ASX 200 slid 17 points to 7340 (+0.24%) in quiet trade dominated by results again today. For the week, the index is down 0.85%. Broad based weakness today, nothing spectacular though. Banks eased after CBA results and Phil Lowe talked up rates in Canberra. The Big Bank Basket down to $180.46 (0.1%). Insurers mixed, QBE…
ASX 200 slid 17 points to 7340 (+0.24%) in quiet trade dominated by results again today. For the week the index is down 0.85%.
Wall Street closed lower overnight, ending near worst levels a day before the release of key US inflation data that could influence Fed interest rate decisions. Dow Jones lost 191 points (-0.54%). Up 56 points at best. Down 256 points at worst. S&P 500 down 0.70%, and the NASDAQ shed 1.17%. The US dollar eased,…
Wall Street closed lower overnight, ending near worst levels a day before the release of US inflation data that could influence Fed interest rate decisions.
SUMMARY The Curse of Diggers – Delta Minor. AQZ – Results out this morning. JLG – Research this morning. Ausbiz ‘The Call’ – Ten stocks analysed and LOV too. 2.45pm Update Some big moves out there today. 4DX up 12%. A11 up 11.6%. AQZ up 3%. RED firing up too. Now above 20c. There are…
Updated 9.55am with Firstlinks article and WDS commentary in Quick Takes SUMMARY CBA is a hold. A look at why we should celebrate banking profits. Oil may be a issue. How much has petrol risen by! Why don't we have a proper sovereign wealth fund? COMMONWEALTH BANK (CBA) There has been much commentary about the…
Members Podcast Thursday
MARKET AT MIDDAY The ASX 200 is up 2 points to 7340 opening flat as results season kicks into full swing. US CPI is due out tonight which could impact the Federal Reserve's upcoming interest rate decision in September. The Energy sector showcased the best performance with a 2% increase, while financials struggled as the worst performers, declining…
ASX 200 closed up 19 points to 7357 (+0.3%) in a subdued day of trade. US CPI data tonight key.
ASX 200 closed up 19 points to 7357 (+0.3%) in a subdued day of trade. US CPI data tonight key. Energy sector is the top performer today as oil prices jump over US$84 a barrel, intensifying concerns that resurgent inflation will force central banks to raise rates further. STO, BPT and STX all gained over…
