US rates could be cut sooner than expected, depending on results out of the Non-Farm Payrolls this week.
MARKET WRAP:
- ASX200: down 0.02%, 8595
- GOLD: $3,356 US/ounce
- BITCOIN: $166,513 AUD
- Pro Medicus climbed 7.8% to $307.39 after announcing two contracts in the United States worth more than $200 million in total.
- BHP jumped 5.6%, Mineral Resources closed 7.8% higher, with Fortescue & Rio Tinto up 1.8%.
- Up more than 1% was Wisetech Global, James Hardie and Bluescope Steel.
- G8 fell 7.4% for its third day of losses in a row after one of its former employees was charged with offences related to the alleged abuse of children.
- Commbank down 2.2%, NAB off 1.1%, and Westpac down 0.7%. ANZ escaped the losses, up half a percent.
- JB Hi-Fi down 3%, Harvey Norman off 1.5%, and Myer losing 1.6%.
CURRENCY UPDATE:
- AUD/USD: 64.8 US cents
- AUD/GBP: 48.1 pence
- AUD/EUR: 55 Euro cents
- AUD/JPY: 94 yen
- AUD/NZD: 1.08 Dollars
See omnystudio.com/listener for privacy information.
Popular Podcasts
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.