S&P 500 ends 3-day losing streak. Dow jumps 700 points after Powell signals smaller rate hikes

Stocks saw broad gains Wednesday after Federal Reserve Chair Jerome Powell confirmed that the central bank will slow the pace of its aggressive rate-hiking campaign that has weighed on markets.…

Energy sector remains the market’s safe haven

US equities finished lower in Thursday trading, with the S&P 500 bouncing off its lowest morning levels, but trading in a narrow range through the afternoon before fading into the…

Do you want the good news or the bad news on the iron ore price?

Image source: Getty Images The iron ore price is lifting on Asian markets today following the latest inflation data from China. Given that iron ore is used to make steel…

Pre Market ASX Report 13/10/22

G’day folks and welcome to another trading day with your friendly, neighbourhood CMC Market Analyst!  For real-time up-to-date data/news/research/ideas/strategies, check out our insights panel on the CMC Markets NextGen platform and follow…

Portugal Moves Closer to Taxing Individuals on Short-term Crypto Gains

Portugal’s days of tax-free crypto gains may soon be over In its budget proposal for next year, the country is tackling a rising deficit and slowing GDP growth Portugal has…

Pre Market ASX Report 11/10/22

G’day folks and welcome to another trading day with your friendly, neighbourhood CMC Market Analyst!  For real-time up-to-date data/news/research/ideas/strategies, check out our insights panel on the CMC Markets NextGen platform and follow…