The XJO is expected to open flat following a tumultuous night of trading in the U.S which saw their market finish in the green. We have found in recent history that key CPI and Monetary Policy meetings have taken a few sessions to digest. Our market likely feels unsure how to interpret the move last
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The XJO is expected to edge lower on open this morning following a similar move from the U.S last night and their flat futures this morning. Markets are simply quiet heading into the CPI reading tonight in the U.S. Locally, we had the federal budget released last night. We don’t see this affecting our market
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The XJO is expected to edge lower on open this morning following mixed and subdued trading from the U.S overnight which saw their market finish flat. Markets are likely quiet as we head into a key CPI reading from the U.S on Wednesday night. CPI and monetary policy remain as the largest mover of markets,
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The XJO is expected to jump strongly on open this morning after a huge jump in US shares on Friday, our XJO futures are pointing to a rise of around 70 points, to roughly 7,290 index points. Technically, there is some resistance around 7,290-7,300, which would have to break for further gains to look likely.
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The XJO is expected to open lower again this morning following another night of selling in the U.S which saw their market return to recent lows but hold support. Their futures are flat at this stage. Yesterday our market showed resilience in the face of recent selling by clawing back most intraday losses to finish
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The XJO is expected to open lower this morning following another strong pullback in the U.S overnight. They fell back to the lows from their previous session, and our market’s open should be roughly the same. Their futures however have moved strongly into the red as they continue to digest Powell’s comments which continued to
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