Nasdaq 100 Outperforms

US stock markets continue to climb even as a rate hike by the Federal Reserve looms for Thursday morning (AEDT). The Dow Jones closed up 0.2% while the S&P 500 was up 0.3%. Although these weren’t...

Bitcoin Futures Begin Trading

Both the Dow Jones and S&P 500 climbed approximately 0.5% on Friday. The ASX 200 also climbed on Friday, closing just below the 6,000 level at 5,994. US markets are again breaking record highs a...

Australia Trade Balance Barely In Surplus

Without a doubt, the biggest moving instrument last night was bitcoin which surged from US$13,700 to a high of $16,600 (depending on which exchange you look at). Bitcoin exchanges were strugglin...

Australia GDP Below Expectations

The Dow Jones and S&P 500 fell slightly overnight while the Nasdaq 100 closed up 0.45%. After a week of declines the Nasdaq was due for a rally with Tesla (TSLA) being one of the biggest gainers...

Australia Retail Sales Stronger Than Expected

The two major US indices were down overnight while the Nasdaq 100 gave back early gains to close flat. Big tech names have had a rough week with Microsoft (MSFT) down 4%, Netflix (NFLX) down 7.3...

Iron Ore Continues Bull Run

Both the S&P 500 and Dow Jones opened higher overnight following the passage of the tax bill that will cut the corporate rate to 20% but stocks drifted throughout the day such that the S&P 500 cl...

Iron Ore Climbs to Ten Week High

US stock markets had a volatile session as news that a former national security adviser was ready to testify against a senior member of Trump’s government in relation to the Russia probe. This ca...

OPEC Reaches Oil Cut Agreement

US stock markets finished November with a bang. The Dow Jones and S&P 500 both made new record highs with the Dow closing the session 1.4% higher. The Nasdaq 100 struggled to make back yesterday’...

FANG Stocks Suffer Large Falls

The Dow Jones was the only of the three major indices to close higher overnight. The S&P 500 was virtually flat while the Nasdaq 100 was down 1.7%. Netflix (NFLX) was down 5.5% while Facebook (FB...

ASX Futures Point to Higher Open

US stock markets had a strong session with the major indices climbing by around 1%. The Nasdaq 100 underperformed but still rose on the session, closing 0.25% higher. All indices sold off follow...
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