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Showing 1 - 10 of 10 results for "Kyle Rodda"

Global markets shaken by war

ELIZABETH MCARTHUR  |  FRIDAY, 25 FEB 2022
... overnight, with analysts keeping a close watch on the conflict's impact on companies and economies. IG market analyst Kyle Rodda said he views the current situation as a growth and inflation shock, one that is difficult to price in because the situation ...

Markets slump as US jobless claims hit 30m

ALLY SELBY  |  FRIDAY, 1 MAY 2020
... recovered all of its March losses." These four sectors are energy, financials, industrials and REITs. IG market analyst Kyle Rodda said Australia's bourse was also set for a disappointing day of trade. "It's the final day of the week, but a new month ...

Markets react as antiviral drug disappoints

ALLY SELBY  |  FRIDAY, 24 APR 2020
... 867,459 confirmed cases of the coronavirus in the US, while deaths in the country near 50,000. However, IG market analyst Kyle Rodda said the disappointing antiviral drug news shouldn't have surprised investors. "Given Gilead has said from the start ...

ASX suffers worst quarter in over a century

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
... among our factor indices, with the S&P/ASX 200 Quality index outperforming its benchmark by 12% in March," it said. Kyle Rodda, market analyst at IG, said yesterday marked the end of a turbulent quarter for global financial markets. "All-time highs and ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... disruption in credit markets - it could choke those businesses which have been so lucrative," he said. IG market analyst Kyle Rodda told Financial Standard financials have been hit here just as much as they have globally. "The bank stocks have been hit ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... sentiment is being reflected in Australian markets today, which have risen despite a history of following US moves. Kyle Rodda, market analyst at IG told Financial Standard we should refrain from thinking this is the case. "Volatility is currently at ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... as its confirmed coronavirus deaths rose to 463, with more than 9172 confirmed cases of the virus. IG market analyst Kyle Rodda said global markets conditions are "panicked". "Already vulnerable amid the unfolding coronavirus crisis, Saudi Arabia's ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... have been infected by the virus globally. As the saying goes, in every problem there is opportunity. IG market analyst Kyle Rodda told Financial Standard that he had seen an increase in short interest in China-focused companies. "This virus and the way ...

Analysts remain wary as ASX breaks 7000

ALLY SELBY  |  FRIDAY, 17 JAN 2020
... third day straight. At the time of writing, the S&P/ASX 200 was up 0.51% or 35.90 points to 7077.70. IG market analyst Kyle Rodda told Financial Standard that the market was overvalued. "Price is moving aggressively ahead of fundamentals," he said. "Valuations ...

Gold lifts as US, Iran tensions escalate

ALLY SELBY  |  TUESDAY, 7 JAN 2020
... making gold a "safe haven" or safe store of value for investors as global growth slows. However, IG market analyst Kyle Rodda said gold isn't always a safe haven. "To be honest, this view is probably not categorically true, with market dynamics driving ...
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