You are viewing:-
you're reading...
1.Market Observations

20 May 2017 (AFR,SMH) – ASX weekly: Banks, geopolitics push ASX into the red

(20 May 2017, AFR, p35, Jessica Sier)

ASX weekly wrap‘The prospect of a US presidential impeachment sent shockwaves throughout financial markets this week, though distaste for the big banks was the main weight on the ASX. Investors cautiously bought up mining and telco stocks on Friday, though a pickup in commodity prices wasn’t enough to push the bourse into the black.’



About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: