Wednesday 23 November 2016

Equity markets roaring

Post trump world appears to believe he will create stimulation. Time will tell

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

Dow up 240 points

The Dow has reversed most of the previous session losses closing up 240 points

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

Quiet night on Wall Street

Markets closed flat, AUD down to mid 76 level in overnight trade

Wednesday 7 September 2016

AUD stronger again - pushing to 77 cents

The Australian RBA will continue to have an issue on its hands with the currency yet again surging towards 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

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

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

Australian market opens flat

The ASX has opened flat following Wall Streets lead

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

Monday 22 August 2016

Australian market pushes higher

The ASX closed 38.75 points higher with most sectors gaining ground

Australian Market Higher, Mining Services Performance Still In Focus

The Australian stock market has trended higher in the morning session.  Mining Services player Monadelphous (ASX MND) struggling after providing results - indicating Mining Services still not out of the woods in terms of investor appeal