BT Three Minute Markets Update
Summary: BT's Chief Economist Chris Caton and our expert product managers provide a recorded regular update on current market conditions. The updates are current, quick and easy to listen to.
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- Artist: BT Financial Group
- Copyright: Copyright 2016 - BT Financial Group
Podcasts:
Share market started 2016 badly - the issue is China: Dow and S&P both +1.0%, FTSE -0.7%, DAX -1.3%.
Another positive night: FTSE +2.6%, DAX +2.3%, Dow +1.1%, S&P +1.2%; the Aus futures index suggests a rise at open of 1%.
A positive night: FTSE +0.8%, DAX -0.1%, Dow +0.1%, S&P +0.9%; this should mean an up day for the Aus market.
A mixed night : FTSE -0.3%, DAX -1.0%, Dow +0.7%, S&P +0.8%; oil prices fell again.
Down night everywhere: FTSE -0.8%, DAX -1.2%, Dow -2.1%, S&P -1.8%; this sets us up for a bad day.
Rough night everywhere: FTSE -2.2%, DAX -2.4%, Dow -1.8%, S&P -1.9%; this sets the Aus market up for a fall at opening.
Another soft night which doesn't augur well for the Aus market - FTSE -0.1%, DAX -0.8%, Dow -0.4%, S&P -0.8%.
A good night in the US - Dow and S&P both +2.1%; FTSE -0.6%, DAX -0.3%; this sets Aus markets up for a positive opening.
US October's factory orders +1.5% over the month, a welcome result on the back of weak August and September readings.
US private payroll processor ADP reports 217,000 jobs created in November; October amended up to a 196,000 print.
US Ism manufacturing index for November came in 48.6%, the first sub-50 contractionary reading in three years.
US NAHB's pending home sales release saw an anaemic +0.2% gain.
Not a lot happened - FTSE -0.3%, DAX -0.2%, Dow -0.1%, S&P +0.1%; Aus market set up for a flat opening.
Europe was strong - FTSE +1.0%, DAX +2.1%; US was close to flat - Dow +0.1% S&P -0.1%.
FTSE -0.5%, DAX -0.25%, Dow -0.2% and S&P -0.1%; Chicago Fed National Activity Index still below zero.
