Ric Spooner

Latest stories

23h
The Manila Times
Pound, Asia markets collapse as Britain quits EUcontracts slumping more than 6 percent. “We are seeing oil swept up in the gen
Pound, Asia markets collapse as Britain quits EU
The Manila Times / Posted 23 hours ago
contracts slumping more than 6 percent. “We are seeing oil swept up in the general market nervousness to the vote,” said Ric Spooner, a chief analyst at CMC Markets in Sydney.Key figures around 0700 GMT Pound/dollar: DOWN at $1.3690 from $1.4974... Read more
497 related stories
23h
The Borneo Post
Pound, Asia markets collapse as Britain quits EUcontracts slumping more than six percent. “We are seeing oil swept up in the g
Pound, Asia markets collapse as Britain quits EU
The Borneo Post / Posted 23 hours ago
contracts slumping more than six percent. “We are seeing oil swept up in the general market nervousness to the vote,” said Ric Spooner, a chief analyst at CMC Markets in Sydney. – AFP – Key figures around 0700 GMT – Pound/dollar: DOWN at $1.3690... Read more
497 related stories
1d
Bangkok Post - Thailand's English news
Pound, Asia markets collapse as Britain quits EUmain contracts slumping more than 6%. "We are seeing oil swept up in the gener
Pound, Asia markets collapse as Britain quits EU
Bangkok Post - Thailand's English news / Posted yesterday
main contracts slumping more than 6%. "We are seeing oil swept up in the general market nervousness to the vote," said Ric Spooner, a chief analyst at CMC Markets in Sydney. Pound/dollar: DOWN at $1.3690 from $1.4974 late... Read more
497 related stories
1d
Sky News Australia
Global markets hammered after Brexitabout markets getting it wrong by removing risk premium in the run up to the ev
Global markets hammered after Brexit
Sky News Australia / Posted yesterday
about markets getting it wrong by removing risk premium in the run up to the event,' CMC Markets chief market strategist Ric Spooner said. Meanwhile, the bond markets were on fire as edgy investors panic-bought safe-haven assets. Both corporate... Read more
113 related stories
1d
Inquirier.net
Pound, Asia markets collapse as Britain quits EUmain contracts slumping more than six percent. “We are seeing oil swept up in
Pound, Asia markets collapse as Britain quits EU
Inquirier.net / Posted yesterday
main contracts slumping more than six percent. “We are seeing oil swept up in the general market nervousness to the vote,” Ric Spooner, a chief analyst at CMC Markets in Sydney, told Bloomberg News. “Corrections are likely to be fairly shallow in... Read more
497 related stories
1d
The Courier Mail
Brexit wipes $70b from marketcontracts slumping more than six per cent. “We are seeing oil swept up in the
Brexit wipes $70b from market
The Courier Mail / Posted yesterday
contracts slumping more than six per cent. “We are seeing oil swept up in the general market nervousness to the vote,” Ric Spooner, a chief analyst at CMC Markets in Sydney, told Bloomberg News. “Corrections are likely to be fairly shallow in... Read more
497 related stories
1d
Scoop.co.nz
Attention now turns to assessing the risks24 June 2016, 5:20 pmPress Release: CMC Markets15:18 AEST Friday, 24 June 2016B
Attention now turns to assessing the risks
Scoop.co.nz / Posted yesterday
24 June 2016, 5:20 pmPress Release: CMC Markets15:18 AEST Friday, 24 June 2016By Ric Spooner (Chief Market Analyst, CMC Markets)Blindsided by the outcome of Britain’s EU referendum, markets must now turn... Read more
1d
Daily Telegraph
Brexit wipes $70b from marketcontracts slumping more than six per cent. “We are seeing oil swept up in the
Brexit wipes $70b from market
Daily Telegraph / Posted yesterday
contracts slumping more than six per cent. “We are seeing oil swept up in the general market nervousness to the vote,” Ric Spooner, a chief analyst at CMC Markets in Sydney, told Bloomberg News. “Corrections are likely to be fairly shallow in... Read more
7 related stories
1d
asianage
Oil dives as early vote results indicate a Brexit2.06, or 4.05 per cent, to USD 48.85 a barrel. "We are seeing oil swept up in
Oil dives as early vote results indicate a Brexit
asianage / Posted yesterday
2.06, or 4.05 per cent, to USD 48.85 a barrel. "We are seeing oil swept up in the general market nervousness to the vote," Ric Spooner, a chief analyst at CMC Markets in Sydney, told Bloomberg News. "Corrections are likely to be fairly shallow in... Read more
18 related stories
1d
Australian Broadcasting Corporation
British pound slumps to lowest level since 1985to the Leave win in Sunderland demonstrates that markets are now vulnerable to
British pound slumps to lowest level since 1985
Australian Broadcasting Corporation / Posted yesterday
to the Leave win in Sunderland demonstrates that markets are now vulnerable to selling, and liquidity could be thin," said Ric Spooner, chief market analyst at CMC Markets in a note to clients. The pound was sitting at $US1.349 by 1:40pm... Read more
1d
Australian Broadcasting Corporation
British pound slumps 6 per cent after 'Leave' result in Sunderland, Aussie dollar followsto the Leave win in Sunderland demonstrates that markets are now vulnerable to
British pound slumps 6 per cent after 'Leave' result in Sunderland, Aussie dollar follows
Australian Broadcasting Corporation / Posted yesterday
to the Leave win in Sunderland demonstrates that markets are now vulnerable to selling, and liquidity could be thin," said Ric Spooner, chief market analyst at CMC Markets in a note to clients. The pound since recouped some of its losses, down 2.7... Read more
2d
Channel NewsAsia
Asia stocks mostly up ahead of Britain EU votewould be logical for markets to begin losing momentum and volume while they wai
Asia stocks mostly up ahead of Britain EU vote
Channel NewsAsia / Posted 2 days ago
would be logical for markets to begin losing momentum and volume while they wait on the outcome of the Brexit vote," Ric Spooner, chief market analyst in Sydney at CMC Markets, said in an e-mail to clients. "Short-term traders cannot be... Read more
497 related stories
3d
News 24 South Africa
Could a Brexit cause UK markets to crash?it makes any energy moves in London for the coming week highly volatile. Chief
Could a Brexit cause UK markets to crash?
News 24 South Africa / Posted 3 days ago
it makes any energy moves in London for the coming week highly volatile. Chief market analyst at CMC Markets in Sydney, Ric Spooner, said “The broad picture at the moment is that oil is being swept up in a broad risk-off move associated with... Read more
497 related stories
3d
Bangkok Post - Thailand's English news
Asian traders on edge ahead of Britain EU votewould be logical for markets to begin losing momentum and volume while they wai
Asian traders on edge ahead of Britain EU vote
Bangkok Post - Thailand's English news / Posted 3 days ago
would be logical for markets to begin losing momentum and volume while they wait on the outcome of the Brexit vote," Ric Spooner, chief market analyst in Sydney at CMC Markets, said in an e-mail to clients. "Short-term traders cannot be... Read more
497 related stories
4d
Market Watch
Crude oil turns lower as markets refocus on supply issueslead in a phone poll from ORB International, at 49%. “Fear of a Brexit has lar
Crude oil turns lower as markets refocus on supply issues
Market Watch / Posted 4 days ago
lead in a phone poll from ORB International, at 49%. “Fear of a Brexit has largely faded but not completely,” said Ric Spooner, chief market analyst at CMC Markets. Analysts said that while a Brexit may not have an immediate impact on oil,... Read more
8d
TheBull
Shares rise as Brexit fears fallreleased on Thursday night showing the opposite outcome gave investors some con
Shares rise as Brexit fears fall
TheBull / Posted 8 days ago
released on Thursday night showing the opposite outcome gave investors some confidence, CMC Markets chief market analyst Ric Spooner said. "A poll of all various bookmakers in Brexit shows a significant deterioration in the odds of the leave... Read more
8d
iol.co.za
Oil bounces back in Asian tradeare also dampening prices. 'With Canadian production returning, prices may hav
Oil bounces back in Asian trade
iol.co.za / Posted 8 days ago
are also dampening prices. 'With Canadian production returning, prices may have climbed as far as they could for now,” Ric Spooner, a chief analyst at CMC Markets in Sydney, told Bloomberg News. “It's likely the correction will be shallower... Read more
2 related stories
8d
The Manila Times
Oil prices bounce after 6 days of lossesare also dampening prices. ‘With Canadian production returning, prices may hav
Oil prices bounce after 6 days of losses
The Manila Times / Posted 8 days ago
are also dampening prices. ‘With Canadian production returning, prices may have climbed as far as they could for now,” Ric Spooner, a chief analyst at CMC Markets in Sydney, told Bloomberg News. “It’s likely the correction will be shallower... Read more
2 related stories
8d
Daily Telegraph
Women are coming on boardafter a run of falls in recent sessions. But the banks reversed those gains in
Women are coming on board
Daily Telegraph / Posted 8 days ago
after a run of falls in recent sessions. But the banks reversed those gains in afternoon trade. CMC Markets chief analyst Ric Spooner said the US Federal Reserves’s decision to keep interest rates unchanged for now had given the local market some... Read more
9d
The Star
Gold tops $1,300 as Fed rate view gives fresh courage to bullsEuropean Union. "From the cautious tone set by Yellen last night and the Fed,
Gold tops $1,300 as Fed rate view gives fresh courage to bulls
The Star / Posted 9 days ago
European Union. "From the cautious tone set by Yellen last night and the Fed, we saw a weaker dollar and stronger gold,” Ric Spooner, a chief analyst at CMC Markets in Sydney, said by phone. “As well as that, concerns remain about Brexit. The... Read more
2 related stories
9d
FOX Business
U.S. Crude Loses More Ground Below $50broad picture at the moment is that oil is being swept up in a broad risk off m
U.S. Crude Loses More Ground Below $50
FOX Business / Posted 9 days ago
broad picture at the moment is that oil is being swept up in a broad risk off move associated with Brexit primarily," said Ric Spooner, chief market analyst at CMC Markets in Sydney. Britain's Sun newspaper, long critical of alleged European Union... Read more
24 related stories
9d
FOX Business
U.S. Crude Loses More Ground Below $50broad picture at the moment is that oil is being swept up in a broad risk off m
U.S. Crude Loses More Ground Below $50
FOX Business / Posted 9 days ago
broad picture at the moment is that oil is being swept up in a broad risk off move associated with Brexit primarily," said Ric Spooner, chief market analyst at CMC Markets in Sydney. Britain's Sun newspaper, long critical of alleged European Union... Read more
24 related stories
9d
The Globe and Mail
Oil slides for fifth day as Brexit and inventory builds bitebroad picture at the moment is that oil is being swept up in a broad risk off m
Oil slides for fifth day as Brexit and inventory builds bite
The Globe and Mail / Posted 9 days ago
broad picture at the moment is that oil is being swept up in a broad risk off move associated with Brexit primarily,” said Ric Spooner, chief market analyst at CMC Markets in Sydney. The influential Sun newspaper, long a scourge of alleged... Read more
24 related stories
9d
FOX Business
Oil Slides for Fifth Day as Brexit and Inventory Builds Bitebroad picture at the moment is that oil is being swept up in a broad risk off m
Oil Slides for Fifth Day as Brexit and Inventory Builds Bite
FOX Business / Posted 9 days ago
broad picture at the moment is that oil is being swept up in a broad risk off move associated with Brexit primarily," said Ric Spooner, chief market analyst at CMC Markets in Sydney. The influential Sun newspaper, long a scourge of alleged... Read more
24 related stories
9d
FOX Business
Oil Slides for Fifth Day as Brexit and Inventory Builds Bitebroad picture at the moment is that oil is being swept up in a broad risk off m
Oil Slides for Fifth Day as Brexit and Inventory Builds Bite
FOX Business / Posted 9 days ago
broad picture at the moment is that oil is being swept up in a broad risk off move associated with Brexit primarily," said Ric Spooner, chief market analyst at CMC Markets in Sydney. The influential Sun newspaper, long a scourge of alleged... Read more
24 related stories
9d
Channel NewsAsia
Oil slides for fifth day as Brexit and inventory builds bitebroad picture at the moment is that oil is being swept up in a broad risk off m
Oil slides for fifth day as Brexit and inventory builds bite
Channel NewsAsia / Posted 9 days ago
broad picture at the moment is that oil is being swept up in a broad risk off move associated with Brexit primarily," said Ric Spooner, chief market analyst at CMC Markets in Sydney. The influential Sun newspaper, long a scourge of alleged... Read more
24 related stories
10d
FOX Business
U.S. Oil Falls to 3-Wk Low on Inventory Gains, Brexit Fearsbroad picture at the moment is that oil is being swept up in a broad risk off m
U.S. Oil Falls to 3-Wk Low on Inventory Gains, Brexit Fears
FOX Business / Posted 10 days ago
broad picture at the moment is that oil is being swept up in a broad risk off move associated with Brexit primarily," said Ric Spooner, chief market analyst at CMC Markets in Sydney. The influential Sun newspaper, long a scourge of alleged... Read more
24 related stories
10d
FOX Business
U.S. Oil Falls to 3-Wk Low on Inventory Gains, Brexit Fearsbroad picture at the moment is that oil is being swept up in a broad risk off m
U.S. Oil Falls to 3-Wk Low on Inventory Gains, Brexit Fears
FOX Business / Posted 10 days ago
broad picture at the moment is that oil is being swept up in a broad risk off move associated with Brexit primarily," said Ric Spooner, chief market analyst at CMC Markets in Sydney. Continue Reading Below The influential Sun newspaper, long a... Read more
24 related stories
14d
The Wilmington Star-News
US stocks tumble as energy companies fall with oil pricesinto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
US stocks tumble as energy companies fall with oil prices
The Wilmington Star-News / Posted 14 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
14d
Mississippi Business Journal
Stocks tumble amid concerns over global economyinto safer assets, analysts said. QUOTEWORTHY: “The market has a number of pot
Stocks tumble amid concerns over global economy
Mississippi Business Journal / Posted 14 days ago
into safer assets, analysts said. QUOTEWORTHY: “The market has a number of potential risk events before it,” said Ric Spooner, chief analyst at CMC Markets in Sydney. “Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
14d
Your Hometown Lima Stations
Stocks tumble amid concerns over global economyinto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
Stocks tumble amid concerns over global economy
Your Hometown Lima Stations / Posted 14 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
14d
CTV News
Stocks tumble amid concerns over global economyinto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
Stocks tumble amid concerns over global economy
CTV News / Posted 14 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
14d
The Oklahoman
World stocks slip ahead of China data, Fed meeting, UK voteinto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
World stocks slip ahead of China data, Fed meeting, UK vote
The Oklahoman / Posted 14 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
14d
The Wilmington Star-News
World stocks slip ahead of China data, Fed meeting, UK voteinto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
World stocks slip ahead of China data, Fed meeting, UK vote
The Wilmington Star-News / Posted 14 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
14d
Your Hometown Lima Stations
World stocks slip ahead of China data, Fed meeting, UK voteinto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
World stocks slip ahead of China data, Fed meeting, UK vote
Your Hometown Lima Stations / Posted 14 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
14d
Salon.com
World stocks slip ahead of China data, Fed meeting, UK voteinto safer assets, analysts said. QUOTEWORTHY: “The market has a number of pot
World stocks slip ahead of China data, Fed meeting, UK vote
Salon.com / Posted 14 days ago
into safer assets, analysts said. QUOTEWORTHY: “The market has a number of potential risk events before it,” said Ric Spooner, chief analyst at CMC Markets in Sydney. “Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
14d
Sky News Australia
Banks, miners drive sharp fall for markethas fallen almost one per cent due to significant weakness in resources and ban
Banks, miners drive sharp fall for market
Sky News Australia / Posted 14 days ago
has fallen almost one per cent due to significant weakness in resources and banking stocks. CMC chief market analyst Ric Spooner said it had been a negative day of trading. 'The key driver was weakness in the larger stocks, the materials and... Read more
14 related stories
15d
Sky News Australia
Aust dollar lags as greenback recoversFriday, the local unit was trading at 74.14 US cents, down from 74.70 cents on
Aust dollar lags as greenback recovers
Sky News Australia / Posted 15 days ago
Friday, the local unit was trading at 74.14 US cents, down from 74.70 cents on Thursday. CMC Markets chief market analyst Ric Spooner the US dollar had made a significant comeback against most currencies. The greenback had been on the back foot... Read more
21 related stories
15d
Chattanooga Times Free Press
Asian stocks slip as investors await China data, Fed meetinginto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
Asian stocks slip as investors await China data, Fed meeting
Chattanooga Times Free Press / Posted 15 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
15d
Your Hometown Lima Stations
Asian stocks slip as investors await China data, Fed meetinginto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
Asian stocks slip as investors await China data, Fed meeting
Your Hometown Lima Stations / Posted 15 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
15d
WFTV 9 Orlando
Asian stocks slip as investors await China data, Fed meetinginto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
Asian stocks slip as investors await China data, Fed meeting
WFTV 9 Orlando / Posted 15 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
15d
Island Packet
Asian stocks slip as investors await China data, Fed meetinginto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
Asian stocks slip as investors await China data, Fed meeting
Island Packet / Posted 15 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
15d
Daily Herald
Asian stocks slip as investors await China data, Fed meetinginto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
Asian stocks slip as investors await China data, Fed meeting
Daily Herald / Posted 15 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
15d
ABC News
Asian Stocks Slip as Investors Await China Data, Fed Meetinginto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
Asian Stocks Slip as Investors Await China Data, Fed Meeting
ABC News / Posted 15 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
15d
CTV News
Asian stocks slip as fears rise over Brexit voteinto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
Asian stocks slip as fears rise over Brexit vote
CTV News / Posted 15 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
15d
Your Hometown Lima Stations
Asian stocks slip as investors await China data, Fed meetinginto safer assets, analysts said. QUOTEWORTHY: "The market has a number of pot
Asian stocks slip as investors await China data, Fed meeting
Your Hometown Lima Stations / Posted 15 days ago
into safer assets, analysts said. QUOTEWORTHY: "The market has a number of potential risk events before it," said Ric Spooner, chief analyst at CMC Markets in Sydney. "Chief among these is the Brexit vote on 23 June. Now only two weeks... Read more
71 related stories
17d
Zero Hedge
S&P Nears All Time High, Global Stocks Rally As Dovish Yellen Unleashes Animal Spiritsseems likely that we will get at most one rate hike this year and that’s positi
S&P Nears All Time High, Global Stocks Rally As Dovish Yellen Unleashes Animal Spirits
Zero Hedge / Posted 17 days ago
seems likely that we will get at most one rate hike this year and that’s positive for equities and commodities,” said Ric Spooner, chief analyst at CMC Markets in Sydney. "Of the beaten-down commodities, the oil market is the best place. We’re... Read more
71 related stories
19d
WA Today
Gold miners soar3.2 per cent. US economic data for May is so far looking like unwinding the Ap
Gold miners soar
WA Today / Posted 19 days ago
3.2 per cent. US economic data for May is so far looking like unwinding the April bounce, says CMC chief market analyst Ric Spooner. "The much weaker than expected employment data in May and the retreat in the ISM non-manufacturing composite... Read more
2 related stories
19d
Canberra Times
Gold miners soar3.2 per cent. US economic data for May is so far looking like unwinding the Ap
Gold miners soar
Canberra Times / Posted 19 days ago
3.2 per cent. US economic data for May is so far looking like unwinding the April bounce, says CMC chief market analyst Ric Spooner. "The much weaker than expected employment data in May and the retreat in the ISM non-manufacturing composite... Read more
2 related stories
19d
Brisbane Times
Gold miners soar3.2 per cent. US economic data for May is so far looking like unwinding the Ap
Gold miners soar
Brisbane Times / Posted 19 days ago
3.2 per cent. US economic data for May is so far looking like unwinding the April bounce, says CMC chief market analyst Ric Spooner. "The much weaker than expected employment data in May and the retreat in the ISM non-manufacturing composite... Read more
2 related stories
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