ASX to open flat following no Thanksgiving trading in the US - YouTube

good morning and welcome to the morning outlook  your daily briefing that gives you everything  

you'll need for a successful day of trading i'm  james preston reporting live from kalkine studios  

in sydney let's get stuck in the australian  share market is set to open mostly flat with  

no cues to follow from the u.s with the stock  market closed on thursday due to thanksgiving  

however the latest spi futures suggest the asx  200 is expected to open the day seven points or  

zero point one percent lower yesterday the  asx finished on a slightly positive note  

led by miners and tech stocks that lifted the  index the morning session was a muted period  

trading lower by 0.3 before rising fractionally  from lunchtime the market ended up closing 0.1  

or 8 points higher at 7407 points despite wall  street taking the day off there was plenty of  

economic data released weekly jobless claims have  hit a new pandemic low point that's unclear as to  

whether that means more americans are in work  or simply leaving the workforce all together  

following the biden government's vaccine mandate  requiring all employers with more than 100 staff  

to enforce employees to become vaccinated the  us economy while strong is growing at a slower  

pace than anticipated with supply chain  disruptions continuing to hamper growth  

turning our attention now to europe and the  stock 600 rose by 0.4 percent lifted primarily  

by tech stocks as leisure and travel companies  continued to struggle amidst covert induced woes  

the footsie rose thanks to gains in miners  with iron oil prices buzzing following hopes  

of a rebound in demand in china bhp  fell by 0.3 percent rio tinto lost 1.1  

bp added 0.1 percent while shell fell by 0.7 as  for asian markets there was mixed performance  

with japan's nikkei gaining 0.7 percent  helped by a strong surge in tech shares  

hong kong's hang shen added 0.2 largely due to  property developer casa whose share surged by 14  

and this was in contrast with the performance  across china and south korea china's shanghai  

composite dropped by 0.2 and south korea's cosby  fell 0.5 after the bank of korea raised interest  

rates for the second time since august and time  now for a very short break before we take a look  

at the winners and losers of the asx yesterday  the aussie dollar and the world of crypto

tune in to stay updated while on the move we  will tell you where the crypto craze has reached  

where the property market is headed next  what the world is doing to become more  

environmentally friendly apart from  tracking the daily market charter  

be on top of the latest news and  announcements with calkine tv

thanks for joining us i'm james preston and this  is the morning outlook exclusive to calkine tv  

where we provide you with all the details  you'll need for a successful day of trading  

before we turn our attention to the aussie  dollar performance let's take a look at  

the big winners and losers from trading  yesterday on the asx in terms of sectors  

information technology was the best performer  rising by 2.4 percent the worst performing sector  

was financials down by 0.9 percent as for the big  gainers eml payments led the way for the asx 200  

closing 31.3 higher at 3.61 the next two best  performers were nickel mines and fisher and  

pikel healthcare and the worst performing stock  in the s p asx 200 was amp closing five percent  

lower at a dollar and four cents cogan benego  and adelaide bank also struggled a number of  

asx listed companies including copper producer  sand fire resources telco unity group and gold  

miner west gold resources are scheduled to hold  their annual general meetings today aussie dollar  

continues to dip falling 0.03 percent in the  past 24 hours to trade at 71.87 us cents apiece  

oil prices fell on thursday as traders wait  to see how opec will respond to u.s later oil  

reserve releases brent crude futures slipped 0.4  percent to 81 us dollars and 91 cents while west  

texas intermediate crude futures fell 0.6 to  trade at 77 us dollars and 90 cents a barrel  

on the other hand gold prices rose following  a weakening of the us dollar spot gold rose by  

0.12 percent to trade at 1 790 us dollars and  70 cents per ounce and us gold futures gained  

0.4 percent to trade at 1 791 us dollars and 40  cents and lastly in the world of crypto bitcoin  

seems to be finally shifting out of its bear  market trend at the time of writing bitcoin  

has risen 3.35 in the past 24 hours to trade at  58 917 us dollars and 82 cents well that's all  

for our morning outlook report here on cow kind tv  have a great day trading and stay tuned for more  

market updates and economic news live throughout  the day this is james preston signing off for now