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BHP.AX
25.06
-0.78
-3.02%
 
CBA.AX
83.02
-0.46
-0.55%
 
ANZ.AX
30.96
-0.21
-0.67%
 
NAB.AX
31.9
-0.19
-0.59%
 
WBC.AX
34.09
-0.08
-0.23%
 
NCM.AX
23.53
+0.11
+0.47%
 
CSL.AX
117.74
-2.25
-1.88%
 
RIO.AX
62.88
-2.72
-4.15%
 
MQG.AX
86.31
-0.66
-0.76%
 
TLS.AX
4.81
-0.01
-0.21%
 
WES.AX
43
-0.2
-0.46%
 
CYB.AX
4.41
-0.02
-0.45%
 
HGG.AX
3.66
-0.04
-1.08%
 
STO.AX
3.91
-0.05
-1.26%
 
WFD.AX
8.8
-0.1
-1.12%
 
FMG.AX
6.57
-0.23
-3.38%
 
WPL.AX
32.01
+0.32
+1.01%
 
QBE.AX
12.3
-0.16
-1.28%
 
WOW.AX
26.5
0.00
0.00%
 
AMC.AX
14.19
-0.31
-2.14%
 
BHP.AX
25.06
-0.78
-3.02%
 
CBA.AX
83.02
-0.46
-0.55%
 
ANZ.AX
30.96
-0.21
-0.67%
 
NAB.AX
31.9
-0.19
-0.59%
 
WBC.AX
34.09
-0.08
-0.23%
 
NCM.AX
23.53
+0.11
+0.47%
 
CSL.AX
117.74
-2.25
-1.88%
 
RIO.AX
62.88
-2.72
-4.15%
 
MQG.AX
86.31
-0.66
-0.76%
 
TLS.AX
4.81
-0.01
-0.21%
 
WES.AX
43
-0.2
-0.46%
 
CYB.AX
4.41
-0.02
-0.45%
 
HGG.AX
3.66
-0.04
-1.08%
 
STO.AX
3.91
-0.05
-1.26%
 
WFD.AX
8.8
-0.1
-1.12%
 
FMG.AX
6.57
-0.23
-3.38%
 
WPL.AX
32.01
+0.32
+1.01%
 
QBE.AX
12.3
-0.16
-1.28%
 
WOW.AX
26.5
0.00
0.00%
 
AMC.AX
14.19
-0.31
-2.14%
 
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Read Today’s Market Note
  • - The ASX is unchanged this morning with SPI Futures remaining at 5759 …
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Market Note – our daily market newsletter

February 24, 2017
The ASX is unchanged this morning with SPI Futures remaining at 5759 points. The S&P 500 traded 0.1% higher after reaching an all time high, with industrials dropping around 0.8%. The Nasdaq under-performed, sliding 0.4%. Industrials under-performed from the remarks made by the newly minted Treasury Secretary Steve Mnuchin as he said he wanted to see “a very significant” tax reform passed before Congress’ August Recess. The prospect of a tax reform has been one of the key catalysts in the U.S. stock markets post election rally followed closely by deregulation and government spending. Oil price gains eased on Thursday after the US government data showed a seventh straight build in crude stocks, which could suggest high inventories could undermine OPEC’s move to cut output. US light crude oil settled up 86 cents or 1.6% at $US54.55 a barrel. After soaring in the weeks following the Lunar New Year holiday, it now appears that the iron ore rally is unwinding. Spot markets slumped on Thursday following a late plunge in Chinese futures and with the latter down heavily again overnight, the weakness may extend to a third session. The spot price for iron ore tumbled by 3.14% to $US91.34 a metric tonne. Gold prices ended the US day session with solid gains and notched a 3.5 month high on Thursday. There continues to be a steady flow of save haven demand into gold from traders and investors world wide with Gold prices up 1.35% to $US1,250.00 per ounce. The Australian Dollar this morning was buying 77.16 US cents. No significant economic data is scheduled to be released today. From the Kaz Team.
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