CommSec Daily Report Tuesday
Latest NewsThe Aussie market has given up yesterday’s gains with the ASX 200 dropping 32 points or 0.53% heading into lunch. Local shares received a weak lead from Wall Street which fell from its recent highs as US 10 year interest rate yields rose to its highest levels since April 2014.Back home, all sectors are…
Asia News Agenda Tuesday
ASIA NEWS AGENDA ON TUESDAY+ 70th anniversary of assassination of India’s ‘father’ Gandhi + Duterte visits city devastated after militant siege INDIA– India remembers its independence icon Mahatma Gandhi, 70 years after he was assassinated in New Delhi PHILIPPINES– Philippine President Rodrigo Duterte visits the battleground southern city of Marawi, which government forces retook last year after a…
CommSec Daily Report Thursday
Latest NewsLocal shares started the eve of the Australia Day public holiday under pressure, reflecting mixed outcomes for US shares overnight. The main feature of US trade was a mid-session sell off reflecting the (continuing) rise US 10 year bond yields (long term interest rates) which hampered interest rate sensitive sectors of the market, such…
Asia News Agenda Wednesday
ASIA NEWS AGENDA ON WEDNESDAY+ China urged to release dissident bookseller+ Scores stranded at Japan ski resort as volcano erupts+ Deal reached on Pacific trade pact after US pull-outHONG KONG/SWEDEN– Anger mounts as Stockholm asks Beijing to release dissident publisher Gui Minhai after the Swedish citizen was snatched for a second time in mainland China…
Asia News Agenda Tuesday
ASIA NEWS AGENDA ON TUESDAY+ Myanmar case against Reuters journalists to begin+ Mattis meets Indonesian president, defence ministerMYANMAR– Court case against Reuters journalists charged under Official Secrets Act expected to formally begin.INDONESIA– United States Defense Secretary Jim Mattis meets his Indonesian counterpart and President Joko Widodo in Jakarta as the US looks to curb the…
CommSec Daily Report Tuesday
Latest newsThe Australian market is off to a better start with the ASX 200 index up 0.7 per cent, is back above 6000pts and is ending a five-day losing streak. Gains from the big banks and ResMed (RMD) are the biggest contributors to the gains. This follows US shares hitting record highs thanks to the…
CommSec Daily Report Monday
Latest newsThe Australian market opened firmer this morning but has faded at lunch and is now slightly lower for the fifth straight day. While the market is a little softer, the index is hovering just above support at 6000pts. Gains from mining stocks and consumer staples are helping offset losses from the banks.US markets hit…
CommSec Daily Report Friday
Latest NewsLocal shares started the last session of the week in listless fashion reflecting the flat finish for US equity markets this morning.US participants reflected on a weaker round of economic news in the session, in the process capping gains for stocks. Additionally , Investors remained wary of taking on new positions ahead of a…
Asia News Agenda Thursday
ASIA NEWS AGENDA ON THURSDAY+ Riots in Myanmar’s restive Rakhine state+ Hong Kong activists go on trial for rioting+ Federer, Halep in action at Australian OpenMYANMAR– Following developments after seven ethnic Rakhine protesters die as Myanmar police open fire during a riot in the combustible state.HONG KONG– Trial begins of pro-independence protesters Edward Leung and…
CommSec Daily Report Thursday
Latest newsAustralian shares are holding onto modest gains at lunch, snapping a two-day losing streak thanks to improvements from the big banks. The ASX 200 index is up by just 0.04 per cent, giving back most of this morning’s lift as mining stocks fade from a better start. Energy stocks – which only account for…
