Scoop has an Ethical Paywall
Scoop InfoPages
This InfoPage in unregistered, if this is your news page register CMC Markets for InfoPages here.
CMC Markets - Latest News [Page 23]
Market runs higher with further rate cuts on the cards
Thursday, 4 October 2012, 6:40 pm | CMC Markets
The Australian market has had a run higher today after the retail spending figure came in worse than expected increasing the expectations of a Melbourne cup day interest rate cut. More >>
Positive international data supports stronger opening
Thursday, 4 October 2012, 1:02 pm | CMC Markets
Better than expected US employment and services data will support the Australian equities market to open stronger in today’s trading. The significant drop in the Crude Oil price last night will put pressure on the Energy sector throughout the ... More >>
Spain puts spanner in the works
Wednesday, 3 October 2012, 7:07 pm | CMC Markets
Spain appears to have again thrown a spanner in the works of risk assets, with news there is not likely to be an imminent request for a bailout, having a deflating effect on the market. On face value, the fact that a country says it is not seeking a bailout ... More >>
Strong start warranted after RBA cuts interest rates
Tuesday, 2 October 2012, 6:29 pm | CMC Markets
The market’s early strength was warranted as the Reserve Bank cut interest rates by 25bp to 3.25%. The cut was not expected by the majority of economists who were calling for a Melbourne Cup cut however the interbank futures market provided the ... More >>
Market set for firm opening ahead of RBA decision
Tuesday, 2 October 2012, 2:07 pm | CMC Markets
Market set for firm opening ahead of RBA decision By Ric Spooner (Chief Market Analyst, CMC Markets) More >>
Non-defensive assets enjoy reversal of fortune
Friday, 28 September 2012, 5:45 pm | CMC Markets
Non-defensive assets have enjoyed a reversal of fortunes late in the week, with traders thankful for ‘small mercies’ such as the Spanish budget result. While the budget result from Spain was undoubtedly a step in the right direction, we are still far ... More >>
Market readies for next leg higher
Thursday, 27 September 2012, 5:11 pm | CMC Markets
Having experienced the pullback we had to have after the huge round of concerted central bank initiatives, the market now feels like it’s readying itself for the next leg higher. More >>
Low confidence drags equities lower
Thursday, 27 September 2012, 2:10 pm | CMC Markets
The Australian equities market is set to extend its losing streak to four days in a row following dismal leads from its US and European counterparts. Weaker oil and commodity prices will continue to put pressure on the energy and materials sector. More >>
Negative undertones give rise to defensive assets
Wednesday, 26 September 2012, 6:35 pm | CMC Markets
With central bank stimulus euphoria already seeming but a distant memory, the last thing traders needed to hear was a dissenting voice against the merits of QE3. Throw in a dose of renewed Spanish fears and we have all the ingredients needed for financial ... More >>
Rocky Road ahead for NZD
Wednesday, 26 September 2012, 11:08 am | CMC Markets
The Kiwi's short found stardom over US 83c looks to be over as it becomes implicitly entangled with risk as a consequence due to the deepening European crisis and fears that global stimulus will not satisfy the world’s largest economy. On overseas ... More >>
Markets await news before making big moves
Tuesday, 25 September 2012, 9:52 pm | CMC Markets
The list of reasons to sell seems to be weighing heavier than reasons to buy at present. Commodity price slides, a Euro story turnaround that just doesn’t seem to turn, US growth concerns with the pending fiscal cliff, book squaring for the end of month ... More >>
Upward market momentum stalls
Monday, 24 September 2012, 8:42 pm | CMC Markets
Upward momentum in the markets appear to have stalled with the hype regarding the latest central bank stimulus measures not having the same longevity as in days gone by. In the case of Europe, investors seem reluctant to take on board new positions ... More >>
Negative PMI halts market momentum
Friday, 21 September 2012, 7:17 pm | CMC Markets
Accentuation of the negative themes this week has served to halt market momentum, with subpar PMI readings from China and Europe dissipating some of the positive vibes which occurred in the wake of recent central bank stimulus announcements. More >>
Iron Ore outlook - can it go lower?
Friday, 21 September 2012, 1:46 pm | CMC Markets
Iron Ore outlook - can it go lower? By Ric Spooner (Chief Market Analyst, CMC Markets) More >>
Weak start expected after minimal gains from US equities
Thursday, 20 September 2012, 11:58 am | CMC Markets
Minimal gains from the US equities market overnight indicate that a weak start is expected from the Australian counterpart. The Energy sector is likely to underperform the market throughout the trading day with oil trading significantly weaker. More >>
Asian markets find their groove on BOJ stimulus
Wednesday, 19 September 2012, 5:32 pm | CMC Markets
Asian markets find their groove on BOJ stimulus By Tim Waterer (Senior Trader, CMC Markets) More >>
CMC Markets: Where to next?
Tuesday, 18 September 2012, 5:30 pm | CMC Markets
Volumes remain light and investors cautious as we settle in post European and US stimulus announcements. The market remains elevated but taking a defensive stance today preferring to increase exposures in healthcare and utilities. More >>
Back to business as usual
Tuesday, 18 September 2012, 12:28 pm | CMC Markets
The Australian market is likely to be relatively steady in early trading this morning as investors settle down to wait for more information on the state of world economies. More >>
A shot of jungle juice
Thursday, 13 September 2012, 5:17 pm | CMC Markets
The markets are waiting in suspense before tonight’s FOMC meeting. Expectations are running high that another round of stimulus will be provided in the form of additional quantative easing and an extension to the zero interest rate policy. More >>
AUD flourishing as China comforts the market
Wednesday, 12 September 2012, 5:44 pm | CMC Markets
With China open to more stimulus and Iron Ore prices back above US$100 the AUD has flourished in the past 24hrs, with a move back to 1.05 on the cards should a favourable German court ruling occur and if Bernanke appeases financial markets by launching ... More >>
