Stephen Cauchi

Stephen Cauchi

RBC tips oil to hit $US70 thanks to 'fragile five'

Stephen Cauchi Oil prices are set to recover to around $US70 per barrel thanks partly to strife in the "fragile five" oil producers, according to a paper from RBC Capital.

Six reasons the RBA won't cut rates: CBA

The current level of the Aussie is probably justified, says Commonwealth Bank chief economist Michael Blythe.

Stephen Cauchi The dollar's strong rise during the past month has given the Reserve Bank fresh reason for concern, but it's unlikely to prompt a rate cut, CBA says.

Banks tipped to fall further, especially NAB, ANZ

Rising bad debts aren't the only worry for bank investors.

Stephen Cauchi The banks were sold off heavily on Tuesday and there's more downside to come, according to analysts.

Shocking day for banks leads ASX back to 5000

With moves of over 2 per cent in either direction mid-week cancelling each other out, the benchmark S&P/ASX 200 index dropped 0.1 per cent on Friday and 0.6 per cent for the week.

Stephen Cauchi The Australian sharemarket was led lower by another vicious sell-off in the banks, as investors continued to punish the big four following ANZ's bad debt blowout.

Sugar rush as El Niño hits production

The next few months will be important ones for sugar.

Stephen Cauchi Sugar, Australia's second-largest export crop after wheat, has rebounded to 12-month highs.

Bring on helicopter drops of money for Europe and Japan, says Capital Economics

Is it time to use helicopter money? The debate been gathering steam.

Stephen Cauchi It could be the next monetary tool that central banks turn to, according to Capital Economics.

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Australian penny-pinchers reduce chance of housing crash

Altair chief economist Stephen Roberts argues saving is likely to remain high.

Stephen Cauchi Australia's savings rate has dropped to 2008 levels, but it's enough to reduce the chance of a severe housing correction.

ASX undented by Brussels attack

With moves of over 2 per cent in either direction mid-week cancelling each other out, the benchmark S&P/ASX 200 index dropped 0.1 per cent on Friday and 0.6 per cent for the week.

Stephen Cauchi Australian shares dipped, with banks and miners leading the market down, while the impact of the Brussels terrorist attacks was relatively muted.

Aussie pips US76c amid spat over 'jawbone'

The Australian dollar climbed above US76 cents after a speech by RBA governor Glenn Stevens.

Stephen Cauchi The Australian dollar continued to trade under US76¢ for most of Tuesday as speculation continued that the US Federal Reserve could raise interest rates as soon as next month.

New Zealand market a buy, even at record high: Macquarie

Macquarie said the equity market looked attractive on a dividend yield spread basis versus its historical track.

Stephen Cauchi The New Zealand sharemarket hit a fresh record high on Tuesday but the market's dividend yield still looks attractive.

Markets not worried about an early election

Stephen Cauchi An early election on July 2 is unlikely to impact markets too much - unless the Labor Party looks like winning.

Banks weigh on ASX, election news shrugged off

The S&P 500 and Dow Jones closed positive for the year on Friday for the first time in 2016, giving the Australian market a positive lead.

Stephen Cauchi Energy stocks and banks led the sharemarket lower, but investors shrugged off news of an early election.

ASX steady as investors await US Federal Reserve decision

The market was in the red early but good buying in the banks pushed the benchmark S&P/ASX200 index to close 0.1 per cent higher.

Stephen Cauchi Australian shares just managed to finish in positive territory on Wednesday, as investors await direction from the US Federal Reserve's rates decision.

Time to buy shares? 'Not yet', says Morgan Stanley

Morgan Stanley's note comes as noted

Stephen Cauchi Shares may have rallied hard over the past weeks, but Morgan Stanley says it's too early to dive back into equity markets.

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Shares higher on overseas leads and Telstra

The ASX started the week on a positive note, up 0.4 per cent on Monday.

Stephen Cauchi Banks and miners joined Telstra in driving much of the rise on the ASX 200, with energy stocks also looking up as the idea that the worst might be over for oil took hold.

ASX rises despite ECB 'shot in the foot'

The market was still in the red in the early afternoon, but from there the benchmark S&P/ASX200 lifted steadily upwards to close 0.85 per cent higher.

Stephen Cauchi Australian shares rose for a second consecutive week, as the outlook for commodities continued to improve and investors digested the European Central Bank's latest stimulus.

ASX investors hold their breath ahead of ECB

Moves of 2 per cent, up or down, aren't exactly common and so far in 2016 the index has recorded three sessions of that size.

Stephen Cauchi Australian shares ended marginally lower, as investors stuck to the sidelines ahead of a key policy decision by the European Central Bank.

Gold holds firm as US dollar, deflation worry investors

Stephen Cauchi Gold has continued to increase in price in February even as global equity and commodity markets recover from their early-year rout, which sent bullion soaring as investors scrambled for a safe-haven...

Big miners set to gain from iron ore spike

M&A activity and higher iron ore prices lifted mining companies on Monday.

Stephen Cauchi Fortescue and Rio Tinto are the preferred major mining stocks and still have upside after iron ore's overnight surge, according to Macquarie Bank.

Reality check as Fortescue leads ASX lower

Futures are pointing to a 1.6 per cent fall on the ASX 200 on Monday morning to 4850.

Stephen Cauchi After six straight sessions of gains, Australian shares fell as investors took profits in the big mining stocks despite a remarkable 19 per cent gain in the price of iron ore overnight.