THE MARCUS TODAY STRATEGY PODCAST – Wednesday 21st December
DEC 21, 2022
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 The ASX 200 is up 104 points (+1.5%) following yesterday’s violent swing after BoJ’s unexpected changes to bond yield bands.  All sectors are up, with Gold leading the way up 5%. The resource sector is the best performer, Metals, Materials and Resources are leading the market higher. Interest rate-sensitive Tech is also up 1.9% with the All-Tech Index up 1.5%. Defensives are all up, Staples, Telecoms and Healthcare 0.7%, 0.6% and 0.6% respectively.  TPG Telecom (TPG) is down 3% after the ACCC blocks TLS regional network deal. European Lithium Limited (EUR) is up 15.3% after signing offtake agreement with BMW. The agreement grants BMW the first right to purchase 100% of the LiOH produced from the identified resources at Wolfsberg. Dow Futures are up 135 points, and NASDAQ Futures are up 42 points. 

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