Company updates

Company updates – Coffey and PMP

This week’s news: Axsesstoday records solid growth, we provide an update on Coffey regarding the agreement with intended acquirer Tetrac Tech and positive news for PMP as Bauer Media exits the Australian magazine distribution network

Week in review

Trading Desk – AUD rallies against the USD

There was a lot of news over the week: the RBA held the cash rate at 2% and the AUD rallied to a seven week high against the USD. Overseas, the ECB announced it will extend its QE program by another six months and US employment data was released with figures as expected. In trading, Praeco bonds were made available to retail; subdebt continues to attract demand and good supply in Bluescope 2018 USD bond saw consistent buying from investors

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