News

Global markets were higher overnight as the US share market hit new record highs on the back of positive economic data. Investor sentiment was bolstered by solid manufacturing and private employment figures in the US which saw cyclical stocks rally.     C

Global markets moved lower overnight in another quiet night in terms of news flow. A rise in technology stocks was offset by falls in energy and financials on Wall Street

Markets ended May on a mixed note. The Australian market (measured by the ASX 200 index) lost -3.3% for the month of May, which was the markets worst monthly performance since January 2016. In contrast, the New Zealand market (measured by the NZX 50 index

Global markets were mainly closed overnight due to a Bank holiday in Britain and the US and with a two-day holiday in China. Closer to home, local markets were quiet, with both the ASX & NZX selling off yesterday. The price of iron ore has fallen sharpl

Global markets were mixed on Friday with US stocks little changed ahead of a holiday weekend, although major indexes snapped a two-week streak of losses. Interestingly, the price of gold has moved to its highest level of the month, lifting prices for a th

Global markets were mainly closed overnight due to a Bank holiday in Britain and the US and with a two-day holiday in China. Closer to home, local markets were quiet, with both the ASX & NZX selling off yesterday.   The price of iron ore has fallen sharpl

Global markets generally made gains overnight, although the energy sector sold off after the highly-anticipated Organization of the Petroleum Exporting Countries (OPEC) meeting disappointed investors.   While OPEC did extend oil production cuts for anothe

Global markets generally made gains overnight, although the energy sector sold off after the highly-anticipated Organization of the Petroleum Exporting Countries (OPEC) meeting disappointed investors. While OPEC did extend oil production cuts for anothe

Global markets were higher overnight, and the US market (measured by the S&P500 index) hit a new record high as the US Federal Reserve released minutes from its last meeting.