Scutty goes long KFC. Stock of the day is JIN...

The financial year ended on a bright note, finishing up 1.4% after a strong lead in from Wall St, despite being down 11% for the year. But where to from here? RBA Deputy Governor said today that the Australian economy will need monetary and fiscal support for a while yet. But positive signs from China, with PMI data was better than expected as factories began winding up activity and construction picked up. Building approvals data and more PMI data out tomorrow which will be closely watched for more signs of economic green shoots...

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