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1.Market Observations

13 Apr 2017 (TheAge,AFR) – ASX wobbles as Telstra slides to low – and global fears rein in stocks’ strong start to week

(13 April 2017, The Age, BusinessDay, p23, Jessica Sier, Myriam Robin)

‘After a blistering start to the week that had some speculating the ASX would hit 6000 points, shares lost some steam on Wednesday to close only slightly higher, with big losses in Telstra and global uncertainty weighing on sentiment.  Investors were generally cautious throughout the session, as a drumbeat of alarming global geopolitical news sent the safe-haven yen and gold to five-month highs and yields on top-rated sovereign bonds to their lowest for the year so far.’



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