The XJO is expected to open flat this morning following a small recovery in the U.S overnight that saw them willing to hold their key support at the bottom of their range. Their futures are flat. Markets are unsure. The past couple of sessions have seen our market retake intraday lows to finish marginally in
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The XJO is expected to edge lower on open this morning. The U.S on Friday continued their descent lower, however their futures are in the green. Friday was, frankly, a weird day of trading. We opened the session over 100 points lower, however we had a very clear and aggressive intraday bounce to retake all
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The XJO is expected to open lower this morning following extend falls in the U.S overnight. Their futures are flat. Our expected open is just below 7,000. 6,900 is roughly the lowest our market has traded at since late 2022. 7,000 and 6,950 are both key levels of support. With today’s move it is hard
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The XJO is expected to edge lower on open this morning following a selldown in the U.S overnight. The negativity heading into their close was largely brought about by the Fed’s future guidance update on monetary policy. We sold off yesterday in anticipation of a negative reaction from the U.S. Coupled with the past few
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The XJO is expected to edge lower on open this morning following slight pullback in the U.S overnight and their flat futures this morning. Yesterday our market continued the selldown, settling on 7,200 key support. This largely reflects the U.S as both markets are being cautious heading into the Fed rate decision tonight. The Fed
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US shares closed flat overnight, with each of the three major indices managing to record a small gain. It was a quiet night without any major news or announcements, prices did initially trade lower but they recovered to finish slightly higher. Investors seem a bit nervous ahead of the Federal Reserve meeting on Wednesday night,
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