The XJO is expected to edge higher on open this morning following a move higher in the U.S overnight. Their futures are flat. Our market is clearly tentative heading into the U.S CPI reading. Their market has returned back to all-time high territory and flirted with the key level of resistance last night. However our
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The XJO is expected to edge lower on open this morning. This follows a U.S session which saw their market retake earlier session losses to finish marginally lower. Their futures have also edged into the red. Our market didn’t not rally as much as we would have hoped yesterday, despite the strong leads from the
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The XJO is expected to open higher this morning following renewed buying in the U.S overnight, which saw them return to being within arms reach of their all-time highs. Their futures are flat. Our market yesterday broke lower, perhaps anticipating a continued fall in the U.S. We are on the tail end of the holiday
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The XJO is expected to open flat this morning, following another night of indecisive trading in the U.S on Friday. Their futures have edged into the red. Ultimately it seems markets are consolidating as they grind along their key supports. For the U.S, that level is roughly 4,700. For the us, that level is roughly
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Our XJO is expected to rise around 20 points this morning to roughly 7,515 index points. This is despite a fourth night of selling in US markets, which has occurred with bond yields bouncing back up, and with investors reducing bets on the pace and number of rate cuts expected this year. The XJO futures
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Futures are pointing to a fall of around 1 percent this morning (77 points) to roughly 7,550 index points. This comes after reasonable selling in US markets overnight, though most of the selling was confined to the technology stocks after a rebound in bond yields. Markets have jumped strongly higher recently on the back of
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