The XJO is expected to open higher this morning following a small rise in the U.S overnight. We are expected to open near 7,650, retaking much of the past couple of days losses. The recent sell down we have seen was pre-emptive, and largely led by the materials. With the U.S once again tracking sidewards
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The XJO is expected to edge lower on open this morning following a small pullback in the U.S overnight. Their futures are flat this morning. Yesterday we pulled back and held on to most of the day’s losses into the close. This morning, we should open near 7,600, and retest the lows of yesterday. We
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The XJO is expected to fall this morning despite a continued rally in the U.S on Friday which saw their market make fresh all-time highs. We should give up most of Friday’s gains, opening near 7,600. Our market is likely nervous heading into the RBA meeting tomorrow. Rates are expected to remain on hold, but
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The XJO is expected to open higher this morning following a strong recovery in the U.S overnight. Their futures are mixed this morning. Well, the pullback was short-lived. What was roughly eight days of straight gains in a tremendous run higher, has been met with only a pause for now. We of course could see
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The XJO is expected to open lower this morning following a strong pullback I the U.S overnight. Their futures have edged into the green. The U.S reacted poorly to the Fed meeting last night and will drag us down with them this morning. Our market managed to just squeeze fresh highs yesterday, and as usual,
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The XJO is expected to open lower this morning following a night of very little movement in the U.S overnight. Their futures have edged into the red, so it seems likely that their market is tentative heading into the Fed meeting tonight. Our market yesterday bounced intraday from our all-time resistance level, giving up roughly
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