The XJO is expected to open higher following a small move higher in the U.S overnight. Their futures sit flat to lower. Our market showed us yesterday that it is pretty much looking for any excuse to sell. We started the session in the green alongside positive U.S futures. However, U.S futures turned mildly red
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The XJO is expected to edge higher on open this morning following another tumultuous session in the U.S on Friday which saw their market pull back from their intraday highs to finish slightly in the red. Their futures are mildly green. We finished last week particularly gloomy. Both Thursday and Friday were big days of
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The XJO is expected to open lower this morning following a tumultuous night of selling in the U.S which saw them rebound from resistance lower, but retake almost half their intraday losses by close. Their futures have edged into the green this morning, which at least means at this stage that their selling isn’t being
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The XJO is expected to move lower on open this morning following both a meek move lower in the U.S last night and their soft futures this morning. Our market likely sees the U.S unwilling to break their key resistance and make new highs as good enough reason to extend yesterday’s profit taking. In doing
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The XJO is expected to edge lower on open this morning with little to no leads from the U.S due to their public holiday and flat futures. Yesterday the RBA decided to hold rates. Essentially, they want to wait and see. They recognise that discretionary consumption is falling, but unemployment remains at 50-year lows. The
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The XJO is expected to open flat this morning following a small gain in the U.S. overnight which showed their willingness to hold resistance going into their holiday. Their futures however have edged into the red, which may cause our market to follow suit in our morning session. Yesterday our market rallied stronger than expected
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