Post trump world appears to believe he will create stimulation. Time will tell
Wednesday, 23 November 2016
Tuesday, 1 November 2016
Australian Stock Exchange falls below 200 day moving average
Asx 200 is off at lunch continuing the fall below the 200 day moving average which is currently at 5262
AUD has similarly negatively reacted - currently at .7625
Wednesday, 21 September 2016
Australian Dollar climbs over night on Fed decision
With a hold for another month the AUD has sprung back to life - kicking up half a cent to commence trade in Sydney at .7622
USA Federal Reserve indicates rate rise by end of year
Although the Fed held in September, there was a split vote amongst the Board - with a number believing a small rate rise now was warranted
Yellen's media conference following the announcement indicated that a rise was likely not too far off
Monday, 12 September 2016
Australian market to follow Wall Street down
With falls on Wall Street, and the AUD dropping 1 cent in trade over the weekend to currently be .7534, the Australian market is due to open up rob ably around 1.5% lower this morning
Thursday, 8 September 2016
Wednesday, 7 September 2016
AUD stronger again - pushing to 77 cents
Despite liberal jawboning to try and keep the currency down, perhaps the only real effect will be to push domestic interest rates even lower. LCC notes that some bank economists still anticipate 1 or 2 more interest rate cuts to occur in the domestic economy before a bottom is found
Tuesday, 6 September 2016
Port Hedland Iron Ore shipments to China up 9% in August
Bop announces iron ore shipments up in August by 9%
Australian deals announced Tuesday 6th September
A quiet day on the deal front
JB Hi Fi responded to media speculation relating to a potential deal to acquire The Good Guys
BBX Minerals received an on market takeover proposal at 4.5cents from Drake Private Investments LLC
AUD closes in on 77 cents
With the holding of interest rates by the Australian RBA the Australian Dollar has rallied overnight to close in on 77. Currently 7685
Australian Central Bank keeps rates on hold
Inflation expected to remain low, but rising AUD may complicate matters
AUD little changed after the announcement - currently at 7620
Monday, 5 September 2016
Australian deals announced Monday 5 th September
A couple of interesting deals announced.
BHP divested half of its Scarborough area assets to Woodside
Mitula Group acquired Dot Property
Pact Group announced the acquisition of Australian Pharmaceuticals Manufacturing
Apiam Animal Health acquired Quirindi Veteninary
USA markets closed for Labor Day, A$ at 0.7580
AUD had a quiet trading night in a narrow 20 point range. US markets closed overnight for the annual Labor Day holiday
Sunday, 4 September 2016
Tuesday, 30 August 2016
AUD tests 75 cents overnight
The AUD has rotated back to test the 75 cent level overnight. At the start of Sydney trade it is at .7514
AirAsia profit jumps
Following Qantas exceptional result Malaysia's AirAsia has seen its profit jump 40.8% year on year
LCC ASIA PACIFIC. looking for new hires
LCC has posted on Seek today advertisements seeking to fill different roles from admin support to Director level leadership
Things are busy and we want to capatilising on the growing activity
Telstra comes good for LCC
Office moves are never much fun, and we forget how crucial data access is these days
Fortunately our move to a new office has gone reasonably smoothly - and importantly Telstra had out internet back up today. So business as usual
Apple looking at having to repay Irish Tax Breaks
In a developing story the Wall Street Journal has reported Apple may have to repay up to $14.5 billion in tax breaks
Wednesday, 24 August 2016
Stockyard Hill Windfarm Sale Process Commences
Teasers finally being circulated in this Renewables Project divestment by Origin Energy
Tuesday, 23 August 2016
ASX closes flat, AUD under 76 cents
The Australian stock market closed the day 7 points up, whilst the little Aussie battler closed the day session under 76 cents, at .7590
Aussie Dollar dips towards 76 US cents
The Australian dollar has traded down overnight, currently at $0.7610 US cents
Qantas delivers positive result
Qantas has again delivered a positive result to market. Shares up in early trade
LCC ASIA PACIFIC sponsors fundraising lunch for Sydney Kids Hospital
We are proud to continue to support the Sydney Children's Hospital by signing on as Anchor Sponsor for an exciting upcoming event
if you have ever had a sick child (which we hope you have not....) you will understand what great work the staff do.
More details soon
LCC ASIA PACIFIC to move offices
From September 1st LCC ASIA PACIFIC will be located at Level 39 Aurora Place, 88 Phillip Street, Sydney.
All contact numbers remain the same