Aussie Gold miners are up today. Resolute Mining Ltd [ASX:RSG] is up by close to 15% today at time of writing. Gold Road Resources Ltd [ASX:GOR] has also jumped by 4% and St Barbara Ltd…
Global Market News, Updates and Analysis
The ASX doesn’t move in isolation. Frequently we see sell-offs in the US stock market lead to sell-offs on the ASX. We cover recent factors driving the performance of the ASX include things like Brexit, the Federal Reserve interest rates, and commodity prices. Here you can find our coverage of global markets, usually related back to the Australian stock market. We include snippets of world market news with analysis to paint the picture.
We also look at major movements in currency markets (forex) for clues about which way global markets are heading.
This includes the Aussie dollar in relation to major crosses such as the USD, the GBP, the JPY, and the CNY.
We discuss movements in bond markets as low interest rates force investors to search for yield.
Occasionally we will talk about emerging markets too, as trends here can tell us more about global growth.
So when we talk about global markets, whether that be the Chinese economy (which is increasingly debt laden), the US market or even the ailing Japanese and EU markets, we aim to cut through the typical narrative.
We are contrarian because investing with the herd often leads to poorer returns.
What’s the relationship between the ASX and global markets?
Sometimes action is sector specific.
For example, when the US tech sector gets pummelled Aussie tech stocks frequently also decline.
But broad-based moves, driven by trade war/deal developments, also sweep up ASX-listed stocks in their wake.
What is The Rum Rebellion’s perspective on global markets?
We present a variety of views on global markets at The Rum Rebellion.
Not all our editors think alike.
But what you can be certain of is that we are not an establishment media outlet.
We all agree that globalisation has left many investors empty handed — hoodwinked by low interest rates and technocratic manipulation.
To make our point, we use informative charts and profiles of major companies.
We aim to dig beneath the surface and go behind the headlines that you will find in mainstream financial news outlets.
By following our coverage here, you can understand major trends in global markets as well as any warning signs (or opportunities for profit) we spot along the way.
Getting caught up in the daily price movements of gold is dangerous. Unless you’re a bullion trader that shifts bullion tons by the minute, the daily price moves are irrelevant to you. By focusing on…
Is this the end of the bull market? It’s a sea of red out there. Mostly everything is down today. Overnight, US stock indices plunged over 9%, European over 12%. The S&P/ASX 200 has plummeted today by 6%, at time of writing. Oil is down. Gold and silver are down. Even shares for companies that, … Read More
Can a debt addled financial system survive the twin shocks of a pandemic and a collapse in energy prices? Or will it need the support of something much more solid than the paper money system…
Almost every major global stock market index is in…or about to fall into…a bear market. Only a few assets, like precious metals, have weathered this storm. Gold, for example, has again proven to be worth…
Yesterday, Publisher James Woodburn issued a ‘Stop Press’ announcement. ‘Due to the historic recent market price action, we are ceasing the normal publishing schedule’, he said. That means from today onwards, we’ll be sending you special updates on the unfolding market action. To kick things off, we have a special video recording for you. In … Read More
Once again, history tells us that during these times, those with the stomach to buy are usually rewarded over the long term.
At time of writing the ASX 200 is down 2.4%. It’s now down 12.6% since the sell-off began in earnest two weeks ago, on Friday, 21 February. Where do you invest during the current stock…
Now there’s finally been a great study at the University of Hong Kong by four economists. China’s been systematically overstating its GDP growth…
What we’re dealing with right now — and it is unique — is the actual definition of a black swan: a quick moving phenomenon (in this case, COVID-19) that has a pronounced and unpredictable effect…