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Major super funds caught in fraud scandal
... by the syndicate, along with LUCRF Super and Club Plus. The brokers involved have been reported to be CMC Markets, IG Markets and CommSec. Australian Federal Police and ASIC conducted investigations into the syndicate's activities for over a year. ...
Share market's rally comes to an end
AAP  |  FRIDAY, 17 JUL 2015
... than expected earnings reports from tech companies including Google and Netflix lifted the Nasdaq to a record high. IG Markets chief markets strategist Chris Weston said investor confidence was returning to global markets. "Some of the big macro concerns ...
Australia stocks tumble on commodity falls
AAP  |  THURSDAY, 9 JUL 2015
... market comes after a bruising session for US stocks, with all 30 members of the blue-chip Dow Jones index falling. IG Markets chief market strategist Chris Weston said concerns about falling commodity prices, such as iron ore, were a major contributor ...
Insync with beer
Insync Funds Management chief investment officer Monik Kotecha is joining the list of people saying it makes sense for Australian's to invest in highly profitable alcohol-related companies. Within the last six months Insync bought back in to AB InBev ...
Market Wrap AM
AAP  |  THURSDAY, 7 MAY 2015
... personified perfectly today, with the FTSE 100 oscillating with little sense of direction," said analyst Josh Mahony at IG Markets in London. "With only one day to go until election day, markets have shown the same kind of indecision that is plaguing ...
Market wrap
AAP  |  THURSDAY, 2 APR 2015
... at the port of Qingdao was $US49.53. "That means things will be a lot tougher on the revenue front for Australia," IG markets strategist Stan Shamu said. "It means a lot of domestic pressure and will probably force the RBA's hand to cut rates." With ...
Market Wrap PM
AAP  |  THURSDAY, 26 MAR 2015
... territory with pain from the banks and mining giant BHP Billiton. "There's a big sell-off - particularly in the banks," IG Markets strategist Evan Lucas said. He said heavy losses in US markets overnight was driving the local bourse down. "We saw over ...
Market wrap
AAP  |  THURSDAY, 19 MAR 2015
... coming months. "The Fed's very dovish tone has certainly moved expectations on the idea of rate cuts for Australia," IG Markets strategist Evan Lucas said. "We've got a 100 per cent chance of getting a rate cut by May, and now a 50 per cent chance by ...
Market Wrap AM
... sharemarket is in the red after initially opening higher, dragged down by the miners and weak leads from Wall Street. IG Markets strategist Evan Lucas says the market is muddled by a slight bounce back in the bank, healthcare and diversified financial ...
Market wrap
... "Commodities overnight were smashed in London and also Chicago, so that's certainly pushing the materials space down," IG Markets strategist Evan Lucas said. Among the major miners, BHP Billiton was down one per cent at $33.63, while Rio Tinto lost 0.8% ...
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