Australian Stock Market Report This is the Australian stock market closing report for Tuesday, 24 May 2016 In overnight sessions the US major averages were flat to slightly lower as investors continued to focus on the hawkish commentary from the FOMC. Commodities experienced modest losses and cruel extended its losses for the second [...]
Australian Stock Market Report This is the Australian stock market closing report for Monday, 23 May 2016 In Friday night’s US trading session the greenback was slightly stronger, base metals ended flat and crude oil was down half a percent. This created negative leads for the Australian market in Monday's trading with the ASX 200 [...]
U.S. Weekly Market Wrap This is the US weekly market wrap for the week ending Friday, 20 May 2016 The major averages ended the week on a relatively flat note with the tech heavy NASDAQ composite, thanks to Berkshire Hathaway, outperforming to close the week higher by 1.1% The S&P 500 closed out the week [...]
Australian Stock Market Report This is the Australian stock market closing report for Friday, 20 May 2016 In overnight sessions the US major averages closed lower with the Dow Jones off 91 points. However the US energy and materials sectors closed marginally positive ignoring the weaker base metal prices The uncorrelated leads suggested a mixed [...]
Australian Stock Market Report This is the Australian stock market closing report for Thursday, 19 May 2016 In the overnight session The US major averages were mixed with the Dow Jones and the S&P 500 closing flat. The minutes from the April FOMC meeting were released indicating a possible interest rate rise at the upcoming [...]
Australian Stock Market Report This is the Australian stock market closing report for Wednesday the 18th of May 2016 In overnight news the US major averages fell greater than 1% with the Dow Jones lower 180 points after the month-over-month consumer price index came in hotter than expected creating concerns that the FED could use [...]
Australian Stock Market Report This is the Australian stock market closing report for Tuesday, 17 May 2016 With the US dollar testing an area of resistance and slightly softer, and commodities rallying overnight. Resulted in significant moves with in the Australian commodity related sectors and stocks. However the strength from the commodity related sectors was [...]
Australian Stock Market Report This is the Australian stock market closing report for Monday, 16th May 2016 Despite negative leads from the US major averages and lower commodity prices the ASX 200 started the week on an upbeat note closing higher 0.6% or 30 points to 5359 The daily trading range was 52 points with [...]
Australian Stock Market Report This is the Australian stock market closing report for Friday, 13 May 2016 There were few leads for the ASX in the overnight session with the US major averages closing flat. The US dollar strengthened by half a percent which pressured commodities, however crude oil was able to buck the trend [...]
Australian Stock Market Report This is the Australian stock market closing report for Thursday, 12 May 2016 In overnight sessions the weekly EIA petroleum status data showed a draw on crude oil inventories of negative 3.4 million barrels when a surplus of 0.71 million was forecast. This created an initial 5% spike higher in oil [...]