News

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

Global markets were higher overnight as markets took slightly stronger than expected US inflation data in their stride. As we have discussed previously, inflation figures will be the key data points to watch this year as inflation data will determine how

Global markets were mixed overnight as stocks on Wall Street swung between relatively small gains and losses. Once again, all eyes will be on monthly US inflation data which will be released Thursday morning (AU/NZ time) and investors appear to be in a ho

Global markets rebounded overnight as Wall Street shares found some upward momentum midway through the trading session.   Volatility has returned to markets in a big way, and the S&P 500 (US market index) has tumbled in seven of the 10 past days, and plun