The Australian share market eked out slight gains on Friday and is within a whisker of the index’s all-time high at 7,406.20, reached only 5 weeks ago on 16 June. At the closing bell, the… Read More

The Australian Dollar bulls displayed their first round of challenges towards the US$0.7370-80 and hit an intraday high at US$0.7396, which was followed by a modest retreat, but unfortunately, failed to close above this level… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude oil prices rebound, continues into a third consecutive day and clears the $71 a barrel mark, which has ‘technically’ negative the downside call. The bearish… Read More

The precious yellow metal scored modest gains late in Thursday’s season, after hitting a one-week low at $1,792 and only just a few dollars away from the key technical support level at $1,786-88. A retreat… Read More

U.S. stocks eked out modest gains on Wall Street on Thursday, extending the market’s bullish streak into the third consecutive day and keeping all three major U.S. indexes on course to close out the week… Read More

Australian shares are poised to a mixed opening on Friday, as Wall Street’s main indexes managed to eke out a small positive rise towards the close and are now within 1% of their record closing… Read More

The Australian share market booked solid gains on Thursday, building on a Wall Street’s rally that followed the session to end on a bullish cheer after posting a new record close, boosted by Energy, Materials… Read More

The Australian Dollar bulls stepped in unexpectedly on Wednesday, as the safe-haven US Dollar, which measures its value against a basket of six major currencies, tumbled from its 93.00-60 objective, after posting a new 16… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude oil prices, rebounds more than +4% Wednesday, extending gains from the previous session as improved risk appetite provided support despite data showing an unexpected rise… Read More

The precious yellow metal finished lower after choppy trade on Wednesday, while the safe-haven US Dollar also eased away from 16-week highs, as ‘risk appetite’ return back to stocks, however, inflation fears and concerns about… Read More

U.S. stocks rose Wednesday, extending the previous session’s rebound, as several strong earnings figures help buoy sentiment after Monday’s steep selloff sparked by concerns over increasing coronavirus cases. At the finishing bell, on the New… Read More

The Australian share market is expected to stage a further rise on Thursday as Wall Street extends the previous session’s rebound, as several strong U.S. earnings figures captured investors attention away from the rapid spread… Read More

The Australian share market elevated out of the bearish trenches on Wednesday after a major comeback on Wall Street on Tuesday, with U.S. stocks rebounding sharply from Monday’s sell-off. Except for industrials and information technology,… Read More

The Australian Dollar took further casualties on Tuesday and slipped to a fresh eight-month low against the greenback at US$0.7298. On the COVID-19 front, new cases are rebounding in the U.S. as the COVID-19 Delta… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude oil prices, slid further on Tuesday after an industry report showed an unexpected build-up in U.S. oil inventories last week, which heightened worries about a… Read More

The precious yellow metal was directionless on Tuesday as the US Dollar Index (US DXY), which tracks the greenback strength against a basket of six currencies, reclaims its 93.00 objective and posts a new 16… Read More

Wall Street made a comeback on Tuesday with all three major indexes rising more than +1%, recovering much of the ground lost in the previous session, as the S&P 500 recorded its best day in… Read More

Australian shares are set to open higher, bolstered by gains on Wall Street, with the S&P 500 recording its best day in nearly four months, as investors stepped in to ‘buy the dip’, after yesterday’s… Read More

The Australian sharemarket sank further into negative territory for the second consecutive day and posted a fresh seven-week low of 7,205 as the COVID-19 Delta variant continues to rattle investors. At the closing bell, the… Read More

Having reached/crushed the US$0.7365-70 support level, the Australian Dollar took further casualties on Monday and languished to an eight-month low against the greenback at US$0.7320, as fundamentals and technical factors weigh on the AUD/USD pair…. Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude oil prices, plummeted below the key $69.50 level, crushing $68.70 next target and traded as low as $65.50 during the Monday session, posting its worst… Read More

The precious yellow metal sank for a second straight session to an intraday low of $1,794 per ounce on Monday, before reigniting bullish activity in front of the key bearish trigger level at $1,786-88. The… Read More

Wall Street returned from the weekend and sank into a sea of red on Monday, as investors fear that the Delta coronavirus variant could threaten the U.S. economic recovery. At the finishing bell, on the… Read More

Fears over the increased spread of the Delta variant of COVID-19 has spooked investors on Wall Street as the main indexes tumble as much as -2% on Monday, with the Dow posting its worst day… Read More

The Australian share market kick starts the week in negative territory; after a choppy session on Monday, the index finished below the waterline amid rising COVID-19 cases and worries about the economic damage from prolonged… Read More

The bearish sentiment continues to weigh on the Australian Dollar as it now teases the US$0.7365-70 support area. Still remaining on the back foot to the start of the new week could see a rebound… Read More

West Texas Intermediate (WTI), the benchmark for New York-traded crude oil prices, tumbled in the early Asia session on Monday, with prices falling more than -1%. Meanwhile, over the weekend, the Organization of the Petroleum… Read More