Stocks were mixed and benchmark Treasury yields slid overnight as disappointing earnings from Google and mixed economic data counterbalanced easing jitters of a spreading global trade war.
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
Australian Shares Rise as Mining Stocks Gain on China’s Tariff Response
Australian shares advanced on Wednesday as China’s measured response to U.S. tariffs lifted mining stocks. The S&P/ASX 200 gained 0.6%, or 47.6 points, to 8421.6 by mid afternoon, recovering from recent declines. The All Ordinaries Index rose 0.7%, with nine of the 11 sectors trading higher.
This week’s dramatic tariff announcements targeting Canada, Mexico, and China bear all the hallmarks of Donald Trump’s signature negotiation playbook. The former president’s threat to impose 25% tariffs on Canada and Mexico, along with 10% on Chinese imports, perfectly demonstrates the negotiation tactics he outlined in his 1987 bestseller.
Stocks traded higher overnight as investors digested the easing of Trump threats that investors thought could start a trade war between China and and a slew of quarterly corporate earnings.
Dive into the world of ETFs and exchange rate risk, where the Aussie dollar dances with global currencies, creating opportunities and challenges for your portfolio.
Anticipating next week’s company earnings and economic figures.
ASX Earnings kick off this week with CBA JBH CSL and NST
Stay informed on the latest financial updates and trends with MPC Markets
Jonathan Tacadena interviews MPC Markets resident AI Guru, Kai Chen, to explain all things AI.
From the basic terminology, history, Large Language models (LLM) and how they work and why Deepseek is so important
Palantir Technologies jumped 22% after reported upbeat guidance and better than expected fourth-quarter results
Stocks finished lower overnight, but well above Asian session lows after President Donald Trump’s decision to pause tariffs on Mexico eased fears somewhat about the economic impact of a bruising global trade war.
The latest tariff policy proposed by Donald Trump aims to reshape global trade relationships by imposing higher import duties on goods from key trading partners.
Several stocks may potentially benefit from the recently announced US tariffs on imports from Canada, Mexico, and China. Here are some sectors and companies that could see positive impacts:
