Recorded by Michael Lindner on Wednesday 10th October

In our Weekly Trading Wrap we look at the key technical and fundamental information affecting local and international markets. This week we look at:

  1. ASX200 saw a steep sell-off, falling 166 points on its worst day, then recovering after hitting support with the last two days of trading closing in the green.
  2. Quarterly results are looking better than expected for big blue-chip companies, helping recover some of the heavy losses in the U.S. over the last week
  3. SHCOMP is struggling to recover from losses over the last week, whilst the FTSE 100 falls 138 points on Thursday as concerns over Italy’s debt sustainability increase.
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