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25 May 2017 -

Beefed Up, Australian Agricultural Co.

Global markets traded in a narrow range overnight in what was a relatively quiet night in terms of news flow. US Financials led gains on Wall Street as investors digested President Trump’s budget plan. As we discussed as recently as last week, one of our

23 May 2017 -

Markets Start Week Higher, Fisher & Paykel Result

Global markets were generally higher overnight, as investors seem to have shaken off any jitters sparked by US politics last week. Wall Street extended gains as it was boosted by technology shares and as defence companies rose after the United States and

22 May 2017 -

Resources Rebound, Ryman Disappoints

Global markets were higher on Friday, although the US market pared gains into the close on reports by Washington Post that investigators are focusing on a current White House official as a person of interest in their probe of Russian influence on the elec

19 May 2017 -

US Market Rebounds, Infratil

Global markets were mixed overnight, as the US market recovered some ground with Technology stocks leading the market rebound. The relief rally came after the biggest one day fall on Wall Street in 8-months on Wednesday after concerns that obstruction of

18 May 2017 -

Trump Sparks Sell-off, a Win for Fisher & Paykel

Global markets sold off overnight, US Treasuries rallied the most since Brexit, and volatility spiked higher as the turmoil surrounding the Trump administration roiled financial markets around the globe. We noted just yesterday that the US market had been

18 May 2017 -

Trump Sparks Sell-off

Global markets sold off overnight, US Treasuries rallied the most since Brexit, and volatility spiked higher as the turmoil surrounding the Trump administration roiled financial markets around the globe. We noted just yesterday that the US market had been

17 May 2017 -

Rise of the Chinese Consumer, Elders

Global markets were higher overnight as the US market hit fresh record highs. Optimism was driven by a jump in the price of oil as Saudi Arabia and Russia agreed to extend their current oil production output quota through to March 2018. As we discussed ye

17 May 2017 -

US Market Hovers Near All-time Highs

Global markets were mixed overnight in what was a quiet night in terms of news flow. The US market continues to drift as it hovers near record highs. As we mentioned last week, global markets have been remarkably calm of late, with the VIX (a measure of

15 May 2017 -

Lowest Volatility in Decades, RBNZ Sees NZD Fall

Global markets were little changed overnight as volatility remains subdued. A rebound in the oil price saw the energy sector make gains while investors digested a weak batch of US corporate earnings and news that Trump has dismissed the FBI chief.