Market Pulse

Morning Market Update: Soft Start

There was a broad retreat on global markets overnight amid heightened tension ahead of tonight’s crucial Fed meeting in the US. The FOMC meeting is scheduled to conclude at six am Melbourne time tomorrow morning, and expectations are that officials will provide more concrete guidance on how they intend to reduce stimulus. A stronger than

Morning Market Update: Positive Start On The Cards

Global markets began the new trading week with a solid rally after data showed growth in the world’s key manufacturing regions. In the US, the S&P500 snapped a four session losing streak after data revealed New York-area manufacturing rebounded in December after sliding in November. The eurozone manufacturing index also indicated increased activity among European

Morning Market Update: Weaker Into New Week

Friday night’s modest gains on Wall Street were not enough to prevent the benchmark US indices from logging their worst week in nearly four months. The gains were driven mostly by a budget deal in the US House of Representatives that would avert another government shutdown for almost two years. The Dow rose 16 points

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