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Pre-Market Podcast Monday October 16

S&P 500, Nasdaq fall with data, geopolitics offsets strong results.
Treasuries, gold prices rise, stocks fall on Mideast fears.
US yields slide on worries Israeli raids inside Gaza could escalate.
European shares fall on global risk-off mood but log weekly gains.

End of Day Podcast Monday 16 October

ASX 200 lost 25 points to 7027 (0.4%) as caution prevailed. It is a big week ahead with results, AGMs and economic data. Many players happy to hug the sidelines. Banks eased back with the Big Bank Basket down to $176.66 (0.5%). WBC the worst of the bunch down 0.8%. MQG off 1.4% with insurers mixed and fund managers easing. MFG fell 4.1% after moves in MGF to change its structure next year.

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