The ASX 200 is down 5 points (-0.1%) - no man's land ahead of the US Jobs numbers tonight. The RBA’s quarterly statement on monetary policy was out today. They downgraded GDP and upgraded inflation forecasts. Bond yields dropped on the RBA's GDP downgrade.
Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.
