Skip to Content

Australian Investment Blog

Morning Report 28/08/2015

Morning Report Friday 28 August 2015

It’s always refreshing to our views on the market be supported by market action. So, as we turn on our screens and the Dow is up another 369 points (2.27%) is the panic over China finished so that equities will refocus on fundamentals closer to home? Certainly the extreme volatility of the last week will settle but there is no doubt that the market will be nervous for a while yet.

With our market action of the last few days it is clear that it wants to go up. Resources increasingly look likely to add to strength in the ASX200 for the first time in years and oil bounced strongly overnight. Banks performed well as expected. However, with the week drawing to a close it is a good idea to have a bit of an overall perspective before our detailed weekend report.


Show more...

You need to be a member to view this article

REGISTER FOR FREE INSTANT ACCESS


Already a member? Login Here

Back to top