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26 July 2017 -

Commodities Jump | Oil & Woodside Petroleum

Global markets were higher overnight as investors digested more quarterly earnings figures and commodity prices jumped. Strong earnings from the likes of McDonald’s and Caterpillar bolstered optimism on Wall Street.   Moves higher in iron ore, copper, and

25 July 2017 -

Nasdaq Leads Markets | NZ Refining

Global markets were mixed overnight as the Nasdaq (US Technology index) hit a new record high. Quarterly earnings announcements on Wall Street continue to dominate investor focus. This morning, Google’s parent Alphabet announced earnings figures which see

24 July 2017 -

Currency Correction? | Launch US Stock Coverage

Global markets were generally lower on Friday, while local currencies moved higher as the US Dollar continued to slide. Both the Australian Dollar and NZ Dollar have surged to recent highs of 79 cents and 74 cents versus the US dollar respectively. The mo

21 July 2017 -

Mixed Markets | Fletcher Building Axe CEO on Another Downgrade

Global markets were mixed overnight, as the US market was weighed on by a drop across retailers and tepid earnings from some big names, while the tech-heavy Nasdaq edged higher. As we have discussed, US earnings season will be watched as closely as ever g

21 July 2017 -

Market Records | Aussie Banks Surge

Global markets rallied overnight as investors digested corporate earnings season and a move higher in the price of iron ore supported resource stocks. Both the Australian and NZ markets were higher yesterday led by positive sentiment across the big Aussie

20 July 2017 -

Market Records | Aussie Banks Surge

Global markets rallied overnight as investors digested corporate earnings season and a move higher in the price of iron ore supported resource stocks.   The US market is trading near records as while IBM fell to a one year low as quarterly revenue was low

19 July 2017 -

Trump Reform Fails but Nasdaq Hits Record | Wellard Tumbles 

Global markets were mixed overnight as the Trump Administrations pro-growth agenda took another hit as the Republicans failed to pass a bill to revamp Obamacare in the US Senate. This has once again raised concerns about the Republicans ability to pass pl

18 July 2017 -

Markets Hover, Netflix Jumps | Delegat’s Upgrade 

Global markets traded in a tight range overnight as the US market hovered near highs. Once again, investors are awaiting corporate profit results to assess whether stock market valuations are justified.  

17 July 2017 -

Wall Street Highs | The BHP Debate

Global markets were mixed on Friday, although the US market ended the week with gains on Friday as Wall Street hit new record highs.   Weakness in US inflation data published on Friday will be watched closely by the US Federal Reserve, which boosted inve