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Phillip Capital Morning Note

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Publish date: Mon, 01 Oct 2018, 10:41 AM
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Trader news and research articles

The dollar climbed to a two-week peak versus a currency basket on Friday, as concerns about the Italian budget weighed on the euro while the greenback drew support from an outlook for multiple US interest rate hikes until 2020. The dollar also rose to a nine-month high against the yen.

Chinese PMI numbers slipped to a seven-month low of 50.8 in September from 51.3 in August, according to the National Bureau of Statistics. The reading missed economists’ median forecast of 51.2 for last month.

Royal Dutch Shell Plc and its four partners have agreed to invest in $31 Billion LNG gas project in western Canada.

Certis' Aussie buy aims to conquer security market down under.

Elon Musk ousted as Tesla chairman in SEC deal, but remains CEO, company to pay US$20m fine.

Source: CNBC, Bloomberg, Reuters, Business Times, Phillip Securities Research

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