ASX 200 slipped from strong early gains to close up 29 points at 7056 (+0.4%)…
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.
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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.
SMALL CAP PORTFOLIO 3.00pm Updates I have added a 3% holding in GMD at 140.5c…
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DIARY NEXT WEEK The main events this week are Corporate, not economic. We have the…
Not much joy overnight. This week has seen the ASX 200 +16, +70, +47, +2…
Wall Street finished in the red overnight after a US treasury auction sent bond yields…
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