Mar 31, 2017 | Investment Advice

International News (Issue 442) – 31 March 2017

Though much of the press over last weekend pointed to major disappointment in Trump’s inability to broker a deal to repeal Obamacare, U.S equities seemed to pay scant attention.

The U.S economy is just too darn good.

Though a quiet week, U.S Consumer Confidence was released and showed the reading at a 15-year high.

Perhaps more encouragingly, Europe’s economy seems to be taking comfort from the strength seen in the United States, and this week we saw European and specifically German economic confidence reach its highest levels since the European sovereign debt crisis in 2011.

To cap things off, today saw the release of Chinese manufacturing data for March which is also at just shy of a 5-year high.

Friday 12pm Values

All Ordinaries5922+168+2.9%
S&P / ASX 2005884+177+3.1%
Property Trust Index1389+41+3.0%
Utilities Index8700+158+1.8%
Financials Index6898+283+4.3%
Materials Index9783-7-0.1%
Energy Index9264+414+4.7%

Thursday closing Values

U.S. S&P 5002368+22+0.9%
London’s FTSE7370+30+0.4%
Japan’s Nikkei19063-22-0.1%
Hang Seng24301-26-0.1%
China’s Shanghai3201-38-1.2%

Key Dates: Australian Companies 

Mon 3rd AprilDiv Ex-Date: Vanguard ETF’s – VACF, VAF, VAE, VAP, VAS, VGB, VGE, VGS
Div Pay-Date: Tatts Group (TTS)
Tue 4th AprilDiv Pay-Date: Commonweatlh Bank (CBA)
Wed 5th AprilDiv Pay-Date: QUBE Holdings (QUB)
Thu 6th AprilDiv Pay-Date: Cochlear (COH)
Fri 7th AprilDiv Pay-Date: Woolworths (WOW)

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