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…
CommSec Daily Report Friday
Latest NewsAussie Market opens higher – Local shares are rebounding from three straight sessions of losses and shrugging off a mixed lead from Wall Street. The Dow closed 0.5% higher while the tech heavy Nasdaq closed a touch lower. The ASX 200 opened around 0.45% or 26pts higher but has come back to be 6pts…
CommSec Daily Report Thursday
Latest newsAustralian shares are losing ground for a third day, with the ASX 200 index down by 0.4 per cent and is approaching 5900pts. Developments in the US seem to be influencing Australian shares most at the moment and follows a meaningful pullback for US shares overnight.A slide in Boeing’s share price accounted for around…
CommSec Daily Report Wednesday
Latest NewsEarly trade on Wednesday saw local shares continue the retreat that featured a day early. The ASX 200 opened the session with a loss of 7 points before trading to a 52 point loss at the worst levels of the morning. Thereafter buyers showed little inclination to make an impression on the market and…
CommSec Daily Report Friday
Latest NewsLocal shares are rallying for a second straight session on a number of global factors. The ASX 200 is has gained another 0.55% or 32 points, following on from yesterday’s 0.7% gain, to trade at 5973 points. Overnight, US President Donald Trump announced details of the tariffs on steel and aluminium imports with US…
CommSec Daily Report Thursday
Latest NewsLocal shares shrugged off a volatile session on Wall Street overnight to start Thursday’s session with a solid gain. The ASX 200 started the session with a gain of loss of 7 points before trading with a gain of 36 points at the best levels of the morning. The local index posted a loss…
CommSec Daily Report Monday
Latest NewsLocal shares started lower for a third consecutive session on Friday, reflecting another session of losses for US stocks. US sharemarkets fell after President Trump announced new tariffs. In late US trade the US President announced a 25% tariff will be imposed on foreign steel and 10% tariff on aluminium. The Dow Jones ended…
CommSec Daily Report Friday
Latest NewsThe Aussie market has started the month of March on a weaker tone with the ASX 200 51 points or 0.85% lower to fall below 6000 points at 5964. This follows on from yesterday’s 0.7% drop. US markets didn’t provide a positive lead with the main indices all weaker overnight. February was the worst…
CommSec Daily Report Thursday
Latest NewsThe Aussie market has started the month of March on a weaker tone with the ASX 200 51 points or 0.85% lower to fall below 6000 points at 5964. This follows on from yesterday’s 0.7% drop. US markets didn’t provide a positive lead with the main indices all weaker overnight. February was the worst…
‘What we make of it’: Labour’s Corbyn to outline Brexit vision Monday
Opposition Labour leader Jeremy Corbyn will on Monday call for Britain to keep tariff-free access to the EU after Brexit, arguing that withdrawal from the bloc is ‘what we make of it’, according to excerpts of his speech..Corbyn will call for ‘a bespoke relationship’ with the European Union that appears to mirror the bloc’s current…
