Ric Spooner

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7d
Zero Hedge
Global Central Bank-Driven Stock Rally Fizzles; Crude Rebounds On Saudi Oil Production Cut Reportagreement, it’ll probably be a token deal where nations agree to a production c
Global Central Bank-Driven Stock Rally Fizzles; Crude Rebounds On Saudi Oil Production Cut Report
Zero Hedge / Posted 7 days ago
agreement, it’ll probably be a token deal where nations agree to a production cap near the upper limit of capacity,” said Ric Spooner, an analyst at CMC Markets in Sydney. “The market is still in surplus and hasn’t yet arrived at a... Read more
8d
TheBull
Shares power to two week highby central bank decisions in Japan and the US during the week to keep interest
Shares power to two week high
TheBull / Posted 8 days ago
by central bank decisions in Japan and the US during the week to keep interest rates on hold. CMC Markets chief analyst Ric Spooner said the market gathered momentum through the afternoon. "Given the general momentum we have seen across asset... Read more
54 related stories
11d
TheBull
Aust shares make small gainglitch-free session after technical issues caused huge interruptions to trade o
Aust shares make small gain
TheBull / Posted 11 days ago
glitch-free session after technical issues caused huge interruptions to trade on Monday. CMC Markets chief market analyst Ric Spooner said investors were largely in a holding pattern ahead of the Bank of Japan's monetary policy decision due on... Read more
54 related stories
11d
Market Watch
Asian markets pause ahead of BOJ, Fed decisionsreflected the uncertain balance between risks and rewards heading into this wee
Asian markets pause ahead of BOJ, Fed decisions
Market Watch / Posted 11 days ago
reflected the uncertain balance between risks and rewards heading into this week’s central bank meetings, said Ric Spooner, chief market analyst at CMC Markets. Australia’s central bank indicated Tuesday it would keep interest rates on... Read more
11d
The Globe and Mail
Oil climbs as Venezuela sees output deal, Libya suffers clashesrise in oil prices is a reaction to Venezuelan comments about producers reachin
Oil climbs as Venezuela sees output deal, Libya suffers clashes
The Globe and Mail / Posted 11 days ago
rise in oil prices is a reaction to Venezuelan comments about producers reaching a possible output agreement, said Ric Spooner, CMC Markets’ chief market analyst. Loading disruptions in Libya were also underpinning the market, Spooner... Read more
423 related stories
12d
Daily Herald
Asian stocks higher as Fed, Bank of Japan in focusgo as far as lifting its rate this week, it remains possible that it could move
Asian stocks higher as Fed, Bank of Japan in focus
Daily Herald / Posted 12 days ago
go as far as lifting its rate this week, it remains possible that it could move to a more explicit tightening bias," said Ric Spooner, chief market analyst at CMC Markets. CENTRAL BANK ACTIONS: Investors do not expect the Federal Reserve to raise... Read more
30 related stories
12d
The News & Observer
Asian stocks higher as Fed, Bank of Japan in focusgo as far as lifting its rate this week, it remains possible that it could move
Asian stocks higher as Fed, Bank of Japan in focus
The News & Observer / Posted 12 days ago
go as far as lifting its rate this week, it remains possible that it could move to a more explicit tightening bias," said Ric Spooner, chief market analyst at CMC Markets. CENTRAL BANK ACTIONS: Investors do not expect the Federal Reserve to raise... Read more
30 related stories
12d
FOX Business
Oil Rises On Output Deal Optimismrise in oil prices is a reaction to Venezuelan comments about producers reachin
Oil Rises On Output Deal Optimism
FOX Business / Posted 12 days ago
rise in oil prices is a reaction to Venezuelan comments about producers reaching a possible output agreement, said Ric Spooner, CMC Markets' chief market analyst. Loading disruptions in Libya were also underpinning the market, Spooner... Read more
423 related stories
12d
FOX Business
Oil Rises On Output Deal Optimismrise in oil prices is a reaction to Venezuelan comments about producers reachin
Oil Rises On Output Deal Optimism
FOX Business / Posted 12 days ago
rise in oil prices is a reaction to Venezuelan comments about producers reaching a possible output agreement, said Ric Spooner, CMC Markets' chief market analyst. Loading disruptions in Libya were also underpinning the market, Spooner... Read more
423 related stories
12d
TheBull
Hardware failure behind ASX turmoiloverall turnover, but said average daily turnover this year had been about $4.6
Hardware failure behind ASX turmoil
TheBull / Posted 12 days ago
overall turnover, but said average daily turnover this year had been about $4.6 billion. CMC Markets chief market analyst Ric Spooner doubted traders would have lost that much because there was no market moving news on Monday morning. "There are... Read more
54 related stories
12d
USA Today
Asian stocks higher as Fed, Bank of Japan in focusgo as far as lifting its rate this week, it remains possible that it could move
Asian stocks higher as Fed, Bank of Japan in focus
USA Today / Posted 12 days ago
go as far as lifting its rate this week, it remains possible that it could move to a more explicit tightening bias,” said Ric Spooner, chief market analyst at CMC Markets. CENTRAL BANK ACTIONS: Investors do not expect the Federal Reserve to raise... Read more
30 related stories
12d
CTV News
Asian stocks higher as Fed, Bank of Japan in focusgo as far as lifting its rate this week, it remains possible that it could move
Asian stocks higher as Fed, Bank of Japan in focus
CTV News / Posted 12 days ago
go as far as lifting its rate this week, it remains possible that it could move to a more explicit tightening bias," said Ric Spooner, chief market analyst at CMC Markets. CENTRAL BANK ACTIONS: Investors do not expect the Federal Reserve to raise... Read more
30 related stories
12d
TheBull
Glitches, hitches halt Aust share marketoverall turnover, but said average daily turnover this year had been about $4.6
Glitches, hitches halt Aust share market
TheBull / Posted 12 days ago
overall turnover, but said average daily turnover this year had been about $4.6 billion. CMC Markets chief market analyst Ric Spooner doubted traders would have lost that much because there was no market moving news on Monday morning. "There are... Read more
54 related stories
12d
Bdnews24.com
Oil climbs as Venezuela sees output deal, Libya suffers clashesrise in oil prices is a reaction to Venezuelan comments about producers reachin
Oil climbs as Venezuela sees output deal, Libya suffers clashes
Bdnews24.com / Posted 12 days ago
rise in oil prices is a reaction to Venezuelan comments about producers reaching a possible output agreement, said Ric Spooner, CMC Markets' chief market analyst. Loading disruptions in Libya were also underpinning the market, Spooner... Read more
423 related stories
12d
Daily Herald
Asian stocks higher as Fed, Bank of Japan in focusgo as far as lifting its rate this week, it remains possible that it could move
Asian stocks higher as Fed, Bank of Japan in focus
Daily Herald / Posted 12 days ago
go as far as lifting its rate this week, it remains possible that it could move to a more explicit tightening bias," said Ric Spooner, chief market analyst at CMC Markets. CENTRAL BANK ACTIONS: Investors do not expect the Federal Reserve to raise... Read more
30 related stories
12d
Business Standard India
Oil climbs as Venezuela sees output deal, Libya suffers clashesrise in oil prices is a reaction to Venezuelan comments about producers reachin
Oil climbs as Venezuela sees output deal, Libya suffers clashes
Business Standard India / Posted 12 days ago
rise in oil prices is a reaction to Venezuelan comments about producers reaching a possible output agreement, said Ric Spooner, CMC Markets' chief market analyst. Loading disruptions in Libya were also underpinning the market, Spooner... Read more
423 related stories
13d
Canberra Times
Iron ore hits the skids as miners, banks wrangle over supplyprices. "Prices appear to be responding to the potential for increased supply
Iron ore hits the skids as miners, banks wrangle over supply
Canberra Times / Posted 13 days ago
prices. "Prices appear to be responding to the potential for increased supply as we move into the fourth quarter," said Ric Spooner, chief market analyst at CMC Markets in Sydney. "The risk looks to be to the downside now. It's certainly... Read more
14d
The Age
JB Hi-Fi shares climb on Good Guys dealgoods and electronics competitor. The shares were up 6.3 per cent, or $1.80, a
JB Hi-Fi shares climb on Good Guys deal
The Age / Posted 14 days ago
goods and electronics competitor. The shares were up 6.3 per cent, or $1.80, at $30.30 at noon. CMC Markets chief analyst Ric Spooner said profit taking by some investors was preventing JB Hi-Fi shares from hitting last week's all-time high of... Read more
38 related stories
14d
Sydney Morning Herald
JB Hi-Fi shares climb on Good Guys dealgoods and electronics competitor. The shares were up 6.3 per cent, or $1.80, a
JB Hi-Fi shares climb on Good Guys deal
Sydney Morning Herald / Posted 14 days ago
goods and electronics competitor. The shares were up 6.3 per cent, or $1.80, at $30.30 at noon. CMC Markets chief analyst Ric Spooner said profit taking by some investors was preventing JB Hi-Fi shares from hitting last week's all-time high of... Read more
38 related stories
14d
Canberra Times
JB Hi-Fi shares climb on Good Guys dealgoods and electronics competitor. The shares were up 6.3 per cent, or $1.80, a
JB Hi-Fi shares climb on Good Guys deal
Canberra Times / Posted 14 days ago
goods and electronics competitor. The shares were up 6.3 per cent, or $1.80, at $30.30 at noon. CMC Markets chief analyst Ric Spooner said profit taking by some investors was preventing JB Hi-Fi shares from hitting last week's all-time high of... Read more
38 related stories
15d
Sky News Australia
JB Hi-Fi shares soar after Good Guys dealretail giant. The shares ended the session at $30.00, a gain of $1.50, or 5.3
JB Hi-Fi shares soar after Good Guys deal
Sky News Australia / Posted 15 days ago
retail giant. The shares ended the session at $30.00, a gain of $1.50, or 5.3 per cent. CMC Markets chief analyst Ric Spooner said profit taking by some investors was preventing JB HiFi shares from hitting last week's all-time high of... Read more
38 related stories
15d
TheBull
JB Hi-Fi shares climb on Good Guys dealthe whitegoods retail giant. The shares were up 6.3 per cent, or $1.80, at $30
JB Hi-Fi shares climb on Good Guys deal
TheBull / Posted 15 days ago
the whitegoods retail giant. The shares were up 6.3 per cent, or $1.80, at $30.30 at 1200 AEST. CMC Markets chief analyst Ric Spooner said profit taking by some investors was preventing JB HiFi shares from hitting last week's all-time high of... Read more
38 related stories
15d
Zero Hedge
US Futures, European Stocks Rebound, Bonds Fall Ahead Of US Data Delugemarket is getting a little more conservative about when the balance will return
US Futures, European Stocks Rebound, Bonds Fall Ahead Of US Data Deluge
Zero Hedge / Posted 15 days ago
market is getting a little more conservative about when the balance will return and prices are adjusting to that,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. “We have moderating demand combined with the possibility of... Read more
82 related stories
15d
FOX Business
Oil Rebounds After Two Days Of Lossesbuild of 3.8 million barrels. "It's good news at this time of the year to see
Oil Rebounds After Two Days Of Losses
FOX Business / Posted 15 days ago
build of 3.8 million barrels. "It's good news at this time of the year to see a draw like that (in crude stocks)," said Ric Spooner, chief market analyst for CMC Markets. "But the market seems to be more concerned at the moment about the... Read more
27 related stories
15d
FOX Business
Oil Rebounds After Two Days Of Lossesbuild of 3.8 million barrels. "It's good news at this time of the year to see
Oil Rebounds After Two Days Of Losses
FOX Business / Posted 15 days ago
build of 3.8 million barrels. "It's good news at this time of the year to see a draw like that (in crude stocks)," said Ric Spooner, chief market analyst for CMC Markets. "But the market seems to be more concerned at the moment about the... Read more
27 related stories
15d
The Globe and Mail
Oil edges higher; returning supply caps gainsbuild of 3.8 million barrels. “It’s good news at this time of the year to see
Oil edges higher; returning supply caps gains
The Globe and Mail / Posted 15 days ago
build of 3.8 million barrels. “It’s good news at this time of the year to see a draw like that (in crude stocks),” said Ric Spooner, chief market analyst for CMC Markets. “But the market seems to be more concerned at the moment about the... Read more
27 related stories
16d
FOX Business
Oil Rises On Crude Supply Drawat six-year seasonal highs. "It's good news at this time of the year to see a
Oil Rises On Crude Supply Draw
FOX Business / Posted 16 days ago
at six-year seasonal highs. "It's good news at this time of the year to see a draw like that (in crude stocks)," said Ric Spooner, chief market analyst for CMC Markets. "But the market seems to be more concerned at the moment about the... Read more
27 related stories
16d
FOX Business
Oil Rises On Crude Supply Drawat six-year seasonal highs. "It's good news at this time of the year to see a
Oil Rises On Crude Supply Draw
FOX Business / Posted 16 days ago
at six-year seasonal highs. "It's good news at this time of the year to see a draw like that (in crude stocks)," said Ric Spooner, chief market analyst for CMC Markets. "But the market seems to be more concerned at the moment about the... Read more
27 related stories
16d
The Age
Iron ore hits the skids as miners, banks wrangle over supplyprices. "Prices appear to be responding to the potential for increased supply
Iron ore hits the skids as miners, banks wrangle over supply
The Age / Posted 16 days ago
prices. "Prices appear to be responding to the potential for increased supply as we move into the fourth quarter," said Ric Spooner, chief market analyst at CMC Markets in Sydney. "The risk looks to be to the downside now. It's certainly... Read more
4 related stories
16d
Sydney Morning Herald
Iron ore hits the skids as miners, banks wrangle over supplyprices. "Prices appear to be responding to the potential for increased supply
Iron ore hits the skids as miners, banks wrangle over supply
Sydney Morning Herald / Posted 16 days ago
prices. "Prices appear to be responding to the potential for increased supply as we move into the fourth quarter," said Ric Spooner, chief market analyst at CMC Markets in Sydney. "The risk looks to be to the downside now. It's certainly... Read more
4 related stories
16d
asianage
Oil rises on draw in US crude stocks, but supply worries remainwere trading at $46.06 per barrel at 0051 GMT, up 21 cents, or 0.5 per cent, fr
Oil rises on draw in US crude stocks, but supply worries remain
asianage / Posted 16 days ago
were trading at $46.06 per barrel at 0051 GMT, up 21 cents, or 0.5 per cent, from the last settlement. Singapore: Oil prices rebounded in early Asian trade on Thursday after falling around 3 percent in the previous session, supported by an... Read more
27 related stories
16d
CNBC
Oil rises on draw in US crude stocks, but supply worries remain"It's good news at this time of the year to see a draw like that (in crude stoc
Oil rises on draw in US crude stocks, but supply worries remain
CNBC / Posted 16 days ago
"It's good news at this time of the year to see a draw like that (in crude stocks)," said Ric Spooner, chief market analyst for CMC Markets. "But the market seems to be more concerned at the moment about the possibility of a sharp increase of the... Read more
17d
International Business Times
Asian markets trade mixed amid uncertainty over US Fed's next moveyear even as bets for a September rate hike fell," Wei Liang Chang, a strategis
Asian markets trade mixed amid uncertainty over US Fed's next move
International Business Times / Posted 17 days ago
year even as bets for a September rate hike fell," Wei Liang Chang, a strategist at Mizuho, was quoted as saying by CNBC. Ric Spooner, chief market analyst at CMC Markets, added that the stock markets will continue to "remain nervous while the... Read more
18d
FOX Business
Why is U.S. Crude Down 1.5%?a very big decline in (U.S.) inventories last week is a bit of a selling opport
Why is U.S. Crude Down 1.5%?
FOX Business / Posted 18 days ago
a very big decline in (U.S.) inventories last week is a bit of a selling opportunity," said CMC Market chief market analyst Ric Spooner. Oil's 4 percent price decline since Sept. 8 partly reverses a 10 percent rally early in the month, which was... Read more
9 related stories
18d
FOX Business
Why is U.S. Crude Down 1.5%?a very big decline in (U.S.) inventories last week is a bit of a selling opport
Why is U.S. Crude Down 1.5%?
FOX Business / Posted 18 days ago
a very big decline in (U.S.) inventories last week is a bit of a selling opportunity," said CMC Market chief market analyst Ric Spooner. Oil's 4 percent price decline since Sept. 8 partly reverses a 10 percent rally early in the month, which was... Read more
9 related stories
18d
The Irish Times
Oil falls on US drilling, shrugs off upbeat China dataa very big decline in (US) inventories last week is a bit of a selling opportun
Oil falls on US drilling, shrugs off upbeat China data
The Irish Times / Posted 18 days ago
a very big decline in (US) inventories last week is a bit of a selling opportunity,” said CMC Market chief market analyst Ric Spooner. Oil’s 4 per cent price decline since September 8th partly reverses a 10 per cent rally early in the month,... Read more
9 related stories
18d
Manila Bulletin
Oil prices fall on profit taking, eyes on China dataa very big decline in (U.S.) inventories last week is a bit of a selling opport
Oil prices fall on profit taking, eyes on China data
Manila Bulletin / Posted 18 days ago
a very big decline in (U.S.) inventories last week is a bit of a selling opportunity,” said CMC Market chief market analyst Ric Spooner. Oil’s 4 percent price decline since Sept. 8 partly reverses a 10 percent rally early in the month, which was... Read more
19d
Mashable
How one software startup made it by doing everything backwardsargued.Blazing a path Is Xero's path one to follow? As with most things, that
How one software startup made it by doing everything backwards
Mashable / Posted 19 days ago
argued.Blazing a path Is Xero's path one to follow? As with most things, that depends how good you are. In the view of Ric Spooner, chief market analyst at CMC Markets, the "backward" approach to start-up funding can be an advantage, but only... Read more
19d
USA Today
Asian stocks slump on Fed official’s rate rise commentsrally. THE QUOTE: “Friday’s market adjustment to the possibility of higher rat
Asian stocks slump on Fed official’s rate rise comments
USA Today / Posted 19 days ago
rally. THE QUOTE: “Friday’s market adjustment to the possibility of higher rates has continued in early Asian trade,” said Ric Spooner, chief analyst at CMC Markets in Sydney. “The balance of risks suggests global economies would now be best suited... Read more
35 related stories
19d
Daily Herald
Asian stocks slump on Fed official's rate rise commentsrally. THE QUOTE: "Friday's market adjustment to the possibility of higher rat
Asian stocks slump on Fed official's rate rise comments
Daily Herald / Posted 19 days ago
rally. THE QUOTE: "Friday's market adjustment to the possibility of higher rates has continued in early Asian trade," said Ric Spooner, chief analyst at CMC Markets in Sydney. "The balance of risks suggests global economies would now be best suited... Read more
35 related stories
19d
Market Watch
Asian stocks plunge following Wall Street’s Friday routa sharp jump in Australian bond yields and a weaker opening” in Asian oil tradi
Asian stocks plunge following Wall Street’s Friday rout
Market Watch / Posted 19 days ago
a sharp jump in Australian bond yields and a weaker opening” in Asian oil trading, said CMC Markets chief market analyst Ric Spooner. Monday’s selloff comes as investors in the U.S. on Friday in particular sold shares of high dividend-payers in... Read more
22d
Zero Hedge
With All Eyes On The ECB, Catatonic Global Markets Remain In State Of Near Paralysisexpansion, would be the largest since 1999. “The size of inventories around the
With All Eyes On The ECB, Catatonic Global Markets Remain In State Of Near Paralysis
Zero Hedge / Posted 22 days ago
expansion, would be the largest since 1999. “The size of inventories around the world are a headwind for oil prices,” said Ric Spooner, a chief market analyst at CMC Markets in Sydney. “If government data backs up the API figures, and we saw a... Read more
13 related stories
25d
Business Standard India
Asian shares advance, Australia slips as RBA rate decision awaitedis needed. "Today's RBA meeting looks unlikely to provide investors with any r
Asian shares advance, Australia slips as RBA rate decision awaited
Business Standard India / Posted 25 days ago
is needed. "Today's RBA meeting looks unlikely to provide investors with any reason to change their macro outlook," Ric Spooner, chief market analyst at CMC Markets in Sydney, wrote in a note. "The RBA will be likely to wait on more... Read more
54 related stories
25d
iol.co.za
Asian shares advanceis needed. “Today's RBA meeting looks unlikely to provide investors with any r
Asian shares advance
iol.co.za / Posted 25 days ago
is needed. “Today's RBA meeting looks unlikely to provide investors with any reason to change their macro outlook,” Ric Spooner, chief market analyst at CMC Markets in Sydney, wrote in a note. “The RBA will be likely to wait on more... Read more
3 related stories
25d
Reuters
Asian shares advance, Australia slips as RBA rate decision awaitedis needed. "Today’s RBA meeting looks unlikely to provide investors with any r
Asian shares advance, Australia slips as RBA rate decision awaited
Reuters / Posted 25 days ago
is needed. "Today’s RBA meeting looks unlikely to provide investors with any reason to change their macro outlook," Ric Spooner, chief market analyst at CMC Markets in Sydney, wrote in a note. "The RBA will be likely to wait on more... Read more
54 related stories
29d
FOX Business
Oil Points to Biggest Weekly Loss Since Mid-Januarybuilds and weak U.S. manufacturing data. "Downward momentum is a feature of th
Oil Points to Biggest Weekly Loss Since Mid-January
FOX Business / Posted 29 days ago
builds and weak U.S. manufacturing data. "Downward momentum is a feature of the oil market," said CMC Markets analyst Ric Spooner. "The end of the U.S. driving season and the prospect of building inventories create downward risk for the oil... Read more
50 related stories
29d
FOX Business
Oil Points to Biggest Weekly Loss Since Mid-Januarybuilds and weak U.S. manufacturing data. "Downward momentum is a feature of th
Oil Points to Biggest Weekly Loss Since Mid-January
FOX Business / Posted 29 days ago
builds and weak U.S. manufacturing data. "Downward momentum is a feature of the oil market," said CMC Markets analyst Ric Spooner. "The end of the U.S. driving season and the prospect of building inventories create downward risk for the oil... Read more
50 related stories
29d
Fortune
Oil Heads for Biggest Weekly Loss Since Januarybuilds and weak U.S. manufacturing data. “Downward momentum is a feature of th
Oil Heads for Biggest Weekly Loss Since January
Fortune / Posted 29 days ago
builds and weak U.S. manufacturing data. “Downward momentum is a feature of the oil market,” said CMC Markets analyst Ric Spooner. “The end of the U.S. driving season and the prospect of building inventories create downward risk for the oil... Read more
50 related stories
29d
Bdnews24.com
Oil heads for biggest weekly loss since mid-JanuaryCLc1 were up 47 cents at $43.63 a barrel. "Downward momentum is a feature of t
Oil heads for biggest weekly loss since mid-January
Bdnews24.com / Posted 29 days ago
CLc1 were up 47 cents at $43.63 a barrel. "Downward momentum is a feature of the oil market," said CMC Markets analyst Ric Spooner. "The end of the US driving season and the prospect of building inventories create downward risk for the oil... Read more
29d
TheBull
Australian stocks fall on profit takingfalling oil prices. At 1022 AEST, the benchmark S&P/ASX200 index was down 0.49
Australian stocks fall on profit taking
TheBull / Posted 29 days ago
falling oil prices. At 1022 AEST, the benchmark S&P/ASX200 index was down 0.49 per cent. CMC Markets chief market analyst Ric Spooner says that instead of following the lead of Wall Street, which finished flat overnight, local shares had drifter... Read more
4 related stories
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