MARKET OPEN: Offshore events to dominate

MARKET OPEN: Offshore events to dominate

Offshore events will dominate sentiment as headlines continue to roll about US President Donald Trump’s battle with covid-19, the impact on the US election and ongoing US fiscal stimulus negotiations.US markets were unsettled after news the US leader and his wife had tested posit...

Rebecca Howard 05 Oct 2020
MARKET OPEN: Better night on Wall Street to help sentiment
Markets

MARKET OPEN: Better night on Wall Street to help sentiment

The local market may trade in positive territory after Wall Street recovered some of its losses on renewed hopes of further coronavirus-related fiscal stimulus.

Rebecca Howard 25 Sep 2020
MARKET OPEN: Kiwi pressured by possible rate cut in Australia
Markets

MARKET OPEN: Kiwi pressured by possible rate cut in Australia

The kiwi dollar is under pressure on increasing expectations that not only will the Reserve Bank cut rates, but Australia’s central bank is gearing up to do the same.

Rebecca Howard 24 Sep 2020
MARKET OPEN:  Covid-19 announcement top of mind
Markets

MARKET OPEN: Covid-19 announcement top of mind

Markets will tread water ahead of the government’s review of the current covid-19 restrictions and after US markets ended in the red on Friday.

Rebecca Howard 21 Sep 2020