Thanks Boss and regulars.
Morning all.
TODAY'S FINANCIAL CALENDAR:
(EZ) - trade balance, Jul
(JP) - industrial production, Jul
(NZ) - business PMI, Aug
(NZ) - consumer confidence, Sep
(UK) - construction output, Jul
(US) - PPI, Aug
(US) - retail sales, Aug
(US) - business inventories, Jul
(US) - UMich consumer sentiment, Sep (initial)
(AMM) - Ex-div date
(BND) - Full Year Results
(BRG) - Ex-div date
(COK) - Full Year Results
(DTE) - Full Year Results
(DVA) - EGM
(FRM) - EGM
(GRY) - Full Year Results
(HAS) - Full Year Results
(KAR) - Full Year Results
(LNC) - Full Year Results
(LYC) - Full Year Results
(MFG) - Ex-div date
(PIR) - Full Year Results
(SIR) - Full Year Results
Some of the economic news have been mentioned above as per HLL's report.
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ASX200: now starting to test resistance at 5250 with the positive sentiment coming in from China and the US. Support at 5150 remains as a possibility.
S&P500:
China Shanghai Composite: smashing through the the resistance at 2200 and the descending triangle indicating a stop with the down trend. Reversal below the trendline can bring it back to support at 1950.
Gold: all I need to say is WHAT THE...? Testing the rising trendline and support of 1320? If we get a bounce, this time we can look at 1500 target.
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