Latest news with #TomPiotrowski

News.com.au
a day ago
- Business
- News.com.au
US markets ‘move lower' due to ‘heightened event risk'
CommSec's Tom Piotrowski says markets in the United States and Europe moved 'lower' overnight due to 'heightened event risk'. 'As we head into the weekend, that brings with it heightened event risk, so that in itself is part of the reason you saw US and European markets move lower overnight,' Mr Piotrowski told Sky News Australia. 'The US markets were closed to observe the Juneteenth public holiday, but notwithstanding, there's still participation in the futures market and after-hours trade, and to that end, we saw losses of around 0.9 per cent for the Dow and the S&P 500. 'The Nasdaq down by about a per cent.'

Sky News AU
a day ago
- Business
- Sky News AU
US markets ‘move lower' due to ‘heightened event risk'
CommSec's Tom Piotrowski says markets in the United States and Europe moved 'lower' overnight due to 'heightened event risk'. 'As we head into the weekend, that brings with it heightened event risk, so that in itself is part of the reason you saw US and European markets move lower overnight,' Mr Piotrowski told Sky News Australia. 'The US markets were closed to observe the Juneteenth public holiday, but notwithstanding, there's still participation in the futures market and after-hours trade, and to that end, we saw losses of around 0.9 per cent for the Dow and the S&P 500. 'The Nasdaq down by about a per cent.' Presented by CommSec.

News.com.au
2 days ago
- Business
- News.com.au
Markets ‘treading water' amid global ‘tension'
CommSec's Tom Piotrowski says global tensions could move markets 'significantly'. 'There's no doubt the markets are treading water at the moment,' Mr Piotrowski told Sky News Australia. 'There are a lot of headlines at the moment that could arguably, by themselves, could move prices quite significantly. 'There's a tension in place; it's just a question of what breaks that tension or whether or not the temperatures just get taken down.'

News.com.au
3 days ago
- Business
- News.com.au
ASX 200 ‘holding up reasonably well' under current circumstances
CommSec's Tom Piotrowski claims the ASX 200 is 'holding up reasonably well' under current circumstances as the conflict between Israel and Iran continues to affect oil prices and impact the markets. 'Yesterday we all saw a modest decline, today, another one is predicted at the open,' he told Sky News Australia. 'So, our market is holding up reasonably well under the circumstances, again, reflecting that containment of the negative sentiment that has dominated so far.'

Sky News AU
3 days ago
- Business
- Sky News AU
ASX 200 ‘holding up reasonably well' under current circumstances
CommSec's Tom Piotrowski claims the ASX 200 is 'holding up reasonably well' under current circumstances as the conflict between Israel and Iran continues to affect oil prices and impact the markets. 'Yesterday we all saw a modest decline, today, another one is predicted at the open,' he told Sky News Australia. 'So, our market is holding up reasonably well under the circumstances, again, reflecting that containment of the negative sentiment that has dominated so far.' Presented by CommSec.