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Pre-Market Report – Wednesday 15th October US Markets mixed and volatile - SPI up 74! Gold pushes higher - BOQ raises dividend.

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Manage episode 513668765 series 2991632
Content provided by Marcus Today. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marcus Today or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

US stocks were mixed in overnight trade. Both the Nasdaq (-0.76%) and SP500 (-0.16%) declined. That result was better than the initial opening move, which suggested that bigger declines were likely. Argy bargy between the US and China is giving a mixed outlook for the trade war.

ASX set to rise 74 points. BOQ raises dividend. Sarah Hunter (RBA) speaks

Both US indices steadied later in the day. Solid US bank earnings from Wells Fargo and Citigroup no doubt helped sentiment toward both the market and broader US economy. Volume across both markets was average relative to the last month of trading. Oil declined nearly 2% after the International Energy Agency forecast a glut for 2026. Industrial metals in London were down. Gold moved to an all time high of US$4,138.

Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you.
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2053 episodes

Artwork
iconShare
 
Manage episode 513668765 series 2991632
Content provided by Marcus Today. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Marcus Today or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

US stocks were mixed in overnight trade. Both the Nasdaq (-0.76%) and SP500 (-0.16%) declined. That result was better than the initial opening move, which suggested that bigger declines were likely. Argy bargy between the US and China is giving a mixed outlook for the trade war.

ASX set to rise 74 points. BOQ raises dividend. Sarah Hunter (RBA) speaks

Both US indices steadied later in the day. Solid US bank earnings from Wells Fargo and Citigroup no doubt helped sentiment toward both the market and broader US economy. Volume across both markets was average relative to the last month of trading. Oil declined nearly 2% after the International Energy Agency forecast a glut for 2026. Industrial metals in London were down. Gold moved to an all time high of US$4,138.

Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you.
If you’re looking for personal financial advice, our friends at
Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.

Why not
sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

  continue reading

2053 episodes

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