Presented by Michael Hevern
MDSFinancial
Click here to watch the presentation.
or
Click here to download the mp3 audio recording (798Kb).
General Advice Only
*************************************************
In this morning s wrap
DOW: closed (Flat Last Week)
3-day Weekend
NASDAQ: closed (up 0.5% Last Week)
FTSE: Closed (up 0.6% Last Week)
Closed;
DAX flat 0.01% & CAC up 0.4%
NIKKEI: up 1.3 % (down 0.5% Last Week)
GS says Buy: Komatsu
&Hitachi Construction
Hang Seng: up 0.4 % (up 43% from March Lows)
India up 14% Last Week (1992)
Oil: down 0.3% ($61) (up 9% Last Week)
Low Volumes;
US Inventories Down
Gold: flat ($958) (up 3% Last Week)
Commodities Closed;
USD Lower (4 month Lows)
SPI down 8 (0.2%) (up 1% Last Week)
SPI: Critical Level(s): 3800 to 3600
Financials Drag; Swine Flu Weighs
A$: Approaching 80 cents (AUDUSD)
Commodities Improving;
Interest Rates Higher
ASX News
RIO FIRB pre-meeting – Chinalco deal concerns
OZ Prominent Hill; Minmetals deal
ASIC removes the Short-Selling Ban on Financials see Special Report
MQG & PPT Biggest losers down 6.6% & 9% respectively
$A Strength starting to hurt our exporters; helps importers
Golds to support
Materials, Financials and Energy flat
ASX to open flat; US & UK closed
Tags: ASX News, Aussie Dollar (A$), Business News, OZ Minerals, Rio Tinto, share market, stockmarket, trading
