Morning Report 5 Jan 2015: US markets held back by weak economic numbers and a higher USD. •Australian market up by 25pts at end of trade last Friday. •Euro stoxx down 6.99pts •Mario Draghi spoke about more stimulus from the European central bank in 2015 •US sharemarkets were mixed in thin trade on Friday with major indexes closing off session highs. Weaker-than-expected economic data weighed on sentiment. •At the close of trade the Dow Jones finished up by almost 10 points or 0.1% •US construction spending fell by 0.3% in November below forecasts for a 0.3% gain •Home depot lost 1.5% at the end of trade •Apple Inc. down by -0.95% •IBM up by 1.01% •Oil price currently holding at US$52.81/barrel •Gold price up by US$6/ounce to US$1,190/ounce •Australian market set for a 42pts lost at the start of trade •Australian $ at 0.8070 US cents Source: https://youtube/watch?v=vQa5ZteSPt4 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, 05 Jan 2015 00:28:03 +0000
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