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Showing 41 - 50 of 410 results for "CMC Markets"

Market Wrap PM

AAP  |  FRIDAY, 24 APR 2015
... around one per cent as optimism about a possible turnaround for commodities offsets a lacklustre lead from overseas. CMC Markets chief market strategist Michael McCarthy said indications the People's Bank of China was committed to keep the world's second ...

Market wrap

AAP  |  MONDAY, 13 APR 2015
... strong offshore leads on Friday, including a big General Electric asset sale adding to the US market's deal wave. CMC Markets chief market analyst Ric Spooner said it had been a moderate start. "Some buyers are being encouraged by the risk-on moves we ...

Market wrap

AAP  |  FRIDAY, 10 APR 2015
... narrow range around 5,900 points since interest rates were kept on hold. Offshore markets provided positive leads but CMC Markets chief market analyst Ric Spooner said it was a neutral day without any conviction for investors. "Since the RBA meeting ...

Market wrap

AAP  |  WEDNESDAY, 18 MAR 2015
... pressure on energy stocks. "It's one of the big drags on the market - down more than one per cent in trading today," CMC Markets chief strategist Michael McCarthy said. Woodside Petroleum was down 19.5 cents at $34.40, Santos was 11 cents worse off at ...

Market wrap

AAP  |  WEDNESDAY, 11 MAR 2015
... rise in June have hurt the US and Australian equity markets and a stronger US dollar is weakening commodity prices, CMC Markets chief market analyst Ric Spooner said. "The market is firming up expectations of a US interest rate hike," he said. "A stronger ...

Market Wrap PM

AAP  |  TUESDAY, 10 MAR 2015
... Australian sharemarket is higher buoyed by strength from the major banks and despite weakness in the resources sector. CMC Markets chief analyst strategist Michael McCarthy said the local bourse was bouncing back after Monday's negative momentum with ...

Market wrap

AAP  |  MONDAY, 9 MAR 2015
... economy added 295,000 jobs in February, pushing the unemployment rate down to 5.5%, the lowest level since May 2008. CMC Markets chief market analyst Ric Spooner said the US jobs news was the key driver behind the Australian market's fall. "The reason ...

Market wrap PM

AAP  |  THURSDAY, 5 MAR 2015
The local bourse has opened in the red following losses from market heavyweights BHP Billiton and Rio Tinto. CMC Markets chief strategist Michael McCarthy says the market was correcting itself to improve its chances of breaking through the 6,000 points ...

Market Wrap PM

AAP  |  WEDNESDAY, 18 FEB 2015
... by the big banks. The local market opened higher following gains on Wall Street amid optimism on Greek debt talks. CMC Markets chief analyst Ric Spooner said banks were amongst the leading performers at the open, with CBA, Westpac and NAB up. "We are ...

Market Wrap AM

AAP  |  THURSDAY, 22 JAN 2015
... chopping around violently on Wednesday as tensions grow leading into the final announcement on Thursday afternoon," CMC Markets UK analyst Jasper Lawler said. "The size of this QE package is absolutely crucial for the markets and how the markets will ...