CMC Markets - Latest News [Page 19]
Australian market set to creep higher today
Tuesday, 18 December 2012, 11:46 am | CMC Markets
Although there was little news to change the market outlook last night, local investors are likely to respond to the positive tone set by US markets. In the current low interest rate environment and with many investors still underweight equities, buyers ... More >>
Fiscal Cliff Waiting Game Continues
Monday, 17 December 2012, 5:23 pm | CMC Markets
Investors continue to grow more cautious by the day as the waiting game continues to see which political party will ‘blink’ first in Washington. In the meantime, the as-yet unresolved fiscal cliff will impose a dampening effect on any market reaction ... More >>
Downward Movement Likely To Be Limited In Quiet Trading
Monday, 17 December 2012, 12:09 pm | CMC Markets
While US markets closed weaker on Friday, the Australian market is unlikely to lose much ground in early trading this morning. The recent sharp rally in China’s stock market, Friday’s lift in iron ore prices, and the prospect of more economic stimulus ... More >>
Fiscal cliff anxiety ratchets up
Friday, 14 December 2012, 7:32 pm | CMC Markets
As each day comes and goes without a deal struck in Washington, investor anxiety over a potential fiscal freefall ratchets up a few extra notches. More >>
Overseas data provides pockets of optimism
Wednesday, 12 December 2012, 6:04 pm | CMC Markets
Within the past week, financial markets have been served a dose of optimism from three key parts of the globe. US, Chinese and now European economic indicators have all provided pockets of optimism for investors on the approach to year-end. More >>
Kiwi at nine month highs
Wednesday, 12 December 2012, 10:57 am | CMC Markets
In a major turn of events the NZD/USD cross has defied the 'bears' in a last ditch effort to retest February highs of over 84c. Breaking 0.8360 resistance in overnight trade we're currently sitting at 0.8395 and are witnessing the clear entrenchment ... More >>
Commodities rise ahead of Wednesday FOMC meeting
Tuesday, 11 December 2012, 6:54 pm | CMC Markets
Neither renewed concerns over Italy or problematic Chinese trade data in the last few days could stop the market taking commodity prices higher. The main reason for the buying is Wednesdays FOMC meeting where traders are desperately trying to predict ... More >>
Resource sector the key today
Tuesday, 11 December 2012, 12:03 pm | CMC Markets
There is no obvious reason why today should be the day for the S&P/ASX 200 index to rally to test key technical resistance at 4582. If it is to happen resources could lead the way. More >>
Chinese data helps sustain momentum
Monday, 10 December 2012, 6:25 pm | CMC Markets
While the fiscal cliff discussions are still offering no joy for investors, better US jobs market data as well as upbeat Chinese indicators are helping to sustain the forward momentum of financial markets despite the standoff in Washington. More >>
China Data To Support Firm Tone To This Morning’s Trading
Monday, 10 December 2012, 12:30 pm | CMC Markets
China Data To Support Firm Tone To This Morning’s Trading By Ric Spooner (Chief Market Analyst, CMC Markets) More >>
AUD nestles back below 1.05 ahead of US Payrolls
Friday, 7 December 2012, 6:33 pm | CMC Markets
US Non-Farm Payrolls is normally the flagship economic release when it comes to ascertaining US economic health, however the report may not hold as much weight as usual given that a low result will likely be attributed to Hurricane Sandy. As such, if we do ... More >>
Modest gains following mixed leads from US
Thursday, 6 December 2012, 1:46 pm | CMC Markets
The Australian share market had modest gains to start the session today with mixed leads from US economic data and the stalemate on fiscal cliff negotiations. The market is likely to swing between small gains and losses for today’s session unless the ... More >>
Strong NZD ahead of final 2012 RBNZ meeting
Wednesday, 5 December 2012, 11:13 am | CMC Markets
Strong NZD ahead of final 2012 RBNZ meeting By Andrew May (Sales Trader, CMC Markets New Zealand) More >>
Cautious tone expected leading into RBA decision
Tuesday, 4 December 2012, 12:30 pm | CMC Markets
The unexpected sub 50 read on the US manufacturing index is likely to set a softer tone in early trade today as investors wait on the outcome of the RBA meeting. More >>
Chinese data sustains the mood of financial markets
Monday, 3 December 2012, 9:00 pm | CMC Markets
In the absence of progression on the US budget talks, it was left to some rosier-looking Chinese data to sustain the mood of financial markets. PMI data coming in at a seven-month high on the weekend helped Asian markets get off to a decent start to the new trading ... More >>
Rally Leaves Market Vulnerable To Big Data Week
Monday, 3 December 2012, 12:33 pm | CMC Markets
Rally Leaves Market Vulnerable To Big Data Week By Ric Spooner (Chief Market Analyst, CMC Markets) More >>
Market shows signs of life
Thursday, 29 November 2012, 6:00 pm | CMC Markets
The Aussie market has shown signs of life today following indications of a US political compromise, and Australian capital expenditure data, which has increased the chances of a December interest rate cut. More >>
Investors Confused By Fiscal Cliff Negotiations
Thursday, 29 November 2012, 2:25 pm | CMC Markets
The Australian equities market opened the trading day relatively flat today as investors remained confused about US fiscal cliff negotiations. Higher than expected Australian new home sales and private capital expenditure figures may give traders a reason ... More >>
Lack of Fiscal Cliff progression douses market enthusiasm
Wednesday, 28 November 2012, 5:46 pm | CMC Markets
The market relief over a debt deal for Greece lasted about 5 minutes before investor attention changed course towards the as-yet unresolved Fiscal Cliff. The rhetoric emanating from Washington in recent days has not exactly filled traders with an abundance ... More >>
Greece deal brings confidence back to markets
Tuesday, 27 November 2012, 5:21 pm | CMC Markets
Despite a tepid start to the day the market has rallied higher in light volume as we saw Euro Finance ministers reach a deal to provide Greece with debt relief. More >>