Market Overview

Originally published by AxiTraderMarket Summary (7.59am Friday August 3)I’ll get it out of the way early, then I don’t have to talk about it. Apple (NASDAQ:AAPL) hit the $1 trillion...

Originally published by CuffelinksWe are cautious about global equity markets at present and running a defensive portfolio. This is because we face an extraordinary cocktail of circumstances that...

Trade BalanceJUNE KEY POINTS BALANCE ON GOODS AND SERVICES In trend terms, the balance on goods and services was a surplus of $1,428m in June 2018, an increase of $186m on the surplus in May 2018. In...

Originally published by AxiTraderTHE AUSTRALIAN DOLLARThe Aussie dollar is lower after weakness in commodities and a little bit of risk off tone and has reversed yesterday’s outperformance with...

Originally published by CMC MarketsThe US Federal Reserve held interest rates steady at the meeting concluded overnight. However the wording of its post meeting statement changed. It now describes the...

Originally published by CMC MarketsTrade concerns and disappointing manufacturing figures from China have hit the FTSE 100 hard.EuropeThe latest round of tough rhetoric from the US regarding its...

Originally published by Rivkin SecuritiesUK stocks, as per the FTSE 100 index, opened flat yesterday but started declining from the outset and continued down for most of the morning, eventually...

Originally published by AxiTraderMarket Summary (7.40 am Thursday, August 2)The Fed reiterated its commitment to higher rates in the statement which accompanied the FOMC’s decision to keep rates...

The CoreLogic July home value results out today confirmed that national dwelling values continued their weak run, with both capital city and regional dwelling values trending lower over the past three...

Originally published by AMP Capital Australian capital city dwelling prices fell for the ninth month month in a row in July, with a fall of -0.6% which left average prices down -2.4% from a year ago,...

Originally published by AxiTraderTHE AUSTRALIAN DOLLARThe rally in copper and base metals more broadly, the lift in basic materials stocks and a generally more positive tone has helped the Aussie...

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) fell 5.4 points to 52.0 in July, indicating continuing but slower growth across the manufacturing sector...

Originally published by CMC MarketsA stronger result from Apple (NASDAQ:AAPL) that soothed tech nerves overnight may be overwhelmed in Asia Pacific trading today. Reports from the US of a new...

Originally published by CMC MarketsThe FTSE 100 is set to finish higher on the day, and it has been a broad-based rally throughout the session.EuropeThe energy sector was given a lift by strong...