Market Overview

Originally published by AxiTraderMarket Summary (7.42 am Friday, June 8)Is the air finally getting a little too thin for tech investors? It’s just one day's small reversal, so it is far too...

Originally published by IG MarketsIn the game of call and respond for global trade wars, the retaliations and troubled assessments following the US passage of the metals tariffs against the European...

Originally published by CMC MarketsOvernight market action suggests investor confidence is growing. The European Central Bank’s chief economist said withdrawal of accommodation was a live issue...

Originally published by CMC MarketsThe FTSE MIB was lower today as traders are concerned about the new coalition, but it has recouped some of the earlier losses.Europe The Italian Chamber of Deputies...

Originally published by Rivkin SecuritiesUS shares had a substantial rally on Wednesday with the Dow Jones Industrial Average climbing 1.4% and the S&P 500 up 0.9%. Some of the rally was due to an...

Originally published by AxiTraderMarket Summary (7.40 am Thursday, June 7)I wrote earlier this week that after that non-farms print last Friday I was bullish risk assets. It was as simple as the...

Originally published by CMC MarketsBetter than expected reads on PMIs in Europe and the US, and further support for tech stocks, weren’t enough to lift headline indices in overnight trading....

Originally published by IG MarketsThe enthusiasm the speculative rank tried to carry through the weekend into Monday trade fell apart Tuesday before New York trade even kicked off. Wall Street wins...

Originally published by Rivkin SecuritiesAfter declining throughout the morning, US stocks rallied in the afternoon to finish close to flat for the day. The Dow closed down 0.05% and the S&P 500...

Originally published by AxiTraderMarket Summary (7.46 am Wednesday, June 6)Just like Poseidon back in 1969, and countless times since then, sometimes when you put a number on something the hype or...

Originally published by AMP CapitalAs widely expected, the June RBA Board meeting saw it leave interest rates on hold for a record 20 meetings or 22 months. Yet again the RBA made little substantive...

Originally published by CMC MarketsA miss on US factory orders data didn’t deter buyers and both European and US markets added to recent gains in overnight trading. Oil prices tanked again as...

Originally published by CMC MarketsEuropean equity markets are broadly higher this afternoon as traders are less fearful for the political situation in Europe.Europe As of Friday, Spain has a new...

Originally published by Rivkin SecuritiesThe Dow Jones Industrial Average climbed 0.7% and the S&P 500 0.4% overnight as consumer discretionary outperformed and energy substantially...