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
Index | Change | % | |
All Ordinaries | 5922 | +168 | +2.9% |
S&P / ASX 200 | 5884 | +177 | +3.1% |
Property Trust Index | 1389 | +41 | +3.0% |
Utilities Index | 8700 | +158 | +1.8% |
Financials Index | 6898 | +283 | +4.3% |
Materials Index | 9783 | -7 | -0.1% |
Energy Index | 9264 | +414 | +4.7% |
Thursday closing Values
Index | Change | % | |
U.S. S&P 500 | 2368 | +22 | +0.9% |
London’s FTSE | 7370 | +30 | +0.4% |
Japan’s Nikkei | 19063 | -22 | -0.1% |
Hang Seng | 24301 | -26 | -0.1% |
China’s Shanghai | 3201 | -38 | -1.2% |
Key Dates: Australian Companies
Mon 3rd April | Div Ex-Date: Vanguard ETF’s – VACF, VAF, VAE, VAP, VAS, VGB, VGE, VGS Div Pay-Date: Tatts Group (TTS) |
Tue 4th April | Div Pay-Date: Commonweatlh Bank (CBA) |
Wed 5th April | Div Pay-Date: QUBE Holdings (QUB) |
Thu 6th April | Div Pay-Date: Cochlear (COH) |
Fri 7th April | Div Pay-Date: Woolworths (WOW) |
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