Traders Edge – Thursday 20th December
Overseas Market Report The US Federal Reserve has raised interest rates and said it was keeping the core of its plan to tighten monetary policy intact even as central bank officials said they would likely slow the pace of further rate increases next year. After weeks...
Traders Edge – Wednesday 19th December
Overseas Market Report Chinese President Xi Jinping offered no fresh policies to stimulate the world's second-biggest economy in a keynote speech to mark the 40th anniversary of Deng Xiaoping's "Reform and Opening Up". The benchmark S&P 500 stock index has ended...
Traders Edge – Tuesday 18th December
Overseas Market Report The S&P 500 Index finished Monday's session at its lowest level since October 2017. The technology, healthcare and consumer sectors led the rout. Insurance stocks suffered after a court ruling jeopardised Obamacare, while Johnson &...
Traders Edge – Tuesday 11th December
Overseas Market Report Ahead of the local open SPI futures were 20 point higher at 5,572. Monday 10 October - close: The Australian share market slumped to a two-year low, weighed down by the major banks as hopes for a trade resolution between the US and China...
Monthly Update – Oct 2018
October 2018 Economic Update
October 2018 Economic Update World equities sold off in October, based on a range of concerns. The two most important were the potential impacts of higher bond yields, and the prospect of the U.S. or global business cycles running out of momentum. Higher bond yields...
Traders Edge – Wednesday 19th September
Overseas Market Report Wall Street has rebounded in a broad-based rally as investors brushed aside intensifying trade rhetoric between the United States and China. All three major US indexes closed higher on Tuesday following Monday's sell-off. Late on Monday, US...
Traders Edge – Tuesday 18th September
Overseas Market Report US stocks have fallen, led by declines in technology and consumer discretionary stocks as investors looked to President Donald Trump's announcement regarding tariffs on $US200 billion of Chinese imports. All three major US indexes were lower,...
Traders Edge – Monday 17th September
Overseas Market Report US stocks have ended little changed as financials rose with bond yields, while news that President Donald Trump instructed aides to proceed with tariffs on about $US200 billion of Chinese products limited gains. The S&P financial index was...