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10 things you need to know this morning in Australia

Thursday, 28 July 2016

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10 things you need to know this morning in Australia

Americans struggle with reality at home, and a lack of USB ports in Rio. ISIS may have created a new bomb 'as hot as the sun'. And how to get paid $84K a year to drink beer.
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6 things Australian traders will be talking about this morning

It was another remarkably quiet night for US stocks which are trapped in a very tight range. But the oil price slide continues. 
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MARK CUBAN: I bet this is Donald Trump's 'biggest debate fear'

Brash billionaire Mark Cuban was back at mocking Republican nominee Donald Trump on Twitter late Wednesday night.
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A business Amazon launched a year ago has already generated $1 billion of revenue

In its first year, Amazon Business has generated more than $1 billion in sales from more than 400,000 business customers.
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The stock market just did something it hasn't done in at least 45 years

Thursday marked the 11th-straight day the S&P 500 closed inside a 1% trading range, the first time this has ever happened, according to record going back 45 years.
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CREDIT SUISSE: Clients are telling us 'we are totally lost'

Credit Suisse says its "clients are close to being as bearish on equities as we can remember."

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