The XJO is expected to open lower this morning following a strong pullback from the U.S last night. Their futures are flat this morning, which at least shows that their strong sell down last night isn’t being immediately met with further selling. Our market yesterday was not expecting the RBA to raise rates. Lowe has
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The XJO is expected to edge lower on open this morning following a late sell off in the U.S last night that saw them shed all their intraday gains to finish slightly in the red. Their futures have also edged into the red. Our market yesterday pulled back from resistance, almost as if anticipating that
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The XJO is expected to open higher this morning following a strong rally in the U.S on Friday. Their futures have edged into the red however, and the SP500 stalled at key resistance. This will likely translate to our market holding our own consolidation range and key resistance at about 7,350 to 7,375. Our market
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The XJO is expected to open higher this morning following a strong rally in the U.S overnight. Their GDP was worse than expected, likely giving their market hope that rate rises will soon end. Our expected rally this morning will be relatively muted compared to what we saw from the U.S. This is largely because
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The XJO is expected to open lower this morning following another strong night of selling in the U.S. Their futures have edged into the green, which may be part of the reason as to why our market isn’t selling off as heavily as you would typically expect following such a strong sell down in the
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The XJO is expected to open lower this morning following a strong pullback in the U.S overnight. Their futures have moved into the green, however, and if they remain so during our session today, will help stem the bleeding. Furthermore, our market will not fall from as higher base, meaning we likely have less of
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