hereward the wake
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nite boys
nite boys
i my memory serves dc200 had a target of 12900 on the dow?
Very weak FTSE overnight.
ASX should correct price to 4485/90 to reflect FTSE, 4515/20 selling point, current 4502.
Hong Kong support 21350 and resistance 21600
AUD strong support around 1.034/35.
China PMI and South Korea exports numbers around lunch time, should drive afternoon trade and give the FTSE the opening price.
Asian economic numbers in October were very strong.
UK banking sector hit the ASX today.
In the year to September, the British banking unit's own charges for bad and doubtful debts jumped from £335 million to £631 million.
Today's inflection points:
12:15 GMT US ADP Non-Farm Employment Change: 138K
14:00 GMT US ISM Manufacturing PMI: exp 51.2
16:00 GMT US Crude Oil Inventories: exp 2.0M