Podcast Archive

Marcus Today End of Day Report -Thursday 8th July


Listen Later

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST.

ASX 200 closes up 15 at 7341 (0.2%) after early gains evaporate as Sydney numbers climb. Banks turned negative with the Big BankBasket down to $179.17. MFG slipped 3.9% on a broker downgrade and Z1P rose 13.7% after media reports of a potential substantial shareholding of around 4% from rival Klarna. Tech stocks mixed as XRO fell 0.4% with APT up 3.0% with the All-Tech Index up 1.1%. Miners were a bright spot with BHP up 1.8%, FMG up 0.7% and gold miners sliding.  In economic news, RBA governor Lowe has admitted in a speech that high immigration has hurt wage growth and highlighted the importance of achieving sustained full-employment “in the low 4s.” 10-year yields fell to 1.33%.  Dow futures down 92.

...more
View all episodesView all episodes
Download on the App Store

Podcast ArchiveBy Marcus Today


More shows like Podcast Archive

View all
On the Couch by Marcus Today

On the Couch

5 Listeners

Market Updates by Marcus Today

Market Updates

3 Listeners