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CMC Markets - Latest News [Page 20]
Markets quiet as traders await major announcements
Tuesday, 27 November 2012, 12:06 pm | CMC Markets
The Australian market looks to be in for another quiet day’s trading with relatively flat prices. More >>
Resumption of risk appetite sends AUD higher
Tuesday, 27 November 2012, 9:04 am | CMC Markets
The rally on financial markets to end last week suggests that traders are anticipating favourable outcomes on key issues such as the Fiscal cliff and further aid for Greece. The festive mood from Thanksgiving carried over to Wall Street with the Black Friday ... More >>
Australian market in ‘drift’ mode
Friday, 23 November 2012, 5:20 pm | CMC Markets
With the latest Chinese PMI data having made for pleasant reading, most higher yielding assets were able to maintain some buying impetus despite the US holiday depriving the market of some liquidity. Most markets across Asia pushed higher on Friday, remaining ... More >>
A whirlwind of optimism
Thursday, 22 November 2012, 6:08 pm | CMC Markets
We have seen broad based gains today as a whirlwind of optimism makes its mark across every sector. We started the session with the announcement of a cease-fire in Gaza and a positive lift in US consumer sentiment. However helping to sustain and justify ... More >>
Energy sector outperforming the market
Thursday, 22 November 2012, 2:50 pm | CMC Markets
The Australian equities market is trading higher today despite the Eurozone and IMF officials failing to agree on a deal regarding the aid for Greece. The cease fire in the Gaza strip and better than expected US economic data provided optimistic news ... More >>
Market backpedals on EU news
Wednesday, 21 November 2012, 6:46 pm | CMC Markets
With several key issues remaining unresolved on the international stage, financial markets are taking on a stymied appearance. In the US, politicians are starting to say the right things but we do not appear to be on the doorstep of anything resembling ... More >>
Positive gains from overseas leads
Tuesday, 20 November 2012, 6:05 pm | CMC Markets
Our market has followed on from overseas leads posting positive gains today. The majority of the outperformance has come from the mining and energy sectors which were oversold on fiscal cliff concerns and also buoyed by US housing sentiment overnight. More >>
Rising prices attract nervous investors
Tuesday, 20 November 2012, 12:13 pm | CMC Markets
Major rallies in world equity markets last night represented one of those self-generating situations where rising prices themselves attract new buyers to the market. While there was not much news to trigger the rally, there are a lot of nervous investors ... More >>
Traders give the ‘sell’ button a rest
Monday, 19 November 2012, 6:13 pm | CMC Markets
With the rhetoric from Washington having struck a more conciliatory tone, financial markets have stabilised with traders giving the ‘sell’ button a rest at least momentarily. However, while talk that the two parties are coming closer together ... More >>
Investor Outlook Remains Unchanged
Monday, 19 November 2012, 4:18 pm | CMC Markets
By Ric Spooner (Chief Market Analyst, CMC Markets) Today’s quiet trading and minor market gain suggests that not much has happened to change investor outlook on two major risks to world growth – resolution of the US fiscal problem or the financial ... More >>
Australia: Investors flee as equities hit new lows
Thursday, 15 November 2012, 5:17 pm | CMC Markets
Markets are reflecting worse case scenarios today with investors fleeing in droves as equities hit seven week lows following falls in European and US markets overnight. More >>
Fiscal Cliff spectre remains overriding theme
Wednesday, 14 November 2012, 6:04 pm | CMC Markets
The Australian Dollar found support today via the 19 month high reading on Consumer sentiment. The AUDUSD made its way to 1.0450, with calmer conditions across Asian markets today supporting the risk-sensitive Aussie. Today’s Consumer sentiment ... More >>
Risk appetite battles market stability
Wednesday, 14 November 2012, 10:56 am | CMC Markets
It has been a choppy night's trading range for the Kiwi US cross between 0.8156 and 82c. Markets have bounced continuously with the DOW closing 58.9 points -0.46% lower to 12,756.18. The US session has been dragged down by financial and tech heavy magnets ... More >>
Australia: Selloff seems ominous
Tuesday, 13 November 2012, 5:17 pm | CMC Markets
The market started selling and just kept going today on the back of a deterioration of sentiment both locally and overseas. The selloff seems ominous and is far heftier than what we had estimated heading into today. More >>
Investors in wait and see mode
Tuesday, 13 November 2012, 12:05 pm | CMC Markets
The markets are in one of those ‘quiet before the potential storm’ modes that have become so familiar in recent years. A quiet day’s trading is likely with little news over night to impact investor opinions of current macro risks. Investors have ... More >>
Traders not compelled to take on risk
Monday, 12 November 2012, 6:00 pm | CMC Markets
Traders are not exactly feeling compelled to take on board risk at the moment given the ominous repercussions of a Fiscal Cliff scenario actually coming to fruition, even though the prevailing hope is that a deal will get done on some shape or form ... More >>
Australia: Banks stocks supported by housing finance growth
Monday, 12 November 2012, 4:13 pm | CMC Markets
China’s October export performance and Australia’s housing finance growth both serve to remind investors that there are plenty of “green shoots” for world economies at present and that the US “Fiscal Cliff” represents a risk in both directions. More >>
Markets remain fixated by Fiscal Cliff
Friday, 9 November 2012, 5:58 pm | CMC Markets
Financial markets are finding it difficult to adopt a ‘business as usual approach’ in the wake of the US election, with Wall Street fixated by Fiscal Cliff ramifications. The resulting defensive moves by traders in recent sessions is keeping the US Dollar ... More >>
Unemployment figures refreshes Australian market
Thursday, 8 November 2012, 5:27 pm | CMC Markets
The Australian market has reversed part of its heavy losses on the back of a better than expected unemployment number and a turnaround in US futures. Investors bailed out of mining and energy plays today preferring safer plays like healthcare and staples. More >>
Anxiety felt in local market following US free-fall
Thursday, 8 November 2012, 12:44 pm | CMC Markets
Anxiety felt in local market following US free-fall By Miguel Audencial (Sales Trader, CMC Markets) More >>
