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Stock Market

Potential market ranges under RBA Scenarios

Below we have collated the opinions of our rates trading desk on the near term price action following today's 2:30pm (AEST) June RBA announcement. We have included 3 scenarios - the RBA on pause with an accompanying neutral statement, a pause with a hawkish statement and a 25bp hike.

Deutsch Bank daily markets review

Markets: Equities bounce initially as US debt deal draws closer but then turn tail as US ISM report disappoints, global manufacturing PMIs generally weaker. USA: ISM manufacturing falls 4.4pts to 50.9 in July, below mkt. USA: Construction spending rises 0.2% mom in June, above mkt.

Deutsche Bank daily markets review

Markets: Equities weaker & Treasuries rally as US GDP report disappoints & US debt impasse drags on, Dollar weaker, mkts open more positively Monday morning as US debt deal said to be "very close".

ANZ morning briefing

ANZ morning briefing
CURRENCY: Some semblance of sanity should prevail in markets today. Expect a certain wariness of movement for the NZD as it remains on the sidelines and focus is squarely on developments in the European arena.

Deutsche Bank daily review

Markets: Disappointing non-farm payrolls interrupts risk rally, S&P500 ends down 0.7%, 10-year Treasuries rally 11bps but Dollar strengthens against Euro as peripheral spreads widen. USA: Nonfarm payrolls rise 18k in June, well below mkt, unemployment rate rises 0.1pps to 9.2%.

ANZ Morning Briefing

ANZ Morning Briefing
CURRENCY: Action in the NZD should liven up today as month end flows approach. The anticipation of Greek parliamentary measures by markets leaves the door open for disappointment should things not progress smoothly.

Deutsche Bank daily review

Markets: European equities little changed on average but US equities rally as banks gain on lower-than-expected Basel capital buffers, hopes for successful Greek austerity passage and expected consumer benefit from lower commodity prices, Treasury yields rise, Dollar generally stronger.

ANZ Morning Briefing

ANZ Morning Briefing
OUTLOOK CURRENCY: Expect a day of relative quiet for the NZD today as it remains in the 0.80USD zone. Offshore guidance will be taken, particularly from the EUR, as increasing belief that some additional Greece assistance is on the way.

ANZ Morning Briefing

OUTLOOK CURRENCY: Reduced risk appetite will limit topside moves for the NZD today to the low 0.81USD area as markets evaluate Asia's response to overnight moves. Expect support in the NZD to further emerge on an extension to 0.8060USD.

Deutsche Bank daily markets review

HEADLINES... Markets: US equities post another solid session, 10 year Treasuries little changed. In FX the USD trended a little lower as market participants anticipated the Greece confidence vote passing.

ANZ Morning currency Briefing

CURRENCY: The clock continues to tick as the Greek PM faces the Economist Telephone: +64 4 802 2199 confidence vote this morning. Topside moves for the NZD today should continue to be difficult to sustain given the uncertainty offshore.

IG Markets Morning Prices

IG Markets Morning Prices
With UK and US market s closed for national public holidays it was an entirely uneventful night for financial markets, with minimal volumes and/or movement across currencies, commodities and even those equity indices that were open.

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12 Month EBITDA $7,155,000 Improves By More Than 250%

IG Markets Afternoon thoughts

Across Asia, regional markets are all lower as traders continued to worry about concerns of US growth and the Eurozone sovereign debt problems.

Westpac daily markets review

Westpac daily markets review
Market wrap Commodities rose and helped related currencies, but markets otherwise consolidated in the absence of fresh news from Europe.

IG Markets Afternoon thoughts

IG Markets Afternoon thoughts
Across Asia, regional markets are mostly lower, although off their session lows following the negative overnight lead from Wall Street and continued concerns over the European debt situation.

IG Markets Afternoon thoughts

IG Markets Afternoon thoughts
Across Asia, regional markets are mostly lower, choosing to ignore positive leads from Wall Street and focus on the latest tightening measures in China and the Bank of Korea's decision to keep interest on hold versus forecasts of a rise.

IG Markets Morning Prices

IG Markets Morning Prices
In the US on Friday, stocks finished the session modestly higher as investors were encouraged by a much stronger-than-expected jobs number. However, gains drifted throughout the session, finishing well off the session highs as traders contemplated falling oil prices and a rising dollar.

IG Markets Afternoon thoughts

IG Markets Afternoon thoughts
Across Asia, regional markets are all lower in light trade as both Japan and South Korea are closed for a public holiday. The weak US economic data overnight combined with risk aversion and the pullback in commodity prices is weighing on sentiment.

IG Markets - Afternoon thoughts

IG Markets - Afternoon thoughts
Across Asia, regional markets are all higher in thin trade as China, Hong Kong and Singapore are all closed for a public holiday.

IG Markets - Afternoon thoughts

IG Markets - Afternoon thoughts
Across Asia, regional markets are all higher after sentiment was boosted overnight by a series of strong earnings and economic reports. Japanese technology names were performing well, boosted by the strong results from Intel and Yahoo!.

IG Markets - Afternoon thoughts

IG Markets - Afternoon thoughts
Across Asia, regional markets have started the week in a mixed fashion despite the positive leads from Wall Street on Friday night.

IG Markets - Afternoon thoughts

IG Markets - Afternoon thoughts
Across Asia, regional markets are all lower this Friday despite the relatively flat leads from the US and stronger-than-expected economic data out of China.

IG Markets Morning Prices

IG Markets Morning Prices
In the US overnight, stocks finished the session mostly flat in another quiet trading session as modest gains were erased on concerns the Federal Reserve will begin removing stimulus measures.

IG Markets - Afternoon thoughts

IG Markets - Afternoon thoughts
In Asia, regional markets are mostly higher heading into the weekend, with traders seemingly shrugging off the slightly negative leads from Wall Street. The yen has continued to weaken, providing a boost for beaten up Japanese exporters.

IG Markets Morning Prices

IG Markets Morning Prices
In the US overnight, the major indices all finished lower as a late session sell off saw US futures fall 0.7% on heavy volume.

IG Markets Morning Prices

IG Markets Morning Prices
On Wall Street overnight, stocks finished the session slightly lower as profit taking kicked in following three sessions of strong gains and surging oil prices reignited talk that high energy prices may hinder the global economic recovery.

IG Markets - Morning thoughts and opening prices

IG Markets - Morning thoughts and opening prices
Overnight, US markets staged a modest recovery as no further escalation of the nuclear disaster in Japan saw investors cautiously wade back into equities.

IG Markets Morning Prices

IG Markets Morning Prices
In the US overnight, US stocks finished the session lower, although off their lows as investors digested the latest news from Japan and tried to determine its affects on the global economic recovery.

IG Markets - Afternoon thoughts

IG Markets - Afternoon thoughts
Good afternoon,

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