Market Overview

Quick RecapStocks drifting, the US dollar a little weaker – except against Sterling, oil down (now we’re all worried about gluts again), gold up a little, the Aussie is the little engine...

U.S. equities were relatively flat on Tuesday following data that showed U.S. productivity decreased at 0.5% on an annualised rate in the second quarter against expectations of a 0.4% increase....

Although the Reserve Bank of Australia’s August Statement on Monetary Policy (SMP) did not contain an explicit easing bias, nor changes to the Bank’s growth or inflation forecasts,...

Quick RecapThe Aussie dollar found a bid again last night which took it up to the recent range high once again. That sets up the tantalising prospect of a range break for the Aussie. But can break and...

Quick RecapLet’s just call it the Olympic effect but in general save for oil the moves overnight have been fairly muted. That said the buyers came for the Aussie again and it challenged the...

After reaching new all-time highs on Friday, U.S. equity markets paused on Monday in a quiet night for data releases. Both the S&P 500 & Nasdaq 100were modestly lower, down -0.09% & -0.14%...

As widely expected, the Bank of England lowered interest rates by 25 basis points on Thursday to a historic low of 0.25%. However perhaps not as expected was the decision to increase purchases of...

Infrastructure offers attractive yield and inflation based returns, providing a relatively low correlation to shares and bonds. With ultra low bond yields and equities limited by constrained growth...

Quick Recap 2016 has been volatile for markets and Bill Gross says there are 5 big questions that we need to address in markets and the economy right now It means volatility is likely to remain high...

U.S. equities rebounded on Wednesday as ADP employment data showed 179,000 jobs were added month on month in July, while the ISM services/non-manufacturing composite for July decreased to 55.5 from...

U.S. equities declined on Tuesday as oil prices entered a bear market on Monday, commonly defined as a 20% decline from a recent high. Throughout 2015 & 2016 we saw equity and oil prices become...

Quick RecapThe RBA cut rates as anticipated by most traders today in what looks like a low-risk insurance payment for the economy and domestic inflation. But with no clear further easing bias and a...

The RBA has cut the official cash rate by 0.25% taking it to 1.5%, a new record low.Money markets had priced in around a 70% probability of a cut and economists were split roughly 80%/20% in favour of...

Quick recapStocks are showing signs they may have peaked as psychology shifts a little. That's hardly surprising given oil's continued collapse and after such a solid run together with the recent loss...