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Showing 301 - 310 of 2971 results for "Overnight"

Strong USD reflects (deflects) lift-off

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2015
... horses... the Dow, the S&P 500, the Nasdaq, and the Russell 2000 don't seem to like it - all declined by more than 1% overnight on the "good news". Apart from the "fact" that a crawling economy keeps the Fed's generosity flowing ("patient"), the reason ...

Share market flat

AAP  |  FRIDAY, 22 MAY 2015
... Luxury fashion retailer Oroton plunged 54 cents, or 21%, to $2.02 after cutting its earnings forecast. On Wall Street overnight, the S&P 500 closed at a new record following strong earnings from Best Buy and news that CVS Health would acquire senior ...

Running on neutral

BENJAMIN ONG  |  FRIDAY, 22 MAY 2015
... see here today. Go away and enjoy a long lunch or plant a tree. This applies to equity markets seeking direction from overnight activity on Wall Street. The Dow Jones Industrial index weaved and bobbed through intra-day trade before finally closing sharply ...

You can forget June

BENJAMIN ONG  |  THURSDAY, 21 MAY 2015
... supports Chicago Fed pres Charles Evans' argument for a lift off "until sometime in early 2016" in his speech in Munich overnight. "Inflation is too low... The FOMC should refrain from raising the federal funds rate until there is much greater confidence ...

Miners weigh on share market

AAP  |  WEDNESDAY, 20 MAY 2015
... adviser Michael Heffernan said market heavyweights BHP and Rio were lower because iron ore and oil prices were soft overnight. "BHP and Rio are both down more than two per cent - that's what's caused the market to go down," Heffernan said. In the resources ...

Tug o' currency war

BENJAMIN ONG  |  WEDNESDAY, 20 MAY 2015
... adjustment in the path of inflation". And off the euro went, diving down by 1.4% against the US dollar to US$1.1155 in overnight trade. It's fallen some more as I scribble to US$1.1147. From a 2015 exchange of around US$1.20, the euro dropped to a low ...

Market wrap PM

AAP  |  FRIDAY, 15 MAY 2015
... iron ore prices. The market has recovered from Thursday's losses with investors shrugging off a dip in iron ore prices overnight, CommSec market analyst Steven Daghlian said. "The major miners are leading gains despite falls in iron ore overnight," he ...

Superannuation tax concessions unsustainable: Bowen

DARREN SNYDER  |  FRIDAY, 15 MAY 2015
... "being realistic". "We're talking about some of the things we'd like to achieve, we're being honest that it won't happen overnight and we are being realistic that it will take tough decisions hence us making announcements like our multinational tax ...

Follow the money

BENJAMIN ONG  |  FRIDAY, 15 MAY 2015
... presently "quite high", and what do we get? We get the S&P 500 index closing at a new all-time record high of 2121.10 points overnight. The headlined rationale is that the US jobless claims report reported overnight is good for the economy but the accelerating ...

No downing the dollar-A

BENJAMIN ONG  |  THURSDAY, 14 MAY 2015
... dollar jumped from US$0.7937 before the Budget to US$0.7977 yesterday... and jumped some more to a high of US$0.8124 overnight. The dollar-A is fetching US$0.8121 as I scribble. It's a double whammy for the dollar-A. The "feel good" factor from the "go ...