15/09/2014, AM Report: Another slide in the US as tensions in Iraq build •US sharemarkets fell on Friday as investors took profits on speculation that the Federal Reserve could take a more hawkish view on the rate outlook at Tuesdays meeting. •The Dow Jones index fell by 61.5 points or 0.4%. •ASX 200 down 14pts by the end of trade last Friday •ASX200 at 20pts lost at the start of trade •New U.S and EU sanctions imposed in Moscow will hit energy giants and industrial firms •US Central bank policymakers-FOMC meets over Tuesday and Wednesday •Decision announced at 4am (AEST) Thursday. •Tip a modest –Even “symbolic”- cut of bond purchases of around US$10B/mth •Yahoo inc. up by 3.93% •Gold at US$1,229/ounce •Oil price at US$92.15/barrel •Industrial production from China up by 6.9% weakest result in 5 and half years •Australian $ at 0.9041/USC Source: https://youtube/watch?v=3iVNYgPo9co&list=PL468C060A35A7B82B Disclaimer: *Justin McMillan is an Authorized Representative of RI Advice Group Pty Limited (ABN 23 001 774 125), Australian Financial Services License 238429. This editorial does not consider your personal circumstances and is general advice only. You should not act on the information provided without first obtaining professional financial advice specific to your circumstances. The taxation information contained in this editorial is provided as a guide only and should not be relied upon. You should seek independent tax advice from a qualified tax adviser.
Posted on: Mon, 15 Sep 2014 00:22:40 +0000
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