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|... economic data out of the US and good financial results from ANZ and wealth manager Macquarie Group, IG market strategist Stan Shamu said. "Investors are quite happy with the (US) GDP reading that came out much better than expected," he said. "That's ...|
|... had a chance to recover during the day to post its eighth consecutive session of gains, IG Markets market strategist Stan Shamu said. "It's a modestly weak start. We are, basically, tracking what happened in the US overnight," he said. "In Australia ...|
|... not scale back its asset purchase stimulus program at the end of this month have driven gains. IG market strategist Stan Shamu said the gains in Australian shares this week showed investors had tempered their worries about geopolitical threats and the ...|
|... rates are still expected to rise in the first half of 2015, decreasing the appeal of equities, IG market strategist Stan Shamu said. "There is a massive unwind with global growth concerns, the US starting to tighten, Europe is in a very bad place and ...|
|... is risk-on today, with good gains in the materials space and a bit of a pickup in the banks," IG market strategist Stan Shamu said. Mr Shamu said trading ahead of the release of official monthly jobs figures might be cautious, with the market looking ...|
|... the conflict in Iraq and Syria, and the prospect of interest rate rises in the US in 2015. But IG market strategist Stan Shamu said those drivers were nothing new and markets were currently being driven by sentiment, rather than news. "While there is ...|
|... confidence figures have fuelled speculation that the US Federal Reserve will hike interest rates soon. IG market strategist Stan Shamu said the weakness was spread across the Australian market on Monday. "There is just weakness all around, financials ...|
|... weighed down by a string of companies, including Woolworths and Brambles, trading ex-dividend. IG market strategist Stan Shamu said weak commodity prices were also hurting mining stocks. "We continue to see weakness in iron ore and gold and other commodities ...|
|... said at least 1,00 Russian troops were on the ground in Ukraine to help support the separtists. IG Markets strategist Stan Shamu said while investors are becoming more cautious due to the rising political tensions the Australian market remains relatively ...|
|... as they position for the next European Central Bank (ECB) announcement on economic stimulus. IG Markets strategist Stan Shamu said strong US economic data and potential stimulus in the Euro zone and Japan has put global equities in good place. "A lot ...|
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Pendal Group has made year-long fee cuts on two funds, as it sees the Reserve Bank of Australia holding the cash rate at the record-low of 0.25%.
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Standard & Poor's has downgraded AMP Limited's credit rating from BBB+ to BBB, with all AMP Group entities on CreditWatch with negative implications.
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ME Bank chief executive Jamie McPhee has resigned after weathering scrutiny over the bank's adjusting of redraw facilities for mortgage customers and its relationship with the industry funds that own it.
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At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views.
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