Quotes from the news wire:
Nonetheless, markets are still incredibly nervous and some sharp market moves are likely over the next 24 hours.
Found on Reuters 8 years ago
If we continue to see steady buying in financials and the materials and energy sectors hold up, the ASX could finish the final session for the week in positive territory.
Found on Reuters 8 years ago
The market seems to be nervous about U.S. data holding up better than expected and two Fed speakers coming out and being hawkish for a rate hike in June, that has sent some jitters through the market.
Found on Reuters 8 years ago
A lot of investors seem to be indicating that this might be the low point for ANZ and that had a positive impact on the index and the view that the worse maybe over for financials.
Found on Reuters 8 years ago
Commodities are likely to drive the pullback in equities today, with materials and energy stocks in for a difficult session, we will quite likely see credit spreads widen again today, as the oil price has been a major driver for high yield credit.
Found on Reuters 8 years ago
That seems to be driving some buying into the material space.
Found on Reuters 8 years ago
Chinese data showed further weakening across the board, but it is clear that government spending and a recovery in the real estate market are helping hold up growth, china looks to be returning to a very familiar investment and real estate-driven growth pattern, somewhat at odds with their claims of economic rebalancing.
Found on Reuters 8 years ago
Chinese data out over the weekend showed further weakening across the board, but it is clear that government spending and a recovery in the real estate market are helping hold up growth, china looks to be returning to a very familiar investment and real estate-driven growth pattern, somewhat at odds with their claims of economic rebalancing.
Found on Reuters 8 years ago
China looks to be returning to a very familiar investment and real estate-driven growth pattern, somewhat at odds with their claims of economic rebalancing.
Found on Reuters 8 years ago
U.S. financials were the top performing sector in the S&P 500 overnight, and a lot of that bullishness has spilled over to Australia. We have had a strong performance from the banks, which make up 48 percent of the index market capitalisation, after all this, Q4 Australian GDP beat estimates quite significantly, which adds fuel to the bullish view on the Australian economy.
Found on Reuters 8 years ago
The big question is do we see a pick up in the second quarter once China does pass through the seasonal disruption, but at the moment there is little hope for that to happen in any significant way.
Found on Reuters 8 years ago
We haven't seen a sharp selloff as one might have expected and partly this is reflective of just how oversold levels are at the moment in the market and people were just looking for a bounce, but I do think as we slowly digest (the Chinese data), perhaps a bit of selling might come into the market in the afternoon.
Found on Reuters 8 years ago
Volumes have been very light at the moment, but that has seemingly been positive news for markets across the region.
Found on Reuters 9 years ago
After a strong U.S. and European session, Asian markets are all looking for further gains today, volumes have been very light at the moment, but that has seemingly been positive news for markets across the region.
Found on Reuters 9 years ago
Energy stocks have obviously benefited from some of these geopolitical tensions, which have put some of the risk premium back into the oil price, they have come down a little bit in Asian trade, but nonetheless we did see a pretty strong performance in the energy sector over in the S&P 500 overnight, so that's obviously led into Asia and certainly onto the ASX.
Found on Reuters 9 years ago
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