CMC Markets - Latest News [Page 15]
Market feels effects of low data
Thursday, 4 April 2013, 2:22 pm | CMC Markets
The local equities market is currently feeling the effects of lower than expected employment and services PMI data from the US. Weaker commodity and crude oil prices are putting pressure on the materials and energy sector which are underperforming ... More >>
Investors exercise caution after mixed data release
Wednesday, 3 April 2013, 3:02 pm | CMC Markets
Despite positive leads offshore overnight, and the release of key local economic data mid-morning, the All Ords is yet to find direction. In the US, encouraging manufacturing data and robust results from US car makers drove equities to record highs, before ... More >>
Commodity combo pushes NZDGBP towards 56p
Wednesday, 3 April 2013, 11:23 am | CMC Markets
Commodity combo pushes NZDGBP towards 56p By Andrew May (Sales Trader, CMC Markets New Zealand) More >>
Investors Resume Yield Chase
Tuesday, 2 April 2013, 2:37 pm | CMC Markets
Investors appear to have returned from the Easter break in a mood to buy high yielding, large cap stocks. This morning’s rally has been driven by higher prices for banks and the large supermarkets, Woolworths and Wesfarmers. More >>
Investors resume yield chase
Tuesday, 2 April 2013, 2:30 pm | CMC Markets
Investors appear to have returned from the Easter break in a mood to buy high yielding, large cap stocks. This morning’s rally has been driven by higher prices for banks and the large supermarkets, Woolworths and Wesfarmers. More >>
Weak US market puts dampener on local trading
Thursday, 28 March 2013, 6:57 pm | CMC Markets
Our market has moved lower in a quiet day of trading before the Easter long weekend break. The impact of the Cyprus bailout details, US market falls and Italian election concerns have put a dampener on the last trading day in March. More >>
Local market expects weak start
Thursday, 28 March 2013, 11:52 am | CMC Markets
The Australian equity market is expected to have a weak start in today’s trading due to an uninspiring session from its US counterpart. Renewed political concerns and a weak bond auction from Italy are also likely to weigh down on the market. More >>
Local Market Opens Up Following Positive US Lead
Wednesday, 27 March 2013, 3:06 pm | CMC Markets
Local Market Opens Up Following Positive US Lead By Niall King (Sales Trader, CMC Markets) More >>
Kiwi sidesteps bailout woes
Wednesday, 27 March 2013, 11:02 am | CMC Markets
It seems there's life in the Kiwi as risk sentiment grabs the bull by the horns right before the Easter break encroaches. For the vast majority of March, and in the face of the Cypriot bailout, the NZDUSD has languished side-saddle, trading a tight 82.10–82.65 ... More >>
Dutch Finance Minister shocks markets
Tuesday, 26 March 2013, 5:10 pm | CMC Markets
The Aussie equity market has been hit with selling pressure today as risk is sold in favour of safe haven assets following overnight comments by the Dutch Finance Minister Jeroen Dijsselbloem. More >>
Markets settle back to hard slog
Tuesday, 26 March 2013, 12:09 pm | CMC Markets
The share market will be weaker this morning, despite the fact that, from the perspective of this time last week, the outcome on Cyprus’s debt bailout is a lot better than it may have been. With Cyprus out of the way as a short term issue, investors are ... More >>
Investors applaud Cyprus bailout
Monday, 25 March 2013, 5:49 pm | CMC Markets
The EU appears to have doused the flames over the Cyprus situation with investors across Asia today applauding the news that a bailout agreement has been reached. A bailout for Cyprus in some way, shape or form seems to have been the preferred ... More >>
Market strolls into positive territory
Monday, 25 March 2013, 2:24 pm | CMC Markets
As news filters through that we are close to an agreement to avoid Cypriot financial meltdown, the Australian market has grasped the lead given from international peers on Friday and strolled into positive territory in early trade. More >>
Buy the rumour, sell the fact
Monday, 25 March 2013, 11:53 am | CMC Markets
News on the Cyprus debt negotiations is likely to be the defining event for today’s trading. Markets have positioned for the likelihood that agreement will be reached on a bank restructuring package. More >>
US Fed comments give local market a head start
Thursday, 21 March 2013, 11:58 am | CMC Markets
The Australian equities market is expected to have a head start later this morning following assurances from the US Fed that the current expansionary monetary policy will continue. More >>
Market uneasy over big trouble in little Cyprus
Wednesday, 20 March 2013, 3:26 pm | CMC Markets
The All Ords is flat in morning trade as Eurozone stability concerns keep investors cautious. Overnight, the Cypriot Parliament perhaps understandably rejected the EU's proposal to introduce a levy on deposits in Cypriot banks. More >>
Local markets to adjust for yesterday’s overshoot
Tuesday, 19 March 2013, 11:37 am | CMC Markets
Local markets to adjust for yesterday’s overshoot By Ric Spooner (Chief Market Analyst, CMC Markets) More >>
Australia: Cyprus bailout threatens market momentum
Monday, 18 March 2013, 5:26 pm | CMC Markets
There is a heightened sense of anxiety among traders to start the week with the Cyprus bailout conditions posing a potential threat to market momentum. More >>
Euro jitters spur local sell-off
Monday, 18 March 2013, 1:20 pm | CMC Markets
The Paddy's Day hangover has just gotten worse for investors, with the All Ords taking a battering in morning trade amid fresh Euro zone concerns. More >>
Safety first for Australian investors
Monday, 18 March 2013, 12:53 pm | CMC Markets
Australian investors will adopt a safety first attitude to the Cyprus news until they are in a better position to assess the extent of European concerns in trading tonight. More >>