ASX 200 Market Update - October 29, 2013

• The Australian share market is trading in the red today, despite a bumper profit by ANZ that has pushed its shares to new all-time highs.
• Rest of the region's markets are also heading same way:
• Japan (Nikkei): -0.15%
• Hong Kong: -0.1%
• Shanghai: -0.6%
• Taiwan: -0.3%
• Korea: -0.2%
• Singapore: -0.1%
• New Zealand: +0.05%

• The dollar has recovered a bit and is currently trading at 95.46 US cents, after trading as low as 95.15 US cents, but analysts believe that some down slide is still possible.
• RBA Governor Glenn Stevens said that dollar is not supported by the costs and productivity in the economy, further added that the terms of trade are also more likely to fall than rise.

ASX 200