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.
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.
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.
In today’s action, Asian and Aussie stocks are in the red. But not by much. That’s mostly due to investors’ faith that the world’s central banks will pull enough levers to keep any pullback from…
With central banks fuelling the longest stock market bull run in history, investors have grown accustomed to the old ‘bad news is good news’ mantra. Vern believes most Australians should sell all of their stock…
You’d be forgiven for thinking that nothing can dampen the irrational exuberance driving the bull markets. Never mind that the coronavirus — optimistically reported to be on the wane just this morning — now appears…
History clearly shows that markets (in the past) rise and fall. The duration of each bull and bear cycle varies…but one thing is abundantly clear…they all end. Then the next cycle starts…
The numbers show a clear decline in Argentina’s money – the peso. One US dollar would bring you 30 Argentine pesos a year ago. Now, it’s worth 60. But as we saw last week, although…
Interest in cryptocurrencies tends to rise along with their prices. Both bitcoin and ether have had a stellar 30–day run. We lean towards the fact that bitcoin is approaching its next halving…
RIO is now underperforming the broader market. Is this a sign that the commodities bull market that got underway in early 2016 is now over?
The biggest toll of the lethal coronavirus may remain centred in Hunan, China. But the fallout is being felt across the world. Global stock markets are swinging from gains to losses and back just as…
This new coronavirus has been and will continue to affect China’s economy and its Asian trading partners China’s stock market had been on holiday since 23 January, due to the outbreak.
China’s huge debt burden isn’t an existential issue for China right now. And it might not be for a few more years. But the market will see it coming from a mile off.