MID MORNING MARKETS 15-07-19

The ASX 200 is down 46 points in mid-morning trade despite +ve leads. Gold OK but rest terrible. IT, Telcos worst. AMP life sale dead, EDL acq and raising, US bank earnings in focus (margin pressure anyone?) Citigroup tonight.  #ausbiz TODAY Chinese data – House Price Index, GDP Growth Rate, Retail Sales, Industrial Production, Fixed… Continue reading MID MORNING MARKETS 15-07-19

MID MORNING MARKETS 11-07-19

The ASX 200 is up 19 points in mid-morning trade after the Fed-focused-festivities. Gold all sparkly as US$ drops, banks need more capital to get their cultural sh*t in order (again!), and MHJ has been ripping of staff for years. Housing finance today and US CPI tonight.  #ausbiz COMPANY NEWS APRA – Has applied additional… Continue reading MID MORNING MARKETS 11-07-19