Presented by Michael Hevern
MDSFinancial
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General Advice Only
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In this morning s wrap
DOW: flat -0.1%
Consumer Confidence at 5 Month High;
BoA & Citi May Need $60bn to 70bn according to the Stress Test
NASDAQ: down 0.3%
SUN 3Q Loss Widens ($210m Loss);
IBM Raises Dividend;
FTSE: down 1.7%
Resource Stocks Weigh ;
DAX down 1.9% & CAC down 1.7%
NIKKEI: down 2.7%
YEN up; Earnings Concerns; Honda Expects 71% Profit Drop;
Hang Seng down 1.9%
Oil: down 1.1% – At $49
Swine Flu Concerns
Gold: down 1.5% ($890)
Commodities Lower;
USD Higher
SPI up 29 (0.8%)
SPI: Critical Levels: 3800 & 3600
ANZ CEO Smith [March] rude shock
ASX News
ANZ 1H09 net profit -28%; cash profit -43% (incl one offs); bad debt provisions $1.4bn
QAN Merrill says pullback buying opportunity
BrisCon D-day installment payment
Materials and Energy to weigh
Financials to weigh on earnings updates
Golds to weigh
ASX to open higher; US Flat on Flu
Tags: Add new tag, ASX News, Business News, Commodities, finance news, investors, oil price, stock market, stockmarket, trading
