Market Pulse

Morning market update – 22 January, 2015

The Australian market looks set to open higher later this morning, following strong gains on overseas markets overnight and rises in commodity prices. The March SPI futures contract is up 41 points, at 5384. Eurozone stocks were boosted by reports that the ECB may launch a bigger stimulus program than expected, while British equities moved

Morning market update – 21 January, 2015

The Aussie market is poised to open higher later this morning, following gains on European and US stock markets overnight. The March SPI futures contract is up 17 points at 5277. Europe’s leading stock markets got a boost from expectations of further European Central Bank stimulus and better investor confidence in Germany. Locally, mining giant

Morning market update – 14 January

The Aussie market is poised for a third consecutive losing session today, after U.S. markets lost ground overnight and oil continued its recent slide. After opening sharply higher, the Dow turned negative as oil continued to be hammered to fresh lows. Oil hit a near six-year low as the United Arab Emirates defended OPEC’s decision

Morning market update – 13 January

Local shares are poised to drop at the open as iron ore and oil extended their recent routs amid oversupply and flagging global demand. US stocks finished lower as oil prices showed no sign of escaping their downward spiral, prompting further losses in the beleaguered energy sector. Losses were broad in the US equity market,

Morning Market Update 12 January

The Australian market looks set to open lower later this morning after falls on Wall Street on Friday night following a mixed jobs report. The March SPI futures contract is down 40 points, at 5382. The US economy added a solid 252,000 jobs in December, but analysts were concerned at weak wage growth. Hourly earnings

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