Market Overview

Originally published by CMC MarketsA spirit of deal making is buoying markets into year end. The US tax reform deal has now passed both houses of parliament. The Polish Prime Minister is weighing in...

Originally published by AxiTraderMarket SummaryA day after being nonplussed with the passage of the US tax bill through the House and Senate it seems stock traders decided that yes, after all, they do...

Originally published by IG MarketsIt seems that we go into the last trading session before the Christmas break with a positive feel to the equity market open and even the small chance (say 20% - 25%)...

Originally published by OpenMarkets2017 – a year that will evoke the memory of Donald Trump and his twitter mania (and of course the Twitter temp who pulled the plug on his account), nuclear...

Originally published by CMC MarketsSentiment on this morning’s market opening looks like depending on a tussle between strong commodities prices on the one hand and rising bond prices plus the...

Originally published by AxiTraderIt’s done. The US House and Senate have both now passed the Trump Tax cut and the President can sign it into law. But while bond traders have finally noticed...

Originally published by IG MarketsDespite news during the New York session that the United States Congress had pushed through the long-touted tax reform plan, the markets showed very little enthusiasm...

Originally published by AMP CapitalAfter much debate and anticipation, the US House of Representatives has passed the Republicans’ tax reform package by a 227 to 203 vote and the Senate has...

Originally published by CuffelinksOne of the reasons I generally don’t buy into company floats (initial public offerings or IPOs) is a little thing called information asymmetry. This term was...

Originally published by CMC MarketsAfter two strong days, the S&P/ASX 200 index is now 2% above its 6 December low. This provides a good start to a year-end rally. However, the minor downturn in...

Originally published by Rivkin SecuritiesUS stocks were down slightly overnight with the Dow closing down 0.15% while the S&P 500 was down 0.3%. The Nasdaq 100 was the worst performer of the...

Originally published by AxiTraderThe hype and hope seems to have faded a little this morning with most European markets ending the day lower while US markets are currently in the red at 6am AEDT. In...

Originally published by IG MarketsIt was certainly positive to see the S&P/ASX 200 convincingly hold and close above the 10 November and year-to-date highs. Aussie SPI futures indicate that the...

GBP/USD Intraday: continuation of the rebound. Pivot: 1.3360Our preference: long positions above 1.3360 with targets at 1.3420 & 1.3445 in extension. Alternative scenario: below 1.3360 look for...