Presented by Michael Hevern
MDSFinancial
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General Advice Only
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In this morning s wrap
DOW: down 0.1%
Dollar Index: Hovers Around Support
US$ Down;
A$ lower 91.88
FTSE: down 0.7%
BoE: Hold Rates 2yrs; Resource & Financial Stocks Weigh;
DAX down 0.6% & CAC down 0.8%
CHINA: down 3.5%
Banks Plan to Address Capital Adequacy Issues;
Hang Seng down 1.5%;
Oil: down 1.9% ($76)
Gold: up 1.6% ($1168) New Highs
Commodities Lower;
Dollar Lower
SPI Futures flat
Yet to Crack Oct. Highs
ASX News
Banks S&P says ALL banks have capital issues
NUF Sinochem deadline 3 Dec 09
TLS abandons $500m 10yr bond issue weak demand
Coal stocks in focus amid carbon credit debate
Possible takeover targets (source AFR):
CEU; BXB; CEY; AOE;
BEC; FGL; AMP; RIC;
HSP; OZL; WOR
Materials, Banks & Energy stocks to weigh
ASX to open lower
US & UK give back some gain
Tags: ASX News, Commodities, Dow, stockmarket, technical analysis
