ASX 200 falls hard by 140 points to 7613 (-1.8%) on Middle East tensions, US sell-off and Chinese data. Banks got sliced and diced, with CBA down 2.1% and the Big Bank Basket down to $199.47 (2.1%). MQG off 1.2%, and Insurers falling despite yields rising. REITs came under renewed pressure, with GMG down 2.0%…
Risks mounting?
Fat and Happy at Easter theory playing out.
Big week in commodities.
Usual US Check-Ins.
DTO – Good result this morning up 11%
Not long until Perth Members Meet.
US markets ended lower on Friday night after US bank results underwhelmed and geopolitical tensions in the Middle East rose. The Dow Jones dropped 476 points (-1.24%), the S&P 500 lost 1.46%, and the NASDAQ slipped 1.62%. Banks earnings season kicked off, JPMorgan fell 6.14%, Wells Fargo edged lower 0.39% after posting profits fell 7%…
SUMMARY SNAS poised to gain 3%-4%. SFR ready to kick higher on Russian sanctions. Gold and Oil trades well positioned. No change. No change to MQG or FMG One Stock Portfolios.
The ASX 200 has dropped 36 points to 7753 (0.5%) on US falls. Banks eased back led lower by CBA down 1.4% with the Big Bank Basket down to $203.73 (0.8%). Insurers fell away as did MQG off 0.8% and GQG off 4.2%. REITs fell too, GMG down 0.8% and SGP off 0.9%. Industrials with a light…
