Presented by Michael Hevern
MDSFinancial
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General Advice Only
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In this morning s wrap
DOW: up 0.7% (down 3.2% for Week)
Financials & Tech Lead;
Busy Week Ahead For Economic Data
NASDAQ: up 1.1% (down 1.8% for Week)
Fed to Rate Bias To Upside
FTSE: up 1.5 (down 2% for Week)
Xstrata to Merge with Anglo ($US83bn deal);
DAX down 1.4% & CAC up 0.9%
NIKKEI: up 0.9% (down 3.6% for Week)
Japan: Elections/Spending/Welfare;
Hang Seng up 0.8%
Oil: down 2.6% (down 4.1% for Week)
Breaks $70
Gold: Flat (down 0.4% for Week) ($935)
Commodities Up;
USD Lower
SPI up 7 (0.2%);
SPI: Critical Level(s): 3850 to 4000
ASX News
$50bn worth of capital raisings YTD
AAC- no to capital raising
BCI raises $22m
WOR Egypt/Armenian nuclear power plants
MCC raising $190m; Profits to double
ASX to open flat;
US & UK mixed
30-Jun just over a week away
Tags: ASX News, BHP, Business News, Commodities, Crude Oil, oil, shares, stock market
