Author - Craig Foley

Hong Kong tensions ease, commodities gain: ASX poised to open higher

05 Sep 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning as fresh Chinese economic data lifted commodities. Hong Kong leader Carrie Lam said that she will withdraw a bill that sparked the mass protests. The Hang Seng soared around 4%. Centuria Capital Group (ASX:CNI) has launched a new institutional mandate and joint venture called the Australian Diversified Healthcare Fund.

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Economy in line with expectations, services sector bounces back: 3rd day of red, 0.7% lower at noon

04 Sep 2019 - Aussie dollar bounces back on stronger than expected services sector and GDP in line with expectations, up 0.5% in Jun Qtr, 1.4% on year. All ASX sectors in the red, following Wall Street. About 20 companies go ex-dividend. ASIC takes action against Bendigo and Adelaide Bank (ASX:BEN) for unfair contract terms for its small business loan contracts for Delphi Bank and Rural Bank. Kogan (ASX:KGN) loses major shareholder but shares stay strong.

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