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26/09/2018 Argonaut Morning Note

    Home Stockbroking & Research Morning Notes 26/09/2018 Argonaut Morning Note
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    26/09/2018 Argonaut Morning Note

    By admin | Morning Notes | 0 comment | 26 September, 2018 | 0

    Market Update & Important Indicators

    US Stocks drifted as Trump ups rhetoric giving America first speech at UN, “My administration has accomplished more than almost any administration in the history of our country,” the UN replied with embarrassed laughter;US 10yr yields were at 3.10% ahead of tonight`s expected 25bp hike from the FOMC; US Consumer confidence figures were much higher than expectations at 138.4 against estimates of 132.1 and a revised August figure of 134.7;Crude prices continued at 4-year highs, Trumps UN speech focused on the problems of Iran. Brent $81.80 with gains tempered after data showed an increase in US stockpiles

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