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The Market Wrap with Kyle Rodda, Senior Financial Market Analyst at Capital.com

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A quiet day on the market today is leading up to a big decision for the US Fed on rates overnight.

MARKET WRAP:

    • ASX200: up 0.02%, 8,142
    • AUD: 67.76 US cents
    • GOLD: $2,595 US/oz
    • BITCOIN: $88,788 AUD
  • Utility stocks up 1.3%, led by Origin Energy, which lifted by 2.2%
  • There were lifts of more than 1% for Reece, and Pro Medicus.
  • Next DC shed 0.9% to $16.83 after announcing the launch of its share purchase plan.
  • Materials fell by 0.5% with BHP, Fortescue and Rio Tinto all down. 
  • Resmed dropped 3% and Fisher & Paykel fell by 1%

CURRENCY UPDATE:

  • AUD/USD: 67.80 US cents
  • AUD/GBP: 51.3 pence
  • AUD/EUR: 60 Euro cents
  • AUD/JPY: 96 Japanese yen
  • AUD/NZD: 1.09 NZ dollars
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