MID MORNING MARKETS 7-8-18

The ASX200 is down 10 points in mid-morning trade after a quiet US session. Resources and consumer stocks down, banks ok, Energy the best. Results season swings IFL, TCL, NVT, RKN. AMC confirms acqu, ECX profit warning, RBA today. #ausbiz TODAY Domestic data – AIG Construction Index RBA Interest Rate Decision Japanese data – Household… Continue reading MID MORNING MARKETS 7-8-18

MID MORNING MARKETS 6-8-18

The ASX200 is up 26 points in mid-morning trade. Materials lead, Telcos and consumer Disc lower. AMC trading halt on acquisition, SEK impairments and guidance update. RC starts up again. Big week for the RBA, AMP and CBA results, Diggers&Dealers.  #ausbiz TODAY Domestic data – ANZ Job Advertisements Royal Commission resumes – the focus on… Continue reading MID MORNING MARKETS 6-8-18

MID MORNING MARKETS 2-8-18

The ASX200 is down 9 points in mid-morning trade after mixed leads. Fed on hold but more hawkish, Materials hit on LME dive, Staples and banks OK. RIO disappoints, IVC acquisition, CVW director arrest, BofE tonight #ausbiz TODAY Economic data – Balance of Trade, Imports/Exports TONIGHT UK Construction PMI JUL BoE Interest Rate Decision– expected to… Continue reading MID MORNING MARKETS 2-8-18

MID MORNING MARKETS 1-8-18

The ASX200 is up 4 points in mid-morning trade. Trumps Trade Tariff Talk. Materials strong, banks and Telcos lower. JHC result, GMA –ve on housing, ALQ AGM guidance, RIO FY later today and FOMC tonight #ausbiz TODAY Economic data – AIG Manufacturing Index Japanese data – Nikkei Manufacturing PMI Final Chinese data – Caixin Manufacturing… Continue reading MID MORNING MARKETS 1-8-18