19th October 2022 Market Updates
FPG Fortune Prime Global Overnight headlines
Overnight headlines
Australian stocks are expected to start off lower. Although equities were expected to settle higher in New York, choppy trading resulted in big changes as the session went on.
ASX futures fell 6753 points, or 29 points, or 0.43 percent.
- Dow + 1.1%, S&P + 1.2% on Wall Street +0.9% Nasdaq
- BHP is down 1% in New York. Rio -0.9% -1.6% for Atlassian
- Tesla +0.4% Apple +0.9% +2.3% on Amazon
Bitcoin’s price on bitstamp.net fell 0.7% to US$19,365.
At 4.59 pm in New York, the yield on the US 10-year note ended unchanged at 4.01%.
Even though there was still bumpy trading on Wall Street, shares ended up rising.
Market movements
- AUD up 0.3% to US cents 63.10
- Bitcoin decreased 0.7% to US$19,365
- Dow + 1.1%, S&P + 1.2% on Wall Street +0.9% Nasdaq
- Stoxx 50 increased 0.6% in Europe. FTSE +0.2% CAC +0.4% DAX +0.9%
- The price of a barrel of Brent crude decreased by 0.9% to $US90.82.
- Ten-year yield: 4.01% US, 3.91% Australia, and 2.28% Germany10-year yield: US 4.01% Australia 3.91% Germany 2.28%
Today’s agenda
Final Eurozone September CPI: UK US September home starts and building permits; September CPI; Fed’s Beige Book
