Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Updated Product Disclosure Statement (PDS)

GO Markets Pty Ltd updated its Product Disclosure Statement (PDS). View our updated Product Disclosure Statement. The changes made to the PDS mainly relate to adding share CFDs to our offer. Please read and save a copy of this document for your records....

February 20, 2019
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MT4 to MT5: Is it Time to Make the Change?

In this brief article we explore the major differences between the MT4 and MT5 Trading Platforms in order to assist reader in deciding whether they should consider switching to the latest version of this established Forex gateway to the market. Do you have to make a switch now? The reality for now is that MT4 is still used widely by brokers and t...

February 18, 2019
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Earnings Report: Brambles Limited

The Logistics Company has reported a 27% decline in net profit (after tax) for the six months ended 31 December. The drop in profit is mainly due to higher costs on: Fuel Transport Brexit-proofing costs. The company was also deprived of the one-off tax benefit of US$130 million from a year ago. Below is a summary of key metrics: Sour...

February 18, 2019
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National Emergency

 By Deepta Bolaky President Donald Trump has declared a national emergency over the US-Mexico border swiftly after the spending bill was approved. It is not the first national emergency the US will face. Other situations of emergency were triggered by former Presidents like Barack Obama or George W Bush, but it was primarily for purposes of add...

February 18, 2019
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The Less-Dovish Central Bank

The Reserve Bank of New Zealand (RBNZ) made its first interest rate decision and monetary policy, but it was not what the market participants expected. The Central Bank did not follow the same dovish theme seen by other central banks. The Official Cash Rate (OCR) was left at 1.75%, as widely expected, and the RBNZ expects to keep the OCR at this ...

February 13, 2019
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Reserve Bank of New Zealand – First 2019 Policy Statement!

The Reserve Bank of New Zealand (RBNZ) will make its first interest rate decision for the year 2019. We will see the Press Conference, Rate and Monetary Policy Statement on Wednesday. Market participants are expecting the RBNZ to adopt the same dovishness seen lately by major central banks The Reserve Bank of Australia The Federal Reserve B...

February 12, 2019
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Bank of England Synopsis

Thursday the 7th of February saw Bank of England Governor, Mark Carney, stepped back up to the mark to take on a barrage of Brexit related economic questions after giving a speech about the BoE’s stance on their current assessment of the negotiations. Economy The speech started not looking so good for the UK economy, with the Governor stating t...

February 8, 2019
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The Royal Commission’s Mammoth Report

The bombshell report of the Royal Commission is finally out. The report depicts how the Banking, Superannuation and Insurance industries have treated their customers and employees. It highlights the expectations that customers should be compensated, while also addressing the need for financial services that break the law to be held accountab...

February 5, 2019
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Forex 10 Year Challenge

To begin the week, I thought we'd do something a little bit different. We have taken the current ten-year challenge sweeping social media and tried to apply it to a brief technical analysis summary of the major FX pairs. Where were they trading in early 2009? And where are they now? Judging by the list below, it would seem gold wins the gold...

February 4, 2019
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Australian Banking Industry

Australian Banking Industry The final report of the Royal Commission will be released just after the Australian market closes at around 4 PM! Hayne’s report will uncover the appalling practices and behaviour in the banking, financial services and superannuation industry. Today will be a crucial and brutal day for Australian Banking Industr...

February 4, 2019
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Boeing and Facebook Earnings

Boeing (BA) The Aerospace giant beat estimates and reported a record $101.1bn revenue for the year 2018. It is the first time that the company reports more than $100bn as annual revenue. Below is a summary of the fourth quarter earnings. Record revenue of $28.3 billion and record operating profit of $4.2 billion driven by higher volume Reco...

January 31, 2019
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Apple’s First Quarter Results

Today, Apple reported its First Quarter Results which was largely in-line with expectations, except for the iPhone revenue, which that fell slightly short of estimates. Quarterly revenue came at $84.3bn instead of $83.97bn forecasted. Compared to the year-ago quarter, it is a 5% decline. iPhone Revenue declined by 15% from the previous ye...

January 30, 2019
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A Busy End of the Month

US Government Shutdown President Trump has agreed to temporarily end the shutdown, putting an end to the most extended shutdown in US history. The three-week pause initially lifted investor sentiment and helped Asian stocks push higher on Monday’s open. It is reported that the shutdown cost the economy $11 billion, which includes approximatel...

January 29, 2019
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World Economic Forum: Buzzword – Populism

 The word Populism is probably the buzzword at the World Economic Forum this year. The headlines this week were heavily dominated by the concerns of the rise of populism around the globe. “Brazil’s Bolsonaro is the Face of Populism at the Davos Forum” “Merkel encourages multilateralism in the face of populism…” “Chrystia ...

January 25, 2019
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Preview: The European Central Bank Rate Decision

On Thursday, the European Central Bank will announce its first policy decision of the year on whether to increase, decrease or maintain the interest rates. The decision is scheduled to be announced at 12:45 PM UK time. Why Is The Announcement Important? The European Central Bank is the central bank for the Eurozone, the countries which have adopt...

January 23, 2019
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