Month: October 2014
European markets get hammered, but US recovers ahead of employment data, is a low close at hand?
The ASX 200 broke its recent losing streak today, closing 21 points higher at 5,318, mostly led by the banking sector, with ANZ closing 42 c higher at $31.64 and Bank of Queensland (BOQ) closing 21c higher at $12.12.
Please see our Market Video Update 1st October 2014, Banks, ANN and Gold
It was another choppy session today, with the ASX200 closing down 36 points at 5,298, with a range of 51 points.
The polarisation of economies is reflected perfectly by the UK Retailers
The ASX 200 sold off early in today’s session, only to rally aggressively (87 points from intraday lows) towards the close, ending the day 41 points higher at 5,334.
Really bullish, there's more to go in the reflation rally
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