CMC Markets - Latest News [Page 11]
Asian markets move ahead in leaps and bounds
Friday, 28 June 2013, 6:36 pm | CMC Markets
The mood of financial markets has been more settled in recent days, with investors cheering both good and bad data from the US. We have seen a low US GDP print evoke a positive reaction on thoughts that it will reduce the need for early QE tapering. ... More >>
Limp finish for local market despite brighter global outlook
Friday, 28 June 2013, 4:16 pm | CMC Markets
The Australian sharemarket looks set for a limp finish to the week, struggling to build on recent gains in this morning’s session despite signs that the global economic outlook is brightening. More >>
Local market looking at back-to-back gains
Thursday, 27 June 2013, 11:51 am | CMC Markets
The Australian market is likely to follow the performance of its US counterpart overnight to post back-to-back days of gains. More >>
Traditional values make a comeback
Wednesday, 26 June 2013, 1:07 pm | CMC Markets
The local sharemarket has emerged from a turbulent start to the week, with early gains in the major sectors this morning on the back of renewed growth optimism from overseas. Following the initial impulse to flee as stimulus reduction became a more ... More >>
NZDUSD trades one year low as USD shines
Wednesday, 26 June 2013, 11:12 am | CMC Markets
The stoic glimmer of attraction the Kiwi dollar has commanded over the past two years lost more of its shine last night in the face of a steadfast, true and a definite push back to US dollar bulls. The NZDUSD cross opens today at 0.7736 and continues ... More >>
Markets will remain nervous about debt in China
Monday, 24 June 2013, 12:07 pm | CMC Markets
Investors are likely to start the new week cautiously as they gauge ongoing reaction to last week’s Fed announcement and concerns over the credit situation in China. More >>
Market to open lower following Fed comments
Thursday, 20 June 2013, 12:02 pm | CMC Markets
The Australian equities market is expected to open significantly lower today after the US Fed announced that it may put the brakes on its current quantitative easing program as early as the latter part of this year. The weaker Australian dollar, which ... More >>
NZD walks the tightrope between GDP & FOMC
Wednesday, 19 June 2013, 11:12 am | CMC Markets
The stage and backdrop is set. Markets, currency traders and investors alike are all waiting on the conclusion tomorrow of perhaps the most eagerly anticipated FOMC meeting for some time. The balance therein for the New Zealand dollar and its potential ... More >>
Australian market defies the US lead again
Tuesday, 18 June 2013, 3:00 pm | CMC Markets
The Australian market this morning continued the pattern of recent days where it has moved in the opposite direction to US markets. This independent movement in the S&P/ASX 200 index has largely reflected action in local high yielding stocks like ... More >>
Market down ahead of central bank releases
Monday, 17 June 2013, 2:22 pm | CMC Markets
The Australian market is trading slightly lower at midday, following Wall Street’s fade on Friday night. It seems investors are exercising caution ahead of Wednesday’s Federal Reserve policy board meeting. More >>
Local market and AUD track US higher
Friday, 14 June 2013, 2:22 pm | CMC Markets
The Australian market is experiencing some welcome relief this morning, following the solid gains posted in the US overnight. Wall Street rallied after the release of better than expected retail sales and unemployment figures. This data brightened ... More >>
Another day in the red for local market
Thursday, 13 June 2013, 11:46 am | CMC Markets
The Australian equities market is poised to experience another day in the red after disappointing sessions overnight from its US and European counterparts. More >>
S&P/ASX 200 At 200 Day Moving Average Support
Tuesday, 11 June 2013, 4:03 pm | CMC Markets
S&P/ASX 200 At 200 Day Moving Average Support As Investors Contemplate Moderate Growth Outlook More >>
Asian markets lower ahead of US employment yardstick
Friday, 7 June 2013, 5:49 pm | CMC Markets
With the most important yardstick of US economic health due on deck, Asian markets appeared less than optimistic on Friday with recent US indicators doing little to boost hopes for a bumper jobs report. Traders were far more inclined to position ... More >>
Bears dominate US session overnight
Thursday, 6 June 2013, 11:57 am | CMC Markets
The Australian equities market is poised to display weakness at the open after the bears dominated the US equities session overnight. More >>
Little Joy On Asian Markets Ahead of US Employment Data
Wednesday, 5 June 2013, 5:17 pm | CMC Markets
There was little joy on the Australian market today with a negative offshore lead combined with underwhelming domestic GDP contributing to send the ASX200 sharply lower. A negative performance from commodity prices overnight did little to help ... More >>
Kiwi and Aussie tandem ride against Greenback
Wednesday, 5 June 2013, 11:14 am | CMC Markets
The commodity driven currencies such as the Kiwi, Aussie and the Loonie have on the whole been heavily yo-yo'ing against the Greenback in the build up to key US jobs data late this week as traders weigh up elaborate positioning of risk averseness. More >>
RBA rate cut would see yield stocks return to favour
Tuesday, 4 June 2013, 3:06 pm | CMC Markets
In what has been common behaviour for the Australian stock market recently, resource stocks have moved in the opposite direction to “defensive, dividend yield stocks”. In today’s case investors have been switching out of yield stocks and into the ... More >>
Chinese indicators unconvincing at best
Monday, 3 June 2013, 5:18 pm | CMC Markets
Trading decisions in financial markets continue to be made with one eye on the Fed which is why this week is shaping as particularly important given the jam packed economic calendar we have in store. With key readings on the US labour market due ... More >>
Banks Up, Miners Down
Monday, 3 June 2013, 5:03 pm | CMC Markets
The Australian market is slightly softer in morning trade, as investors contemplate weak offshore leads. More >>