ArgonautArgonautArgonautArgonaut
  • About Us
    • Business Model
    • Regulation
    • Community
    • Jason and the Argonauts
    • Disclaimer and Disclosure
    • COVID-19 Visitor Requirements
  • Corporate Finance
  • Stockbroking & Research
    • Stockbroking
    • Research
    • Best Execution Policy
    • Administration Forms
    • Open an Account
  • Special Situations
  • News
    • Latest News
    • Morning Notes
    • Latest Research
  • Contact
    • Careers
      • Advisers
      • Graduate Program
      • Internship Program

29/10/2018 – Argonaut Morning Note

    Home Stockbroking & Research Morning Notes 29/10/2018 – Argonaut Morning Note
    NextPrevious

    29/10/2018 – Argonaut Morning Note

    By admin | Morning Notes | 0 comment | 29 October, 2018 | 0

    Market Update

     
    Global equities fell sharply on Friday with the Dow down 296 points and seven of the eleven S&P 500 sectors were down at least 10% from their 52-week highs, including energy, materials and financials; These declines were enough to offset better than expected results on US economic growth. The Commerce Department reported that the US economy grew at 3.5% in the third quarter, above expectation of 3.4%; Despite a generally positive quarter of corporate results, bearish sentiment seems to be a recurring theme, with investor’s more concerned about the prospect of a hike in US rates by the Fed as we move past “peak earnings” in the cycle; Australian markets are set to be guided by key economic news over the course of the week with headline CPI, building approvals, export/import figures and retail trade numbers all set to be released by Friday.

    Please read Argonaut's Important Disclaimers & disclosures

    Log in to the client area below to download the full Morning Note PDF

    Argonaut Morning Note

     

     

    Google+

    No tags.

    NextPrevious
    • About Us
      • Business Model
      • Regulation
      • Community
      • Jason and the Argonauts
      • Disclaimer and Disclosure
      • COVID-19 Visitor Requirements
    • Corporate Finance
    • Stockbroking & Research
      • Stockbroking
      • Research
      • Best Execution Policy
      • Administration Forms
      • Open an Account
    • Special Situations
    • News
      • Latest News
      • Morning Notes
      • Latest Research
    • Contact
      • Careers
        • Advisers
        • Graduate Program
        • Internship Program
    Argonaut

    Argonaut | The Natural Choice in Resources.
    © 2022 Argonaut.

    Corporate Finance
    Stockbroking & Research
    Contact Us

    Argonaut | Perth

    Level 30, Allendale Square, 77 St Georges Terrace Perth, WA, 6000 Australia

    clientservices@argonaut.com

    ABN 72 108 330 650

    Argonaut | Login

    Client Area Help
    Register for Access to Client Area
    Privacy Policy
    Financial Services Guide 
    Website Disclaimer

    Copyright 2022 | Website ⚡ by Start Digital