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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is up 36. ASX 200 Futures were up 38 this morning. Dow Jones finished up 129 on strong volumes. The Dow was up 153 at best. The Federal Open Market Committee minutes from the March 19/20 meeting were officially released after being leaked Tuesday early afternoon. The minutes suggested “several FOMC members saw […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

US wholesale inventories were down 0.3% in February — the biggest decline in almost 1.5 years. The forecast was for a 0.5% lift.

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

Dow Jones finished up 48 on low volumes. The Dow was up 48 at best and down 67 at worst. Consumer discretionary stocks were the best performers.

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

Orica is looking to gain almost $100 million in future land sales at its Deer Park manufacturing site in Melbourne as part of new restructure plans.

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MORNING MARKET REPORT |

Morning Market Report

The market is down 23. Our futures were up 16 this morning as the Dow Jones finished up 56 on below average volumes. The Dow was up 75 at best and down 12 at worst on soft economic data. Non-farm payrolls and other major employment data is out tonight. US new claims for unemployment insurance […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The beleaguered Cypriot Finance Minister has resigned as an inevitable probe into the country’s economic crisis got underway.

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

Apple was down for the fourth consecutive day after its CEO was forced to apologise for the company’s iPhone warranty and repair policies in the Chinese market after criticism over customer service levels.

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

Market sentiment was soft in the wake of the ongoing inability for Italian politicians to get a government in place.

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The US Case Shiller home price index is now growing at its strongest annual rate in over six years.

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The eurozone deal to bail out Cyprus has spooked the markets.

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is up 36 with financial stocks making strong gains on the back of the Dow Jones closing up 91 on Friday and on news that the ECB has set Monday as their deadline for when they will cut off ECB liquidity needed to keep Cypriot banks afloat. Reports advise that both a “good […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is up 23 as the banks bounce from the open on a Macquarie upgrade to sector earnings and on a Cypriot attempt to get around the bailout issue with new bills that will overhaul the bank sector while avoiding a deposit levy. Our Futures were down 35 this morning after the Dow Jones […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is down 3, having been up 32 early on. Our Futures were up 21 this morning as the Dow Jones closed up 56 and hit another intra-day record high. The Dow was up 91 at best on below-average volume. Cyprus’ financial future is being negotiated as we write. Positive comments from Bernanke and […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is down 35. Our Futures were down 25 this morning, with Goldman Sachs downgrading Rio Tinto (RIO) to a “conviction sell” and BHP to neutral in the UK, sending the UK quotes down 5% and 3.5%. BHP is down 2.8% this morning taking 10 points off the index and RIO is down 3.3%. […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is up 24, bouncing from its 105-point fall yesterday. Our Futures were up 37 this morning, with the Dow Jones down 62 last night on below average volume pulling back from its all-time high for the second consecutive session. The Dow was up 7 at best and down 110 at worst. The FOMC […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is down 65 after an 85-point rally on Friday with$3 billion worth of business done in the last couple of hours of trade. The “froth” from Friday has blown straight off today. We have been down 89 at worst. Futures were down 23 this morning, with the Dow Jones down 25 on Friday […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is up 56 following a 60-point fall yesterday. In a new period of volatility the ASX 200 has moved more than 50 points seven times in the last 17 trading days. Futures were up 18 this morning, with the Dow Jones up 84 overnight. The Dow was up 84 at best and notched […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is down 30. SFE Futures were down 2 this morning as the Dow Jones finished up 5 on below average volumes overnight. The Dow Jones was up 23 at best and down 38 at worst on better then expected economic data. All three sessions this week have seen US markets opening flat, with […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is down 12. SFE Futures were up 9 this morning as the Dow Jones finished up 3 on below average volumes overnight. US markets cooled off last night and saw some profit taking after seven straight sessions of gains and ahead of retail sales and trade balance data out tonight. The S&P 500 […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is down 8, having been up 17 on the open. SFE Futures were up 7 this morning as the Dow Jones finished up 50 on below average volumes overnight. The Dow was up 51 at best and down 24 at worst. Dow Jones on Friday was up 67 on jobs numbers well above […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is down 3. SFE Futures were up 20 this morning as the Dow Jones finished up 33 overnight. The Dow was up 58 at best and continues to make all-time highs. Wall Street has tonight’s non-farm payrolls and unemployment rate to look forward to — judging from yesterday’s ADP employment numbers and the overnight weekly […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is down 2 having been up 19 on the open. SFE Futures were up 20 this morning as the Dow Jones finished up 42 overnight. The Dow was up 67 at best and continues to make all-time highs. The Fed’s latest Beige Book commentary, ahead of the next FOMC meeting on March 19-20 […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is up 54. The Dow Jones was up 126 — highest close of all time on the Dow — 14,253, eclipsing the high of 14,198 hit in October 2007. It was up 159 at best on lighter than average volumes. SFE Futures were up 20 this morning. Global markets were helped overnight by news that Chinese government […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is up 77 recovering most of the 76-point fall yesterday. The Dow Jones was up 38 overnight. It was down 59 at worst and up 39 at best on lighter than average volumes. SFE Futures were up 32 this morning. China’s Shanghai Composite index closed down 3.7% yesterday in response to a decision […]

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MARCUS PADLEY | MORNING MARKET REPORT |

Morning Market Report

The market is down 25. Dow Jones was up 35 and traded within 70 points from its all time high overnight. SFE Futures were down 5 this morning. The Dow was up 53 at best and down 117 at worst. US economic data was generally better than expected on Friday but markets were cautious in […]

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