Global markets were mixed overnight as global investors remain fixed to the side-lines ahead of a speech by US Federal Reserve chair Janet Yellen at a key annual gathering of central bankers in Jackson Hole, Wyoming over the weekend. The world's top economic minds are set to meet in Wyoming, including Federal Reserve chair Janet Yellen and European Central Bank chief Mario Draghi, and investors are keen for any clues to the future direction of monetary policy.
It frantic pace of earnings announcements across Australia and New Zealand concludes today. Included in companies that reported profits yesterday which are under ATM research coverage were Costa Group, Scales Corporation, NZ Refining, and Ebos Group, which we touch on below.
Stock in Focus: Scales Corporation (SCL.NZ)
Shares in Scales dropped...
