COMMODITIES

Mixed overseas markets, but little has changed with ASX futures

Finfeed Archived Aug 14, 2020

Overseas markets were mixed overnight, as investors assessed the prospect of additional stimulus in the US and subdued economic data in light of the record-breaking rally.

Gold plunges, US markets erratic, but futures slightly in the black

Finfeed Archived Aug 12, 2020

While overseas equities markets were generally buoyant there was weakness in a number of commodities, most notably gold which plunged more than 5% to hit a low of US$1911 per ounce. This is likely to result in major gold stocks placing a drag on the broader index, nullifying the prospects of another positive day.

Overseas markets mixed, commodities taper, uptick in SPI futures

Finfeed Archived Aug 10, 2020

Strength across all major commodities including oil, gold, iron ore and base metals, meant there was no other way but up for our sharemarket last week.

Strong manufacturing data out of China triggers spike in ASX futures

Finfeed Archived Aug 04, 2020

Strong leads from overseas last night, combined with particularly healthy manufacturing data coming out of China should see our market regain positive momentum today.

ASX futures down 35 points amid renewed health and economic fears

Finfeed Archived Jul 06, 2020

Looking at possible global drivers, US markets didn’t trade on Friday due to Independence Day, suggesting that our markets will mainly be influenced by the manner in which UK and European markets ended last week. That being the case, we could be in for a poor start to the week, and the ASX SPI200 index is certainly pointing in that direction, down 35 points to 5999 points this morning.

Futures markets point to another strong day on the ASX

Finfeed Archived Jul 02, 2020

The ASX SPI200 futures index is up 42 points to 5945 points, suggesting this positive momentum will be sustained on Thursday.

ASX futures up about 1% after overseas markets rally

Finfeed Archived Jun 30, 2020

In Australia, Victoria reported 75 new cases on Monday. This was the state’s fourth highest daily increase since the start of the pandemic. Investors are now acknowledging that there is no quick fix for the issue and definitely no predictability in terms of measuring the impact on businesses.

Futures up, gold hits 8 year high as ASX readies for fourth consecutive day of gains

Finfeed Archived Jun 24, 2020

With positive leads coming from all key overseas markets, one would expect the ASX to continue making ground on Wednesday, but the SPI200 futures index is only up nine points to 5934 points.

Tech stocks prove superior, Nike, Apple and Microsoft combine to drive Dow higher, while Adobe designs its all-time high

Finfeed Archived Jun 23, 2020

The Dow gained more than 150 points on the strength of US tech stocks, while the NASDAQ 100 jumped more than 1%, with Adobe, Amazon.com and Square all ending at all-time highs.

ASX futures suggest a recovery after three days of losses

Finfeed Archived Jun 16, 2020

The performance of global equities markets over the last 24 hours has demonstrated the volatility and unpredictability of the current situation which is still being influenced by economic factors and COVID-19 fears.

ASX futures point to a strong start to the week

Finfeed Archived Jun 09, 2020

The S&P/ASX 200 (XJO) increased more than 4% last week, building on strong gains and suggesting that a period of consolidation is on the horizon.

ASX 200 poised to crack 6,000 points - ASX Futures up 73 points

Finfeed Archived Jun 04, 2020

Given the strength in global markets overnight it would appear that we are in for another strong day with the SPI200 Futures index up 73 points this morning to 5999 points.

ASX to open higher as markets remain unperturbed by US volatility

Finfeed Archived Jun 02, 2020

A measured response by President Trump regarding US-China relations eased tensions, resulting in a good all round performance from equities markets on Monday. The S&P/ASX 200 index (XJO) increased 63 points with mining and building materials groups leading the index higher.