The XJO is expected top edge higher on open this morning following an indecisive night of trading in the U.S that saw their market finish fairly flat. Their futures have moved into the red. Yesterday our market flew higher on the back of a lower-than-expected CPI (QoQ) reading. We gave up some of the gains
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The XJO is expected to edge higher on open this morning following a similar move from the U.S overnight. U.S futures have moved into the red however, and coupled with the local CPI reading today at 11:30am (AEST) our market is likely reluctant to do much in the morning session. Yesterday we showed some positivity,
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The XJO is expected to move higher on open this following a small rise in the U.S overnight. U.S futures sit flat. Yesterday we gave up our morning gains to finish fairly flat after a day of indecisive trading. We are whipping around at the top of the range as we grind along 7,300, using
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The XJO is expected to edge higher on open despite the U.S closing flat on Friday and their futures edging into the red this morning. On Friday we tested the previous resistance at roughly 7,280 and rebounded from it intraday to finish only marginally lower. Coupled with our expected gains (albeit meek) on open, our
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The XJO is expected to open flat this morning despite a pullback in the U.S overnight. Yesterday we pulled right back from our highs to finish fairly flat, and coupled with slightly positive U.S futures, this is likely why we are seeing a muted open. Yesterday we tested the key resistance at roughly 7,380 in
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The XJO is expected to open flat this morning following a marginally higher finish for the U.S last night. Their futures have edged into the red which is likely contributing to our muted open. Yesterday we managed to break through 7,280 key resistance convincingly. We had been skirting alongside it for the past couple of
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