CommSec Daily Report Tuesday
Latest newsAussie shares are lifting for a third day on Tuesday, with the ASX 200 up 0.16 per cent following a positive lead from Wall Street overnight. While the local market is in its third consecutive week of gains, it has had a habit of losing momentum most afternoons which is a sign investors are…
CommSec Daily Report Thursday
Latest NewsWall Street swung between heavy losses on the open with the Dow Jones staging its biggest comeback in six weeks. US markets all opened significantly lower after China unveiled potential retaliatory tariffs of its own against US imports totalling US$50 billion and targeting 106 products including soybeans, aircrafts and whiskey. The Dow was as…
CommSec Daily Report Thursday
Latest news Aussie shares have faded from a better start this morning, with the ASX 200 down by close to 0.2 per cent after a lacklustre performance for US equities overnight. This is the final trading day before the long weekend, the last day of the month and we are only a couple of days…
CommSec Daily Report Wednesday
Latest NewsAfter a reprieve a day earlier, sellers returned to push the local sharemarket lower in early trade on Wednesday. The ASX 200 opened the session with a loss of 5 points before trading 51 points lower at the worst levels of the session.Utilities and Property Trusts were the only two ASX sectors to trade…
Gambling ad ban during sport starts Friday
Gambling ads will be banned from sports broadcasts after legislation cleared federal parliament The ban on gambling promotions from five minutes before the start of a sporting event until five minutes after – between 5am and 8.30pm – come into effect from Friday. It’s part of a series of broadcast and content reforms that passed…
Brexit campaigners breached UK vote rules, lawyers say
Brexit campaigners breached UK law to channel more funds to a data analysis firm ahead of the EU referendum, according to evidence outlined on Monday by whistleblowers’ lawyers.‘There is a prima facie case that the following electoral offences were committed by Vote Leave in the EU referendum campaign,’ said a 50-page document presented by London…
CommSec Daily Report Tuesday
Latest newsAustralian shares are off to a better start on Tuesday thanks to worries over a trade war between the US and China easing (for now) overnight. The ASX 200 is up 0.5 per cent, lifting for the first time in four days and bouncing off five week lows hit in recent days.Despite today’s gains,…
CommSec Daily Report Friday
Latest NewsUS market tumbled overnight following President Trump’s signing of a memorandum to order US$60 billion worth of tariffs on Chinese exports to the US. The US trade deficit with China was US$375 billion in 2017. The US Trade Representative (USTR) now has 15 days to come up with a proposed list of products that…
Trump to announce China trade sanctions on Thursday
President Donald Trump is poised on Thursday to unveil sanctions against China for the ‘theft’ of US intellectual property, a White House official said, teeing up a second potential confrontation in as many months.Spokesman Raj Shah told AFP that Trump will announce actions following an ‘investigation into China’s state-led, market-distorting efforts to force, pressure, and…
UK should postpone Brexit, key MPs say
A key committee of British MPS say Brexit should be postponed because there may not be enough time to strike a deal with the European Union before Britain leaves the bloc a year from now. The Exiting the EU Committee says if major aspects of the future relationship remain unsettled by October, Britain should seek…
