Gold prices continue to come down from a boil to a simmer and one company’s AGM this week is set to begin and end in a screaming match. Here’s what’s on.
Peter’s morning market minute
Elevator Pitch: what you need to know to start your day
- Arrests have been made in the recent Louvre robbery, as investigators point to an inside job.
- Trump and Xi’s meeting this week is likely to affect your portfolio. Here’s what to know.
- This week’s AGM for James Hardie is set to be an uphill battle for the troubled board.
- Spot gold prices have petered back to around US$4000 an ounce over the weekend. We spoke to an expert on if they’ll keep sliding.
In the diary: today’s data
Monday 27 October
CommSec State of the States (October)
An economic report card across all eight states and territories—closely watched by policymakers and economists.
RBA Governor Michele Bullock speaks
Speaking at the ABE Annual Dinner in Sydney. Commentary will be monitored for clues on future monetary policy.
US durable goods orders (September)
Tipped to lift 0.3%. A key gauge of capital expenditure momentum in the US.
US Dallas Fed manufacturing index (October)
Index expected to recover slightly from –8.7 to –2, indicating less contraction in factory activity.
Today’s big number
$50 million: How much Facebook has put into a class action fund that you may be eligible for.
