Amazing Career Opportunities in the Thoroughbred Industry

Amazing Career Opportunities in the Thoroughbred Industry

When you leave high school or university it’s hard to know what your next step should be – there are so many career choices. It’s even harder to know what a job will be like when you do it and whether it is going to be the right fit for you. The thoroughbred industry is […]

Australia’s Plan to Recover from Deep Recession

Australia’s Plan to Recover from Deep Recession

#Australia #recession #recovery Australia’s Treasurer Josh Frydenberg said Wednesday that the tax cuts forming the centrepiece of the country’s annual budget will not come into effect until December. Mr. Frydenberg Tuesday announced A$17.8-B in personal tax cuts and A$5.2-B in new programs to boost employment in a plan aimed at helping the China virus-ravaged economy […]

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares finished slightly higher Tuesday as the central bank held Key rates steady ahead of the Federal budget later in the day. The S&P/ASX 200 index .AXJO closed up 0.2% at 5952.7. The benchmark had gained 2.6% Monday. In New Zealand, the benchmark S&P/NZX 50 index .NZ50 closed 0.6% higher at 11,975.02. […]

Australia Stimulates, Will Vaccinate Citizens for Free

Australia Stimulates, Will Vaccinate Citizens for Free

#Australia #stimulate #virus #vaccine “We have worked hard with international counterparts to secure the vaccine for Australia.” –Treasurer Josh Frydenberg Sunday, the Australian government said it will earmark an additional A$1.2-B ($859-M) in wage subsidies in the 2020/21 budget and that its program assumes there will be a coronavirus vaccine next year. In the run […]

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan A hardware failure shut down trading on the Tokyo Stock Exchange Thursday in the worst outage ever suffered by the world’s 3rd-largest stock market, which said it aimed to reopen Friday. Australian shares closed higher Thursday, rebounding from a more than 2% drop in the prior session, boosted by […]

Wednesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares fell more than 2% Wednesday, with miners and financials suffering major blows, as investors tracked Wall Street futures lower. The S&P/ASX 200 index ended 2.3% lower at 5,815.9, posting their 3rd straight session in the Red. The benchmark snapped a 5-month winning streak, and lost 1.4% during the […]

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan  Asian markets were powered Monday by signs China’s economic recovery was gaining momentum with pent-up demand, fiscal stimulus and surprisingly resilient exports boosting sentiment across the region. MSCI’s broadest index of Asia-Pacific shares sans Japan advanced 0.7% to 551.48, but stayed within striking distance of a 2-month low of […]

PM Morrison Vows “Titanic Effort” to Lift Australia’s Economy

PM Morrison Vows “Titanic Effort” to Lift Australia’s Economy

#Australia #economy #coronavirus Prime Minister Scott Morrison says the Australian budget, to be delivered on 6 October, will be a “titanic effort” to return the country to economic growth hammered by the coronavirus chaos. PM Morrison told reporters Sunday that the budget will the “most unprecedented investment in Australia’s future.” Australia’s GDP shrank 7% in […]

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Stock markets across Asia’s emerging economies fell Thursday as concerns about rising coronavirus cases in the developed world hammered investors’ risk appetite, driving capital into USD and other safe-havens. Australian shares closed nearly 1% lower Thursday, tracking declines on Wall Street, as fresh economic data from the United States […]

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Asian shares were broadly weaker Tuesday as possible delays in expanded US aid/relief/stimulus and concerns about fresh virus lockdowns in Europe dented the recent positive sentiment towards global equity markets. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.68%. Australia’s S&P/ASX 200 .AXJO dropped 0.5%, Hong Kong’s Hang Seng index .HSI was […]

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares dipped Monday, as a Wall Street decline in the prior session and surging cases of C-19 in Europe pushed investors to look past an improvement in the domestic virus chaos. The S&P/ASX 200 index slipped 0.2% to 5,852.10 by 0102 GMT. In New Zealand, the benchmark S&P/NZX […]

2020 Magic Millions Gold Coast 2YOs in Training Sale

2020 Magic Millions Gold Coast 2YOs in Training Sale

The quality packed catalogue for Australia’s best producing breeze-up style auction, the 2020 Magic Millions Gold Coast 2YOs in Training Sale, is now online. To be held at the Gold Coast Sales Complex on November 10, the sale features 210 exciting prospects (plus supplementaries) with buyers looking to secure their next stakes winning star. “This is a […]

Friday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares ended lower for a 2nd session running Friday, as losses in financials offset gains in mining stocks, while a rise in infections in the country’s virus hotspot Victoria dashed hopes of a Fassst recovery. The S&P/ASX 200 index shed early gains to edge 0.3% lower to 5,864.5 at […]

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Japanese stocks fell Thursday, pushed lower by major exporters after the Fed’s dovish tone drove JPA to a 7-wk high Vs USD. The Nikkei 225 Index fell 0.68% to 23,316.75 by 0159 GMT. The broader Topix fell 0.47% to 1,636.65. China shares ended weaker Thursday, with healthcare and consumer […]

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares ended flat Tuesday, weighed by banking stocks as minutes from the central bank’s recent policy meeting did not provide a clearer direction on further policy measures. The ASX 200 index ended 0.08% lower to 5,894.8. In New Zealand, the benchmark S&P/NZX 50 index ended 0.2% lower to […]

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares end higher as miners lead, virus cases abate Australian shares closed higher Monday, boosted by mining stocks, after the country’s C-19 hotspot state of Victoria reported its lowest single-day rise in new infections in nearly 3 months. The S&P/ASX 200 index ended 0.7% higher at 5,899.5. New […]

Friday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares closed at their lowest in 2.5 months Friday as hopes that the coronavirus curbs would ease soon were dashed after state leaders defended regional lockdowns and internal border closures. The S&P/ASX 200 index closed 0.83% lower to 5,859.4, its lowest since 29 June. On the week, it […]

Monday’s World Stock Markets Wrap: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan China’s benchmark Shanghai Composite Index ended at its lowest close since late July as investors sold off sectors seen as over-valued, and as the reported possible blacklisting of China’s largest chip maker by the United States hit tech firms. At the close, the Shanghai Composite index was down 1.87% […]

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares seesawed Monday, as investors remained cautious ahead of the central bank’s cash rate decision and Q-2 economic growth data expected this week to gauge the impact of the C-19 chaos domestically. The S&P/ASX 200 index rose 0.2% to 6,083.60 by 0100 GMT New Zealand’s benchmark S&P/NZX 50 […]

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australia shares rise ahead of Fed Chairman Powell’s Jackson Hole speech Investors are now looking for hints from Fed’s Powell’s speech, due at 1310 GMT, that the central bank might tweak its policy framework to help push up inflation. The S&P/ASX 200 index rose 0.2% at 6,126.20, marking a […]

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares finish higher Tuesday, as sentiment was boosted by signs of progress in US-China trade talks and positive developments in C-19 treatments The S&P/ASX 200 index rose 0.5% at 6,161.4 at the close. New Zealand’s benchmark S&P/NZX 50 index rose 0.6% at 11,993.18 Shares on China’s tech-heavy ChiNext […]

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares finished lower Thursday as appetite for risky assets faded on fears that the country’s relationship with China could further sour following a report that the government would block a Chinese buyout offer of a local dairy firm. The S&P/ASX 200 index slipped 0.8% to 6,120.00 at the […]

Wednesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Shanghai stocks finished lower Wednesday after 3 sessions running of gainers, as investors took profits while a trade talk delay with US dampened sentiment. At the close, the Shanghai Composite index was down 1.24% to 3,408.13. The blue-chip CSI300 index was down 1.5%, with its financial sector sub-index lower […]

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan Australian shares closed higher Tuesday, with healthcare stocks leading gains, as the central bank’s mins showed some optimism around its economy and the spread the coronavirus in the country appeared to ease. The S&P/ASX 200 index ended 0.8% higher at 6,123.40. In New Zealand, the benchmark S&P/NZX 50 index […]

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan China shares closed at their highest in more than a month Monday after the central bank injected fresh funds into the country’s financial system, with securities firms rallying on hopes for a lift from capital market reforms. At the close, the Shanghai Composite index was up 2.34% at 3,438.80 […]

Friday’s World Markets Outlook: Asia-Pacific

#AsiaPacific #world #stock #makets #China #Japan #Australia  Australian shares rose Friday, recording their biggest weekly gainer in 6, as the country’s central bank chief called for more fiscal stimulus to revive an economy facing its deepest recession in about a 100 yrs. Gold and tech stocks drove the S&P/ASX 200 index 0.6% higher at 6,126.2 at […]

Tuesday’s World Markets Outlook: Asia-Pacific

#AsiaPacific #world #stock #makets #China #Japan #Australia Japanese shares gained Tuesday on hopes of additional US fiscal aid/relief/stimulus to bolster the world’s largest economy, as major countries break away from the impact of the coronavirus chaos. The Nikkei 225 Index ended up 1.88% at 22,750.24. The broader Topix index rose 2.54%.  Australian shares rose to a […]

Wednesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan #Thailand Thai stocks turned positive Wednesday after its central bank held interest rates as expected and predicted Q-2 output would be better than forecast, while warning it was ready to quell gains for the baht. The bank, which already has rates at a record low of 0.5%, said exports […]

Tuesday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan China stocks ended higher Tuesday, underpinned by strong gains in banks as investors cheered Beijing’s latest move to ease pressure on the country’s financial institutions. The blue-chip CSI300 index rose 0.1% at 4,775.80, while the Shanghai Composite Index also inched up 0.1% at 3,371.69. Banks led the gainers, with […]

Monday’s World Stock Markets: Asia-Pacific

#AsiaPacific #world #stock #markets #Australia #China #Japan China shares rose on upbeat factory data, tech boost At the close, the Shanghai Composite index was up 1.75% at 3,367.97. The blue-chip CSI300 index was up 1.62%. The smaller Shenzhen index ended up 2.6% and the start-up board ChiNext Composite index was higher by 2.629%. Shanghai’s tech-focused STAR50 […]

Thursday’s World Stock Markets: Asia-Pacific

#AsiaPacific #stock #markets China shares finished lower Thursday, with tech and resources shares leading the declines, as some investors booked profits following the market’s strong finish in the prior session. The blue-chip CSI300 index ended down 0.5% to 4,656.15 and the Shanghai Composite Index 0.2% to 3,286.82. Australian shares finished higher Thursday as investors cheered […]

Wednesday’s World Stock Markets: Asia-Pacific

China’s benchmark index posted the biggest gainer in a wk Wednesday as investors bought up shares after recent slumps, while the tech-focused STAR board soared on new listings. At the close, the Shanghai Composite index was up 2.06% at 3,294.55, its best daily performance since 20 July. The blue-chip CSI300 index was up 2.42% with […]

Friday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific  China stocks fell Friday to finish the week lower. The blue-chip CSI300 index fell 4.4% to 4,505.59, while the Shanghai Composite Index retreated 3.9% to 3,196.77. The tech-heavy start-up board ChiNext slumped 6.1%, while the newly-launched STAR 50 index dove 7%. Australian shares closed lower Friday, led by tech stocks […]

Thursday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Chinese shares fell Thursday, snapping a 4-day win streak, after an abrupt US order for closure of the Chinese consulate in Houston stoked geopolitical tensions and offered exits for investors who profited from the market’s recent rally. The Shanghai Composite Index fell 0.2% to 3,325.11 and the blue-chip CSI300 index […]

Monday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific China stocks rose 3% Monday, led by financial firms, after regulators moved to bolster the market by lifting equity investment cap for insurers and encouraging mergers and acquisitions among brokerages and mutual fund houses. At the close, the Shanghai Composite index was up 3.11% at 3,314.15, while the blue-chip CSI300 […]

Thursday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Australian shares ended lower Thursday, after the country’s unemployment rate hit a 22-yr high and rising C-19 coronavirus cases in some states raised a likelihood of harsher curbs, reminding investors of the impending economic pain. The S&P/ASX 200 index fell 0.7% to 6010.90 at the close of trade. In New […]

Wednesday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Australian shares closed higher Wednesday, mirroring overnight gains on Wall Street, with material stocks providing a major lift to the domestic benchmark. The S&P/ASX 200 index rose 1.88% at 6,052.9 pts, in its best day since 30 June. In New Zealand, the benchmark S&P/NZX 50 index rose 1% at 11,610.52. […]

Friday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Australian shares slipped Friday posting a weekly loss as fresh restrictions to contain a spike in C-19 coronavirus cases dampened hopes of a quick economic recovery. The S&P/ASX 200 index fell 0.61% to 5,919.2, on the week, it declined 2.3%. In New Zealand, the benchmark S&P/NZX 50 index settled 0.4% […]

Wednesday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Around the region, MSCI’s Asia sans-Japan stock index was firmer by 0.5%, while Japan’s Nikkei index closed down 0.8%. Shares in Mainland China closed at multi-year highs Wednesday, extending their winning streak to the 7th session. At the close, the Shanghai Composite index was 1.7% higher at 3,403.44, its highest […]

Monday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #coronavirus #AsiaPacific Australian shares finished lower Monday, snapping 4 straight sessions of gainers, as a spike in domestic cases of the C-19 coronavirus brought fresh restrictions and renewed fears of further economic pain. The S&P/ASX 200 index closed 0.7% lower to 6,014.6, YTD the index has shed 9.37%. New Zealand’s benchmark S&P/NZX […]

Thursday’s World Markets Outlook: Asia-Pacific

#world #stock #markets $HongKong #Australia #Japan #China #AsiaPacific Hong Kong stocks posted strong gains Thursday, with the index tracking Mainland stocks having its best day in more than 3 months, after a security law went into effect in the city this week. The Hang Seng index rose 2.9% at 25,124.19, while the China Enterprises Index, […]

A Look at Australia AUDUSD ASX Outlook

A Look at Australia AUDUSD ASX Outlook

#AUSTRALIA $AUDUSD $ASX The Reserve Bank’s Policy Actions and Balance Sheet Guy Debelle[*]Deputy Governor The Economic Society AustraliaOnline – 30 June 2020 Australia is experiencing an historic event. It is first and foremost a health event. Thankfully, thus far the health outcomes in Australia have been better than feared. The health decisions taken by the […]

Wednesday’s World Markets Outlook: Asia-Pacific

#world #stock #markets #AsiaPacific Australian shares started the financial year on a positive note The S&P/ASX 200 index was up 0.6% at 5,934.40 at the close of trade, helped by a burst of late-buying after the Bell. The benchmark ended 1.4% firmer Tuesday after a senior central bank official said the economy would need “considerable” […]

Qantas is Just the Beginning of the Australian Dollars Trouble

Qantas is Just the Beginning of the Australian Dollars Trouble

#FX #AUDUSD #AUD #AUSTRALIA Already over taxed and under serviced the Aussie worker is taking on an increasing amount of debt via Government bail-out and assistance programs. Afer making themselves dependent on China they now find themselves at odds with their self appointed benefactor. Government Debt to GDP in Australia averaged 24.41 percent from 1989 […]

Thursday’s World Markets Outlook: Asia-Pacific

Australian shares closed 2.5% lower Thursday, snapping a 4-day winning streak, as rising concerns about a resurgence of C-19 coronavirus cases. The S&P/ASX 200 index ended 2.5% lower at 5,817.7 in its worst session since 12 June. New Zealand’s benchmark S&P/NZX 50 index declined 1.2% or 135.05 pts to 11,124.36.  Japanese stocks ended at a […]

Wednesday’s World Markets Outlook: Asia-Pacific

Gold and healthcare stocks helped Australian shares eke out another session of gains on Wednesday, as investors remained cautiously optimistic about hopes of an economic recovery even as C-19 coronavirus cases continue to rise. The S&P/ASX 200 index ended up 0.2% at 5,965.70 to a 4th straight session of gainers. The benchmark is down 10.9% […]

Friday’s World Markets Outlook: Asia-Pacific

 Australian shares gained Friday helped by energy stocks that tracked higher Crude Oil prices, although worries remained about a 2nd wave of C-19 coronavirus infections around the world. The S&P/ASX 200 index rose 0.73% at 5,979.9 in early trade and hit its highest since 11 June. In New Zealand, the benchmark S&P/NZX 50 index rose […]

Thursday’s World Markets Outlook: Asia-Pacific

China stocks firmed Thursday as policymakers assured investors that the economy is gradually recovering from the C-19 coronavirus chaos, while pledging more reforms and liquidity to bolster capital markets. At the midday break, the Shanghai Composite index was up 0.03% at 2,936.88 pts, while China’s blue-chip CSI300 index rose 0.46%. The smaller Shenzhen index was […]

Wednesday’s World Markets Outlook: Asia-Pacific

SKorean shares rose for the 9th straight session Wednesday on hopes for a quick recovery from the C-19 coronavirus chaos-induced economic downturn, though investors maintained a cautious stance ahead of a Fed policy decision. The Korean Won firmed to its highest close in more than 3 months, and the benchmark bond yield rose. The Seoul […]

Tuesday’s World Markets Outlook: Asia-Pacific

Australian shares rose more than 3% Tuesday, with gains propped up by miners and financial stocks, as investors continued to bet on a swift economic rebound from the damage wrought by the C-19 coronavirus chaos. Returning from a holiday-extended weekend, the S&P/ASX 200 rose 2.6% to 6,153.7 by 0037 GMT, up for a 6th straight […]

Tuesday’s World Markets Outlook: Asia-Pacific

World stocks have risen 35% from a late March bottom. Australian shares closed higher Tuesday after the country’s central bank reiterated that the impact from the C-19 coronavirus chaos could be less damaging than initially feared, stoking hopes of a speedy economic recovery. The S&P/ASX 200 closed 0.3% firmer at 5,835.10, though lingering worries over […]

F1: Ferrari’s Newest Driver Academy to Launch in Sydney

F1: Ferrari’s Newest Driver Academy to Launch in Sydney

$RACE F1 giant Ferrari (NYSE:RACE) has chosen Sydney as the base for a new program aimed at finding Top driver talent in the Asia-Pacific region. The new Ferrari Driver Academy will be based at the Sydney Motorsport Park to attract drivers from Australia, New Zealand and countries through Asia. Similar development programs have produced talent […]

Friday’s World Markets Outlook: Asia-Pacific

Australian shares eased 1.6% Friday, though gained for the 5th straight week as hopes of a faster-than-expected economic recovery Down Under from C-19 coronavirus chaos-induced disruptions outweighed worries of a deepened US-China rift. The S&P/ASX 200 closed at 5,755.7 and saw its worst day in 2 wks, as markets nervously awaited a response from the […]

Thursday’s World Markets Outlook: Asia-Pacific

Hong Kong shares ended lower Thursday. The Hang Seng index closed down 0.7% to 23,132.76, after falling more than 2% mid-session to its lowest mark since 25 May. The Hang Seng China Enterprises index fell 0.2%. The sub-index of the Hang Seng tracking energy shares was flat, the IT sector lost almost 2%, the financial […]

Wednesday’s World Markets Outlook: Asia-Pacific

Australian shares settled lower Wednesday as rising tensions in Hong Kong over China’s proposed security law took the shine off surging bank stocks and tempered expectations of a global economic recovery. The S&P/ASX 200 opened lower but recouped losses to rise 1% in intra-day trade. However, selling in the final 15 mins of trade wiped […]

Tuesday’s World Markets Outlook: Asia-Pacific

Australia and New Zealand stock indexes on Tuesday surged to their highest in more than two months, fuelled by mounting hopes of a global economic recovery as more countries emerge from the coronavirus-induced lockdown. The S&P/ASX 200 index advanced more than 2% for the 2nd straight session and ended 2.9% firmer at 5,780 pts. The […]

Thursday’s World Markets Outlook: Asia-Pacific

China and Hong Kong stocks were little changed Thursday ahead of the country’s annual parliament session, starting this week, that could yield more economic stimulus. At the midday break, the Shanghai Composite index was up 0.05% at 2,885.20. China’s blue-chip CSI300 index was up 0.06%, with its financial sector sub-index losing 0.07%, the Real Estate […]

Wednesday’s World Markets Outlook: Asia-Pacific

China shares fell Wednesday as cautious investors held back ahead of the country’s annual political meetings where policymakers will discuss measures to boost the economy. At the midday break, the Shanghai Composite index was down 0.45% to 2,885.54. China’s blue-chip CSI300 index was down 0.49%, with its financial sector sub-index lower by 0.37%, the consumer […]

Tuesday’s World Markets Outlook: Asia-Pacific

MSCI’s broadest index of Asia-Pacific shares sans Japan last traded up 1.6% in late Asian trade. Australian shares closed at a more than two-month high on Tuesday, led by gains in mining, energy and financial stocks, as a gradual re-opening of some economies boosted sentiment and raised hopes of a demand recovery for commodities. The […]

Monday’s World Markets Outlook: Asia-Pacific

China shares ended higher Monday as investors took hope from data showing home prices rose in April, but renewed trade tensions between Beijing and Washington At the close, the Shanghai Composite index was up 0.24% at 2,875.42. The blue-chip CSI300 index was up 0.26%, with its financial sector sub-index higher by 0.06%, the consumer staples […]

Friday’s World Markets Outlook: Asia-Pacific

The Japanese benchmark Nikkei average dipped 0.3% to 19,854.03 by the midday break, with Real Estate and other defensive sectors leading the losses. On the week, the Nikkei was down 1.6%, poised for its 1st weekly decliner in 3. The broader Topix fell 0.3% to 1,441.96 by the recess, with 66% of the 33 sector […]

Thursday’s World Markets Outlook: Asia-Pacific

Chinese shares closed lower Thursday as investors worried about a prolonged recovery in the economy, while awaiting more active stimulus policies to cushion the blow from the C-19 coronavirus chaos. The Shanghai Composite index ended 0.96% lower to 2,870.34. The blue-chip CSI300 index shed 1.08%, with its financial sector sub-index sliding 1.33%, the consumer staples […]

Tuesday’s World Markets Outlook: Asia-Pacific

Japan’s Nikkei share average slipped from a two-month high on Tuesday as concerns about further waves of coronavirus infections undermined recent optimism on economic re-openings. The Nikkei share average ended down 0.12% to 20,366.48 points, a day after it hit a 2-month high. It has risen 18.7% from a bottom hit on 19 March. The […]

Monday’s World Markets Outlook: Asia-Pacific

China stocks shed early gains to end a tick lower Monday, amid renewed concerns over the coronavirus outbreak as Wuhan reported its 1st cluster of infections since the lockdown was lifted a month ago. At the close, the Shanghai Composite index was down 0.02% at 2,894.80. The blue-chip CSI300 index was down 0.09%, with its […]

Friday’s World Markets Outlook: Asia-Pacific

China stocks closed higher Friday as investors cheered Beijing opening up its financial markets further to foreign investors. China finalised rules Thursday that scrap quotas under 2 major inbound investment programs, giving qualified foreign institutions unlimited access to Chinese stocks and bonds. At the close, the Shanghai Composite index was up 0.83% at 2,895.34 and […]

Thursday’s World Markets Outlook: Asia-Pacific

Thursday’s World Markets Outlook: Asia-Pacific

Asian shares pared early losses Thursday after Chinese exports proved far stronger than even Bulls imagined. Around the region, MSCI’s Asia sans Japan stock index was weaker by 0.1%, while Japan’s Nikkei index closed up 0.28%.  China stocks ended lower Thursday, as investors are still cautious on a bleak trade outlook globally that could slow […]

Wednesday’s World Markets Outlook: Asia-Pacific

Australian shares ended lower in lite trade Wednesday as investors took profits after 2 sessions of sharp gainers, with banking stocks dominating the losses. The S&P/ASX 200 index closed 0.42% lower to 5,384.6 pts, having gained more than 3% in the past 2 sessions as the country eased coronavirus restrictions. New Zealand’s benchmark S&P/NZX 50 […]

Tuesday’s World Markets Outlook: Asia-Pacific

Hong Kong shares Tuesday recouped some of the prior session’s sharp losses, tracking gains in broader Asia, as countries laid out plans to ease coronavirus-induced restrictions. The Hang Seng index rose 0.5% to 23,742.13 pts, having lost more than 4% Monday as US-China tensions simmer. The Hang Seng China Enterprises index gained 0.4% Tuesday. The […]

Australian Dollar: USD/AUD (AUD=X) set to edge lower

Australian Dollar: USD/AUD (AUD=X) set to edge lower

Australian Dollar: USD/AUD (AUD=X) set to edge lower The Australian dollar significantly rallied a bit during the week, breaking above the 0.65 level before selling off towards the end of the same week. Ultimately, this is a market that I think could continue to see a lot of noise, especially in this area as it is a […]

Friday’s World Markets Outlook: Asia-Pacific

Australian shares fell 5% Friday, their most in 5 wks, as risk sentiment was battered by threats of new tariffs from US President Trump Vs China. President Trump made clear his concerns about China’s role in the origin and spread of the coronavirus were taking priority over efforts to build on an initial trade agreement. […]

Thursday’s World Markets Outlook: Asia-Pacific

China stocks rallied Thursday to post their biggest monthly advance since December, after positive trial results for a drug to treat COVID-19 and downbeat data reinforced hopes of further stimulus to bolster the world’s 2nd-largest economy. The blue-chip CSI300 index ended up 1.2% at 3,912.58, while the Shanghai Composite Index closed 1.3% higher at 2,860.08. […]

Tuesday’s World Markets Outlook: Asia-Pacific

 Australian shares finished lower Tuesday after the Treasury said it was not working on any new stimulus packages at the moment, while the country readied to relax some restrictions amid a decline in coronavirus cases. The S&P/ASX 200 index ended 0.2% lower to 5313.1 at the close. The benchmark rose 1.5% Monday. New Zealand’s benchmark […]

Monday’s World Markets Outlook: Asia-Pacific

MSCI’s broadest index of Asia-Pacific shares sans Japan rose 0.1% in early trade, while Japan’s Nikkei gained 1.1% ahead of an earnings heavy week. Philippine shares fell Monday following a warning that the coronavirus pandemic will likely send the economy into its first annual contraction in more than two decades this year, while financials helped […]

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns

Australia: S&P/ASX 200 (.AXJO) gains ahead as US rallies, states ease lockdowns Australian shares are set to open higher as markets calmed after a wild week. ASX futures were up 82 points or 1.6 per cent to 5298. The Australian dollar was up 0.2 per cent to 63.85 US cents. Shayne Heffernan Trade Idea March […]

“For every coin we mint, be it gold or silver, we could probably sell 5 or 6 of them,” the Perth Mint

“For every coin we mint, be it gold or silver, we could probably sell 5 or 6 of them,” the Perth Mint

$GLD $XAU $SLV $XAG $USD Australia’s largest gold refinery has ramped up production of 1 kilogram bars to ease the supply squeeze in the US that helped propel a surge in the premium for New York futures. The collapse in air travel that’s grounded passenger jets used to transport gold products and virus-related disruptions to some […]

Friday’s World Markets Outlook: Asia-Pacific

Australian shares ended higher on Friday, but reported its first weekly loss this month, with investors now eyeing corporate results that are set to reflect the economic damage from the coronavirus pandemic. The benchmark S&P/ASX 200 index closed 0.5% higher at 5,242.6. On the week, it shed 4.5%. New Zealand’s benchmark S&P/NZX 50 index fell […]

Thursday’s World Markets Outlook: Asia-Pacific

Chinese stocks ended off Thursday, as mounting economic uncertainty sparked by the coronavirus pandemic kept share prices capped, stopping investors from chasing the rebound from the prior session. The Shanghai Composite index closed 0.2% lower to 2,838.50. The blue-chip CSI300 index ended down 0.3%, with its financial sector sub-index down 0.3%, the consumer staples sector […]

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic

Australia: S&P/ASX 200 (.AXJO) Australia Optimistic The last 24 hours has featured a sea of red ink right across global market over night and Australia hasn’t avoided the carnage with the S&P/ASX 200 (ASX:XJO) plunging 2.5% or 132 points to close at 5221 points today. Shayne Heffernan Trade Idea “The bright spot is that people […]

Tuesday’s World Markets Outlook: Asia-Pacific

Japanese shares fell Tuesday with energy-related companies taking the brunt of a collapse in Crude Oil prices, while the virus pandemic curbed any risk appetite ahead of corporate earnings. The Nikkei share average fell 1.97% to 19,280.78, slipping further from Friday’s near 6-wk high at 19,922. The broader Topix lost 1.15% to 1,415.89. China and […]

Australia: S&P/ASX 200 (.AXJO) Extending Losses as Virgin Australia enters voluntary administration

Australia: S&P/ASX 200 (.AXJO) Extending Losses as Virgin Australia enters voluntary administration

Australia: S&P/ASX 200 (.AXJO) Extending Losses as Virgin Australia enters voluntary administration The Australian stock market is extending losses on Tuesday from the previous session following the weak cues overnight from Wall Street after crude oil futures turned negative for the first time ever. Investor sentiment was further dampened as Australia’s second biggest airline Virgin […]

Monday’s World Markets Outlook: Asia-Pacific

SKorean shares rose Monday as relaxation of some social distancing rules fuelled optimism about the reopening of the broader economy, with China’s interest rate cut adding to the sentiment. The Korean Won weakened, while the benchmark bond yield was up. The Seoul stock market’s main KOSPI rose 4.44 pts, or 0.23%, at 1,918.07 as of […]

Australia: S&P/ASX 200 (.AXJO) All Hinges on Virus News

Australia: S&P/ASX 200 (.AXJO) All Hinges on Virus News

Australia: S&P/ASX 200 (.AXJO) All Hinges on Virus News The Australian share market has begun its week moderately lower. The Shayne Heffernan Idea We have several different types of policies all bundled together, and we’re going to be looking for insights as to which of these policies are working and which ones to reinforce. “The […]

Australia: S&P/ASX 200 (.AXJO) slides again as economic reality sets in

Australia: S&P/ASX 200 (.AXJO) slides again as economic reality sets in

Australia: S&P/ASX 200 (.AXJO) slides again as economic reality sets in Australian shares are set to open lower as Wall Street struggled in the wake of fresh record unemployment in the US and another push from Donald Trump to reopen the economy early despite the advice of health experts. ASX futures were down 72 points […]

Thursday’s World Markets Outlook: Asia-Pacific

Japanese shares Thursday tracked overnight losses on the Wall Street, as economic damage from COVID-19 weighed on investor sentiment, with banks and automakers leading the declines. The benchmark Nikkei average ended 1.3% lower at 19,290.20. The Nikkei’s volatility index, a measure of investors’ volatility expectations based on option pricing and considered to be a fear […]

Australia: S&P/ASX 200 (.AXJO) plunges 2% ahead of March jobs data

Australia: S&P/ASX 200 (.AXJO) plunges 2% ahead of March jobs data

Australia: S&P/ASX 200 (.AXJO) plunges 2% ahead of March jobs data Australian shares have recorded sharp early losses as global equities sour and a likely bleak unemployment figure looms. The S&P/ASX200 benchmark index was down 101.7 points, or 1.86 per cent, at 5365.0 points after 30 minutes of trade on Thursday, ahead of a widely […]

Wednesday’s World Markets Outlook: Asia-Pacific

Australia’s main stock index fell Wednesday as prospects of a deep global recession and its impact on the demand for crude oil hammered energy stocks and offset better-than-expected trade data from China, the country’s biggest trading partner. The benchmark S&P/ASX 200 index fell 0.3% by 0039 GMT, with a 3.4% drop in energy stocks weighing […]

Australia: S&P/ASX 200 (.AXJO) shares fall as recession worries deepen, oil stocks weigh

Australia: S&P/ASX 200 (.AXJO) shares fall as recession worries deepen, oil stocks weigh

Australia: S&P/ASX 200 (.AXJO) shares fall as recession worries deepen, oil stocks weigh Australia’s main stock index fell on Wednesday as prospects of a deep global recession and its impact on the demand for crude oil hammered energy stocks and offset better-than-expected trade data from China, the country’s biggest trading partner. The benchmark S&P/ASX 200 […]

Tuesday’s World Markets Outlook: Asia-Pacific

China and Hong Kong stocks gained Tuesday, after the world’s 2nd-largest economy posted better-than-expected trade data despite the coronavirus outbreak. China’s exports fell 6.6% in March from a year earlier, while imports shrank 0.9%, a better-than-expected outcome as factories restarted production, though the global coronavirus health crisis looks set to keep trade under pressure over […]

Australia: S&P/ASX 200 (.AXJO) slips as market struggles to ‘find confidence’ amid coronavirus

Australia: S&P/ASX 200 (.AXJO) slips as market struggles to ‘find confidence’ amid coronavirus

Australia: S&P/ASX 200 (.AXJO) slips as market struggles to ‘find confidence’ amid coronavirus Australian shares have experienced a lacklustre start to the day, its first session back from the Easter long weekend. The ASX 200 index had fallen by 0.4 per cent to 5,365 points by 10:25am AEST. Many of the best-performing stocks were gold […]

Thursday’s World Markets Outlook: Asia-Pacific

Most Southeast Asian stock markets rose Thursday, tracking an upbeat session on Wall Street, as hopes for the coronavirus outbreak nearing its peak rose, while expectations of a cut in oil output pushed the energy-heavy Thai index higher Australian shares rose more than 2% on Thursday, tracking gains on Wall Street as hopes that the […]

Australia: S&P/ASX 200 (.AXJO) tipped to follow Wall St higher

Australia: S&P/ASX 200 (.AXJO) tipped to follow Wall St higher

Australia: S&P/ASX 200 (.AXJO) tipped to follow Wall St higher The Australian sharemarket is set for an early rise after US stocks were buoyed by hopes the coronavirus outbreak has reached a peak. The SPI200 futures contract was up 70 points, or 1.35 per cent, at 5,248.0 points at 0800 AEST on Thursday, suggesting local […]

Wednesday’s World Markets: Asia Pacific

Japan’s Nikkei share average rose 0.47% at 19,039.91 while the broader Topix gained 0.59% at 1,411.44, extending the rally into its 3rd day. Australian shares dropped more than 2% Wednesday, as concerns of a massive economic slump due to the coronavirus pandemic coupled with an outlook downgrade on the local economy and banking sector drove […]

Australia: S&P/ASX 200 (.AXJO) to rise on encouraging COVID-19 trend

Australia: S&P/ASX 200 (.AXJO) to rise on encouraging COVID-19 trend

Australia: S&P/ASX 200 (.AXJO) to rise on encouraging COVID-19 trend The Australian sharemarket is tipped to continue its strong start to the week after global equities were encouraged by early signs the coronavirus death toll is slowing. The SPI200 futures contract was up 124 points, or 2.35 per cent, at 5,397.0 points at 0800 AEST […]

Tuesday’s World Markets: Asia-Pacific

Most Southeast Asian stock markets tracked Wall Street and Asian equities higher Tuesday, with Thailand rising the most, although gains were capped following a spike in infections due to the coronavirus in the region. Australian shares rose Tuesday as reports of slowing fatalities from the coronavirus outbreak raised optimism that the fight against the disease […]

Australia: S&P/ASX 200 (.AXJO) set to rise but economists remain wary

Australia: S&P/ASX 200 (.AXJO) set to rise but economists remain wary

Australia: S&P/ASX 200 (.AXJO) set to rise but economists remain wary The Australian share market is tipped to rise but economists remain wary of the coronavirus volatility that ensured global equities ended the week on a sour note. Wall Street’s main indexes fell more than 1.5 per cent on Friday after US employment showed a […]

Monday’s World Markets Outlook: Asia- Pacific

The S&P/ASX 200 index was up 4.3% at 5,286.80 at the close of trade, after the benchmark closed 1.7% down Friday. Southeast Asian stock markets are higher Monday, tracking global equities that gained due to a slowdown in coronavirus-related deaths and new infections. Major European nations reported lower virus death rates, with Italy seeing the […]

How COVID-19 is impacting the Australia: S&P/ASX 200 (.AXJO)

How COVID-19 is impacting the Australia: S&P/ASX 200 (.AXJO)

How COVID-19 is impacting the Australia: S&P/ASX 200 (.AXJO) COVID-19 hit equity markets around the world swiftly and sharply. Equities, as is often the case in crises, have been characterised by exceptionally high levels of volatility, as increased weightings in illiquid assets have forced many investors to liquidate where they can rather than where is […]

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