News

While stock markets continue to remain in a range, both the NZ dollar and Australian dollar have continued to weaken, especially versus the US dollar

Global markets were higher overnight as Wall Street indexes hit record levels, with technology stocks continuing to lead the charge while healthcare shares also received a boost. The S&P 500 market index (the largest 500 companies listed in the US) hit a

While the three US benchmarks pulled back over the weekend, it should be kept in mind that the S&P 500 remains up more than 15% this year. Further, while Wall Street slipped from record highs, it has now been 261 trading days since we have had a 3% or mor

Global markets were higher overnight as investor optimism returned. Shares on Wall Street rebounded strongly, lifted by a rally in Wal-Mart, technology stocks and hopes that Republicans are heading in the right direction on tax reform.

As we touched on yesterday, volatility has been very low this year and there have not been any significant pullbacks/market corrections this year. As such, at the current juncture we do not see a healthy pull-back in markets after an extended period of so

With the quarterly earnings season winding down, the US market has taken a breather after its rally to record highs last week. Interestingly, a survey by Bank of America showed a record number of investors believe equities are overvalued, however cash lev

Global markets were mixed overnight as volatility remains remarkably supressed and it appears investors are awaiting fresh catalysts. Shares on Wall Street were checked by a drop in GE as well as continuing concern about the prospects of Republicans passi

Global markets were generally in negative territory on Friday, with Wall Street marginally lower as investors worried about the future of promised corporate tax cuts following duelling plans unveiled by Republican lawmakers. Last week was the first week s

Global markets were mixed overnight as Wall Street erased losses early Thursday morning thanks to a boost in technology stocks, which offset weakness in financials. Investors remain concerned that the Republican tax bill faces an uphill battle in Congress