State of the States: New South Wales remains on top; Victoria closes in

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Market Close Report

17 Nov 17, 4.30pm (AEDT). The ASX 200 has extended yesterday's gains rising 13 points or 0.2% to 5,957. Over the week, the index slipped 1.2% - its worst weekly performance since early June. PREVIOUS REPORT 

Longest streak of job gains in 23 years

16 Nov 17. Australia has recorded the longest run of job gains in 23yrs with employment rising for a 13th month. 

The Week Ahead

17 Nov 17. In Australia, CommSec releases the Home Size report. We also get the November meeting minutes from the Reserve Bank and residential, engineering and non-residential construction work done is released.

Wage price growth weaker than forecast

15 Nov 17. The wage price index rose by 0.5% in the September quarter, lower than consensus forecasts of a 0.7% increase. 

Business conditions at record highs

14 Nov 17. The NAB business conditions index rose from +13.9 points in September to a record high of +21.1 points in October.

Chinese data disappoints

14 Nov 17. In October, Chinese retail sales & industrial production came in lower than expected. Retail sales rose at a 10% annual rate, the slowest growth in 8 months.

Record Chinese tourists

17 Nov 17. In September, tourists from mainland China were 117,900, ahead of New Zealand (111,300). Tourist arrivals fell by 2.2 per cent in September.

Service spending up

17 Nov 17. Spending lifted in October with broad-based gains recorded across industries and states and territories. But service sectors were the main winners in the month with retailers continuing to find conditions tough.

Margin Lending basics

3 Nov 17. Find out some of the benefits and risks that come with using a margin loan to build your portfolio.

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