CMC Markets - Latest News [Page 5]
CMC Markets National University Trading Challenge
Monday, 26 September 2016, 2:31 pm | CMC Markets
University of Auckland Engineering student, Jmin Joon has scooped up first place at the CMC Markets National University Trading Challenge. More >>
RBNZ cuts to spur trading
Thursday, 11 August 2016, 11:07 am | CMC Markets
The RBNZ has cut interest rates to 2.00% this morning, and signalled further cuts to come, setting up a sentiment inspired rally at the open in Australia. This may counter-balance weaker commodity prices overnight. European and US share markets ... More >>
Attention now turns to assessing the risks
Friday, 24 June 2016, 5:20 pm | CMC Markets
Blindsided by the outcome of Britain’s EU referendum, markets must now turn their attention to the task of pricing the risks or opportunities that will flow from this historic decision. More >>
NZ university students achieve 700 per cent return
Monday, 12 October 2015, 9:43 am | CMC Markets
AUCKLAND, October 12, 2015 – The University of Auckland engineering students, Patrick Sun, 21 and Joshua Dawes, 22, have been crowned as the winning team of the 2015 CMC Markets National Trading Challenge, with a 700 per cent return on investment. More >>
ANZ 24% revenue growth boosts CMC Markets Group
Wednesday, 9 September 2015, 8:22 am | CMC Markets
Further to CMC Markets’ 2015 results which were announced in May, the Company has today published its 2015 Annual Report which includes ANZ highlights. More >>
Caution ahead of China’s stock market re-opening
Monday, 7 September 2015, 12:12 pm | CMC Markets
Caution looks like being the market byword at the start of the trading week. Traders will be waiting on the re-opening of China’s stock markets after the holiday break. More >>
Volatility continues
Monday, 13 July 2015, 12:47 pm | CMC Markets
In a continuation of recent volatile behaviour, the positive mood that gripped markets at the end of last week has again been thrown into doubt by yet another European failure to meet a “deadline” for deciding on what to do about Greece. From the ... More >>
A Green China eases selling pressure for Australian Stocks
Thursday, 9 July 2015, 5:18 pm | CMC Markets
Local investors strapped in as they braced themselves for another wild day on the market. The opening bell saw an immediate 50 points taken off the index as Aussie stocks faced heavy selling pressure for a consecutive trading session. The morning’s ... More >>
Greek no vote and falling commodities point to a nervous day
Monday, 6 July 2015, 12:12 pm | CMC Markets
Faced with a combination of the Greek no vote, weakening commodity prices and nervousness about the possible spill over effects of plummeting Chinese markets, investors will be thinking safety first this morning. More >>
Weaker iron ore prices to weigh on market
Wednesday, 1 July 2015, 12:37 pm | CMC Markets
International markets appear to have found a level where they are happy to sit and wait on the next developments in the Greek debt crisis. Greece’s failure to meet the deadline on its IMF payment looks to have been fully anticipated by markets. ... More >>
Flight to quality
Monday, 29 June 2015, 12:00 pm | CMC Markets
Initial market reactions to weekend news on Greece have understandably involved a flight to quality. This morning’s early market reaction has included selling Eurodollars and stock futures on the one hand and buying $US; Japanese yen and gold on the other. More >>
Greece tosses toys from the pram – again
Thursday, 25 June 2015, 12:01 pm | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets) In an entirely predictable manoeuvre, the developed world’s oldest adolescent has once again failed to solve its problems at the eleventh hour. Once again, according to the Greek PM, the fault ... More >>
Steady as she goes…for now
Wednesday, 24 June 2015, 9:38 pm | CMC Markets
It’s been a case of ‘steady as she goes’ for the Australian stock market, with the local index trading within a tight range before ending the day marginally higher. More >>
CMC Markets: Index sinks, dollar soars
Wednesday, 3 June 2015, 10:52 pm | CMC Markets
The ASX200 has disappointed for the second consecutive day, sliding near 55 points in an expansive rout. More >>
Greek relief ahead of RBA decision
Tuesday, 2 June 2015, 12:46 pm | CMC Markets
By Michael McCarthy (chief market strategist, CMC Markets) Another European deferral and stronger US data pushed shares higher overnight. A strengthening USD and subsequent pressure on commodity prices may take the gloss off the positive momentum this morning, ... More >>
Local market suspended in flat
Thursday, 23 April 2015, 5:28 pm | CMC Markets
Mixed leads overnight set the tone for Thursday trading. Investors were still pondering inflation numbers and what it means for the timing of a future rate cut. High yielding stocks were under scrutiny and were subjected to downward pressure. The big banks ... More >>
Tough Decision for the RBA - By Tony Kwok at CMC Markets
Monday, 2 March 2015, 5:43 pm | CMC Markets
The Australian stock market has finally broken out of its recent trading range to move within 20 points of the key 6000 level. Property and Material Sectors have led the markets higher on the back of strong property prices and more stable oil and ... More >>
All eyes on bank stocks : CMC Markets
Friday, 6 February 2015, 12:06 pm | CMC Markets
09:45 AEST, Friday, 6 February 2015 All eyes on bank stocks By Ric Spooner (Chief Market Analyst, CMC Markets) It promises to be a fascinating day on the stock market with all eyes focussed on whether the relentless pursuit of “yield” will continue ... More >>
Volatility continues with relief rally
Monday, 19 January 2015, 12:08 pm | CMC Markets
10:03 AEST, Monday, 19 January 2015 Volatility continues with relief rally By Ric Spooner (Chief Market Analyst, CMC Markets) This morning’s market trading will be about relief that stock market reaction to the Swiss Bank’s surprise move has ... More >>
A Blank Screen - By Michael McCarthy at CMC Markets
Friday, 2 January 2015, 11:55 am | CMC Markets
Australian investors face the first day of 2015 trading with a clean slate. Data releases over the holiday break were largely benign, and the most recent market action will be largely discounted as month, quarter and year end related. Instead, trading ... More >>