The ASX 200 is up 27 points in mid-morning trade after a largely +ve night. Gold and miners lag after fall in comms. IT, Industrials, Energy and consumer ↑. DOW contract, OZL Q, Quiet before the earnings/Fed storm…#ausbiz COMPANY NEWS Downer (DOW) – Has been selected by AusNet Services to provide operational and maintenance services… Continue reading MID MORNING MARKETS 23-07-19

The ASX 200 is up 26 points in mid-morning trade despite US volatility on strong data and Trump trade tweet. Energy worst, Utilities & Staples best. BHP Q, IVS acq, ELD online, EHE class action and AXP shuts shop. UK & Euro Inflation numbers ahead #ausbiz TODAY Economic data – Westpac Leading Index Q reports… Continue reading MID MORNING MARKETS 17-07-19

The ASX 200 is up 2 points in mid-morning trade after a big duck-paddling night (bank earnings/Chinese data beneath the surface). Energy, Telcos & Financials ↓, Gold & Materials ↑. RIO, GXY, HUB Q. RBA minutes and more banks reports ahead #ausbiz TODAY RBA Meeting Minutes Q Reports – Oil Search (OSH), Rio Tinto (RIO)… Continue reading MID MORNING MARKETS 16-07-19

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

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

The ASX 200 slightly lower (-7) in mid-morning trade after another weak night. Materials ↑ on iron ore recovery, banks weaker on new APRA capital requirements, COL in AI alliance, NAB business confidence ahead #ausbiz TODAY Economic data – NAB Business Confidence Ex-dividend – Collins Foods (CKF) 10.5c, Metcash (MTS) 7.0c Japanese data – Average… Continue reading MID MORNING MARKETS 09-07-19

The ASX 200 is up 28 points in mid morning trade after a record-setting night on Wall St, boosted by rate cut exp. Materials & Gold lag but banks and healthcare↑. Quiet news day. Retails sales ahead. US closed tonight. $A70.36 as ↑ continues  #ausbiz TODAY Economic data – Retail Sales (prev -0.1%, exp 0.2%)… Continue reading MID MORNING MARKETS 04-07-19

The ASX 200 is up 17 points in mid morning trade after a mixed night. Oil ↓ 4.8%. Iron ore ↑ 4.1% and Sn ↓6.51% the high and low-lights. Gold sector best, Energy worst (surprise!). WOW to exit pokies, VOC strategy update, $A keeps ↑ despite RBA. #ausbiz TODAY Australian economic data – building approvals,… Continue reading MID MORNING MARKETS 03-07-19

The ASX 200 is up 24 points in mid morning trade after strong overnight leads. It best with APT board/gmm ∆, telcos worst after SDA ↓date. Materials good and banks mixed. RBA yes or no? (Odds are $2.80 for no change) #ausbiz TODAY RBA meeting – markets seeing about an 80% chance of a rate… Continue reading MID MORNING MARKETS