MID MORNING MARKETS 13-3-18

The ASX is down 9 points in mid morning trade after a very quiet night in the US. Very little company news. Banking royal commission and “franking credit” cash crack-down the main focus. Aussie politicians appear (even more) stupid today. #ausbiz TODAY Ex–dividend – Apiam Animal Health (AHX) 0.8c, Centrepoint Alliance (CAF) 1.2c, Cleanaway Waste… Continue reading MID MORNING MARKETS 13-3-18

MID MORNING MARKETS 12-3-18

The ASX is up 48 points in mid morning trade on “perfect” US jobs number. Strong employment growth with benign wages growth. Gold the only sector in the red. BSL up on tariff news, NCM down on Cadia suspension.  #ausbiz TODAY Ex-dividend – APN Outdoor Group (APO) 12.5c, Caltex (CTX) 61.0c, ICSGlobal (ICS) 2.5c, Independence… Continue reading MID MORNING MARKETS 12-3-18

MID MORNING MARKETS 9-3-18

The ASX is up 4 points in mid morning trade as markets digest watered-down tariff news. Industrials and Financials in the lead, Energy and Materials lagging. S&P index changes announced. MYR out of 200. Focus moves to US jobs data tonight #ausbiz TODAY Ex-dividend – OZ Minerals (OZL) 14.0c, Wisetech Global (WTC) 1.1c Chinese data… Continue reading MID MORNING MARKETS 9-3-18

MID MORNING MARKETS 8-3-18

The ASX is up 22 points this morning as markets become more optimistic about the Trump tariff reality, with exemptions likely. BHP ex-div taking 7 points off the market. Chine trade data later today and ECB tonight.  #ausbiz Short report this morning – I’ve been at the Capital Economics Conference. Really great presentations. More bullish… Continue reading MID MORNING MARKETS 8-3-18

MID MORNING MARKETS 6-3-18

The ASX is up 59 points in mid-morning trade. All sectors positive. Dearth of news. RBA meeting, retail sales and current account out later. RHC, MPL, NCK BGA ex-div #ausbiz TODAY RBA Interest Rate Decision – no change is expected Domestic economic data – TD-MI Inflation Gauge, Current Account, Retail Sales Ex-dividend – Bega Cheese (BGA)… Continue reading MID MORNING MARKETS 6-3-18