End of Day Report Friday

The ASX 200 finished up 20 points at 7078 (+0.3%) after recovering from a midday slump. A mixed bag of a day with materials and energy outperforming, consumer discretionary and utilities underperforming and all the rest trading in a narrow range. BHP, FMG, and RIO were responsible for most of the gains. Up 1.4%, 0.7% and…

Diary Next Week

Next week sees a break from big-number action. Central bank meeting minutes will headline with Australia’s RBA on Tuesday morning and the US FOMC early Wednesday morning. We will be keeping an eye on the commentary that led to the RBA raising rates and the US holding and whether it supports the new dovish pivot that