Australia Interest Rate Decision Today

With the US markets closed for a public holiday, it was fairly quiet for trading overnight. The FTSE 100 had a strong session, climbing almost 1% after several days of declines. The ASX 200 has co...

WTI Oil Breaks Through US$70 per Barrel

US president Trump is continuing with his aggressive trade policies, announcing last night that he will continue with a plan to impose tariffs on $200bn worth of Chinese imports. This would, of co...

Oil Inventories Decline for Second Consecutive Week

US stocks rose to a new record high overnight with the price now convincingly above the high made in mid-January of this year. Tech stocks have been a part of this rally with the Nasdaq 100 also r...

Yield Curve Flattens Further

US stocks opened strong but fell back during the session to eventually close flat. The S&P 500 made a new record high intraday but failed to hold it and fell back below this level. The ASX 200 ros...

S&P 500 Makes New Record High

US stocks rallied overnight with both the S&P 500 and Nasdaq 100 reaching new record highs with 0.77% and 0.98% gains respectively. European stocks also rose, including the DAX which climbed 1.2%,...

Politics Rattles the ASX

US stocks fell overnight as it became clear the trade war isn’t over and legal issues become an increasing problem for president Trump. The Dow Jones fell 0.3% while the S&P 500 was down only 0.17...

Aramco IPO Put on Hold Indefinitely

Tech stocks bucked the trend of a weaker stock market overnight with the Nasdaq 100 up 0.37% while the S&P 500 was slightly down and the Dow Jones fell 0.34%. Talks between the US and China are re...

S&P 500 Touches New Record High

The cautious rally in stocks continued overnight with the Dow Jones climbing 0.25%. The S&P 500 climbed 0.2% to 2,862 which is just 10 points shy of a new record high close price. Intraday, the in...

ASX 200 Pushes Towards New Record High

Most developed market stock indices climbed overnight including the Dow Jones which gained 0.35% and the S&P 500 which was up 0.25%. The market is cautiously optimistic about an easing of the trad...

Reporting Season in Full Swing

The local market was up 60.8 points, or 1%, last week, closing at 6339.2 on Friday. Telstra (TLS) led the way, ending up 8.8% for the week at $3.09 after enjoying their biggest single day gain in ...
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