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Aussie dollar takes a dive as risks rise

Aussie dollar takes a dive as risks rise

A mixed and topsy-turvy week for equity markets with Aussie and US markets trading sideways whilst European and Asian markets fell. Investors continued to take profits whilst concerns also rose regarding the US election and rising virus infection rates.In local...
Investors disappointed with lack of new stimulus

Investors disappointed with lack of new stimulus

Local and global equity markets weakened this week as investors wanted to see more stimulus from central banks but got platitudes instead. Central banks were clearly dovish in their statements but held fire on new rounds of stimulus. In local stock news, Rio...
Tech sector gets the wobbles as profit taking continues

Tech sector gets the wobbles as profit taking continues

Tech sector gets the wobbles as profit taking continues Local and global equity markets largely fell this week as profit taking and concerns regarding technology company valuations continued. Tesla shares plunged during the week after index provider S&P...
Profit taking sees sharp Tech sector falls drive markets lower

Profit taking sees sharp Tech sector falls drive markets lower

Profit taking sees sharp Tech sector falls drive markets lower  Local and global equity markets took a sharp u-turn lower overnight and today, pushing the market into the red for the week, as investors took significant profits from an overbought technology...
US Fed announces significant policy change

US Fed announces significant policy change

US Fed announces significant policy change MARKETSGlobal equities rose this week whilst Australian equities treaded water as investors digested Australian company reporting season. In local stock news, Suncorp shares rose even though the company reported a...