US Rate Hike Expected Tomorrow

US stocks were higher overnight with the Dow Jones the better performing of the two major indices. Both the Dow and S&P 500 made new record highs although both closed slightly down from the highs...

Nasdaq 100 Outperforms

US stock markets continue to climb even as a rate hike by the Federal Reserve looms for Thursday morning (AEDT). The Dow Jones closed up 0.2% while the S&P 500 was up 0.3%. Although these weren’t...

Bitcoin Futures Begin Trading

Both the Dow Jones and S&P 500 climbed approximately 0.5% on Friday. The ASX 200 also climbed on Friday, closing just below the 6,000 level at 5,994. US markets are again breaking record highs a...

Australia Trade Balance Barely In Surplus

Without a doubt, the biggest moving instrument last night was bitcoin which surged from US$13,700 to a high of $16,600 (depending on which exchange you look at). Bitcoin exchanges were strugglin...

Australia GDP Below Expectations

The Dow Jones and S&P 500 fell slightly overnight while the Nasdaq 100 closed up 0.45%. After a week of declines the Nasdaq was due for a rally with Tesla (TSLA) being one of the biggest gainers...

Australia Retail Sales Stronger Than Expected

The two major US indices were down overnight while the Nasdaq 100 gave back early gains to close flat. Big tech names have had a rough week with Microsoft (MSFT) down 4%, Netflix (NFLX) down 7.3...

Iron Ore Continues Bull Run

Both the S&P 500 and Dow Jones opened higher overnight following the passage of the tax bill that will cut the corporate rate to 20% but stocks drifted throughout the day such that the S&P 500 cl...

Iron Ore Climbs to Ten Week High

US stock markets had a volatile session as news that a former national security adviser was ready to testify against a senior member of Trump’s government in relation to the Russia probe. This ca...

OPEC Reaches Oil Cut Agreement

US stock markets finished November with a bang. The Dow Jones and S&P 500 both made new record highs with the Dow closing the session 1.4% higher. The Nasdaq 100 struggled to make back yesterday’...

FANG Stocks Suffer Large Falls

The Dow Jones was the only of the three major indices to close higher overnight. The S&P 500 was virtually flat while the Nasdaq 100 was down 1.7%. Netflix (NFLX) was down 5.5% while Facebook (FB...

DISCLAIMER: Rivkin aims to provide clear and simple information to those visiting our website. If any part of this disclaimer does not make sense, please phone Rivkin and ask to speak with a member of our Dealing and Relationship Management Team. Rivkin provides general advice, securities and derivatives dealing services and accounting administration services. Rivkin does not provide advice that takes into account your, or anybody else's, investment objectives, financial situation or needs. We strongly suggest that you consult an independent, licenced financial advisor before acting upon any information contained on this website. Investing in and trading securities (such as shares listed on the ASX) and/or derivatives (such as Contracts for Difference or 'CFDs') carry financial risks. CFDs carry with them various additional risks that differ from more simple securities such as fully-paid company shares. Some of these risks include not owning the underlying instrument from which a price is being derived, settling trades 'over the counter' with a financial institution rather than on a stock exchange, and using leverage to gain access to trades that may have a higher face value than your initial deposit. This risk of leverage means that it is possible to lose more than your initial investment. Our aim is to create more life choices for our clients, which means improving the wealth of clients throughout many market cycles by nurturing a relationship spanning many years. If you are not comfortable with your understanding of the risks involved before using a Rivkin product and service, please contact our office to seek further information or a Product Disclosure Statement, or make an appointment to sit with one of our friendly financial experts. It is in our interest for your Rivkin experience to be a rewarding and comfortable one. Rivkin is a trading name of Rivkin Securities ABN 87123290602, which holds Australian Financial Services Licence No. 332 802.