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CMC Markets - Latest News [Page 1]
Auckland University Students Win 2024 CMC Markets Trading Challenge With TopStrategies
Wednesday, 3 July 2024, 8:02 pm | CMC Markets
This year 68 students from across New Zealand competed in the contest, where participants are given an account with thousands of dollars in virtual money and two weeks to maximise their returns. Those who earn the highest return on investments (ROI) are ... More >>
CMC Markets Partners With KiwiHarvest To Feed More Kiwis Amidst Rising Cost Of Living
Monday, 17 April 2023, 10:48 am | CMC Markets
Leading online trading platform, CMC Markets New Zealand, is proud to announce a new three-year partnership with KiwiHarvest, the country’s largest food rescue charity, to support their mission of addressing Aotearoa’s urgent hunger and food ... More >>
CMC Markets Extends Partnership With Variety To Help Kiwi Kids Thrive Amidst Rising Cost Of Living
Thursday, 8 December 2022, 9:54 am | CMC Markets
Leading online trading platform, CMC Markets New Zealand, is proud to announce its 16th year supporting Variety – the Children’s Charity, as a sponsor of Variety’s Individual Grants programme. After being involved in multiple initiatives, such as ... More >>
Canterbury Students Win 2022 CMC Markets University Trading Challenge With Top Strategies
Wednesday, 9 November 2022, 5:49 pm | CMC Markets
The 2022 University of Canterbury Trading Challenge, hosted by CMC Markets in association with the UC Investment Society, has concluded with three stellar young traders coming out on top. This year over 100 students competed in the contest, and those who earned ... More >>
CMC Markets To Continue Backing The Blues For Three More Incredible Years
Monday, 29 August 2022, 9:50 am | CMC Markets
Online trading provider, CMC Markets, is pleased to announce it will continue supporting the Blues for the next three years, backing them as a major partner for the upcoming seasons. This follows a successful two-year sponsorship which saw CMC Markets proudly ... More >>
New Zealand Dollar Faces Pressure As Inflation Rises
Saturday, 12 February 2022, 12:31 am | CMC Markets
The Reserve Bank of New Zealand expects annual inflation to hit 4.4% by March 2022, a fresh 31-year high. The latest survey shows the forecast to be well above the Reserve Bank’s target of between 1% and 3%. In the last quarter, NZ CPI soared to a 30-year ... More >>
New Zealand’s Fourth Quarter CPI Highest In 30 Years
Thursday, 27 January 2022, 8:11 pm | CMC Markets
By Tina Teng, Markets Analyst, CMC Markets APAC & Canada New Zealand’s fourth quarter CPI printed at 1.4% quarterly, and 5.9% annually, the highest in 30 years and well above the New Zealand Reserve Bank’s target rate between 1-3%. The ... More >>
CMC Markets Trading Challenge Brings Together Young Investors From All Over The Country
Monday, 24 May 2021, 11:14 am | CMC Markets
The eleventh annual CMC Markets University of Auckland Trading Challenge has come to a close, with third-year Commerce and Science student, Karl Peng securing first place from among a field of more than 150 teams. The annual competition, hosted in ... More >>
CMC Markets Partners With The Blues
Tuesday, 9 February 2021, 1:36 pm | CMC Markets
Online trading provider, CMC Markets, is delighted to announce its support of The Blues, signing on as a new major partner for the 2021 and 2022 Sky Super Rugby seasons. The two-year sponsorship sees CMC Markets join the Blues family as its official online ... More >>
China Data Rattles Cages
Tuesday, 2 February 2021, 7:02 am | CMC Markets
Data released in China yesterday could add to investor concerns evidenced by a sell down of stocks on Friday night. Bond markets also came under pressure. Currency markets remained calm, but gold edged higher and crude oil slid in signs of deteriorating ... More >>
Records Ahead Of Reports, Fed Decision
Monday, 25 January 2021, 4:19 pm | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) US stocks set new record highs before slipping into the red in Friday night trading. Currencies and bonds steadied, but industrial commodities slid. In what may be the most influential ... More >>
Vaccine Roll Out, Brexit Talks Extended
Monday, 14 December 2020, 12:03 pm | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) Pfizer and partners will begin distributing their Covid-19 vaccine in the US this week. The company believes that 80% of US citizens could be vaccinated by the middle of ... More >>
Higher Volatility Expected
Monday, 26 October 2020, 4:58 pm | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) Asia Pacific trading is off to a steady start this morning ahead of a week filled with data releases, a European Central Bank policy meeting, and the final run up to US ... More >>
Canterbury Students Rally On COVID-19 Market Volatility In CMC Markets University Trading Challenge
Wednesday, 16 September 2020, 9:34 am | CMC Markets
The CMC Markets University of Canterbury Trading Challenge has come to a close with third-year Finance, Strategy & Entrepreneurship student, Connor Rogers, winning the top prize with a 152.48 percent return on investment (ROI). Hosted in association ... More >>
Students Experience COVID-19 Market Volatility In 10th Annual CMC Markets Trading Challenge
Monday, 14 September 2020, 9:58 am | CMC Markets
The CMC Markets University of Auckland Trading Challenge has concluded, with second-year duo Connie Zhang and David Jiang winning the top spot from among a field of more than 140 teams. Hosted in association with the University of Auckland’s Management ... More >>
CMC Markets And Variety Mark 14 Years Of Partnership With Gold Heart Scholarship Recipient
Thursday, 28 May 2020, 1:33 pm | CMC Markets
Leading online trading platform, CMC Markets New Zealand (CMC), is proud to celebrate its 14th year supporting Variety – the Children’s Charity, with the announcement of the 2020 Variety Gold Heart Scholarship recipients. More >>
Positive Start To Huge Week
Monday, 27 April 2020, 12:13 pm | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) Asia Pacific markets are set for a growth positive start to trading after a rally in US shares and modest pressure on safe haven assets on Friday night. However a the market ... More >>
RBNZ, Fed Make Emergency Cuts
Monday, 16 March 2020, 11:44 am | CMC Markets
The Reserve Bank of New Zealand and the Federal Reserve both cut interest rates to near zero in unusual inter-meeting moves this morning. The Fed also announced a new $700 billion in securities purchases to provide additional liquidity, and arrangements ... More >>
Numbers, China stimulus lift risk appetites
Thursday, 6 February 2020, 1:09 pm | CMC Markets
Shares and important industrial commodities rose in overnight trading as services PMIs showed economic expansion in major economies. German, French and British stock markets are within a few percent of all-time highs, and the US S&P 500 and Nasdaq ... More >>
Another trade deal spurs markets
Friday, 17 January 2020, 1:16 pm | CMC Markets
The US Senate passed legislation enabling a new North American trade deal overnight. This further clearing of the trade clouds fogging the global economy saw investors push US indices to new heights, and lifted the US dollar. Benign German inflation ... More >>
