Presented by Michael Hevern
MDSFinancial
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General Advice Only
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In this morning s wrap
DOW: down 0.2% (down 1.8% for Week)
New Home Sales & Durable Goods Disappoint ;
G-20: Crisis shared path ;
NASDAQ: down 0.8% (down 2.0% for Week)
RIMM: F cast 3Q Sales Down;
FTSE: up 0.1% (down 1.9% for Week)
BoE: Weaker Pound;LSE Growth by Acquisitions
DAX down 0.4% & CAC down 0.5%
NIKKEI: down 2.6% (down 0.9% for Week)
JPY: Yen 7-Month High; Sanyo F cast US$331m Loss
Hang Seng down 1.1% (down 2.8% for Week);
CHINA: down 0.5% (down 4.3% for Week)
Industrial Profits Declining At Slower Pace;
US$586bn Stimulus Continues (Overheating)
Oil: up 0.5% ($66) (up 8.1% for Week)
Mid Range
Gold: down 0.2% ($991) (down 2% for Week)
Commodities Mixed;
USD Lower
SPI: Critical Level(s): 4750 to 4550
SPI down 20 (+0.4%) ( up 0.3% for Week)
Capital Raisings, IPOs & M&A
ASX News
Myer 140,000 requests for prospectus
Banks WBC, NAB & ANZ FY results due
Materials & Energy stocks to trade lower
Banks to recover
ASX to open lower
US & UK flat close to negative week
Tags: ASX News, Business News, Crude Oil, Dow, stockmarket, trading
