News: Outlook: Mixed leads point ASX to flat start, page-15

  1. 61 Posts.
    I don't know anything for sure but could give you two guesses:
    1) ANZ outperformed the other big banks last week, and this is just a bit of a correction.
    2) Investors might be pessimistic about the report due next Tuesday, particularly with respect to results from the super-regional strategy.

    The next day or two will give a better indication of which of these is the more likely cause.
 
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