OECD saying Australian rates have peaked.
Oil up overnight but OPEC meeting could go either way.
Resources need a catalyst to bounce. Chinese PMI data out today could start it.
US Inflation tomorrow.
TECHNICAL SUMMARY
S&P 500 overbought on a daily basis.
COH overbought as healthcare kicks back into life.
KAR oversold on a daily basis.
SQ2 overbought after a stunning run.
ASX 200 finished up 52 points at 7087 (+0.5%) after a late afternoon surge.ASX 200…
Wall Street flatlined overnight on cautious trade following an upward revision to US GDP growth and dovish comments from Fed officials. The Dow ended slightly in the green, up 13 points (+0.04%). Up 162 points at best. Down 11 points at w
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ASX 200 down 5 – struggling for momentum despite a better vibe for Australian bonds after yesterday’s CPI number
Market behaves itself for another night. A check on Growth vs Income. Will keep an eye on inflation numbers. In Sydney this week.
Wall Street edged higher with nominal gains in a narrow range, losing momentum as the…
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