CMC Markets - Latest News [Page 26]
Markets awash with confidence
Tuesday, 31 July 2012, 6:47 pm | CMC Markets
The markets are awash with confidence as central bank action is believed to pave the way for a u-turn in the long suffering markets. More >>
Quiet day of trading as investors await ECB announcement
Tuesday, 31 July 2012, 1:05 pm | CMC Markets
A quiet day of trading is anticipated as investors await ECB announcement on plans to support Spanish and Italian bond yields. Investors around the world have increased risk exposure in recent days in response to ECB President Mario Draghi’s indication ... More >>
Dedication to the cause in Europe leads to gains across Asia
Monday, 30 July 2012, 6:54 pm | CMC Markets
Comments from European leaders in recent times have shown some semblance of a unified voice, and this refreshing change has been warmly received by traders who have again rediscovered their inclination to buy. More >>
Investors position themselves for ES Fed and ECB action
Monday, 30 July 2012, 1:16 pm | CMC Markets
Australian equity investors have followed international market this morning, positioning for increased likelihood of action by the US Fed and the ECB. However, our market may underperform Friday’s strong rally in US markets. More >>
Draghi provides markets with much needed ‘pick-me-up’
Friday, 27 July 2012, 5:02 pm | CMC Markets
Financial markets received a much needed ‘pick-me-up’ courtesy of Mario Draghi’s staunch defence of the Euro. The implication of bond buying from the ECB released the pressure valve on Spanish yields which caused traders to rediscover the mood ... More >>
Markets rebound after volatile week
Thursday, 26 July 2012, 5:18 pm | CMC Markets
Our market has rebounded today after a relatively volatile week of trading. The lack of economic news meant that European headlines mixed with company specific announcements guided our market today. More >>
Varied leads from overnight markets
Thursday, 26 July 2012, 11:58 am | CMC Markets
Varied leads from overnight markets point to marginal gains to start the Australian market today. Disappointing US New Home Sales Data erased early gains in the US equities markets, while comments from a European Central Bank policy maker that there are ... More >>
Positive developments hard to come by
Wednesday, 25 July 2012, 5:55 pm | CMC Markets
The cupboard has been bare this week when it comes to positive economic developments, with traders instead faced with underwhelming earnings in the US and more alarm bells ringing over Greece and Spain. More >>
Flash PMI relief for flat market
Tuesday, 24 July 2012, 10:15 pm | CMC Markets
The sharp falls seen in international markets overnight were felt in yesterday’s Australian session, leaving our markets flat today in a state of low volumes and self-pity. More >>
Spanish 10 year bonds weigh heavily
Tuesday, 24 July 2012, 1:19 pm | CMC Markets
Spanish 10 year bonds weigh heavily on Australian markets By Ric Spooner (Chief Market Analyst, CMC Markets) More >>
Traders turn decidedly defensive
Monday, 23 July 2012, 8:30 pm | CMC Markets
Spanish yields rising over the psychological 7% level has seen risk-assets take a turn for the worse, with traders turning decidedly defensive now that European debt issues have again dimmed the mood. More >>
Australian market resting on its laurels to end the week
Friday, 20 July 2012, 5:27 pm | CMC Markets
Events this week have pointed towards an extended preservation of the AUD’s yield advantage over the major currencies, which has allowed the currency to make good progress against both the USD and the Euro. With the RBA keen to sit tight on interest ... More >>
Markets surge following Bernanke address
Thursday, 19 July 2012, 6:54 pm | CMC Markets
Our markets have surged from the open today on the back of Federal Reserve chairman’s second day address to the Senate Finance committee. Here Bernanke stated that the Fed had not fired all its bullets and that they stood ready to take additional action ... More >>
Solid start after strong gains on international markets over
Thursday, 19 July 2012, 12:03 pm | CMC Markets
The Australian market is set for a solid start today with strong gains posted by American and European markets after US Housing Starts data posted encouraging figures. The energy sector is likely to perform well today after Crude Oil prices posted solid ... More >>
Will Olympics provide opportunities for UK, global traders?
Thursday, 19 July 2012, 9:32 am | CMC Markets
Will the Olympics provide opportunities for UK and global traders, or are these opportunities already priced in? Brenda Kelly, senior market strategist at CMC Markets, conducts technical analysis on the construction, hospitality, travel and leisure, ... More >>
QE3 remains on the periphery
Wednesday, 18 July 2012, 6:38 pm | CMC Markets
Despite the non-committal nature of Bernanke’s speech, it seems traders on Wall Street decided to hear what they wanted to hear regarding the likelihood of further stimulus if the positive reaction of risk assets is anything to go by. Perhaps it ... More >>
Official NZ cash rate to be left lower for longer
Wednesday, 18 July 2012, 11:22 am | CMC Markets
Following the easing of monetary policy rhetoric we hear emanating from central banks around the globe, expect New Zealand mandate to rigorously follow suit after yesterday's key inflation figure which was the lowest in 12 years. More >>
RBA minutes give market confidence
Tuesday, 17 July 2012, 6:07 pm | CMC Markets
Today’s RBA minutes have given our market the confidence it needed to jump out of the box. It now seems clear that rates are on hold as previous rate reductions have helped guide the local economy through the global storm. More >>
Spanish bond yields contain risk appetite
Tuesday, 17 July 2012, 12:02 pm | CMC Markets
The Australian market appears set for a quiet day after international share markets failed to follow through on Friday’s strong rally. More >>
Asian Markets Quick Out Of The Gates To Start The Week
Monday, 16 July 2012, 5:13 pm | CMC Markets
Asian Markets Quick Out Of The Gates To Start The Week By Tim Waterer (Senior Trader, CMC Markets) More >>