SPX500 closing in on new all time highs

Market News & Analysis Tonight’s High-impact economic news:10:30 pm AEST U.S. Retail Sales Data.Retail Sales – expected 0.2%Core Retail Sales – expected 0.1%   With the current up and down mood surrounding the markets, it’s quite surprising...

S&P500 returns to key support after Fed sell-off

Market News & Analysis This morning the Federal Reserve cut rates as expected so why did we see a sell-off in stocks, the market was hoping for a rate cut right? The reason the S&P500 dropped 32.80 points or 1.09% was not due to the rate cut but more from the...

ASX200 & AUD higher as focus moves to RBA rate decision

Market News & Analysis High-impact economic news:2:30 pm AUD Cash Rate 40% expect cut to 1.25% – RBA Rate Statement Today’s RBA rate decision is now the focus after better than expected retail sales data helped maintain gains on the AUD and ASX200....