Live: Market awaits European rates decision, Nasdaq hits record close
Sad day as ABC colleague Peter Ryan dies
Peter Ryan had a diverse, exemplary career as a journalist, was a staunch and supportive colleague and a loving father and husband.
Peter retired from the ABC in June after 45 years in the industry, as he moved into palliative care.
His death is a very sad day for the ABC business team.
Peter was always there for Australian audiences, starting early in the morning and often among the first voices they would hear bringing them the news of the day.
He was a supporter of staff internally, both as a mentor and as a senior member of the union that represents journalists, the MEAA.
Peter was, as the Yiddish word goes, a Mensch – a person of integrity and honour.
In an all-staff email before his departure from work, he ended it with “a few words of editorial advice”.
As ever, the last line is the kicker.
“Avoid cynicism — be passionate.”
“A good team can often be a very small team — I’ve worked in some of the best.
“Be proactive — come to the table with a great story so no-one else comes up with a dud that might waste your time.
“Work closely with top people — shut up and absorb like a sponge.
“Maintain a fastidious contact book — some low-profile contacts could soon move into higher-powered roles or, more importantly, work in backrooms where the big decisions are often made.
“Show up to work early and prove that you’re ready to take on the big story of the day. Try to have a Plan B in your back pocket just in case your original brilliant idea doesn’t go anywhere and the EP comes walking your way.
“Finally: Be kind and caring to people who need it.”
Our thoughts are with his friends and family.
Vale Peter Ryan.
Market snapshot
ASX 200 futures: -0.6% to 8,688 points
Australian dollar: +0.1 at 65.07 US cents
Dow Jones: -0.3% to 44,342 points (Friday)
S&P 500: -0.01% at 6,296 points (Friday)
Nasdaq: +0.05% to 20,895 points (Friday)
FTSE: +0.2% to 8,992 points (Friday)
EuroStoxx 50: -0.3% to 5,359 points (Friday)
Spot gold: +0.3% to $US3,349/ounce
Brent crude: flat at $US69.28/barrel
Iron ore: -0.1% to $US97.22/tonne
Bitcoin: -0.1% to $US1197,874
Prices current around 7:15am AEDT.
Live updates on the major ASX indices:
Good morning!
Hello, I’m Daniel Ziffer from the ABC business team and I’ll be taking you through the morning on our business, finance and economics blog.
On Friday, Wall Street indices were mixed.
The blue-chip Dow Jones of 30 mega-companies like Boeing and Visa was -0.3% to 44,342 points.
The broader S&P 500 that covers 500 of the largest listed companies in the US -0.01% – let’s call that flat – at 6,296 points.
The tech-heavy Nasdaq notched a record high closing – +0.05% to 20,895 points.
Our market is set to fall, with the ASX 200 futures index tipping a decline of -0.6% or 49 points to 8,688 points.
The All Ordinaries hit a new record close on Friday, breaking through 9,000 points.
There’s lots to get to, all of it news, analysis and information and none of it financial advice.
Let’s get started!
Loading
