Overnight, the AUD fell 1.4% to hit 70.72 US cents. At the time of writing it’s trading at 70.45 US cents. The Australian Dollar has been recording falls against the US dollar for the last…
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.
If ever you wanted concrete evidence negative rates are coming, here you have it… The aim of negative rates is to discourage savings and encourage spending. In theory, this will get that CPI needle moving…
The losing streak continues for oil with some of the major ASX-listed oil companies down today. At time of writing Woodside Petroleum Ltd [ASX:WPL] is down by 2.23%, Santos Ltd [ASX:STO] fell by 3.26% and…
It’s now been over a century since Edison made his prediction, and we are having a resurgence. We’ve seen technology advancements in batteries and the revival of the electric vehicle.
The oil industry is certainly at a crucial point. While oil prices are up slightly today after Hurricane Sally hit US oil producers, the big question is demand.It’s likely to stay low with the pandemic…
This is your test drive of the New World Order in which all private relationships are restricted and mediated by the state.
This is a question every investor needs to seriously consider: Is the history-making US market building to one of those ‘Black’ days…like Black Monday or Black Thursday?
This weekend, as expected, the Trump Team came forward with more ways to spend the money it doesn’t have. Today, we look at where this all leads…
Printing money by itself does not create hyperinflation. Psychology and private sector debt loads exert significant influence over the pricing mechanisms within an economy. The longer the economic disruption continues, the greater the deflationary forces.