On the one hand, the non farm figures was spectacular, rising to 304,000 last month, well above market expectation, on the other hand, Amazon’s forward market prediction pulled market down a bit.
Asian markets fared pretty well but without excitement as China is on long holiday. However US fared well this morning as Google’s mother company, Alphabet, had a good profit earning report, together with Apple and other high technology stocks doing well, sending Dow Jones 175 points higher.
Yesterday, Australian stocks were under the spot light as Federal Government would release the Banking Royal Commission Report after market closed.
So we shall explore how ASX 200 fared yesterday before the release of the report and what were the recommendations by Commissioner Hayne?
