Latest news with #CommSec

Sky News AU
4 days ago
- Business
- Sky News AU
US and European markets ‘drift lower' following trading session
CommSec's Tom Piotrowski claims US and European markets 'drifted lower' following their recent trading sessions. 'We saw US and European markets drift lower. There wasn't much conviction one way or the other as far as buyers or sellers were concerned,' he told Sky News Australia. 'On Wall Street, we had losses of about a quarter of a per cent for the S&P 500 and the Nasdaq; the Dow was down by about a half of one per cent.' Presented by CommSec.

News.com.au
5 days ago
- Business
- News.com.au
Global equity markets see quite an ‘upbeat tone' following Trump's EU tariffs decision
Global equity markets have seen quite an 'upbeat tone' over the last couple of days after US President Donald Trump delayed his 50 per cent tariffs on the European Union, according to CommSec's Tom Piotrowski. 'That saw other markets do quite well, but Wall Street was off for a long weekend on Monday, so this is the first opportunity in the floor session if you like that they've had to respond to this news,' he told Sky News Australia. 'The futures were higher in after-hours trade, but US markets were able to build on already solid gains.'

News.com.au
6 days ago
- Business
- News.com.au
Markets ‘celebrate' after Donald Trump delayed 50 per cent EU tariffs
There's been a 'celebration' from investors globally following 'something of a reprieve' on the tariff front, according to CommSec's Tom Piotrowski. 'The US administration has delayed the imposition of tariffs on EU imports by a month,' he told Sky News Australia. 'That's been celebrated in Europe in particular – you saw the German market rally by 1.7 per cent.'

Sky News AU
6 days ago
- Business
- Sky News AU
Markets ‘celebrate' after Donald Trump delayed 50 per cent EU tariffs
There's been a 'celebration' from investors globally following 'something of a reprieve' on the tariff front, according to CommSec's Tom Piotrowski. 'The US administration has delayed the imposition of tariffs on EU imports by a month,' he told Sky News Australia. 'That's been celebrated in Europe in particular – you saw the German market rally by 1.7 per cent.' Presented by CommSec.

News.com.au
7 days ago
- Business
- News.com.au
US markets experience ‘volatile session' amid trade concerns
Northern Hemisphere markets experienced a 'volatile session' of trading, particularly in the United States, according to CommSec's Tom Piotrowski. 'Revisiting of trade concerns was at the heart of a decline for US markets,' he told Sky News Australia. 'So, you had the Nasdaq down by about a per cent, the S&P 500 down by almost three quarters of a per cent, the Dow Jones was down by about 0.6 of a per cent.'