
Jerome Powell speaks to the Wall Street Journal, the markets react instantly
The Fed Head’s WSJ interview generated plenty of interest in the [...]
Extremely weak overnight leads, thanks to geopolitical concerns, provided a sombre setting for the local Aussie market, which retreated quickly on open, following the 0.84 per cent drop on the Dow Jones index, which saw our market lose 6.6 points for the day. All eyes will be on the Australian unemployment figures due tomorrow at 11:30am.
How did the Aussie market perform today?
S&P/ASX200 lost 6.6 points or -0.12% on volume of $2.1 billion, closing at 5512.
Australian sector watch
Looking over the charts
ASX top 200 stock analysis
48% of stocks are showing oversold levels, 9% are showing overbought levels and 54% of stocks are currently above their long term moving average as of close of trading today. View the image below to better understand overbought and oversold levels.
S&P/ASX 200 Gainers and Losers
Top 5 gainers:
Top 5 Losers:
Please note that these are our initial impressions and that it is important to read all disclaimers on this website when considering the information. If you would like to discuss further please contact:
Ashley Jessen
Director of Communications
Email: ashley_jessen@invast.com.au
Phone: 02 8036 7567
Wednesday, 06 Aug, 2014 / 8:29
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