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Morning Market Update: Strong Start Ahead

Global markets strengthened overnight, although U.S. stocks pared their gains late amid caution ahead of this week’s Fed meeting. European stocks rose to a one-week high, rebounding from their longe...


Morning Market Update: More Weakness Ahead

Global markets experienced wild swings overnight on speculation of changes to the U.S. Fed’s stimulus program amid confusing signals from Federal Reserve presidents. European stocks rose, rebounding...


Morning Market Update: Set To Open Flat

Last night’s offshore session was marked by wild swings on both sides of the Atlantic, with European indices recovering from an early plunge only to suffer another sharp fall towards the end of trad...


Morning Market Update: Global Markets In The Black

Global markets recorded solid but not spectacular gains overnight, with an early rally in Europe petering out in the U.S. session. European stocks climbed, rebounding from a three-week low, as investo...


Morning Market Update: Where to?

Global markets slumped overnight with significant losers recorded on both sides of the Atlantic. European stocks fell on concern that the U.S. Federal Reserve will reduce debt purchases as the worldâ€...


Morning Market Update: Quiet Session Ahead

While U.S. and U.K markets enjoyed an extended holiday break overnight, the rest of the global markets bounced back to start the week in the green. European stocks rose, rebounding from their first we...


Morning Market Update: Calmer Start Expected

After a very volatile period for global markets it was once again up to U.S. markets to steady the ship on Friday night. European markets continued their recent slide, helping to lock in their first c...


Morning Market Update: Europe Solid US Weaker

It was another tale of two halves overnight, with solid gains in Europe countered by weakness in the US. Overall, European stocks were little changed near a five-year high after Federal Reserve Chairm...


Morning Market Update: Quiet Overnight

Global markets were mixed overnight, with gains in Europe countered by losses in the US. European stocks advanced on the back of strength in carmakers and Ryanair Holdings, which jumped the most in mo...


Morning Market Update: Positive Start To The Week

Global markets finished a little stronger on Friday night, with gains seen in both Europe and the US. In London, the FTSE 100 gained 35 points (+0.5%) to finish at 6723 while the German DAX added 28 (...


Morning Market Update: Weaker Overnight

Global markets finished slightly weaker overnight, with the international bulls taking a breather after a recent string of gains. European stocks were little changed, after the benchmark Stoxx Europe ...


Morning Market Update: International Bulls Continue To Run

Global markets continued their run higher overnight. European stocks rose, extending their highest level since June 2008, after the Bank of England raised its growth forecast for Europe’s third-bigg...


Morning Market Update: Another Quiet Night

Global markets were little changed overnight, with minimal moves recorded on either side of the Atlantic. European stocks declined from the highest level in almost five years as bank and airline share...


Morning Market Update: Bulls Extending Gains

Global markets extended gains overnight, with further gains seen on both sides of the Atlantic. European stocks climbed, with the Stoxx Europe 600 Index extending its highest level since June 2008, as...


Morning Market Update: Quiet Overnight

About three stocks advanced for every two that fell on U.S. exchanges, as 5.3 billion shares traded hands, or 16% than the three-month average. Crude climbed to a three-week high as Syria threatened r...


Morning Market Update: Bullish Into New Week

Global markets surged into the close on Friday night, with strong US payrolls data lighting up leaderboards on both sides of the Atlantic with green ink. European stocks advanced to the highest level ...


Morning Market Update: Bulls Bouncing

Global markets bounced back overnight, with all major indices closing in the green. European stocks rose to a seven-week high as the European Central Bank lowered its benchmark interest rate, while co...


Morning Market Update: Bears Leading The Way

Global traders and investors were quick to act upon the ‘sell in May and go away’ idiom last night, sending the major indices sharply lower on the first day of the new month. European stocks decli...


Morning Market Update: Horror Night

Global markets were trounced overnight, with stocks sliding the most since June as China’s economic growth unexpectedly slowed and investors speculated hedges against inflation were unneeded. Europe...


Morning Market Update: Markets Bouncing Back

After taking a pounding in the previous couple of session, global markets bounced back overnight, as a bounce in gold prices, upbeat US earnings reports and strong US housing data bolstered sentiment....


Morning Market Update: Bears Sharpen Claws

Global markets slid further into the red overnight, with US slipping lower on weak earnings numbers. European shares erased earlier gains, with the FTSE 100 finishing essentially flat at 6244, whilst ...


Morning Market Update: Neutral Into The Week

Global indices finished slightly stronger on Friday night, with positive US earnings reports supporting markets. In London the UK’s FTSE 100 added 43 points (+0.7%) to settle at 6287, whilst the Ger...


Morning Market Update: Gains Overnight

Global markets eked out modest gains overnight, as a rally in commodity prices spurred energy and raw-material producers. European stocks rose, rebounding from the biggest weekly drop in five months, ...


Morning Market Update: Leads Soft Into New Week

Global markets are mainly weaker on Friday amid weaker than expected U.S. GDP numbers. European stocks fell, paring their biggest weekly rally in five months, as companies posted financial results tha...


Morning Market Update: Record For The S&P

Global markets rallied overnight amid solid US economic data and optimism central banks will maintain stimulus plans boosted sentiment. European stocks rose, pushing the Stoxx Europe 600 Index toward ...


Morning Market Analysis: Soft Leads Into The Week

Global markets were generally weaker on Friday night, although the losses in the US were minimal. European stocks fell the most in a week, snapping the longest streak of gains in three months, as U.S....


Price And Volume Are All You Need

It’s tempting to think that we can use technical indicators, like the MACD, RSI, and stochastics, to guide our trading, but we should never place too much emphasis on any particular indicator. If we...


Morning Market Update: Dow New Record

International markets were mainly stronger overnight on improving market sentiment. European stocks climbed for the most part, as mining shares rallied and Alcoa Inc. began the U.S. earnings season wi...


Morning Market Update: Mixed Results Overnight

International equity markets finished with mixed results overnight after the US senate did not approve of proposals to avert $85 billion worth of budget cuts – otherwise known as the ‘sequester...


Morning Market Update: Bulls Bouncing Back

International equity markets rallied overnight amid positive data from the US, better-than-expected earnings results in Europe, and Italy’s successful sale of government debt. In Europe, Italyâ€...


Morning Market Update: Unconvincing Bounce

It was another tale of two halves overnight, although this time the roles were reversed from the night before. European markets were belted this time, whilst US markets played the role of saviour a...


Morning Update: Market Set To Slide

International equity markets finished with mixed results overnight, amid concern over the election result in Italy. Moreover, the looming March 1 deadline for US policy makers to come to an agreeme...


Morning Market Update: Where To Next

International equity markets rallied on Friday night after it was reported that Germany’s investor confidence climbed to a 10-month high of 48.2 in February from 31.5 in the previous month—beat...


Morning Market Update: More Pain Ahead?

International equity markets finished with major losses overnight amid as negative data from Europe raised concerns with regard to the region’s recovery. Statistical data showed that the eurozone...


Evening Market Update: Dog Day Afternoon

The bears didn’t let up in the afternoon, digging their claws in further and undoing more of the bulls’ recent good work. There is no other way to express it, it was a rout from pillar to ...


Morning Market Update: The Pullback We Had To have

International equity markets finished with major losses overnight after the release of the Federal Open Market Committee (FOMC) Minutes. FOMC policy makers had mixed views on Chairman Bernanke’s ...


Morning Market Update: Mixed Results For Global Markets

International equity markets finished with mixed results overnight amid economic uncertainties and after Berkshire Hathaway Inc. and 3G Capital decided to purchase Heinz for US$23 billion. In the ...


Morning Market Update: All Quiet Overnight

International equity markets finished with modest losses overnight as President Obama prepares his State of the Union address to tackle issues surrounding spending cuts, immigration law, and gun co...


Morning Market Update: Markets Bullish Into New Week

International equity markets finished with solid gains on Friday night as US companies reported better-than-expected earnings results and after the ECB announced that it has come up with a seven-ye...


Morning Market Analysis: Soft Overnight

International equity markets finished with modest losses overnight after US corporate earnings results missed expectations economic data disappointed. In the US, jobless claims fell to 366,000 in t...


Morning Market Update: Mixed Results Overnight

International equity markets finished with mixed results overnight as better-than-forecast earnings results in the US were weighed against uncertainty in the eurozone. In the euro region, concerns ...


Morning Market Update: On The Bounce

International equity markets bounced back overnight on the back of better-than-expected earnings results in the US and after Dell agreed to a leveraged buyout worth $24 billion – the largest ...


Morning Market Update: Eurozone Rears Its Ugly Head

International equity markets finished with major losses overnight as uncertainties mount in the eurozone on the back of corruption in Spain and ahead of the upcoming elections in Italy. In Spain, the ...


Midday Market Update:

After a positive start, the Aussie market has dipped into the red heading into the afternoon session. The ASX200 is presently down two points, at 4919. Financials and healthcare stocks are weighing...


Morning Market Update: Bullish Into New Week

International equity markets rallied on Friday night amid better-than-expected earnings results and solid data out of the US and China. The US Labour Department showed that payrolls climbed 157,000...


Dancing On The Debt Ceiling

Last week we outlined the resolution to the fiscal cliff and pointed to a bigger crisis that may await the US in just a few weeks. This new crisis will result from a failure of US lawmakers to raise t...


Morning Market Update: Mixed Results Overnight

International equity markets traded with mixed results on Friday night amid positive data from China and concerns about the US debt ceiling. Statistical data showed that China’s GDP climbed 7.9% i...


Morning Market Update: Quiet Overnight

International equity markets finished with mixed results overnight as the upcoming US financial-reporting season raised concerns on earnings. In Europe the UK’s FTSE fell by 14 points (-0.2%) to ...


Morning Market Update: We Are Back For 2013

International equity markets mostly finished with modest gains on Friday night after it was reported that China’s exports increased 14.1% in December, higher than the expected 5%. In Europe, UK’s ...


Morning Market Update: Gains Overnight

International equity markets finished with gains overnight after House Speaker Boehner mentioned that he intends to work on the budget negotiations with President Obama. Republicans in the US Cong...


Morning Market Update: Global Markets Fizzle

The weeklong rally on global markets fizzled out overnight after US politicians put up another roadblock to a deal that may avert the year end fiscal cliff. The past few days had offered hope that ...


Morning Market Update: Bulls Run On

International equity markets finished with solid gains overnight amid optimism that the fiscal cliff may be averted before the year ends. Obama and Boehner are coming closer to negotiating a compro...


Morning Market Update: Bulls Bounce Back Overnight

International equity markets enjoyed solid gains overnight amid optimism that President Obama and House Speaker Boehner will eventually agree on a compromise with regard to the budget discussions. ...


Morning Market Update: Soft Start Ahead

International equity markets were mixed on Friday night, as a compromise is yet to be reached by US lawmakers to avert the looming fiscal cliff. President Obama and House Speaker Boehner are still ...


Morning market Update: US Markets Dive

International markets finished firmly weaker overnight due to lack of progress regarding the US budget discussions, with President Obama saying nothing more than ‘negotiations are still in progressâ...


Morning Market Update: Twist And Yelp

International equity markets ended mixed overnight as word is yet to be heard from US lawmakers with regard to the nation’s budget discussions. Markets were also affected by the Fed’s announcemen...


Are We Going Over The Fiscal Cliff? – Part Two

Yesterday our research team comprising of  Adam Halantas (Research Analyst) and Chris Conway (Head of Research) started the  debate on whether we are heading over the fiscal cliff. Toady Chris pres...


Are We Going Over The Fiscal Cliff? – Two Opposing Views

Over the next two days our research team, Adam Halantas (Research Analyst) and Chris Conway (Head of Research) will debate whether we are heading over the fiscal cliff. Toady Adam presents his though...


Morning Market Update: US Market Solid Overnight

International equity markets finished with solid gains overnight amid speculation US lawmakers will finally reach an agreement with regard to the budget discussions. Markets were given an extra boos...


Morning Market Update: Modest Gains Overnight

International equity markets finished with modest gains overnight following the release of positive economic data from China. China released better-than-expected industrial output and retail sales num...


Morning Market Update: Bullish Into New Week

International equity markets were mixed on Friday night, as investors weighed the likelihood of US lawmakers reaching an agreement with regard to the budget discussions. President Obama announced hi...


Morning Market Update: Modest Gains Overnight

International markets finished with modest gains overnight amidst optimism that US lawmakers will be able to reach an agreement on the budget discussions. In Europe, markets advanced even after ECB Pr...


Morning Market Update: Another Quiet Night

International markets finished mostly in the red overnight as concerns mounted regarding the apparent lack of progress being made with regard to the US fiscal cliff. President Obama’s administr...


Morning Market Update: Markets Mixed Overnight

International equity markets were mixed overnight amidst uncertainty surrounding the US budget discussions. European markets finished with modest gains after statistics showed that China’s PMI in...


Morning Market Update: Quiet Session Ahead

It was a very quiet night on Friday night with all of the major global equity markets barely changed. Indices on both sides of the Atlantic closed within 10 points of their opening price, highlighting...


Morning Market Update: Bulls Run On

International equity markets finished collectively stronger overnight amid optimism that a compromise can be reached regarding the US fiscal cliff. US Senator, Chuck Schumer, and Senate Majority Leade...


Morning Market Update: US Bulls Go For A Run

European and US equity markets finished in the green overnight after President Barack Obama expressed his intent to resolve budget discussions before Christmas. The President’s statement was furt...


Aussie Economy And The Fiscal Cliff

Aftermath of the fiscal cliff Last week we provided a background on the US fiscal cliff and discussed why it was a source of fear for the markets. Today we will take our discussion a step further and ...


Morning Market Update: Mixed Night

International markets were mixed overnight with modest gains in Europe countered by modest gains in the US. A lack of progress in the US regarding the fiscal cliff weighed on investors there, countera...


Morning Market Update: Same Old Issues

International equity markets traded in the red overnight as investor sentiment was clouded by uncertainties surrounding the US fiscal cliff discussions and Greece’s debt crisis. Eurozone finance m...


Morning Market Analysis: Bullish Into New Week

International markets enjoyed solid gains on Friday night, with bullish sentiment accelerating between the European and US sessions. Markets were boosted by positive data released from China, German...


Morning Market Update: Euro Markets Higher

US markets were closed overnight due to the Thanksgiving Day holiday. European markets traded in the green overnight following positive manufacturing data from China coupled with the ceasefire agre...


Morning Market Analysis: Modest Gains Overnight

International markets finished in the green overnight as a cease-fire was agreed upon by Hamas and Israel, indicating that tensions in the Middle East may dissipate. Elsewhere, eurozone finance minist...


Morning Market Update: Soft Leads

International markets finished mostly in the green overnight as euro finance ministers come closer to a decision on Greece’s bailout funds and positive housing starts data from the US. US housing...


Morning Market Update: Positive News

International markets rallied overnight as positive news flooded the markets and whet investor risk appetites. Markets were significantly affected by two factors; President Obama stating his confid...


Morning Market Analysis: Mixed Leads Into Next Week

International markets were mixed amidst ongoing US fiscal cliff and eurozone concerns, and escalating tensions in the Middle East. In the US, markets finished in the green after House Speaker, John Bo...


Evening Market Analysis: Another Rough Day

The Aussie market bounced a touch in the afternoon session, with the bulls clawing back 10 points. The clear majority of sectors remained in the red however, with materials companies the hardest hit.Â...


Morning Market Analysis: Another Soft Session

European markets closed broadly lower, with the Stoxx Europe 600 down 1% at a 2 1/2-month low, as investors were spooked by the eurozone’s move into recession and weak UK data. The FTSE shed...


Morning Market Update:Bulls Take Another Hit

International markets incurred significant losses overnight amid diminishing prospects of a resolution to the fiscal cliff, eurozone worries, and tensions in the Middle-East. European markets were...


Midday Market Update: Aussie Going Nowhere

The Aussie market is slightly stronger so far today, following the mixed leads provided by international markets last night. The XJO is presently 10 points (+0.2%) in the green, at 4390. The sector...


Evening Market Analysis: Modest Gains

The Australian market climbed modestly higher today, despite a mixed lead provided by international markets overnight. The sectors were split evenly amongst winners and losers, with utilities and te...


Morning Market Update: Uncertainty Weighs

International markets were mixed with US equities finishing in the red overnight whilst European equities finished in the green. In the US, President Obama is scheduled to meet with the US Congress...


Midday Market Analysis: Aussie Smashed

The Aussie market is suffering badly so far today, despite the flat leads provided by international markets last night. The XJO is presently down 46 points (-1%) at 4400. Every sector is weaker, with...


Morning Market Update: Markets Hold Breath

International markets were mixed overnight as concerns continue to mount about the US fiscal cliff and as the eurozone continues its discussion regarding further bailout funds for Greece. Hopefully ...


Midday Market Analysis: Aussie Treading Water

The Aussie market is little changed so far today, following indecisive leads provided by international markets on Friday night. The XJO is presently seven points (-0.2%) underwater, at 4455. Most ...


Morning Market Analysis: Searching For Direction

Global markets were mixed on Friday night, with US equities steady whilst European markets lost further ground. Investors remain concerned about the eurozone’s financial situation and the US fis...


Evening Market Analysis: Flat Week

The Aussie market weakened slightly in the afternoon session, with the XJO closing 22 points (-0.5%) points weaker, at 4462. The majority of sectors close in the red, with energy, financials and uti...


Morning Market Update: Bears Dig Claws In

International markets finished collectively weaker yet again overnight, amidst concerns over how the US budget debate will pan out and the eurozone’s position on rendering financial aid to Greeceâ...


Midday Market Analysis: Aussie Holding Up

The Aussie market is holding up reasonably so far today, in light of the poor leads provided by international markets last night. The XJO is presently down 20 points (-0.5%), at 4461. Most sectors a...


Midday Market Analysis: Aussie Taking A Hit

The Aussie market is taking a pounding so far today, which was to be expected given the leads provided by international markets last night. The XJO is presently down 40 points (-0.9%) at 4480. Ev...


Morning Market Update: Wipe Out

Global markets sold off aggressively overnight, one day after the re-election of President Obama. Investor reaction was decidedly negative over the defeat of the more business-friendly Mitt Romney and...


Morning Market Analysis: Relief rally?

Global markets finished in the green overnight as markets were seemingly relieved that the US Presidential election is now upon us. Whichever presidential candidate wins however, they will have to de...


Midday Market Analysis: Aussie Holding Up

The Aussie market is little changed so far today, despite the local bourse enduring a fairly volatile morning. The XJO is presently flat, at 4460, and holding up fairly well in light of the leads pro...


Morning Market Update: Dow Down Despite Data

Global markets were collectively weaker on Friday night, as investors largely ignored the positive jobs data in the US and instead focused their attention on the upcoming election and fast approaching...


Evening Market Analysis: Soft Close To Soft Week

The Aussie market failed to spark in the afternoon session, holding around breakeven on the day. The XJO finished just three points higher, at 4460. Materials stocks were the best performers, wit...


Morning Market Update: US Data Provides Boost

Global markets collectively rallied overnight on the back of some better-than-expected US economic data. European markets exhibited strong gains due to the US data and reports of expansion in China...


Midday Market Analysis: Local Bulls Run

The Aussie market is performing well today, following the solid leads provided by European markets last night. Every sector is in the green, with IT and materials stocks leading the move higher. In co...


Morning Market Analysis: Risk Creeps Back In

European markets traded solidly higher overnight due to blue-chip companies announcing positive earnings. US markets remained closed due to Hurricane Sandy. UK’s FTSE 100 increased by 55 points ...


Midday Market Analysis: Resilient Aussie

Aussie share have climbed higher so far today, despite the negative lead provided by European markets last night. The XJO is currently 11 points (+0.2%) higher, at 4488. Most sectors are stronger at...


Morning Market Analysis: Sandy Storms Into NYC

European markets were weaker overnight, in the absence of trading in NY as US markets were closed due to Hurricane Sandy. In London, the UK’s FTSE 100 gave up 12 points (-0.2%) to settle at 5795,...