The XJO is expected to open flat this morning. The U.S rallied Friday night, however they stalled at key resistance which roughly represents both their all-time high and the ceiling of their recent consolidation range. Alongside their flat futures, our market is pausing this morning as we wait to see where they trade from here.
Read MoreThe XJO is expected to open higher this morning despite a pullback in the U.S last night. Our market is being remarkably resilient. The past couple of sessions have seen our index retake intraday lows to finish flat or slightly in the red. This morning, we are set to bounce higher, with an expected open
Read MoreThe XJO is expected to open lower this morning following a pullback in the U.S overnight. Their futures are flat. Yesterday some secondary CPI data came out slightly higher than expected. In response our market dipped, however we managed to retake all our intraday losses to finish flat. The stronger than expected CPI would mean
Read MoreThe XJO is expected to open lower this morning. The U.S closed slightly higher overnight, retracing from their intraday lows as they continue to consolidate sideward. Whilst the U.S has tracked sideward over the past few sessions however, our market has maintained its strength, pushing towards our all-time highs. This morning’s pullback is likely to
Read MoreThe XJO is expected to open flat this morning following a small pullback in the U.S overnight. U.S and major Asian futures are also in the red, so by market open we could also follow suit. We finished firmly in the green yesterday in the face of a flat U.S close on Friday and even
Read MoreThe XJO is expected to rally on open this morning following a rebound in the U.S on Friday night which saw their market retake the previous session’s losses. The past few sessions of movement for the XJO have been fairly indecisive. We have retraced both intraday losses and given up intraday gains, but have ground
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