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The Market Wrap with Tony Sycamore – Market Analyst, IG Australia

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Manage episode 492359397 series 2479973
Content provided by Nine Radio and Money News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio and Money News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

US rates could be cut sooner than expected, depending on results out of the Non-Farm Payrolls this week.

MARKET WRAP:

  • ASX200: down 0.02%, 8595
  • GOLD: $3,356 US/ounce
  • BITCOIN: $166,513 AUD
  • Pro Medicus climbed 7.8% to $307.39 after announcing two contracts in the United States worth more than $200 million in total.
  • BHP jumped 5.6%, Mineral Resources closed 7.8% higher, with Fortescue & Rio Tinto up 1.8%.
  • Up more than 1% was Wisetech Global, James Hardie and Bluescope Steel.
  • G8 fell 7.4% for its third day of losses in a row after one of its former employees was charged with offences related to the alleged abuse of children.
  • Commbank down 2.2%, NAB off 1.1%, and Westpac down 0.7%. ANZ escaped the losses, up half a percent.
  • JB Hi-Fi down 3%, Harvey Norman off 1.5%, and Myer losing 1.6%.

CURRENCY UPDATE:

  • AUD/USD: 64.8 US cents
  • AUD/GBP: 48.1 pence
  • AUD/EUR: 55 Euro cents
  • AUD/JPY: 94 yen
  • AUD/NZD: 1.08 Dollars

See omnystudio.com/listener for privacy information.

  continue reading

112 episodes

Artwork
iconShare
 
Manage episode 492359397 series 2479973
Content provided by Nine Radio and Money News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio and Money News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

US rates could be cut sooner than expected, depending on results out of the Non-Farm Payrolls this week.

MARKET WRAP:

  • ASX200: down 0.02%, 8595
  • GOLD: $3,356 US/ounce
  • BITCOIN: $166,513 AUD
  • Pro Medicus climbed 7.8% to $307.39 after announcing two contracts in the United States worth more than $200 million in total.
  • BHP jumped 5.6%, Mineral Resources closed 7.8% higher, with Fortescue & Rio Tinto up 1.8%.
  • Up more than 1% was Wisetech Global, James Hardie and Bluescope Steel.
  • G8 fell 7.4% for its third day of losses in a row after one of its former employees was charged with offences related to the alleged abuse of children.
  • Commbank down 2.2%, NAB off 1.1%, and Westpac down 0.7%. ANZ escaped the losses, up half a percent.
  • JB Hi-Fi down 3%, Harvey Norman off 1.5%, and Myer losing 1.6%.

CURRENCY UPDATE:

  • AUD/USD: 64.8 US cents
  • AUD/GBP: 48.1 pence
  • AUD/EUR: 55 Euro cents
  • AUD/JPY: 94 yen
  • AUD/NZD: 1.08 Dollars

See omnystudio.com/listener for privacy information.

  continue reading

112 episodes

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