The ASX200 is up 10 points in late-morning trade and not all that much to get excited about really. US markets don’t know how to take the bad news. CSL upgraded by JPM, KMD post Rip Curl, MFG FUM. Retail sales ahead, US-China trade talk next week TODAY Economic data – Retails sales, HIA New… Continue reading MID MORNING MARKETS 4-10-19
MID MORNING MARKETS 03-10-19
The ASX200 is -158 points in late-morning trade and Sophie Ellis-Bextor is playing the soundtrack in my head. Gold the only safe place on the dance floor today. Masks great news from CWY with energy-from-waste project. TODAY Economic data – AiG performance of services September, Trade balance August TONIGHT European data – PPI August, Retail… Continue reading MID MORNING MARKETS 03-10-19
MID MORNING MARKETS 30-09-19
The ASX200 is up points in late-morning trade after a weak close to week in the US. Reports the US is considering restricting investment in China. Quiet day today ahead of RBA and Chinese golden week holidays. Energy & Materials best, IT and Financials worst. NUF result and Sth Am as sales. AMA trading halt.… Continue reading MID MORNING MARKETS 30-09-19
MID MORNING MARKETS 24-09-19
The ASX200 is up 11 points in mid-morning trade after another quiet night in the US. Gold shiny, Disc & Financials ↑, Telcos, Staples & IT ↓. TWE investor day, ECX strategy update and ASX AGM. Lowe speaks tonight. TODAY Company Events – Treasury Wine Estates (TWE) investor day. ASX AGM Speech by RBA Governor… Continue reading MID MORNING MARKETS 24-09-19
MID MORNING MARKETS 20-09-19
The ASX200 is up 57 points in mid-morning trade after a quiet night in the US. Broad-based gains. All sectors +ve. Gold & IT best, Energy & Financials worst. PMV results, IFL wins APRA legal case. Quiet next week. COMPANY NEWS IOOF (IFL) – Update on court proceedings. The Court held that IOOF’s APRA regulated… Continue reading MID MORNING MARKETS 20-09-19
MID MORNING MARKETS 19-09-19
The ASX200 is up 45 points in mid-morning trade after a big turnaround in the US overnight following Fed rate cut and fence sitting adjustment. Gold ↓ but all other sectors ↑. BKW results, RWC investor briefing, RFF woes continue and big jobs data ahead. TODAY Ex-dividend – 5G Networks (SGN) 1.0c, Apiam Animal Health… Continue reading MID MORNING MARKETS 19-09-19
MID MORNING MARKETS 10-09-19
The ASX 200 is down 23 points in mid-morning trade on flat leads. Energy ↑ on oil price, banks ok on bond yields ↑. Defensive sectors and tech worst. CSL ex big detractor. SYR market ↓date, MSB partnership. NAB bus confidence today. #ausbiz TODAY Economic data – NAB Business Confidence Ex-dividend – Adairs (ADH) 8.0c,… Continue reading MID MORNING MARKETS 10-09-19
MID MORNING MARKETS 05-09-19
The ASX 200 is up 29 points in mid-morning trade on +ve leads. Most sectors ↑ with Energy best and Gold and defensives lagging. A few results SIG, MYR, TPM, MFG FUM and BHP ex-div. Trade data ahead #ausbiz TODAY Economic data – Balance of Trade, Imports/Exports Ex-dividend – Air New Zealand (AIZ) 10.4c, Ariadne… Continue reading MID MORNING MARKETS 05-09-19
MID MORNING MARKETS 03-09-19
The ASX 200 is down 9 points in mid-morning trade after a quiet night. Financials ↑ but defensive REITS, Utilities and Gold ↓. MPL/ACCC proceedings, big moves for nickel & iron ore and big for data (retails sales/current account) & RBA. WOW ex #ausbiz TODAY Ex-dividend – Aust Ethical (AEF) 3.0c, Altium (ALU) 18.0c, Appen… Continue reading MID MORNING MARKETS 03-09-19
MID MORNING MARKETS 02-09-19
The ASX 200 is down 40 in early afternoon trade, despite +ve Chinese PMI, dragged down by Energy and Telcos. Nickle rally boosts materials. All else ↓. Ex-divs BEM, FMG, NHF +. IPL downgrade and TLS update on NBN. Big week ahead. #ausbiz TODAY Economic data – Home prices, AIG Manufacturing Index, CommBank Australia Manufacturing… Continue reading MID MORNING MARKETS 02-09-19
RunningMoney 