AUS Cricket & Market At Lows... Is There a Correlation? | Oil Below $45.00/Barrel... | Happy Friday... |

Niv Dagan

Peak Asset Management

Good Morning, And happy Friday… Well, not the greatest morning for Australian Cricket, nor the markets… Australia bowled out for 60… lowest test score in history? US markets now at 6 months lows… is there a correlation? What's on today? Friday: Australia housing finance, Statement on Monetary Policy ; The BOJ will announce monetary policy at the end of a two-day meeting in Tokyo; German industrial production; France industrial production; US non-farm payrolls, Baker Hughes rig count for oil and gas, consumer credit Stocks in focus Deutsche Bank maintains a "buy" recommendation on Skilled Group and a price target at $1.90 a share. Bell Potter raised its price target on Shine Corporate to $3.65 from $3.58 and has a "buy" recommendation on the law and legal services company. Deutsche Bank preview: "We expect gaming sector earnings to surprise to the upside in the upcoming reporting period given strong domestic and VIP gambling expenditure, good cost control, and lower funding costs. We expect all companies to exceed consensus estimates." The SPI is pointing to a 40 point fall this morning


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Executive Director
Peak Asset Management

Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...

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