Markets

Investors should capitalise on the best stock-picking conditions in ‘quite some time’ and buy on any election-related weakness, says an adviser at the world’s largest wealth manager

Investors should capitalise on the best stock-picking conditions in “quite some time” and buy on any election-related weakness, according to UBS’s Frank Panayotou. The financial adviser said on Monday that stocks in healthcare, industrials, consumer discretionary, and global markets look attractive to him right now. Markets will continue to be […]
Investors should capitalise on the best stock-picking conditions in ‘quite some time’ and buy on any election-related weakness, says an adviser at the world’s largest wealth manager
Markets

The ASX took a 2.2% hit this morning, as coronavirus panic sweeps markets

Global markets are reeling from coronavirus, as sharemarkets around the world selloff sharply. As cases in South Korea spiked, fear appears to have returned to the market, with the ASX falling 2.25% on Monday and losing another 2.2% in early trading on Tuesday. The Australian dollar meanwhile is buying just […]
The ASX took a 2.2% hit this morning, as coronavirus panic sweeps markets
Markets

Global markets are jittery as India-Pakistan tensions hit a near 50-year high

Global investors are jittery Wednesday as tensions between India and Pakistan continued to rise, with the upcoming summit between the US and North Korea providing further reason for caution. Pakistani officials said Wednesday that the country had shot down two Indian jets and carried out airstrikes on the disputed Kashmir […]
Global markets are jittery as India-Pakistan tensions hit a near 50-year high
Markets

Global stocks slide as Germany’s economy draws closer to a recession

Global stock markets are broadly lower Thursday as ongoing trade tensions, poor industrial data out of Germany, and an upcoming policy announcement from the Bank of England influence stocks. Moves so far are small, with Europe’s biggest faller on the day losing just 0.3% as of 9.15 a.m. in London […]
Global stocks slide as Germany’s economy draws closer to a recession
Markets

Global markets are pausing for breath after a whirlwind start to 2019

Global markets take a breather after three weeks of big gains and major losses. Stocks, particularly in Asia, are becalmed Wednesday, with no major Chinese index moving in excess of 0.1% on the day. “The four week rally in equities appears to have taken a breather, with a relative absence […]
Global markets are pausing for breath after a whirlwind start to 2019