CommSec Daily Report Tuesday
Latest News Selling has intensified for local shares on Tuesday with the escalation of US-China trade tensions. China announced that it will retaliate against the US tariff hike by lifting tariffs on $60 billion of US imports from June 1. US markets fell sharply overnight with the Dow Jones dropping more than 600 points and…
CommSec Daily Report Monday
Latest News Local shares have started the new trading week lower despite US shares finishing last week in positive territory and defying a better start as indicated by the SPI Futures. The ASX 200 is down 23 points or 0.35% to 6288 but is recovering from its lows on the open. US shares rebounded strongly…
CommSec Daily Report Friday
Latest news Aussie shares are lifting from a slow start, with the ASX 200 up 0.28 per cent at lunch. While this is enough for the index to break through 6,300pts, it falls short of pushing the market into positive territory this week. Gains from mining and energy stocks are making the biggest difference. The…
The Daily Fix – The rhetorical war keeping risk buyers firmly away
Trade tensions dominate the narrative, its all anyone is talking about. And, while most public policy analysts ultimately see a positive resolution, and many even see a near-term wind back of tariffs, there is no doubt the actual process is breaking down. It surprising that the ASX 200 is actually up 0.4% today, but that’s…
Bitcoin Completes Three-Month Winning Streak
Investors in Bitcoin celebrated at the end of April, with the month ending in over 30% gains for the cryptocurrency. That meant Bitcoin had its first three-month winning streak since the last quarter of 2017, making it something of a vindication for those who signalled the end of the bear market on the digital currency…
