CMC Markets - Latest News [Page 17]
Market Uninspired By Local Data
Friday, 1 March 2013, 2:01 pm | CMC Markets
The local market is considerably softer this morning, after a weaker lead from the US overnight, and the release of some uninspiring local economic data. More >>
Local market supported by offshore strength
Thursday, 28 February 2013, 5:40 pm | CMC Markets
Our local market has been supported by overnight strength in European and US markets which were buoyed by the possibility of a government being formed in Italy and further confirmation of the US housing led recovery. More >>
Local Market Follows Strong US Leads With Early Gains
Wednesday, 27 February 2013, 2:28 pm | CMC Markets
Local Market Follows Strong US Leads With Early Gains By Niall King (Sales Trader, CMC Markets) More >>
European markets sees risk unwound
Wednesday, 27 February 2013, 11:09 am | CMC Markets
The New Zealand dollar truly has a fight on its hands to keep its head above the 82c mark after falling nearly 120 points since Monday's open, currently trading at 0.8250. More >>
Market nerves to be tested today
Tuesday, 26 February 2013, 11:39 am | CMC Markets
At this stage, the first of this week’s major risk events looks like a clear negative for investors. The rally in share markets in recent months has been mainly about investor preparedness to pay more for stocks given perceptions of a lower global ... More >>
Bright Start Following International Leads
Tuesday, 26 February 2013, 10:29 am | CMC Markets
In a week where events overseas are likely to impact local sentiment, the Australian market has started brightly with early gains this morning, following Friday's lead from international peers. More >>
Chinese data dampens Aussie dollar
Monday, 25 February 2013, 6:42 pm | CMC Markets
There is no shortage of key events to guide financial market sentiment this week, with the upcoming Bernanke testimony before congress sure to garner plenty of attention from the international investment community to say the least. The stance taken by ... More >>
Potential for more volatility
Monday, 25 February 2013, 12:35 pm | CMC Markets
The rally in the Australian market since last November has been remarkable for its orderly progression and low volatility. However, investors are starting the new week conscious of the increasing risks that this behaviour pattern may change. Last Thursday’s ... More >>
Governor’s speech settles the mood
Friday, 22 February 2013, 6:01 pm | CMC Markets
With the FOMC playing the role of the Fun Police this week by contemplating stimulus withdrawal, financial markets have shown their petulant side after a period of prolonged best behaviour so far in 2013. More >>
Market Comforted By Stevens’ Comments
Friday, 22 February 2013, 3:10 pm | CMC Markets
The Australian market has shrugged off Thursday's dramatic pull-back and opened strongly after receiving what has been viewed as reassuring comments about global economic conditions from RBA Governor Glenn Stevens in Canberra this morning. More >>
Local Markets Feel Effects of FOMC Minutes
Thursday, 21 February 2013, 2:38 pm | CMC Markets
The Australian equities market is feeling the effects of the FOMC minutes, which showed the different views of members on the continuation of the $85 billion a month bond buying program. More >>
Market Continues March Towards 5100
Wednesday, 20 February 2013, 1:59 pm | CMC Markets
In early trade, the Australian Market has followed the overnight performance of its international peers by continuing an unrelenting march upwards towards the 5100 point mark. Toll holdings has been this mornings stand-out performer, up 5%, following ... More >>
GBPNZD toys with 55p
Wednesday, 20 February 2013, 11:25 am | CMC Markets
The New Zealand dollar continues to outshine its peers pushing US 0.85 and a 30-year-post-float high against the Pound Sterling. The Kiwi has eyed 0.55 with a tenacious fortitude and in all likelihood looks set to cross this level comfortably. More >>
Financials lead the way in afternoon trade
Tuesday, 19 February 2013, 12:41 pm | CMC Markets
Profit reports will dominate trading in a significant number of stocks today. However, macro traders will be looking for early signs of whether today will be yet another in which investors push the market higher in the relentless pursuit of banks and ... More >>
Market up on solid earnings
Monday, 18 February 2013, 2:30 pm | CMC Markets
The Australian market is up in early trading, again driven by a raft of solid local earnings results. Bluescope Steel is leading the way, up 12.73%. Although it posted a $12 million loss, the result reflects a significant turnaround for the steel manufacturer, ... More >>
Investors watch their backs as share market rally continues
Monday, 18 February 2013, 12:03 pm | CMC Markets
Australian investors head into a new week with markets in a familiar mode for 2013. More >>
Kiwi fares well in global currency wars
Wednesday, 13 February 2013, 11:03 am | CMC Markets
As the G7 summit rambles into motion this week, the universal concern will be devaluing currencies (the yen in particular) and how best to jump start their economies out of deflationary cycles without severely overvaluing cross pairs of majors and minors. More >>
Weaker dollar may soften impact of lower gold price
Tuesday, 12 February 2013, 11:45 am | CMC Markets
Gold miners may be a feature of an otherwise quiet Australian market today. Gold traders and investors were unsettled by the size of gold’s fall on a quiet news session in international markets. More >>
Australian sharemarket just going through the motions
Monday, 11 February 2013, 5:35 pm | CMC Markets
Growing anticipation that the market is due a correction of sorts may apply the brakes to the performance of risk assets this week. While trade balance data from China last week was enough to keep markets feeling content with the state of play, ... More >>
Tug of war between nervous traders and investors
Monday, 11 February 2013, 12:18 pm | CMC Markets
Tug of war between nervous traders and investors rotating out of cash continues By Ric Spooner (Chief Market Analyst, CMC Markets) More >>