End of Day Report
ASX 200 craters then rallies to close up 13 points, on its highs for the day at 5292 after testing 5200. Big volume too. Banks suffer a sorry end to a big week despite record profits from Macquarie Group. AUD slides under 74 cents, just, on RBA outlook and inflation downgrade. Asian markets slide on a stronger USD with Japan -0.7% and China -1.8%. US futures -11 points. (VIEW LINK)
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Marcus Padley founded Marcus Today in 1998 and leads the team of analysts and market commentators that publishes a daily stock market newsletter, presents four podcasts and runs an $80m Australian equity fund. He is passionate about educating and informing private investors with insightful, honest, straight-up independent stock market research and ideas. Marcus likes to call it as it is without agenda, puts subscribers first, and this has paid off for real people with real money.
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