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S&P/ASX 200 futures with no overnight lead due to US holiday, Apple drops coronavirus bombshell

BREAKING: Apple (NASDAQ:AAPL) does not expect to meet March quarter revenue guidance due to the coronavirus.

Ansell Limited - S&P/ASX 200 futures with no overnight lead due to US holiday
Reporting season has its busiest day this month today with over 20 companies reporting

S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) futures are suggesting a slightly positive start this morning with no lead from the US market given it was closed for a public holiday.

The UK’s FTSE 100 Index (INDEXFTSE:UKX) was up 0.33% and Germany’s DAX Index (INDEXDB:DAX) was up 0.29%

Gold remains relatively strong at US$1,584 per ounce and Crude Oil WTI has continused to slowly move higher from its recent lows to US$52.58 per barrel.

The AUD is flat overnight versus the USD to 67.1 cents.

Report season: ANN, APA, BHP, COH, KGN, MND, NWL, OZL, SFR, SGM

Reporting season continues with a number of large-cap companies reporting today.

Ansell Ltd (ASX:ANN) guided to modest EPS growth in FY20 and like many companies this reporting season cited the coronavirus as potentially impacting its business in the future.

Ansell noted: “In the second half of calendar 2019, there were continued uncertainties around global economies and trade.

“There are now tentative signs that global growth may be stabilising, though at subdued levels.

“The overall financial implications of coronavirus are difficult to predict and anticipated to be minimal at this time.”

 

 

Quick facts: Ansell Limited

Price: 28.25 AUD

ASX:ANN
Market: ASX
Market Cap: $3.64 billion
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