Trading insights on share trading, forex trading, cfd trading and options trading. Powerful insights from our Wealth Advisers at PhillipCapital Australia.
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
Australian Share Market Highlights. In case you missed it, January was a month with the lot - Upgrades, downgrades, great results, bad results/acquisitions to mention a few.
The previous week the Aussie market POPPED and this week just gone the US markets POPPED on Friday with the largest fall since BREXIT. We have been on alert for this and its finally occurred. The Australian market has been leading the way for a change.
India’s trade exposure to UK is well lower than EU. About 3.5% of India’s total exports are to the UK, and only 1.5% of total imports are from the UK. When compared to the EU, exports and imports total is around 13% and 10% respectively. On the Macro front, there is...
Read more about Brexit and India’s Economic Growth
If you are unaware, the UK voted to leave the EU and we have seen MASSIVE moves in currency and stock markets worldwide. The UK PM has resigned and Obama had to reassure US markets that everything is still ok. The ripple effects of this are still to play out and uncertainty will continue for a little longer yet. One thing is for sure ...
Read more about Market Commentary - 27 June 16 - BREXIT Edition