The XJO is expected to open lower this morning following another night of selling in the U.S, which saw their market once again shed their early session gains to finish marginally in the red. Their futures have edged into the green. During our past couple of sessions, U.S futures have heralded a rebound, but they
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The XJO is expected to edge higher on open this morning despite continued falls in the U.S. overnight. Their futures have edged into the green. Our positive open is likely thanks to our two largest sectors, financials and materials, being in a good position to hold. The financials were up in the U.S overnight, and
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The XJO is expected to edge lower on open this morning after the U.S stalled overnight. Their futures have moved into the green. Yesterday our market seemed to fall out of nowhere, as volatility returned with a gusto following strong retail sales numbers from the U.S the previous night. We smashed through support at 7,700
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The XJO is expected to open lower this morning following continued selling in the U.S overnight. Their futures are flat this morning. Yesterday we managed to hold 7,750 support, likely bolstered by positive U.S futures throughout session. However, U.S retail sales came in stronger than expected, strengthening the creeping fear that rate cuts are at
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The XJO is expected to edge lower on open this morning despite a strong rebound in the U.S overnight. Their market managed to hold support, and reverse most of the previous session’s losses. Their futures are also mildly in the green. Our market is expected to open near 7,800, which seems to be a popular
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The XJO is expected to open lower this morning following a strong pullback in the U.S overnight. Their falls are likely attributed to a stronger than expected CPI reading, which indicates that rate cuts are likely to be pushed further out. U.S futures are also in the red and if they remain so during our
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