Australia: S&P/ASX 200 (.AXJO) banking sector continues to drive this positivity

Australia: S&P/ASX 200 (.AXJO) banking sector continues to drive this positivity

Australia: S&P/ASX 200 (.AXJO) banking sector continues to drive this positivity After rising 1.74% on May 20 on the back of a surprise election victory for the incumbent, Scott Morrison, Australia’s S&P/ASX 200 gained again on May 21. The index fell in early trading but maintained a positive trajectory thereafter. With markets anticipating a rate […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Up, Crude Oil Up, Stocks Up Notes: President Trump Monday threatened Iran with “great force” if it attacked US interests in the Middle East. This came after a rocket attack in Iraq’s capital Baghdad, which Washington suspects to have been organized by militia with […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Unch, USD Up, Crude Oil Up, Stocks Up Notes: United Arab Emirates (UAE) Energy Minister Suhail al-Mazrouei earlier told reporters that producers were capable of filling any market gap and that relaxing supply cuts was not “the right decision.” President Trump Tweeted that a conflict […]

Australia: S&P/ASX 200 (.AXJO) Banking sector continues to weaken as New Zealand bites ANZ

Australia: S&P/ASX 200 (.AXJO) Banking sector continues to weaken as New Zealand bites ANZ

Australia: S&P/ASX 200 (.AXJO) Banking sector continues to weaken as New Zealand bites ANZ One was a continued weakness in the banking sector, particularly after the Reserve Bank of New Zealand (RBNZ) came down particularly hard on ANZ (ASX: ANZ) for not complying correctly with reserve capital requirements. Under the New Zealand – and Australian […]

Australia: S&P/ASX 200 (.AXJO) recovering from early weakness

Australia: S&P/ASX 200 (.AXJO) recovering from early weakness

Australia: S&P/ASX 200 (.AXJO) recovering from early weakness The Australian share market has recovered from early weakness to finish higher, with every sector rising except banking as Westpac traded ex-dividend. The benchmark S&P/ASX200 index hit its highest level in the final minutes of trade to close up 43.6 points, or 0.69 per cent, to 6,327.8 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Flat, USD Flat, Crude Oil Up, Stocks Mixed Notes: Long term prospects for EUR are not bright, given the region’s soft economic fundamentals. But the news on the auto tariff delay is helping the single currency establish support at $1.1200 Growth in China’s industrial output slowed […]

Australia: S&P/ASX 200 (.AXJO) upbeat comments from US President Donald Trump soothed investors’ nerves

Australia: S&P/ASX 200 (.AXJO) upbeat comments from US President Donald Trump soothed investors’ nerves

Australia: S&P/ASX 200 (.AXJO) upbeat comments from US President Donald Trump soothed investors’ nerves Australian shares rebounded firmly on Wednesday, recovering almost all their losses from the previous session, as upbeat comments from US President Donald Trump soothed investors’ nerves. The S&P/ASX 200 Index rose 44.3 points, or 0.7 per cent, to 6284.2 while the broader […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Steady, Crude Oil Off, Stocks Up Notes: The FX (foreign exchange) market showed little reaction to worse-than-expected growth in Chinese industrial output and retail sales for April that underlined the need for Beijing to roll out more stimulus measures to support the world’s 2nd-largest […]

Australia: S&P/ASX 200 (.AXJO) plummeted after renewed concerns about US-Chinese trade tensions

Australia: S&P/ASX 200 (.AXJO) plummeted after renewed concerns about US-Chinese trade tensions

Australia: S&P/ASX 200 (.AXJO) plummeted after renewed concerns about US-Chinese trade tensions The Australian share market has plummeted after renewed concerns about US-Chinese trade tensions led to large losses on Wall Street overnight. The benchmark S&P/ASX200 index was down 57.7 points, or 0.92 per cent, to 6,239.9 points at 1615 AEST on Tuesday, while the […]

Australia: S&P/ASX 200 (.AXJO) banks went ex-dividend and housing finance approvals came in weaker than expected

Australia: S&P/ASX 200 (.AXJO) banks went ex-dividend and housing finance approvals came in weaker than expected

Australia: S&P/ASX 200 (.AXJO) banks went ex-dividend and housing finance approvals came in weaker than expected The Australian share market has closed lower, pulled down by the financial sector as two banks went ex-dividend and housing finance approvals came in weaker than expected. The benchmark S&P/ASX200 index finished down 13.3 points, or 0.21 per cent, […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

2$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Off, USD Flat, Crude Oil Mixed, Stocks Down Notes: President Trump increased pressure on China to reach a trade deal, as he hiked US tariffs on $200-B worth of Chinese goods, and now targets $325-B more. The UAE said Sunday that 4 commercial vessels were […]

Australia: S&P/ASX 200 (.AXJO) poised to start Monday trade on a positive note

Australia: S&P/ASX 200 (.AXJO) poised to start Monday trade on a positive note

Australia: S&P/ASX 200 (.AXJO) poised to start Monday trade on a positive note The sharemarket is poised to start Monday trade on a positive note ahead of what is likely to be a volatile week dominated by the renewed US-China trade skirmish and the release of key unemployment data. Futures markets suggest the benchmark S&P/ASX […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Firm, USD Down, Crude Oil Steady, Stocks Mixed Notes: President Trump has increased pressure on China to reach a trade deal, as he hiked US tariffs on $200-B worth of Chinese goods 12:01a Friday, and targets $325-B more.. China Vice Premier Liu He is in […]

Australia: S&P/ASX 200 (.AXJO) poised to open lower

Australia: S&P/ASX 200 (.AXJO) poised to open lower

Australia: S&P/ASX 200 (.AXJO) poised to open lower Australian shares are poised to open lower, dragged down by Wall Street with attention focussed on the US-China trade talks in Washington. For local investors, the focus is on the RBA which will release its Statement on Monetary Policy at 11.30am AEST, in which it is expected […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USD, $USO, $OIL, $WEAT, $CORN, $SOY FLASH: Gold Steady, USD Down, Crude Oil Down, Stocks Down Notes: And again, President Trump has increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods tat 12:01a Friday, and targets $325-B more.. China wants the tariffs […]

Australia: S&P/ASX 200 (.AXJO) President Donald Trump’s tariff hikes looms

Australia: S&P/ASX 200 (.AXJO) President Donald Trump’s tariff hikes looms

Australia: S&P/ASX 200 (.AXJO) President Donald Trump’s tariff hikes looms Australian shares fell to a two-week low on Wednesday after sentiment surrounding US-China trade negotiations swung suddenly from positive to negative in Northern Hemisphere trading. The S&P/ASX 200 Index slid 26.6 points, or 0.4 per cent, to 6269.1 while the broader All Ordinaries fell 31.7 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

FLASH: Gold Firmed, USD Off, Crude Oil Up, Stocks Down Notes: Again, President Trump has increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods tat 12:01a this Friday, and targets $325-B more.. China wants the tariffs to be lifted, while President Trump wants to […]

Australia: S&P/ASX 200 (.AXJO) poised to drop at the open, as selling accelerated on Wall Street

Australia: S&P/ASX 200 (.AXJO) poised to drop at the open, as selling accelerated on Wall Street

Australia: S&P/ASX 200 (.AXJO) poised to drop at the open, as selling accelerated on Wall Street Australian shares are poised to drop at the open, as selling accelerated on Wall Street ahead of trade talks between the US and China later this week. ASX futures were 58 points or 0.9 per cent lower at about […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Flat, Crude Oil Off, Stocks Up Notes: President Trump Sunday increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods tat 12:01a this Friday, and targets $325-B more.. China wants the tariffs to be lifted, while President Trump wants to keep […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Flat, Crude Oil Off, Stocks Down Notes: President Trump Sunday increased pressure on China to reach a trade deal, saying he will hike US tariffs on $200-B worth of Chinese goods this Friday, and targets $325-B more soon. The President’s aggressive strategy drew bi-partisan support from US Senate Democratic leader […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Off, Stocks Flat (May Day Holiday) Notes: Investors await US employment figures due later today, which is forecast to show 185,000 net new jobs were added in April and the unemployment rate steady at 3.8% Reflecting investor sentiment in gold, holdings of SPDR Gold Trust, the world’s largest […]

Australia: S&P/ASX 200 (.AXJO) expected to open lower

Australia: S&P/ASX 200 (.AXJO) expected to open lower

Australia: S&P/ASX 200 (.AXJO) expected to open lower The Australian share market opened lower following mixed leads from Wall Street and is now tracking 0.6 per cent lower at noon. Woolworths (ASX:WOW) shares saw a rise throughout the morning as they reported saw food sales improve in its third quarter by 4.2 per cent. AMP (ASX:AMP) shares have […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Off, USD Up, Crude Oil Off, Stocks Flat (May Day Holiday) Note: USD consolidated in Asia Thursday after recovering from a brief spill overnight when markets were whipsawed by mixed messages on policy from the Fed. There was little immediate reaction to a report the United States and China were nearing a trade […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Off, USD Down, Crude Oil Off, Stocks Flat (May Day Holiday) Note: China and the United States began their latest talks in Beijing on Wednesday aimed at ending a bitter trade dispute, after US Treasury Secretary Steven Mnuchin said he had a “nice” working dinner the night before with China Vice Premier […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Down, Stocks Down Note: The quiet start to the week in global equity markets comes ahead of a 2-day meeting of the policy-setting FOMC. The committee is set to release its latest statement at 2:00p EDT (1800 GMT) Wednesday. We have now turned from sentiment where this […]

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

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

Australia: S&P/ASX 200 (.AXJO) shares dip Australian shares pulled back from a more than 11-year high on Monday, as a slump in oil prices weighed on energy stocks and investors remained cautious ahead of bank earnings later this week. The S&P/ASX 200 index dropped 0.3 percent, or 21.4 points, to 6,364.2 by 0059 GMT and […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Off, Stocks Up Note: We have now turned from sentiment where this stock rally was 1 where professionals did not take part in, to a fast paced entry where hedge funds and investors are chasing markets they have been betting against. While the strong US GDP data […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Up, Crude Oil Off, Stocks Down Notes: China, the world’s biggest buyer of Iranian oil, this week formally complained to the United States over its unilateral Iran sanctions. Crude Oil output in the United States, which turned into the world’s Top producer last year, last week edged back to its […]

Australia: S&P/ASX 200 (.AXJO) two rate cuts in 2019

Australia: S&P/ASX 200 (.AXJO) two rate cuts in 2019

Australia: S&P/ASX 200 (.AXJO) two rate cuts in 2019 These latest developments have led to analysts from Australia’s major banks upgrading their rate cut expectations. “The downward surprise to core inflation in the first quarter leaves the RBA with little choice but to cut the cash rate by 25 basis points at its May meeting,” […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Higher, USD Up, Crude Oil Mixed, Stocks Down Notes: Crude Oil output in the United States, which turned into the world’s Top producer last year, last week edged back to its record high at 12.2-M BPD, while net imports rose 900,000 BPD, EIA data showed. German business morale deteriorated in April, bucking […]

Australia: S&P/ASX 200 (.AXJO) hit their highest level in 11 years

Australia: S&P/ASX 200 (.AXJO) hit their highest level in 11 years

Australia: S&P/ASX 200 (.AXJO) hit their highest level in 11 years Shares may have hit their highest level in 11 years but analysts say the rally, which has seen the benchmark S&P/ASX 200 index rocket 16 per cent from its December lows, may have more legs. The S&P/ASX 200 rose 62.7 points, or 1 per […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Lower, USD Up, Crude Oil Down, Stocks Down Notes: The International Energy Agency (IEA), a watchdog for Crude Oil consuming countries, said in a statement Tuesday that markets are “adequately supplied” and that “global spare production capacity remains at comfortable levels.” US Secretary of State Mike Pompeo announced “that as of May 2, […]

Australia: S&P/ASX 200 (.AXJO) best session since 7 February

Australia: S&P/ASX 200 (.AXJO) best session since 7 February

Australia: S&P/ASX 200 (.AXJO) best session since 7 February The market closed 0.9 per cent higher at 6319 today, a rise of nearly 60 points. It is the best session since 7 February and puts the index within spitting distance of a fresh ten-year high. The last ten-year high was 6352 in August 2018. Altogether 157 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Lower, USD Up, Crude Oil Up, Stocks Higher Notes: US Secretary of State Mike Pompeo announced “that as of May 2, the State Department will no longer grant sanctions waivers to any country that is currently importing Iranian Crude or condensate.” US Treasury Secretary Steve Mnuchin told reporters trade negotiations between the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Down Notes: Following the Good Friday holiday, markets in Britain, Germany and France will remain closed for Easter Monday, while those in the United States will reopen. Brent and US Crude futures surged to 6-month highs on reports that US Secretary of State Mike Pompeo […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Up, Crude Oil Up, Stocks Up Notes: US Crude Oil inventories fell by 3.1-M bbls in the week ended 12 April to 452.7-M, compared with analysts’ expectations for an increase of 1.7-M bbl, according to data from the American Petroleum Institute (API) released Tuesday. The Organization of the Petroleum Exporting […]

Australia: S&P/ASX 200 (.AXJO) failing to push on past its previous significant high

Australia: S&P/ASX 200 (.AXJO) failing to push on past its previous significant high

Australia: S&P/ASX 200 (.AXJO) failing to push on past its previous significant high ASX bulls will probably still have cause to hope as long as the current broad range holds up through earnings season. However, a break through it will put focus on deeper falls, perhaps toward the 6064.7 mark. That is still only be […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Up Notes: The Organization of the Petroleum Exporting Countries and its allies including Russia, known as OPEC+, will meet in June to decide whether to continue withholding supply. That comes after they previously agreed to crimp output by 1.2-M BPD from 1 January for 6 months. […]

Australia: S&P/ASX 200 (.AXJO) unable to join in with a pan-Asia rally as gold miners weighed and several fund managers lost ground

Australia: S&P/ASX 200 (.AXJO) unable to join in with a pan-Asia rally as gold miners weighed and several fund managers lost ground

Australia: S&P/ASX 200 (.AXJO) unable to join in with a pan-Asia rally as gold miners weighed and several fund managers lost ground Australian shares steadied at the start of a holiday-shortened week, with the benchmark unable to join in with a pan-Asia rally as gold miners weighed and several fund managers lost ground. The S&P/ASX […]

Australian Dollar: USD/AUD (AUD=X) market continues to look bullish

Australian Dollar: USD/AUD (AUD=X) market continues to look bullish

Australian Dollar: USD/AUD (AUD=X) market continues to look bullish The Australian dollar did very little during the day on Monday, but that’s not a huge surprise considering how bullish the move on Friday was. Overall, the market continues to look bullish in general, but we should also keep in mind that there are external factors […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Eased, Crude Oil Down, Stocks Up Note: Again this week the world’s investors are focused on big bank earnings. Among positive catalysts in the market are a better-than- expected credit and export growth figures from China, a positive kick-off to the earnings season in the United States and hopes of […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Flat, USD Down, Crude Oil Up, Stocks Down Note: This week the world’s investors are focused on big bank earnings. Comments from Fed Vice Chairman Richard Clarida that the U.S. economy is in a “good place” but reemphasizing the Fed’s patience on rate hikes, also helped to reassure investors Thursday ahead of […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Eased Note: This week the world’s investors are focused on geopolitical events and big bank earnings. President Trump threatened to impose tariffs on $11-B worth of European Union products, heightening tensions over a long-running transatlantic Airbus subsidy dispute. European Union leaders gave Britain six more months to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Firm,Stocks Eased Note: This week the world’s investors are focused on geopolitical events and big bank earnings, as the S&P 500 ends 8 day rally with a Fibo recap. Investors will also focus on a European Central Bank (ECB) meeting Wednesday. President Donald Trump threatened to impose […]

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

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

Australia: S&P/ASX 200 (.AXJO) very volatile Extending overnight gains, the Australian dollar rose US0.4¢ to US71.30¢ after the rise in mortgage financing delayed expectations for a domestic rate cut ,while government 10-year bond yields rose 2.6 points to 1.90 per cent. Keeping bullish sentiment in check, “very volatile” business business lending slumped 11.4 per cent […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Up Note: This week the world’s investors are focused on geopolitical events and big bank earnings as the S&P 500 continues to drive North Eastern forces Monday were advancing on the Libyan capital Tripoli in the latest of a cycle of warfare since Muammar Gaddafi’s fall in […]

Australia: S&P/ASX 200 (.AXJO) advances following a strong session on Wall Street on Friday

Australia: S&P/ASX 200 (.AXJO) advances following a strong session on Wall Street on Friday

Australia: S&P/ASX 200 (.AXJO) advances following a strong session on Wall Street on Friday Australian shares rebounded from a loss in the back-end of last week on Monday, following a strong session on Wall Street on Friday as stocks rose on the back of a solid US employment report. The S&P/ASX 200 Index rose 40.1 points, […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Up Note: The world’s nvestors are now focused on geopolitical events and big bank earnings. In Asia Gold: Gold prices rose to a 1-week high Monday as USD edged lower, while investors awaited minutes of the Fed’s March FOMC meeting Wednesday. Spot gold gained about 0.4% […]

Australia: S&P/ASX 200 (.AXJO) investors focusing on the upcoming election

Australia: S&P/ASX 200 (.AXJO) investors focusing on the upcoming election

Australia: S&P/ASX 200 (.AXJO) investors focusing on the upcoming election There appears to be no rational reason why the positive sentiment around the Australian stock market evaporated at the end of this week. Investors just got a bout of the yips. There was no particularly negative economic news, no big corporate disappointments – just a […]

Sell in May or stay and pray?

Sell in May or stay and pray?

According to the popular but pithy market aphorism, share market investors should “sell in May and go away” to avoid a seasonal downturn. Ah, if only it were that easy! The Gregorian calendar may tick over reliably, but many market watchers now believe the adage is a less than reliable indicator of market performance. The […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Down, Crude Oil Down, Stocks Steady Note: Investors are now awaiting the US jobs numbers for more signals on the strength of the economy. Reuters reported Saudi Arabia is threatening to sell its Crude Oil in currencies other than USDs if Washington passes a bill exposing OPEC members to US […]

Australia: S&P/ASX 200 (.AXJO) poised to dip at open

Australia: S&P/ASX 200 (.AXJO) poised to dip at open

Australia: S&P/ASX 200 (.AXJO) poised to dip at open Shares in Asia were mixed on Thursday as investors watched ongoing negotiations between the U.S. and China, with the two economic powerhouses reportedly closer to striking a deal to end a protracted trade dispute. Mainland Chinese markets closed higher, with the Shanghai composite adding 0.94% to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Mixed, Stocks Up Note: The Chinese RMB Yuan will hold its recent gains Vs USD, and likely make a move forward from current marks over the coming year, as optimism about a US-China trade deal offsets anxiety over weak domestic economic growth, a Reuters poll showed. In Asia […]

Australia: S&P/ASX 200 (.AXJO) climbed for a seventh straight session

Australia: S&P/ASX 200 (.AXJO) climbed for a seventh straight session

Australia: S&P/ASX 200 (.AXJO) climbed for a seventh straight session S&P/ASX 200 has climbed for a seventh straight session on easing global growth concerns, closing 42.6 points or 0.68% higher at 6285 points. Recent economic data from China and the US have seen better than expected results while US-China trade tensions are easing and moving […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Down, Crude Oil Up, Stocks Up Note:  3 of 8 countries granted waivers by Washington to import Crude Oil from Iran have cut the imports to Zero, the improved global market conditions would help reduce Iranian exports further. UK  Prime Minister Theresa May said Tuesday she would seek another BREXIT […]

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair

Australian Dollar: USD/AUD (AUD=X) we continue to see a lot of noise in this pair The Australian dollar fell significantly during the trading session on Tuesday, as we continue to reach down towards the 0.7050 level. Underneath there, the 0.70 level is the beginning of massive support that should continue to have a major influence on […]

Australia: S&P/ASX 200 (.AXJO) rallied on the back of positive data from the world’s two largest economies

Australia: S&P/ASX 200 (.AXJO) rallied on the back of positive data from the world’s two largest economies

Australia: S&P/ASX 200 (.AXJO) rallied on the back of positive data from the world’s two largest economies Australian shares have moved higher for a sixth straight day, as markets around the world rallied on the back of positive data from the world’s two largest economies. The benchmark S&P/ASX200 index ended up 25.4 points, or 0.41 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Up Note: China’s PMI number was the most significant monthly increase since Y 2012, which should ease concerns around a potential threat to Crude Oil demand. In Asia Gold: Gold prices declined to a more than 3-week lows Tuesday as waning global economic slowdown concerns lifted […]

Australia: S&P/ASX 200 (.AXJO) shares advanced as solid economic data from China temporarily allayed fears of a global economic slowdown

Australia: S&P/ASX 200 (.AXJO) shares advanced  as solid economic data from China temporarily allayed fears of a global economic slowdown

Australia: S&P/ASX 200 (.AXJO) shares advanced as solid economic data from China temporarily allayed fears of a global economic slowdown Overall, the bias in prices is: Upwards. The projected upper bound is: 6,317.44. The projected lower bound is: 6,130.05. The projected closing price is: 6,223.75. Candlesticks A white body occurred (because prices closed higher than […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Down, Crude Oil Up, Stocks Up Note: USD off 0.1% Vs Key rivals, after hitting its highest since 11 March Friday, while Asian stocks rallied as positive Chinese factory data and signs of progress in US-China trade talks supported sentiment. In Asia Gold: Gold prices up Monday as USD backed off […]

Australia: S&P/ASX 200 (.AXJO) Investors are questioning whether markets can move higher

Australia: S&P/ASX 200 (.AXJO) Investors are questioning whether markets can move higher

Australia: S&P/ASX 200 (.AXJO) Investors are questioning whether markets can move higher A dovish turn from the world’s central banks helped stockmarkets to huge gains in the first quarter of the year and the Australian market is set to extend that advance at the start of a week where the federal budget will take centre stage. Futures […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Flat, USD Up, Crude Oil Up, Stocks Up Note: Japanese refineries have put a halt on imports of Iranian Crude Oil after buying 15.3-M bbl between January and March ahead of the expiry of a temporary waiver on US sanctions, according to industry sources and data on Refinitiv Eikon. China stock jumped Friday […]

Australia: S&P/ASX 200 (.AXJO) stocks shrugged off the warnings amid a number of economists globally dismissing the recession signal from bond markets

Australia: S&P/ASX 200 (.AXJO) stocks shrugged off the warnings amid a number of economists globally dismissing the recession signal from bond markets

Australia: S&P/ASX 200 (.AXJO) stocks shrugged off the warnings amid a number of economists globally dismissing the recession signal from bond markets A slump in government bond yields sparked a rebound from the red on the Australian sharemarket led by the major banks and high-dividend paying stocks as quarter-end window dressing got off to an […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Flat, USD Up, Crude Oil Down, Stocks Flat Note: China has made unprecedented proposals in talks with the United States on a range of issues including forced technology transfer as the 2 sides work to overcome remaining obstacles to a deal to end their trade dispute, US officials said Wednesday. In Asia Gold: […]

Australia: S&P/ASX 200 (.AXJO) expected to open slightly higher

Australia: S&P/ASX 200 (.AXJO) expected to open slightly higher

Australia: S&P/ASX 200 (.AXJO) expected to open slightly higher The ASX is set to open slightly higher but the slide in world sharemarkets deepened. Bonds rallied after traders turned their focus to the economic outlook. The $A dropped. Treasury 10-year yields fell to the lowest since December 2017, and rates on benchmark German bunds sank further […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Up, Stocks Mixed Notes: UK Prime Minister Theresa May will address Conservative Party lawmakers, possibly to set out a timetable for her departure, to win support for her 2X-rejected BREXIT deal as the Parliament prepares to vote on a variety of possible options. A senior International Monetary Fund […]

Australia: S&P/ASX 200 (.AXJO) economists and central bankers attempted to downplay the significance of a bond yields

Australia: S&P/ASX 200 (.AXJO) economists and central bankers attempted to downplay the significance of a bond yields

Australia: S&P/ASX 200 (.AXJO) economists and central bankers attempted to downplay the significance of a bond yields The Australian sharemarket managed a tentative bounce today as bulls, economists and central bankers attempted to downplay the significance of a bond yields “inverting” across developed economies and $US10 trillion of bonds trading at negative yields. The S&P-ASX […]

Australian Dollar: USD/AUD (AUD=X) 0.70 level underneath offering significant support

Australian Dollar: USD/AUD (AUD=X) 0.70 level underneath offering significant support

Australian Dollar: USD/AUD (AUD=X) 0.70 level underneath offering significant support The Australian dollar has rallied slightly during the trading session on Tuesday as we are now above the 50 day EMA. However, we have broken above that EMA more than once so I don’t think of this as a major event. This simply shows that we […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Flat, Crude Oil Up, Stocks Up Notes: Market participants are keeping a close watch on the latest round of US-China trade negotiations, scheduled to start Thursday in Beijing, and the next BREXIT vote. British lawmakers will now vote on a range of BREXIT options Wednesday, giving parliament a chance to […]

Australia: S&P/ASX 200 (.AXJO) investors fretted that the moves in the bond market signalled another brake on profits

Australia: S&P/ASX 200 (.AXJO) investors fretted that the moves in the bond market signalled another brake on profits

Australia: S&P/ASX 200 (.AXJO) investors fretted that the moves in the bond market signalled another brake on profits A record low for the Australian 10-year government bond yield prompted a sharp sell-off in Australian bank shares as investors fretted that the moves in the bond market signalled another brake on profits. Financials were the worst-performing sector in […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Flat, Crude Oil Down, Stocks Down Notes: A US trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit China on 28-29 March which will be followed by a trip by Chinese Vice Premier Liu He to Washington in early April. Concerns about a potential US […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Down, Crude Oil Down, Stocks Up Notes: EU leaders have given Prime Minister Theresa May two weeks’ reprieve, until 12 April, before Britain could lurch out of the EU if she fails to persuade lawmakers to back the withdrawal treaty she concluded with Brussels. A US trade delegation headed by […]

Australia: S&P/ASX 200 (.AXJO) back in black

Australia: S&P/ASX 200 (.AXJO) back in black

Australia: S&P/ASX 200 (.AXJO) back in black The Australian share market had another volatile day of trade, temporarily starting in the black and continuing to fall throughout the session, until after 3.30pm, when the local bourse galloped back to the black. It comes as the mining sector started to strengthen, as concerns began to ease […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Dowu, Crude Oil Up, Stocks Up Notes: The Fed held interest rates steady, shave the number of hikes projected for the rest of the year at none and release details of a plan to end the monthly reduction of its massive balance sheet in September. US Crude Oil stockpiles last […]

Australia: S&P/ASX 200 (.AXJO) trade war worries left investors trading defensively

Australia: S&P/ASX 200 (.AXJO) trade war worries left investors trading defensively

Australia: S&P/ASX 200 (.AXJO) trade war worries left investors trading defensively Australian shares closed lower on Wednesday as trade war worries left investors trading defensively. The S&P/ASX 200 Index fell 22.5 points, or 0.4 per cent, to 6165.3, while the broader All Ordinaries slid 24.8 points, or 0.4 per cent, to 6251.8. An air of […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Down, USD Up, Crude Oil Down, Stocks Up Notes: The Fed Wednesday is expected to hold interest rates steady, shave the number of hikes projected for the rest of the year to 1-2 or none, and release long-awaited details of a plan to end the monthly reduction of its massive balance sheet. […]

Australia: S&P/ASX 200 (.AXJO) shares are poised to open higher

Australia: S&P/ASX 200 (.AXJO) shares are poised to open higher

Australia: S&P/ASX 200 (.AXJO) shares are poised to open higher It was another day of erratic day of trade in and out of the red on the Australian sharemarket as investors tussled with accelerating domestic house price falls and a slightly “dovish” tilt in the Reserve Bank’s rate outlook. The news prompted a bearish “inversion” […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Off, Crude Oil Off, Stocks Steady Notes: UK PM May’s BREXIT plans were thrown into further turmoil on Monday when the speaker of Parliament ruled that she could not put her divorce deal to a new vote unless it was re-submitted in fundamentally different form. She has just 2 days […]

Australia: S&P/ASX 200 (.AXJO) Miners lead market gains in volatile day

Australia: S&P/ASX 200 (.AXJO) Miners lead market gains in volatile day

Australia: S&P/ASX 200 (.AXJO) Miners lead market gains in volatile day Australian shares opened the week’s trading higher on Monday despite dipping into the red twice through the middle of the day as the market extended volatility from last week. The Fortescue Metals Group Limited (ASX: FMG) share price has continued its stunning form and is the best […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Off, USD Off, Crude Oil Off, Stocks Up Notes: Data Friday showed US manufacturing output fell for a 2nd month running in February and factory activity in New York state hit near a 2 low this month, further evidence of a sharp slowdown in economic growth early in Q-1. In Asia Gold: Spot […]

Lucapa finds 4th +50 carat Diamond at Mothae Mine

Lucapa finds 4th +50 carat Diamond at Mothae Mine

FLASH: Australia’s Lucapa Diamond (ASX:LOM) has recovered an 83.9 carat diamond from its recently commissioned Mothae mine in Lesotho, Africa. The stone is the 4th diamond over 50 carats the company has recovered to date at its 70%-owned Mothae operation. While the find was not gem-quality, Lucapa says it continues to underline the large-stone nature of the […]

Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening

Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening

Australia: S&P/ASX 200 (.AXJO) Employment conditions weakening But jobs growth appears to be swimming against the tide and forward looking indicators are sinking. Shayne Heffernan said “Australia is overtaxed, the minimum wage is too high and the social security problem is weighing on the taxpayer, Australia has seen the dollar at overly high levels for […]

Really Good US-China Trade Deal Will See Stocks Soar

Really Good US-China Trade Deal Will See Stocks Soar

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as S&P 500 marked a fresh closing high Friday. “If that gets done, it will be something that people will be talking about […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Off, Crude Oil Firm, Stocks Up Notes: The Bank of Japan’s kept interest rates unchanged Chinese Vice Premier Liu He spoke by telephone with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer, with the 2 sides making further substantive progress on trade talks, China’s official Xinhua news […]

Australia: S&P/ASX 200 (.AXJO) unable to take a positive lead from Brexit developments, late rally

Australia: S&P/ASX 200 (.AXJO) unable to take a positive lead from Brexit developments, late rally

Australia: S&P/ASX 200 (.AXJO) unable to take a positive lead from Brexit developments, late rally Australian shares rallied late to end a four-day losing streak on Thursday as the market digested the latest Brexit vote results and Chinese economic data. The S&P/ASX 200 Index rose 18.4 points, or 0.3 per cent, to 6179.6 while the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady , USD Off, Crude Oil Higher, Stocks Flat Notes: The United States aims to cut Iran’s Crude exports by about 20% to below 1-M BPD from May by requiring importing countries to reduce purchases to avoid US sanctions, 2 sources familiar with the matter told Reuters. Both sources said they were […]

Australia: S&P/ASX 200 (.AXJO) extending a losing streak amid rising evidence of slowing global growth

Australia: S&P/ASX 200 (.AXJO) extending a losing streak amid rising evidence of slowing global growth

Australia: S&P/ASX 200 (.AXJO) extending a losing streak amid rising evidence of slowing global growth Sigma Healthcare’s decision to rebuff Priceline-owner Australian Pharmaceutical Industries’s $730 million takeover bid triggered the biggest drop on the S&P/ASX 200 Index on Wednesday. The ASX 200 closed 14 points, or 0.2 per cent, lower at 6161.2 points, extending a […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up , USD Off, Crude Oil Higher, Stocks Down Notes: Gold scaled a near 2-week high Wednesday, after reclaiming the Key $1,300 mark in the prior session, as investors opted for the safe-haven precious Yellow metal after British lawmakers rejected an amended exit deal, while a weaker uSD lent further support. Washington could […]

Australia: S&P/ASX 200 (.AXJO) took a strong lead from better-than-expected US retail sales figures

Australia: S&P/ASX 200 (.AXJO) took a strong lead from better-than-expected US retail sales figures

Australia: S&P/ASX 200 (.AXJO) took a strong lead from better-than-expected US retail sales figures Australian shares closed lower on Tuesday, despite soaring 0.7 per cent at the open, as the major banks dragged the market lower. The S&P/ASX 200 Index fell 5.4 points, or 0.1 per cent, to 6174.8 while the broader All Ordinaries slid […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up , USD Steady, Crude Oil Higher, Stocks Up Notes: European Commission head Jean-Claude Juncker agreed to additional assurances in an updated BREXIT deal with British Prime Minister Theresa May Monday, but warned UK lawmakers would not get a 3rd chance to endorse it. Washington could lift most or all of its tariffs on […]

Australia: S&P/ASX 200 (.AXJO) investors continue to reposition for slowing global growth

Australia: S&P/ASX 200 (.AXJO) investors continue to reposition for slowing global growth

Australia: S&P/ASX 200 (.AXJO) investors continue to reposition for slowing global growth Australian shares are poised to extend losses from Friday as investors continue to reposition for slowing global growth. ASX futures down 14 points. The latest trigger came from the February US jobs report; the economy there added a mere 20,000 jobs last month v expectations […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up , USD Steady, Crude Oil Higher, Stocks Up Notes: Fed Chairman Powell said Friday that the central bank will be careful not to shock financial markets as it stabilizes its bond portfolio, saying that it does not see problems in the US economy that warrant an immediate change in its policy. Washington […]

Australia: S&P/ASX 200 (.AXJO) has outperformed its global peers so far this year

Australia: S&P/ASX 200 (.AXJO) has outperformed its global peers so far this year

Australia: S&P/ASX 200 (.AXJO) has outperformed its global peers so far this year The outperformance of the Australian benchmark versus other developed markets appears to have run its course, as the prospect of interest rate cuts is overtaken by concerns around slackening earnings growth amid a global economic slowdown. Fund managers say that growth stocks […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up , USD Steady, Crude Oil Falling, Stocks Up Notes: Washington could lift most or all of its tariffs on Beijing while Presidents Trump and Xi ready to sign a final trade deal later this month and Summit at Mar a Lago. President Trump says, “All of nothing at all!” US jobs report […]

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

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

Australia: S&P/ASX 200 (.AXJO) pointing lower The Australian share market looks set to finish the week on a disappointing note. According to the latest SPI futures, the ASX 200 is poised to open the day lower by 24 points or 0.4%. This follows a weak night of trade on Wall Street. Late in the session […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady , USD Flat, Crude Oil Up, Stocks Down Notes: Investors are looking ahead to the ECB’s board meeting Thursday. The ECB is expected to pare growth forecasts and give its strongest signal yet that more stimulus is coming in the form of more cheap loans. Washington could lift most or all […]

Australia: S&P/ASX 200 (.AXJO) rose despite a poor GDP

Australia: S&P/ASX 200 (.AXJO) rose despite a poor GDP

Australia: S&P/ASX 200 (.AXJO) rose despite a poor GDP Australian shares closed at a fresh six-month high on Wednesday despite fourth quarter GDP figures coming in below market expectations. The S&P/ASX 200 Index climbed 46.3 points, or 0.8 per cent, to 6245.6 while the broader All Ordinaries advanced 45.4 points, or 0.7 per cent, to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Up, USD Firm, Crude Oil Down, Stocks Up Notes: US Secretary of State Mike Pompeo said Monday he thought the United States and China were “on the cusp” of a deal to end their trade dispute, but President Trump will reject any deal that is not perfect. The WS-J reported Washington could lift […]

Australia: S&P/ASX 200 (.AXJO) investors wait for data

Australia: S&P/ASX 200 (.AXJO) investors wait for data

Australia: S&P/ASX 200 (.AXJO) investors wait for data Australian shares rebounded from some of their lows in the morning but have still closed lower for the first time in a week. The benchmark S&P/ASX200 index closed down 18.1 points, or 0.29 per cent, to 6,199.3 points at 1615 AEDT on Tuesday, while the broader All […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT FLASH: Gold Steady, USD Firm, Crude Oil Down, Stocks Down Notes: MSCI’s ACWI,, a gauge of 47 markets in the world, has risen 16% from its near 2-year low set on 26 December low, even as the earnings outlook stagnated, driven by hopes of a dovish Fed and a compromise between Beijing and Washington on […]

1 2 3 10