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CMC Markets - Latest News [Page 22]
Market in need of a breather
Monday, 22 October 2012, 12:21 pm | CMC Markets
Stock markets were becoming increasingly vulnerable to a correction after the consistent rally of recent weeks. Against this background some disappointing US earnings announcements on Friday coupled with a lack of specific progress at the Euro leaders’ conference ... More >>
Investors take their foot off the pedal
Friday, 19 October 2012, 6:43 pm | CMC Markets
Having avoided any scares on the Chinese data front and having witnessed signs of life among the bevy of US macro indicators, there has been an air of confidence on display this week which has seen traditionally defensive assets take a back seat. More >>
Wave of optimism lifts market confidence
Thursday, 18 October 2012, 5:22 pm | CMC Markets
Market confidence seems to have turned a corner today. US housing data is improving, Spain has avoided junk status and Chinese GDP has come out in line, while its industrial production, retail sales and fixed asset investment has all come out better than ... More >>
US housing data means positive start for Australian market
Thursday, 18 October 2012, 12:10 pm | CMC Markets
The Australian equities market is projected to have a positive start in today’s session due to higher than expected US housing data and Moody’s decision to keep Spain’s credit rating. The Materials sector is expected to have a positive open ... More >>
Cards fall in favour of risk assets
Wednesday, 17 October 2012, 5:25 pm | CMC Markets
The cards have fallen back in favour of risk assets following positive developments in Europe and the US, with the decreased appeal of holding safe haven US Dollars allowing for moves to the upside from the Euro, gold and oil. In particular, a dose ... More >>
Stubborn CPI knocks appetite from NZD
Wednesday, 17 October 2012, 10:59 am | CMC Markets
New Zealand witnessed its poorest CPI figure since the late 90's yesterday perhaps sending vehement signals to the Reserve Bank of New Zealand of an impending rate cut to kick start economic traction. 0.3% for the quarter and 0.8% for the year dishevelled ... More >>
September growth gives investors encouragement
Tuesday, 16 October 2012, 11:53 am | CMC Markets
A good response by consumers to the reduced short term risks in Europe and to the wealth effect of rising stock and house prices is a necessary condition for improved growth over the next 12 months. Investors will be encouraged to see good growth in ... More >>
Chinese data fails to energise markets
Monday, 15 October 2012, 7:19 pm | CMC Markets
Financial markets across Asia today failed to be energised by the Chinese Trade Balance data despite there being some positive signs. Prior to the weekend release, had you said that Chinese Exports would be near double the amount forecast (year on year), ... More >>
Market direction to be determined by the outlook
Monday, 15 October 2012, 2:12 pm | CMC Markets
Investors have expanded PE valuations as concerns over the European crisis receded and as Australian investors chase search dividend yield in a context of falling bank deposit rates. Market focus has now turned towards the outlook for earnings. More >>
Outlook for Europe: US job figures keep markets cheery
Friday, 12 October 2012, 6:38 pm | CMC Markets
The US jobs data overnight certainly seems to be something of an anomaly but it seems to have continued the relatively cheery mood of the markets in the last 24 hours. It's very much worth keeping in mind though that there is a lot of market ... More >>
Chinese Trade Balance could be momentum shifter
Friday, 12 October 2012, 5:41 pm | CMC Markets
Upcoming Chinese Trade Balance data (due Saturday) will likely shape sentiment heading into next week for a market which is still searching for conviction. While the US Dollar retreated thanks in part to a four year low in the jobless claims data, there ... More >>
Outlook for Europe: Political, economic uncertainty
Thursday, 11 October 2012, 7:49 pm | CMC Markets
Outlook for Europe: Political, economic uncertainty drives nervousness through Europe By David Land (Head of Analysis, CMC Markets) More >>
November rate cut likely due to higher unemployment
Thursday, 11 October 2012, 5:02 pm | CMC Markets
November rate cut likely due to higher unemployment By Ben Taylor (Sales Trader, CMC Markets) More >>
Weaker crude and commodity prices
Thursday, 11 October 2012, 12:14 pm | CMC Markets
Weaker crude and commodity prices put energy and materials under pressure By Miguel Audencial (Sales Trader, CMC Markets) More >>
IMF report takes some steam away from investor confidence
Wednesday, 10 October 2012, 6:23 pm | CMC Markets
The downgraded IMF growth forecasts served to take steam away from investment confidence in recent trading sessions, with traders again leery over what state financial markets will be in come 2013 and beyond. Glum trading conditions invariably lead to renewed ... More >>
Outlook for Europe: USD winning race to the bottom
Tuesday, 9 October 2012, 7:51 pm | CMC Markets
The resilience of several equity markets in the Asian region since the open shows there is plenty of capital looking for a home in risk assets. More >>
Market pushes higher
Tuesday, 9 October 2012, 5:31 pm | CMC Markets
The Australian market has pushed higher today on the back of gains made in China, investors buying back into Aussie dollar assets and Iron Ore’s rally overnight. Our market is now topping out technically and will need to see enhanced prospects ... More >>
Investors focus on outlook for corporate earnings
Tuesday, 9 October 2012, 11:55 am | CMC Markets
With little news in prospect to change investors’ outlook, today promises another quiet session for the Australian market. More >>
Australian market waits for further clarity
Monday, 8 October 2012, 12:09 pm | CMC Markets
The ASX/S&P 200 index has enjoyed significant PE expansion in recent months. As a result, forward PE values are now slightly above the average of the four years since the GFC. The index has also reached the top end of a zone of technical resistance. ... More >>
Markets find solace from better looking indicators
Friday, 5 October 2012, 7:09 pm | CMC Markets
Financial markets have found solace from better economic indicators out of the US in recent days, however the upcoming US Payrolls result will be the defining moment of the week. With QE3 now on the table, we are not going to see a ‘bad means good’ ... More >>
