It was a cracking day for holders of banks yesterday, with ANZ hitting the market with a strong trading update
![](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBb0J6IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--ba12fe58138b9392b34a2faa2743bd52d9c18d6b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/kga08anp_400x400.jpg)
Pepperstone
It was a cracking day for holders of banks yesterday, with ANZ hitting the market with a strong trading update. CBA report 1H14 earnings this morning and the market expects cash earnings A$4.17 billion (up from A$3.75 billion in 1H13). The dividend is expected at A$1.81, with the market expecting anywhere between A$1.74 to A$1.84). Net interest margins will be subdued on the year at 2.14%. Traders are keen to look out for cost pressures and a continuation of modest bad debt charges.
![Chris Weston](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBb0J6IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--ba12fe58138b9392b34a2faa2743bd52d9c18d6b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/kga08anp_400x400.jpg)
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise
![Chris Weston](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBb0J6IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--ba12fe58138b9392b34a2faa2743bd52d9c18d6b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/kga08anp_400x400.jpg)
Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...