News

The big news last night was that NZ First Leader Winston Peters has chosen the Labour Party as a coalition partner, with support from the Greens to form government. The initial market reaction has been a fall in the NZ dollar, which is struggling to hold

Global markets added to gains overnight as the Dow Jones, (US Mega Cap Market Index) hit a new record high, bolstered by a rally in shares of IBM after the company reported quarterly earnings and an outlook that exceeded expectations.

Global markets were mixed overnight with Wall Street moving between small gains and losses as investors digest the latest round of quarterly corporate profit announcements. 

Global markets were little changed overnight as volatility remains depressed. A recovery for US banking stocks and a decent gain in Apple shares helped support the US markets. Closer to home the ASX market index has broken out of a trading range to a 5-m

Global markets were mixed on Friday, although Wall Street was slightly higher, as the major US indices experienced a 5th straight week of gains. The bull market’s upward momentum remains intact for now, helped by increasing signs that the global economy

Global markets were mixed overnight as Wall Street was slightly lower while the German market index (DAX) reached an all-time hig

Global markets were mixed overnight as markets generally traded in a tight range. Wall Street did manage to inch up to new highs as gains in Wal-Mart and Johnson & Johnson nudged the Dow Jones Industrial Average index to another record level.

Global markets were slightly higher overnight Wall Street rose to fresh record highs, bolstered by a rally in Wal-Mart shares.  Software as a service companies have been in the headlines in recent times, with companies such as Xero (XRO:NZ) and Wise Tech

Global markets were mixed overnight, with muted trading on Wall Street given it was Columbus Day holiday (banks were closed but markets were open). Looking at the local markets, election uncertainty didn’t hold back the NZ market on Monday (with the NZX