Morning Report 14 Jan 2015: Swings and roundabout in the US overnight, Dow traded in 425pt range. •US sharemarkets reversed course in volatile trade on Tuesday. •Around 1pm New York time, the S&P 500 fell below its 50-day moving average, dragging key indexes lower. •December trade from China beat expectations exports up 9.7% •KB Home down -16.29% •Freeport-Mcmoran Copper & Gold Inc down -7.55% •Oil price falling to a 5 and a half year low to US$ 46.04/barrel •S&P Composite 1500 Energy (Sector) down -0.73% •Australian $ at 0.8166 US Cents Source: https://youtube/watch?v=Pafvyvkyc1Y 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: Wed, 14 Jan 2015 00:23:53 +0000
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