The COB from ausbiz

A solid but unspectacular close to a choppy week. The ASX200 flirted with the 6,200 level before closing up 0.6% at 6,126...


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A solid but unspectacular close to a choppy week. The ASX200 flirted with the 6,200 level before closing up 0.6% at 6,126.

The market seems to be in a holding pattern with uncertainty abounding as we head into peak reporting season next week. The RBA's Phil Lowe made it clear today that the RBA would be keeping its powder dry for the time being, despite some commentators saying that QE should be more extensive than just targeting three-year yields. Our top three VODs for today are:

There is no road map - and the survivors will know where the cheap value is

"We're a long way ahead of the pack and we intend to stay there"

Financials in Focus: Two down, two to go


Have a great weekend...

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