CMC Markets - Latest News [Page 1]

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 >>

Market muddle on trade deal

Thursday, 16 January 2020, 12:14 pm | CMC Markets

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) China and the USA signed a phase-one trade deal overnight. The details reveal this is more of a cease-fire agreement than a resolution, and attention turns immediately to the ... More >>

Imminent trade deal lifts sentiment

Tuesday, 14 January 2020, 12:18 pm | CMC Markets

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) Investor sentiment lifted again overnight ahead of the signing of the first phase of a new trade agreement between China and the US on Wednesday. Details of intended US concessions ... More >>

Sell the trade fact

Monday, 13 January 2020, 12:47 pm | CMC Markets

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) After popping champagne corks near all-time highs last week Asia Pacific investors are bracing for a sell down today. Steady currency and industrial commodity markets could ... More >>

Markets surge on jobs, trade

Monday, 9 December 2019, 11:47 am | CMC Markets

Investors chased growth exposures on Friday night. Better than expected US non-farm payrolls, weaker China trade numbers and surprise oil production cuts from Saudi Arabia combined to lift shares and industrial commodities. Currencies held steady, ... More >>

CMC Markets partners with racing prodigy

Friday, 6 December 2019, 10:51 am | CMC Markets

Leading online trading platform, CMC Markets, is delighted to announce it is sponsoring 18-year-old motorsport racing prodigy Peter Vodanovich once again, as he participates in the 2019-20 Toyota 86 Championship. More >>

Caution as trade hopes ebb

Monday, 25 November 2019, 11:33 am | CMC Markets

European and US markets traded cautiously on Friday night despite positive trade comments from both Washington and Beijing. The S&P 500 index closed 6 points higher, although it was down 10 points over the week. However crude oil fell and ... More >>

The Artful Trader podcast

Monday, 4 November 2019, 12:05 pm | CMC Markets

Leading global financial services provider, CMC Markets, has launched the third season of its innovative podcast series, The Artful Trader, with a theme of “Confidence Uncovered”. More >>

Positive start to a busy week

Monday, 28 October 2019, 12:12 pm | CMC Markets

Market indications of further gains for risk assets today could be tempered by a jam-packed calendar this week. More >>

CMC Markets University of Canterbury Trading Challenge

Wednesday, 2 October 2019, 2:04 pm | CMC Markets

The second annual CMC Markets’ University of Canterbury (UC) Trading Challenge has come to a close, with third-year Computer Engineering student, Harry Dobbs, taking out the top spot with a 280.81 percent return on investment (ROI). More >>

Dollar sinks, futures diverge ahead of China data

Monday, 15 July 2019, 11:33 am | CMC Markets

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) A softening US dollar helped US indices to new records on Friday night. However Asia Pacific futures markets failed to respond to the positive leads, and are flagging a negative ... More >>

A weak end to a week month

Monday, 3 June 2019, 11:41 am | CMC Markets

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) Crude oil plummeted and European and US shares fell on Friday night as markets factored the escalation of the US trade conflict with Mexico. Bond yields continued to tumble ... More >>

CMC Markets University of Auckland Trading Challenge

Wednesday, 29 May 2019, 11:15 am | CMC Markets

The ninth annual CMC Markets University of Auckland Trading Challenge has come to a close, with third-year students James Lilley and Ben Julian securing first place from among a field of more than 160 teams. More >>

Data and doves

Friday, 22 March 2019, 11:49 am | CMC Markets

Stronger European and US data complemented confirmed Federal Reserve dovishness to drive assets higher in overnight trading. A modest lift in the US dollar saw most commodities retreat from recent highs. There was a distinct contrast between continental ... More >>

Storm warning

Tuesday, 12 February 2019, 11:11 am | CMC Markets

Cautious trading is likely to continue today as dark clouds form on the market horizon. Looming deadlines on China / US trade, Brexit and US / Mexico border wall negotiations all represent market threats. Overnight trading could be politely described as mixed, ... More >>

Geopolitical concerns

Tuesday, 20 November 2018, 1:44 pm | CMC Markets

Asia Pacific stocks are under pressure this morning after US equities closed lower overnight. Trade tensions and geopolitical factors continue to weigh on investor thinking. Gold prices edged higher and the Japanese Yen strengthened, suggesting ... More >>

Brexit, trade and data stir markets

Thursday, 15 November 2018, 12:06 pm | CMC Markets

A series of geopolitical headlines stirred the global financial markets overnight and boosted market volatility. The British Pound saw greater volatility after reports that the UK Prime Minister received agreement from her cabinet on a draft Brexit ... More >>

Trading Challenge puts a spotlight on young trader talent

Wednesday, 24 October 2018, 11:54 am | CMC Markets

CMC Markets’ inaugural University of Canterbury (UoC) Trading Challenge has come to an end, with third-year Finance and Economics student Kyle Louis taking out the top spot ahead of more than 100 other participants. More >>



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