CMC Markets - Latest News [Page 16]
Australia: Miners under attack
Thursday, 14 March 2013, 4:45 pm | CMC Markets
Our market has come under increasing pressure with our miners seemingly under attack today, despite the US markets’ spectacular jump in retail sales while hitting its ninth consecutive day gain in a row. More >>
Local market posts early gains despite lack of direction
Thursday, 14 March 2013, 12:38 pm | CMC Markets
Local market posts early gains despite lack of direction from US By Miguel Audencial (Sales Trader, CMC Markets) More >>
Buying enthusiasm in need of a top up
Wednesday, 13 March 2013, 6:38 pm | CMC Markets
Financial markets may have enjoyed a dream run so far this year, however buying enthusiasm may soon be in need of a ‘top up’. More >>
NZD flat ahead of RBNZ decision tomorrow
Wednesday, 13 March 2013, 11:44 am | CMC Markets
The NZD/USD cross has stayed remarkably supported through late 2012 levels of 82c for the majority of this year, retracing the 0.8534 highs experienced mid February as continual risk pulled the Kiwi to the upside. However, as the long awaited return ... More >>
Business confidence down putting pressure on local market
Tuesday, 12 March 2013, 5:31 pm | CMC Markets
Despite the S&P500 escalating to its seventh winning day in a row our market has come under pressure from the latest NAB business confidence and conditions reads. More >>
Firm tone likely for today’s market
Tuesday, 12 March 2013, 11:57 am | CMC Markets
The performance of US markets which managed to grind higher, led by financial stocks in the absence of significant news may be a guide to local investors today. More >>
Delayed push higher as traders assess weekend data
Monday, 11 March 2013, 5:24 pm | CMC Markets
There was a delayed push higher by the ASX200 today with the Australian market looking unconvincing in the early stages before posting gains of a more solid nature in afternoon trade. More >>
Subdued China Data Flattens Local Market
Monday, 11 March 2013, 3:45 pm | CMC Markets
Subdued economic data from China over the weekend has sapped some of the US-inspired enthusiasm in the Australian market in early trade. More >>
US and Chinese data imposes compromise on investor attitudes
Monday, 11 March 2013, 12:10 pm | CMC Markets
US and Chinese data imposes compromise on investor attitudes By Ric Spooner (Chief Market Analyst, CMC Markets) More >>
Chinese data catches market off guard
Friday, 8 March 2013, 6:56 pm | CMC Markets
Chinese Trade Balance data caught the market a little off guard today, with the surprising surplus garnering enough positive investor reaction to offset the decline in Chinese import numbers. More >>
Market Flat Despite Positive Leads
Friday, 8 March 2013, 2:31 pm | CMC Markets
The All Ords has retreated to trading flat this morning, despite positive global sentiment providing direction for the local market in early trade. More >>
Market expected to post modest gains
Thursday, 7 March 2013, 11:51 am | CMC Markets
The Australian equities market is expected to post modest gains despite the Dow Jones Industrial Average Index grabbing headlines by reaching all-time highs. More >>
Asian markets revel in historic Wall Street session
Wednesday, 6 March 2013, 5:29 pm | CMC Markets
The Australian Dollar continues to mount a recovery effort receiving further leg-up from the latest GDP data. While the GDP figures were not exactly outstanding, equally they were not reflective of an economy in desperate need of further rate cuts and ... More >>
Return to risk-on
Wednesday, 6 March 2013, 2:49 pm | CMC Markets
The Australian market is trading higher this morning, following a record breaking day in the US and a return to 'risk-on' sentiment. The Dow ascended to its highest ever close (14,255.84 points) after the release of better than expected ISM Non-Manufacturing ... More >>
The New Zealand Dollar - What a difference a day makes
Wednesday, 6 March 2013, 11:18 am | CMC Markets
The New Zealand Dollar - What a difference a day makes By Andrew May (Sales Trader, CMC Markets New Zealand) More >>
Dollar Rallies Following Rates Decision
Wednesday, 6 March 2013, 10:40 am | CMC Markets
As expected the RBA has decided to keep rates at 3%. While the decision came as no surprise the accompanying policy statement was what the market really wanted to pick apart. More >>
China’s market to determine how local market finishes
Tuesday, 5 March 2013, 11:57 am | CMC Markets
US stock markets and most major commodities were prepared to look through the news of moves to tighten China’s property market that led to yesterday’s sell off here. Our market will take its early lead from this resilience. We are likely to ... More >>
Shanghai drop amplifies falls elsewhere
Monday, 4 March 2013, 5:16 pm | CMC Markets
With this week’s global economic calendar looking stacked with potentially market-moving events, investors across Asia were largely exhibiting caution rather than optimism to kick things off today. However, the mind-set of negativity was not uniform across ... More >>
Weak start as overseas data disappoints
Monday, 4 March 2013, 1:35 pm | CMC Markets
Mixed data from China, Europe and the US has seen a cautious start in early trade on the Australian Market this morning. The miners are taking the brunt of the pain as the market appears to be swayed more by the weak Chinese PMI data and poor employment ... More >>
Market to remain in wait and see mode
Monday, 4 March 2013, 12:22 pm | CMC Markets
Market to remain in wait and see mode By Ric Spooner (Chief Market Analyst, CMC Markets) More >>