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Morningstar Morning Research Update Friday, Dec 21, 2012

Friday, 21 December 2012, 10:52 am
Press Release: Morningstar

21-Dec-2012

Overseas Market Report
Stocks moved higher as Republican, John Boehner stated he was going to keep working on a fix to the fiscal cliff.

Third-quarter GDP was revised upwards today to 3.1% from 2.7%. Economists had expected a more modest uptick. The Commerce Department now thinks that consumer spending rose 1.6% in the quarter compared to the previous estimate of 1.4%. GDP also looked better than previous thought due to lower levels of exports, mainly due to lower oil prices... Read More

Foreign Equities (21-Dec-2012 / Close)	Close	Change	% Change
Dow Jones (US)	13312	60	0.45
S&P 500	1444	8	0.55
NASDAQ	3050	6	0.20
FTSE 100 Index	5958	-3	-0.05
DAX 30	7672	4	0.05
CAC 40	3667	2	0.06
Nikkei 225 (Japan)	10039	-121	-1.19
HKSE	22660	36	0.16
SSE Composite Index	2168	6	0.28
BSE Sensitive	19454	-22	-0.11
NZ 50	4075	52	1.30

Commodities (21-Dec-2012 / Close)	Close	Change	% Change
Aluminium	2026	-22	-1.09
Copper	7743	-154	-1.96
Nickel	17502	-173	-0.98
Gold	1648	-21	-1.28
Silver	29.9	1.1	3.72
Oil - West Texas crude	90.0	1.6	1.79
Lead	2305	-14	-0.63
Zinc	2037	-17	-0.82

Currency (21-Dec-2012 / Close)	Close	Change	% Change
$A vs $US	1.0483	-0.0009	-0.09
$A vs GBP	0.6440	0.0004	0.06
$A vs YEN	88.47	-0.25	-0.28
$A vs EUR	0.7916	0.0010	0.13
$A vs $NZ	1.2563	-0.0026	-0.21
$US vs Euro	0.7551	0.0016	0.21
$US vs UK	0.6143	0.0010	0.16
$US vs CHF	0.9115	0.0021	0.23

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Research Updates (7)

	Special Reports (0)
	There were no special reports published on the previous business day.

	Funds (3)
	Colonial First State FirstChoice Asian Share (15001)		Neutral
	Colonial First State FirstChoice Emerging Markets (16844)		Neutral
	Perennial Value Smaller Companies (8628)		Silver

	Shares (4)
	APN (APN)		Reduce
	Dexus Property (DXS)		Hold
	FKP (FKP)		Accumulate
	Orica (ORI)		Hold

	ETFs (0)
	There were no research reports published on the previous business day.

	Fixed Income (0)
	There were no research reports published on the previous business day.

ENDS

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