Morning Report

17 May 2022. US sharemarkets were mixed on Monday as investors grappled with a number of headwinds including moderating Chinese growth. The Dow traded in a 586 point range over the session and closed higher by 27 points or 0.1%. The S&P 500 lost 0.4% and the Nasdaq fell 1.2%.  PREVIOUS REPORT

Daily Download

16 May 22. Aussie shares are poised to start Monday on a positive note after a strong rally on Wall Street on Friday last week. According to the latest SPI futures, the ASX 200 index could open 54 points or 0.8% higher. Goodman Group (GMG) and Cooper Energy (COE) issue trading updates. Brambles (BXB) confirms takeover offer.

The Week Ahead

13 May 22. Jobs and wages are very much in focus at present and it is the latter that hogs the limelight in the coming week. Minutes of the Reserve Bank (RBA) Board meeting on May 3 will also garner attention. Overseas, Chinese monthly activity data will be closely observed amid renewed Covid-19 lockdowns. 

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