Australian Stock Report - Market Pulse
Midday Market Analysis: October 14
marketpulse
Publish date: Fri, 14 Oct 2011, 01:28 PM
marketpulse
0 1,810
Welcome to MarketPulse, the Australian Stock Report's financial market blog. In the MarketPulse blog we aim to provide frequent updates on current events across the financial markets, including market wraps, articles in the news, opinions, reviews, financial education and finally our top tip of the week. The blog is published by the Australian Stock Report research and report editing team together with our very own "Passionate Trader", Carl Capolingua.
The Aussie market is struggling so far today, with the XJO currently 40 points (-1%) underwater.
Every sector is negative territory with materials and energy plays the hardest hit.
In economic news, China's inflation figures came in as expected and the market seems to have reacted positively.
With the numbers in line with expectations, traders are betting that the People's Bank of China will not have to take any further immediate action to curb growth in the economy.
Around the region, Asian markets are trading lower; the Hang Seng is down 1.3% whilst the Nikkei is down 0.7%.
Click to Receive FREE Trading Recommendations for the next 7 Days!
Midday Market Analysis: October 14 is a post from: Australian Stock Report Market Pulse Blog
More articles on Australian Stock Report - Market Pulse
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Latest Videos
Apps
Top Articles
1
2
CEO Morning Brief
Alibaba Aims to Raise US$5b in Dual Currency Bond Deal — Reuters
#
Stock
Score
Daily Stocks
Stock
Last
Change
Volume
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
