The ASX 200 falls 28 points to 6949 (0.4%) in a quiet start to a big week. ANZ results dominated with a small sell-off after missing some targets and dividend franking levels. The Big Bank Basket dropped to $175.71(0.2%) with ANZ down 3.0%. The other three held firm, MQG slid 2.6% as it went ex-dividend. Other financials slipped, GQG off 0.4% and PAC down 6.3% on a takeover update. Industrials drifted lower, REA down 2.1%, XRO slipping 1.4% and QAN lower by 1.1%. Healthcare little changed, CSL unchanged and RMD off 0.1%. In resources, iron ore still the place to be.. just. BHP up 0.3% and lithium once again in the toilet, PLS down 0.9%, IGO off 1.8% and AKE tumbling 3.1%. Gold stocks also in trouble, with NST off 2.6% and EVN down 1.6%. Oil and gas easing back too. In corporate news, ELD ran hard on results up 18.3% and a squeeze with BLD up 5.1% on a decent upgrade. 4DX had a great day on US reimbursement news up 70.7%. TPG fell 11.7% as the Vocus deal fell apart. ORG declares a special dividend if deal goes through. In economic news, Marion Kohler (RBA), said that the “next stage in bringing inflation back to target is likely to be more drawn out than the first”. Asian markets flat, Japan unchanged, HK down 0.1% and China off 0.5%. 10-year yields up slightly to 4.67%. European markets set to open weaker. Oil down 0.9% in Asia.

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