markets drifted lower overnight on lower than usual volume with both the Chinese and US financial markets closed for holidays.  While US earnings season has come to an end, local earnings season gets in to full-swing across Australia & NZ this wee

Global markets were generally higher on Friday although the pace of Wall Street’s recovery rally eased ahead of a three-day break in the US. The US market (measured by the S&P 500 index) closed out its fastest-climbing week since 2013, although it surrend

Global markets were higher overnight with shares on Wall Street lifted by Cisco and Apple, as investors shrugged off fears of rising inflation and hunted for bargains after last week’s sell-off. Cisco shares jumped after the network gear maker posted upbe