Market Comment |
Australia |
| The S&P/ASX 200 index rose 0.33% or 17.016pts to 5210.7 (day range: 5253.6 – 5185.8) on Thursday. The index is above its 20d MA (@ 5174) and above its 50d MA (@ 5179).
Australia’s private capital expenditure dropped 9.2% YoY in 3Q vs -4.4% in 2Q, according to the Australian Bureau of Statistics. |
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| The US dollar was higher against all its major counterparts with the exception of the JPY on Thursday. The U.S. Equity markets were closed on Thursday to observe Thanksgiving.
The Euro was mixed against all of its major pairs. In Europe, euro zone M3 money supply growth was 5.3% in October from +4.9% a month earlier. It was expected to grow at the same pace MoM. The Australian dollar was under pressure against all of its major pairs. |
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