Presented by Michael Hevern
MDSFinancial
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General Advice Only
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In this morning s wrap
SP500: up 0.1% (down 0.5% for Week)
Fed Raised Discount Rate; But Fed Rate Remains Hold
Solid Week Despite Poor Data;
NASDAQ: up 0.2% (down 0.3% for Week)
Consolidates
Dollar Index: Testing Highs
US$ Consolidates;
A$ up 89.79
FTSE: up 1.4% (flat for Week)
Fears Douple Dip On Falling Business Investment
DAX up 1.2% & CAC up 1.9% (down 2% for Week)
CHINA: up 0.3% (up 1.1% for Week)
China: Reopens; ;
Hang Seng up 3.6% for Week
Oil: up 1.9% ($79) (down 0.4% for Week)
Volatile Week
Gold: up 1% ($1117) (down 0.5% for Week)
Commodities Higher;
USD Lower
SPI:Critical Level(s): 4500 to 4750 (down 1.2% for Week)
SPI up 16 (0.3%)
Current Support Level Critical
ASX News
WOW 1H Profit up 11%; f cast FY 8-11%; $400m buy-back
HVN 1H profit up 31%; Rev Flat; with IKEA in Springvale
ANZ Profits up 16% at 31Jan; Bad Debt Provisions down 9%
LLC – $806m capital raising
Reporting:
Mon NUF EGM; ABS Balance of Trade Figures;
Tues RBA rate decision
ASX to open marginally higher
US & UK flat after week of consolidation?
Tags: ASX News, BHP, Crude Oil, Dow, gold, stockmarket, trading
