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Australian market expected to open higher 25/10/19
- October 25, 2019
OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 42 points. PayPal shares soared after the financial-tech company reported a jump in its user base and progress in making money from its Venmo service. Democratic senators are asking the Federal Trade Commission to investigate Amazon
READ MOREUS Dollar Falls as Fed Intervenes Again in the Repo Market 24/10/19
- October 24, 2019
US dollar index declined in overnight trading after the Federal Reserve surprised the market by injecting more funds into the overnight lending markets. The bank said that it would increase funds in the so-called repo market. It is an important market because it is where banks borrow cash in exchange for treasuries and other collateral.
READ MOREAustralian market expected to open flat 24/10/19
- October 24, 2019
OPENING CALL: The Australian share market is expected to open up. The SPI200 futures contract expected to open up 33 points. European Council President Donald Tusk is asking EU leaders to give the U.K. until Jan. 31 to ratify the Brexit agreement, with the bloc eager to end the Brexit saga but determined not to
READ MOREAustralian stocks decline after latest Brexit news and Hong Kong reports 23/10/19
- October 23, 2019
Asian stocks were mixed as the market reacted to the ongoing US earnings season. The earnings released to date have been relatively strong. Yesterday, excellent results by companies like Chipotle Mexican Grill and Proctor & Gamble showed that consumer spending is still at good levels. The market also reacted to yesterday’s happenings in the British
READ MOREAustralian market expected to open flat 23/10/19
- October 23, 2019
OPENING CALL: The Australian share market is expected to open flat. The SPI200 futures contract expected to open down 2 points. Mark Zuckerberg is set to appear before the House Financial Services Committee in a hearing focused on Facebook’s libra cryptocurrency plans. Lawmakers also are expected to ask about potential discrimination in how the company
READ MORELoonie Rises as Bruised Trudeau Prepares to Form Minority Government 22/10/19
- October 22, 2019
Asian stocks rose in early trading as the market remained upbeat about corporate earnings and hopes of a Brexit deal. This week, the market will receive quarterly results from more than a hundred S&P500 stocks like Boeing, McDonalds, Chipotle, and Microsoft. The results released so far have been promising, especially at a time when the
READ MOREAustralian market expected to open higher 22/10/19
- October 22, 2019
OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 20 points. Prime Minister Boris Johnson was set to put his Brexit deal to a vote in Parliament on Tuesday, in the first test of whether he was won over enough lawmakers to his plan to
READ MOREJapanese Yen Falls as Exports Decline for 10th Straight Month 21/10/19
- October 21, 2019
Asian and Australian stocks were mixed during the Asian session. In Australia, the ASX 200 index rose by 17 points while in Japan, the Nikkei rose by 54 points. US futures rose, with Boeing gaining 60 points. This week, the market will be receiving earnings data from a number of large companies. Some of the
READ MOREAustralian market expected to open lower 21/10/19
- October 21, 2019
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 14 points. Coca-Cola’s carbonated soft drinks are making a comeback, as the company’s third-quarter sales rose in large part thanks to variations on its namesake cola. A further slide in China’s economic momentum in the
READ MOREAustralian market expected to open lower 18/10/19
- October 18, 2019
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 13 points. Saudi Arabian Oil will delay its initial public offering, with the timing of the possible IPO pushed back to December or January, say people familiar with the matter. Johnson & Johnson and its
READ MOREAussie Rises, Stocks Fall After Mixed Jobs Numbers 17/10/19
- October 17, 2019
Australian stocks declined while the Aussie rose after the country released jobs numbers for September. The numbers showed that the unemployment rate declined slightly to 5.2% from the previous 5.3%. Employment change in the month increased by 26.2k, which was lower than the expected 15.3k. Full-time employment increased by 9,000 people while part-time employment increased
READ MOREAustralian market expected to open lower 17/10/19
- October 17, 2019
OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 14 points. Johnson & Johnson has offered to pay about $4 billion to settle all lawsuits in the U.S. accusing the company of contributing to the opioid-addiction epidemic U.S. government-bond prices rose intraday after worse-than-expected
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