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ASX Midday Wrap

Posted by Billy Macris on 02-Jan-2018 12:44:51
The ASX 200 is currently trading at 6068.40 +0.06% or 3.6 points to start the new year despite a weak finish in U.S equity markets for 2017. The banks are mainly lower  and resources mainly stronger which was the main theme playing out going into year end.  A weaker U.S.  dollar sees the AUDUSD above 0.7800 at 0.7819 while the EURUSD is above 1.2000 and GBP USD above 1.3500. Spot Gold XAUUSd has broken above USD $1300 per ounce and bitcoin is currently trading at  USD $13800. 
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Topics: Trading, Market News, Bitcoin

ASX200 Midday Wrap

Posted by Billy Macris on 19-Dec-2017 12:41:15
The ASX200 is currently trading 33.80 points or 0.56% higher at 6072.70 following on from a strong lead on Wall Street which saw the major Indices close at record highs. Gains this mornings are spread across the board with both the banks and big miners all pushing higher. The smaller miners are taking centre stage with the likes of EVN +4.36%, SYR +3.50%, RSG +3.40%, WSA+3.50% and NST +3.25%. The woes for RFG continue further a further decline today of 21.90% followed by EHE -5.97% and DMP -2.55%. The AUDUSD remains steady at 0.7660 and Bitcoin is trading at $18850 against the USD.
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Topics: Trading, Market News, Bitcoin

ASX200 End of Day Wrap

Posted by Billy Macris on 18-Dec-2017 16:44:51
The ASX200 closed 41.90 points or 0.70 percent higher today at 6038.90. Retail Food Group continued its move lower closing down 7.02% at $2.65. Aconex (ACX) finished the session +44.23%  or $2.34 at $7.63 on talk over talk from Oracle.  PLS also had a strong session closing +12.2% and MYX finished +8.33% for the session. Catapult Sports (CAT)  also finihsed stronger by 10% today to close the day at $1.65. the AUDUSD continues to trade above 0.7650 and bitcoin is trading at $18,850 USD
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Topics: Trading, Market News, Bitcoin

ASX Update

Posted by Billy Macris on 18-Dec-2017 13:30:27
The ASX200 is currently trading higher by 39.60 points or 0.66% at 6036.60 after shares in Aconex (ACX) have soared by more than 44 % on news of a takeover offer from Oracle Corp. Other notable movers so far have included ORE, +7.13%, PLS +6.34% and NXT which is currently higher by 6.18%.  Retail Food Group (RFG) is trading -6.67% followed by AZJ -6.19% as the notable movers on the downside. The Aussie Dollar is currently trading at 0.7650 against the U.S. Dollar and bitcoin is trading at $18650 USD.
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Topics: Trading, Market News, Bitcoin

ASX200 End of day Wrap

Posted by Billy Macris on 15-Dec-2017 16:43:56
The ASX200 finished the day lower by 0.24% or 14.30 points at 5997.00 avoiding a close above the key 6000 level to see the week out.  FXL continued to trade lower today following yesterdays decline with a 3.30% fall today along with RFG which fell 4.68%.  On the positive side of the ledger TCL took the honours today with a gain of 4.80% followed by MYX 3.94% and CWN +3.21%. The Aussie Dollar remains steady at 0.7671 and Bitcoin is rounding out the week at $17,200.
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Topics: Trading, Market News, Bitcoin

ASX200 Afternoon Update

Posted by Billy Macris on 15-Dec-2017 14:26:06
The ASX200 is currently 0.22% lower trading at 5997.90. Banks are lower and resources mainly higher with the likes of CTX +1.78%, OZL +3.28% and FMG +1.47%. AUDUSD has held to the gains from yesterday following on from the strong employment numbers domesticccally and bitcoin is currently trading at $17,100
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Topics: Trading, Market News, Bitcoin

ASX200 End of Day Wrap

Posted by Billy Macris on 13-Dec-2017 16:23:04
The ASX200 finihsed the day +8.6 pts at 6021.80 despite the banks giving away earlier gains.A rally in FMG saw shares finish the session higher by 2.98%. Other notable movers on the day included WFD +13.65%, CWY +8.38% and GXY +6.73%. AUDUSD is trading a little higher at 0.7572 and Bitcoin is at USD $16697
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Topics: Trading, Market News, Bitcoin

U.S Market wrap

Posted by Billy Macris on 12-Dec-2017 09:18:00
U.S equity markets finished stronger with the Dow +56.87 pts, S&P 500 +8.49 pts and Nasdaq +35.00 pts. Vix settled lower at 9.34 as first day of CBOE bitcoin futures trading went smoothly. DIS +2.49% and AAPL +1.95% among the best performers in the Dow. 
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Topics: Trading, Gleneagle, Market News, Bitcoin