Friday 29/03/2019

The ASX 200 will likely open marginally higher following positive leads from overnight trading. Both Europe and Wall Street were mostly higher on the back of bargain hunting. Bond yields were mostly higher, while commodities were mixed. The Aussie dollar was lower against its US counterpart. On the domestic economic front, private sector credit will be released. It is all quiet on the local company front. We believe the ASX 200 will close moderately lower, with investors happy to postpone buying till next week.

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