CMC Markets - Latest News [Page 2]
Market muddle on trade deal
Thursday, 16 January 2020, 12:14 pm | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) China and the USA signed a phase-one trade deal overnight. The details reveal this is more of a cease-fire agreement than a resolution, and attention turns immediately to the ... More >>
Imminent trade deal lifts sentiment
Tuesday, 14 January 2020, 12:18 pm | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) Investor sentiment lifted again overnight ahead of the signing of the first phase of a new trade agreement between China and the US on Wednesday. Details of intended US concessions ... More >>
Sell the trade fact
Monday, 13 January 2020, 12:47 pm | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) After popping champagne corks near all-time highs last week Asia Pacific investors are bracing for a sell down today. Steady currency and industrial commodity markets could ... More >>
Markets surge on jobs, trade
Monday, 9 December 2019, 11:47 am | CMC Markets
Investors chased growth exposures on Friday night. Better than expected US non-farm payrolls, weaker China trade numbers and surprise oil production cuts from Saudi Arabia combined to lift shares and industrial commodities. Currencies held steady, ... More >>
CMC Markets partners with racing prodigy
Friday, 6 December 2019, 10:51 am | CMC Markets
Leading online trading platform, CMC Markets, is delighted to announce it is sponsoring 18-year-old motorsport racing prodigy Peter Vodanovich once again, as he participates in the 2019-20 Toyota 86 Championship. More >>
Caution as trade hopes ebb
Monday, 25 November 2019, 11:33 am | CMC Markets
European and US markets traded cautiously on Friday night despite positive trade comments from both Washington and Beijing. The S&P 500 index closed 6 points higher, although it was down 10 points over the week. However crude oil fell and ... More >>
The Artful Trader podcast
Monday, 4 November 2019, 12:05 pm | CMC Markets
Leading global financial services provider, CMC Markets, has launched the third season of its innovative podcast series, The Artful Trader, with a theme of “Confidence Uncovered”. More >>
Positive start to a busy week
Monday, 28 October 2019, 12:12 pm | CMC Markets
Market indications of further gains for risk assets today could be tempered by a jam-packed calendar this week. More >>
CMC Markets University of Canterbury Trading Challenge
Wednesday, 2 October 2019, 2:04 pm | CMC Markets
The second annual CMC Markets’ University of Canterbury (UC) Trading Challenge has come to a close, with third-year Computer Engineering student, Harry Dobbs, taking out the top spot with a 280.81 percent return on investment (ROI). More >>
Dollar sinks, futures diverge ahead of China data
Monday, 15 July 2019, 11:33 am | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) A softening US dollar helped US indices to new records on Friday night. However Asia Pacific futures markets failed to respond to the positive leads, and are flagging a negative ... More >>
A weak end to a week month
Monday, 3 June 2019, 11:41 am | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking) Crude oil plummeted and European and US shares fell on Friday night as markets factored the escalation of the US trade conflict with Mexico. Bond yields continued to tumble ... More >>
CMC Markets University of Auckland Trading Challenge
Wednesday, 29 May 2019, 11:15 am | CMC Markets
The ninth annual CMC Markets University of Auckland Trading Challenge has come to a close, with third-year students James Lilley and Ben Julian securing first place from among a field of more than 160 teams. More >>
Data and doves
Friday, 22 March 2019, 11:49 am | CMC Markets
Stronger European and US data complemented confirmed Federal Reserve dovishness to drive assets higher in overnight trading. A modest lift in the US dollar saw most commodities retreat from recent highs. There was a distinct contrast between continental ... More >>
Storm warning
Tuesday, 12 February 2019, 11:11 am | CMC Markets
Cautious trading is likely to continue today as dark clouds form on the market horizon. Looming deadlines on China / US trade, Brexit and US / Mexico border wall negotiations all represent market threats. Overnight trading could be politely described as mixed, ... More >>
Geopolitical concerns
Tuesday, 20 November 2018, 1:44 pm | CMC Markets
Asia Pacific stocks are under pressure this morning after US equities closed lower overnight. Trade tensions and geopolitical factors continue to weigh on investor thinking. Gold prices edged higher and the Japanese Yen strengthened, suggesting ... More >>
Brexit, trade and data stir markets
Thursday, 15 November 2018, 12:06 pm | CMC Markets
A series of geopolitical headlines stirred the global financial markets overnight and boosted market volatility. The British Pound saw greater volatility after reports that the UK Prime Minister received agreement from her cabinet on a draft Brexit ... More >>
Trading Challenge puts a spotlight on young trader talent
Wednesday, 24 October 2018, 11:54 am | CMC Markets
CMC Markets’ inaugural University of Canterbury (UoC) Trading Challenge has come to an end, with third-year Finance and Economics student Kyle Louis taking out the top spot ahead of more than 100 other participants. More >>
Earnings and Macro
Monday, 22 October 2018, 12:26 pm | CMC Markets
Market sentiments could face a bigger challenge this week. Major macros data around the globe is absent until Wednesday. The US 10 year bond yield is edging closer to 3.2%. Investor buying could be limited by a higher borrowing cost and less stimulative ... More >>
CMC Markets partners with University of Canterbury
Thursday, 27 September 2018, 4:07 pm | CMC Markets
Leading online trading platform, CMC Markets, has launched its first annual University of Canterbury (UoC) Trading Challenge, giving students the unique opportunity to gain risk-free, first-hand experience in real market trading. More >>
Expanding Investor Confidence
Thursday, 7 June 2018, 11:50 am | CMC Markets
Overnight market action suggests investor confidence is growing. The European Central Bank’s chief economist said withdrawal of accommodation was a live issue at next week’s meeting. The Euro surged and European bonds sold off. However stocks on ... More >>