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8@eight: ASX set for positive open despite Wall Street slide – Sydney Morning Herald

What happened overnight and what is ahead for the Australian sharemarket.

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Netflixs management see paid subscriptions in Q3 at around +2.5 million, less than half of the markets expectations of +5.12 million. The companys shares tumbled off the back of the results in after market trading, to trade as much as 12 per cent lower.
3. Chinese data spurred the shift in sentiment: Before US trade kicked-off, US and European stocks were set-up for a soft start. Chinas monthly economic data dump was published yesterday, and although the data revealed some promising information…

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