australian equity market

Local market was aimless and flip flopped with US futures all day to finish mainly flat. Currency, Commodity and global sentiment remains weak. The historical trend...

Local market ran into some profit taking after a big run yesterday. We continue to see miners and short covering leading the way while currency and bond proxies are...

Local market ran on positive China and US data before short covering pushed it to the best one day performance since Nov 2016 before RBA watered it down. Banks were up...

Local market ran into a brick wall after lunch despite solid China data. China Caxin Manufacturing data was better than expected and in expansion territory…good for...

Market Summary Local market ran into a brick wall after global market sentiment flopped on the last day of the financial year. Commodities had another good...

Local market had another cracker day on the back of better commodities and higher rates outlook. Commodities had another good night with Iron Ore leading the...

Local market started positive and maintained the pace with better commodities and higher rates outlook. US market remains the overhang and NASDAQ falls to the 50 day...

Local market fell on the open before recovering to finish flat. Resources and Financials help to hold the market from profit taking in the big industrial sectors. The...

Local market opened positive on better commodities and currency before pulling back to finish flat. Commodities drove market higher while banks gave up initial...

Local market had a relief bounce with very little sentiment. Commodities were holding while currency pulled back. We saw a lot of short covering driving up...

Local market had a relief rally after recent bashing. Sentiment remains volatile…time to stay on the sidelines and wait for some of the optimism to unravel and pick up...

US corporate profits are in an upturn, according to proprietary leading indicators from Morgan Stanley and Citi. Thus US equities should remain in an uptrend too, all...

Local market ran into a brick wall with weak global sentiment, bond yields and currency. Time to stay on the sidelines and wait for some of the optimism to unravel and...

Local market finished negative with Asian markets as the bank ratings downgrade hit home despite positive US markets. The best performing sectors were Retail,...