The Australian Share market has run out of steam to end the week...

Quay Equities

The Australian Share market has run out of steam to end the week, the market trading marginally lower with investors reluctant to make moves after digesting a huge week where they had to digest both the RBA minutes, Fed Reserve policy meeting and continued volatility in the commodity markets. Market Turnover reflecting the quieter morning with turnover much lower at $1.302 billion. Expect the flat trade to continue into the afternoon with no economic releases expected out of the Asian Pacific Region. RBA Governor Glenn Stevens does speak in Melbourne but expect a conservative approach particularly in the face of the information out of the Fed this week and the fresh expectations of RBA cuts sooner rather than later. For the complete wrap please visit (VIEW LINK)

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Quay Equities
Quay Equities

Quay Equities is a privately owned investment advisory firm independent of banks and brokers. This enables us to focus solely on our clients’ needs whilst providing conflict-free advice on Australian Shares. The team at Quay specialise in...


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