Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.
All eyes will be on France this weekend as they go to the polls. Their system is a little different to our own. If there is no clear cut winner when they vote on Sunday then there will be a round two of voting in two weeks’ time between the top 2 candidates. The winner of this will become France’s new leader. Why is this of any concern to us or the markets you may be wondering?
The ASX200 closed at 5854, down 0.6% in this shortened week of trading. The resource sector saw strong selling earlier in the week as iron ore and coal prices declined. Investors were also cautious of political tensions between America, China and North Korea.
Read more about Phillip Capital Market Wrap 21-04-17
Tatts- suitors are getting more excited – Brambles pallets are delivered on time and on budget – Motor car sales stall – Challenger impresses with annuities.
Up till 2:30 PM this Friday, Aussie dropped 572 pips this week about 0.7%. Current rate is 0.7529. Watch this video on AUD USD news update from our advisers.
Read more about AUD USD News - Weekly Forex Report - 21/04/17
Believe It or Not – Business conditions are the best since the Global Financial Crisis. Latest updates on Australian stock market news - BHP, TPG, Cimic, Telstra shares and more.
Read more about Australian Stock Market News – BHP, TPG, Telstra Shares & more
We are 6 weeks on from the all-time highs made on the 1st of March for the US markets and have been working lower ever since. We are seeing a rotation for the moment from the US into other markets. More report on this using stock charts technical analysis.
Reserve Bank Relaxed – but its blood pressure rises as housing prices heat up – US economy cruising – Australian Industry Groups surveys deliver the trifecta – retail sales wallets...
Highlights: Our Market in a purple patch – while the DOW Jones just keeps on keeping on – Brexit, It’s more than a word – Solomon Lew shops at Myer again – W.A engineering construction falls off the proverbial cliff – Ramsay Health Care gets a new head surgeon – Vocus sells Macquarie Telecom.
Read more about Australian Stock Market News – BHP, MYER, Vocus Shares and more
Tuesday 21st March 2017 turned out to be an important date for the US markets as they suffered their largest one day fall in over half a year. This coincided with the Equinox which was mentioned last week “The markets can change trend around this time”.
It’s only child’s play – but it pays off for Premier’s Smiggle – While SEEK Snuggles up to Swinburne – Fish oil from Canola, “you cannot be serious?” – Childcare...
Read more about Australian Share Market News, Report and Stock tips – 24 Mar 17