CommSec Daily Report Friday
Latest news Aussie shares are down by 0.2 per cent on Friday, putting an end to a four-day winning streak due to losses from resource stocks at lunch. The ASX 200 however remains above 6000pts, near fourmonth highs and keeps the index on track to record its best weekly performance since December.Global markets provided local equities…
CommSec Daily Report Wednesday
Latest News After experiencing its best daily performance in more than 2 years and closing at four month highs, the Aussie market was easing slightly with the ASX 200 pulling back in early trade. The index has improved to be off its lows at lunch, and now back in positive territory, trading 15 points or 0.25%…
CommSec Daily Report Tuesday
Latest newsAussie shares are trading at four-month highs with the ASX 200 up 1.9 per cent and back above the key 6000pt level. Gains from the financials and miners are making the difference. Local stocks have rallied by more than 10 per cent from the lows hit in December and have recouped almost all 2018’s…
Australian House Prices down 10% from Peak
By Steve Keen, DebtWatch There are several providers of statistics on Australian house prices, but only one that doesn’t have a vested interest in the direction house prices actually move in: the Australian Bureau of Statistics. So despite the criticisms of this series-that it’s based on detached dwellings only, based on median sales data, too…
European telecoms’ dilemma: Huawei or the highway?
It’s a dilemma for European telecoms firms: Should they steal a march on competitors and rapidly roll out next-generation 5G mobile networks using equipment from top supplier Huawei? Or should they heed US-led warnings of security threats and sit tight, and possibly fall behind?Getting it right will have big consequences as 5G networks are the…
CommSec Daily Report Monday
Latest NewsIt has been a choppy start to the new week, reversing earlier losses to climb 28 points or 0.5% to 5891.5. The index was down 14 points at its worst levels near the open. The Aussie market was tipped to open higher following strong US unemployment growth and optimism surrounding US-China trade talks helping…
CommSec Daily Report Friday
Latest NewsWith January being the best monthly performance since April last year, the start to February has been more subdued as the ASX 200 climbs 3 points to 5868 approaching lunch on Friday. This follows a mixed lead from Wall Street. For the week, the top 200 index is currently looking at a weekly loss…
CommSec Daily Report Thursday
Latest NewsEarly gains are fading for the Aussie market despite a strong lead from Wall Street. US markets were relieved to hear that the US Fed has changed its tune on interest rate movements after leaving rates unmoved at the conclusion of its most recent meeting. The Fed is now looking to be more “patient”…
CommSec Daily Report Wednesday
Latest NewsLocal shares opened with a pop after a strong start from miners, rebounding from yesterday’s losses with the ASX 200 lifting 33 points on the open. That positive momentum hasn’t been maintained as the session progresses with the top 200 index falling from its earlier highs. Approaching lunch, the AASX 200 is trading 5…
CommSec Daily Report Tuesday
Latest newsAussie shares are kicking off the holiday shortened week under pressure, with the ASX 200 down 0.75 per cent as losses from the banks and healthcare sectors weigh heavily.Mining stocks are standing out on Tuesday however, thanks partly to a near five per cent surge in iron ore prices. This was unfortunately triggered by…
