The ASX 200 is up 9 points in mid morning trade despite a rebound in the US. Other markets less convinced by US enthusiasm. Eg Gold ↑ Energy ↓ Europe ↓. CBA result disappoints, SUN result ok, TCL in halt, Housing finance data ahead. The cat has not meowed…yet. #ausbiz TODAY Earnings – Transurban (TCL),… Continue reading MID MORNING MARKETS 07-08-19
MID MORNING MARKETS 06-08-19
The ASX 200 is down 177 points in mid morning trade after a record night on Wall Street. It’s all red, apart from the gold bits. RBA may take our minds off things..or not #ausbiz TODAY Ex-dividend – AFIC (AFI) 14.0c, CVC 8.0c Earnings – Shopping Centres of Australia (SCP) Economic data – Balance of… Continue reading MID MORNING MARKETS 06-08-19
MID MORNIG MARKETS 05-09-19
The ASX 200 is down 25 points in mid morning trade after another ppor night. Interest-rate sensitive sectors and gold best. Materials worst. Banks mixed. No ACCC “catch” for WES acq, FLT acq. Big RBA week #ausbiz TODAY Economic data – AIG Services Index, CommBank Australia Composite PMI, CommBank Australia Services PMI Final, ANZ Job… Continue reading MID MORNIG MARKETS 05-09-19
MID MORNING MARKETS 02-08-19
The ASX 200 is down 37 points in mid morning trade after trade dispute escalates. Gold and h’care ok but Energy, Materials & Financials all ↓. RIO result overshadowed. Downdates from BGA, GNC and ORA. LYC reg update. Retail sales and US jobs ahead #ausbizTODAY Economic data – Retail Sales, PPI BoJ Monetary Policy Meeting… Continue reading MID MORNING MARKETS 02-08-19
MIDDAY MARKETS
The ASX 200 is down 9 points at midday after recovering from weak leads after Fed hops on the fence. Gold the worst, Disc and banks ok. URW & JHG results, Dow update, PME in ASX200. RIO results ahead, as well as BoE decision and ISM index #ausbiz TODAY Economic data – AIG Manufacturing Index,… Continue reading MIDDAY MARKETS
MID MORNING MARKETS 29-07-19
The ASX 200 is up 15 points at midday (but fading) after +ve leads o/night. REITS the worst, IT & Telcos best. Results starting filter through. CCP below guidance EPS, CCV write-downs, BUB. Big week for data, earnings and central banks and I ran a half #ausbiz TODAY Japanese data – Retail Sales TONIGHT UK… Continue reading MID MORNING MARKETS 29-07-19
MID MORNING MARKETS 26-07-19
The ASX 200 is down 28 points in mid-morning trade after a -ve night. Utilities only +ve sector, IT, Industrials and H’care the worst. RMD Q good, GUD result, US GDP tonight and then a big week for data, earnings and central banks #ausbiz TODAY Resmed (RMD) – Q Earnings GUH Holdings (GUD) – Earnings… Continue reading MID MORNING MARKETS 26-07-19
MID MORNING MARKETS 25-07-19
The ASX 200 is up 15 points in mid-morning trade after a mixed night. IT and H/care on top, Materials lag on iron ore ↓ & broker ↓grades in the sector. Q reports from FMG & NCM, Good IFL flows & MQG AGM/update, ECB tonight #ausbiz TODAY RBA Gov Philip Lowe Speech Q production reports… Continue reading MID MORNING MARKETS 25-07-19
MID MORNING MARKETS 24-07-19
The ASX 200 is up 44 points in mid-morning trade after another largely +ve night. Gold lagging but all else ↑. Energy best. Q reports from EVN, ILU and BPT. Z1P Q update +ve. Quiet data but big US earnings ahead #ausbiz TODAY Economic data – CommBank Australia Manufacturing PMI Flash, CommBank Australia Services PMI… Continue reading MID MORNING MARKETS 24-07-19
MID MORNING MARKETS 23-07-19
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
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