Daily Market Reports

FNArena is one of few remaining truly independent providers of financial markets analysis, financial commentary and business news in Australia. Our Latest Financial News is not based on ASX lodgements or corporate press releases, but more so on updated views, insights and responses from stockbrokers and other experts. Our Daily Reports focus on practical and impartial share market news today. FNArena is not aligned with any financial institution, hence the moniker “independent”. We have a long history of publishing out-of-consensus views and market analysis. Our quest is not to be bullish or bearish, but to correctly assess future trends.

Previous Reports

The Overnight Report: Don’t Mention Oil

May 20 2008

The Dow gave back a 100 point rally to be up 40 when one chip-maker pointed to the Nymex.

The Overnight Report: The Battle With 200 Day Averages Continues

May 17 2008

The US share market closed the week with minor losses as continued strength in energy and resources offset weakness elsewhere in Friday’s session.

The Overnight Report: Of Data And Deals

May 16 2008

The Dow rose 94 points after selectively viewing mixed data and focusing on deal-making.

The Overnight Report: Cookin’ The Books

May 15 2008

America registered another benign CPI in April as gasoline prices fell 2%. Come again? The Dow rallied 66 points.

The Overnight Report: No Joy To Be Had

May 14 2008

The Dow fell 44 points last night as financials slipped again and oil went back up once more.

The Overnight Report: Oil Dips, Dow Runs, China Rocks

May 13 2008

The Dow gained 130 points last night as US dollar strength tipped oil over slightly.

The Overnight Report: The Financial Crisis Is Not Over

May 10 2008

The poor result from AIG sparked renewed concern in financials while oil hit US$126 and metals took a dive. The Dow fell 120.

The Overnight Report: Trying Hard

May 09 2008

The Dow managed a late gain to be up 52 as oil was higher yet again. Base metals had a slide.

The Overnight Report: The Rally Finds Its Tipping Point

May 08 2008

Last night the US dollar went up and so did the oil price. That was too much for Wall Street, which took profits before a SEC announcement accelerated losses in financials. The Dow fell 200.

The Overnight Report: It’s Only A Flesh Wound

May 07 2008

A housing warning from Bernanke, poor financial profit results and US$122 oil ensured the Dow rallied 50 points last night.

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