Morning Report 6 Jan 2015: At the close Dow Jones was lower by 331pts - oil hit •US sharemarkets followed European bourses lower on political and economic uncertainties in Europe. • The energy sector was amongst the hardest hit with the oil price slumping to fresh 5-1/2 year lows. At the close Dow Jones was lower by 331pts •Euro stoxx down by 116pts •Concerns outcome of the Greek election on 25th of January could see Greece leave the Eurozone and not use the Euro •US auto sales in 2014 over 16.5 million cars sold up by 5.9% •Caterpillar Inc. down -5.28% •Oil down below US$50 at US$49.87 the first time in 5 and half years •Gold price up nearly US$20/ounce •Australian market set for a 80pts slide at the start of trade •Chinese manufacturing data out today December HSBC PMI •Australian $ at 0.8087 US cents Source: https://youtube/watch?v=2zyHtdOR3fc 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: Tue, 06 Jan 2015 00:41:22 +0000
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