AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
It can be assumed that the investors are now maintaining their focus towards the earnings season. Not so long ago, the global market players welcomed the dovish comments from the US Federal Reserve as the central bank stated that they would be patient with respect to the interest rate increases. These comments from the Chairman Mr. Jerome Powell was much awaited as the global investors were having fears about the global economic slowdown. However, the global market trackers also need to closely track the news about the trade battle between the US and China. This battle has significantly impacted the broader Chinese economy and, according to the market players, the Chinese officials need to announce certain measures which could help the economy of China.
On February 6, 2019, Dow Jones Industrial Average closed the session in green as the index witnessed the rise of 172.15 points or 0.68% to close at 25,411.52. In addition, S&P 500 Index also closed in green as it rose 12.83 points or 0.47% to close at 2,737.70.
What You Should Know Regarding Oil Prices?
The global investors need to consider several factors while understanding the movement in oil prices. The oil prices are very much sensitive to the macro-economic variables as well as the movement of the financial markets. Moreover, considering the present scenario, the market players also need to consider the conditions with regards to the global oil supply. The negative momentum in the global financial markets might also lead to a fall in the oil prices which makes the movement of the financial markets a critical component for understanding the oil prices. These prices are also sensitive to the news concerning trade battle between the US and China. A permanent settlement might support the oil prices and the settlement could also improve the sentiments of the global market players.
How Markets in Australia Performed?
The Australian markets closed the session marginally higher today. On February 6, 2019, S&P/ASX200 wrapped up the session in green as the index closed at 6026.1 which implies the rise of 20.2 points or 0.3%. Moving forward, the Australian markets would continue to be sensitive to the news about broader Australian economy as well as to the global marketsâ performance. The stocks like Viva Energy Group Limited (ASX:VEA) as well as Bellamyâs Australia Limited (ASX:BAL) ended the session in green as they have witnessed an increase of 13.766% and 5.336%, respectively.
On the other hand, stocks like oOh!Media Limited (ASX:OML) as well as Northern Star Resources Limited (ASX:NST) wrapped up the session in red as they encountered the fall of 4.545% and 3.759%, respectively. Centuria Metropolitan REIT (ASX:CMA) had come forward and informed the market players about its results for 1H FY2019. Read the full news here. Also, Alacer Gold Corporation (ASX:AQG) had made an announcement about annual financial and operating results. Read the full news here.
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a companyâs prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkineâs team of analysts bought you handpicked report for âTop 25 Dividend Stocks For 2018.â
ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.
Click here to get your free report.
Disclaimer
This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.
