The XJO is expected to continue lower this morning following a pullback in the U.S last night and their negative futures this morning.
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The XJO is expected to open lower this morning. Most U.S sectors were down – it was only tech that really helped their market finish flat which doesn’t have nearly as much weight locally. Furthermore, yesterday our market was hopeful for a relief rally in the U.S, heralded by their strong futures during our session,
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The XJO is expected to edge lower on open this morning following a small pullback in the U.S on Friday. Their futures sit marginally in the green. Markets remain indecisive. Last week, most of our sessions were dojis, where we whipsawed intraday to both shed gains and retake losses. Roughly 7,000 and 7,080 marks the
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Australian shares are expected to open higher this morning, following buying in US markets overnight. Overall, US economic data was seen as somewhat disinflationary overnight, which is what the stock market wants to see. The Australian market does remain in a downtrend however, which may cap any movement to the upside. Expect to see strength
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The XJO is expected to edge lower on open this morning following a mixed night of trading in the U.S which saw their market retake intraday losses to finish fairly flat. Their futures are also flat.
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The XJO is expected to open lower this morning following renewed selling in the U.S overnight which saw their market commit to the break lower. Their futures have edged into the green however. We should open near 7,000. If U.S futures remain positive during our session, it seems very likely we hold 6,950 to 7,000
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