The XJO is expected to open flat this morning despite a continued rally in the U.S overnight. Their futures have also edged into the green. Yesterday we managed to price in their gains despite a meek open, so it could be reasonable to expect the same today. However, we may simply track sidewards or even
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The XJO is expected to open higher this morning following a continued rally in the U.S overnight and their positive futures this morning. Yesterday our cowardly market was unable to hold onto the opening gains, finishing only marginally higher. It was good to see that we tried to push through 7,200, and this morning we
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The XJO is expected to inch higher, following a US lead with Wall Street returning to its strongest levels since March 2022 thanks to an improving job market which exceeded forecasts. These expected gains follow RBA commentary last week that outlined how financial stress is unlikely to impact stability as majority of borrowers remain able
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The XJO is expected to edge lower on open this morning despite a small rise from the U.S overnight. Our meek open may be put down to a few reasons. Firstly, U.S futures have edged into the red. Secondly, we managed to hold our gains yesterday despite a pullback in the U.S the night before,
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The XJO is expected to open lower this morning after a tumultuous night of trading in the U.S overnight. Their futures have edged into the green. Our market isn’t likely to be inspired today as the U.S quite clearly rebounded intraday from both their key resistance and yearly highs overnight to finish marginally in the
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The XJO is expected to open higher this morning following a small rebound in the U.S overnight as they continue to track sidewards at the top of the range. Their futures have edged into the red however. Yesterday was a dismal showing for our market as we fled back to the safety of roughly 7,050.
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