Could the ASX be in for its 5th straight daily gain?
Finfeed Archived Oct 09, 2020
The ASX 200 ended up 1.1% for its fourth straight daily gain yesterday. The index is now up 5.4% for the week, and with ASX SPI200 futures now up 12 points we could be in for another green day. A fifth straight day in the green would mark the index’s best week since April.
Budget as expected, Trump sends US markets into a spin, ASX futures down
Finfeed Archived Oct 07, 2020
With generally negative leads from overseas, the ASX SPI200 futures index looks to be on the mark, down 17 points. It appeared that consternation surrounding the budget last evening resulted in many traders sitting on the sidelines to watch the day play out and the budget to beat all budgets unfold.
ASX Futures up 21 points following a strong lead from the US
Finfeed Archived Sep 28, 2020
The financial sector was buoyed by moves to relax the responsible lending laws that have served to constrain all facets of consumer and business lending. With US markets having performed strongly at the end of the week this positive momentum could continue, and the ASX SPI200 futures index is pointing in that direction.
Europe up, US down, gold plunges, AUD tumbles, ASX futures in the red
Finfeed Archived Sep 24, 2020
The ASX SPI200 futures index was down 55 points, reflecting extreme volatility in US markets. The decline in the US market appeared to stem from Fed Reserve commentary regarding the ongoing need for fiscal stimulus as coronavirus continues to undermine the economy.
Tech majors lead US stocks decline, West Texas climbs again
Finfeed Archived Sep 18, 2020
Looking at the current state of the market, US stocks fell and Treasuries gained overnight as investors consider whether current levels of stimulus are enough for the country’s slow, but gradual economic recovery.
NASDAQ leads recovery in US, SPI Futures up 77 points
Finfeed Archived Sep 10, 2020
The Australian stock market should see a bounce-back with US markets staging a significant turnaround last night after three consecutive days of losses, and this is reflected in the ASX SPI200 futures index which is up 77 points
ASX Futures down 98 points as NASDAQ falls 4%, Tesla crashes 21%
Finfeed Archived Sep 09, 2020
After a horror finish last week, the XJO has added 82 points over the last two days, but with the ASX SPI200 Futures index down 98 points all of these gains could be eroded in what is shaping up as a challenging day.
Records continue to tumble in US, DAX surges 2%, ASX futures up 42 points
Finfeed Archived Sep 03, 2020
The S&P/ASX 200 index (XJO) soared 110 points on Wednesday, helping to offset three consecutive days of losses leading up to that point. Given the strength in overseas markets last night, this trend is likely to continue and the ASX SPI200 index is up 42 points.
Buffett wades into Japan, NASDAQ hits record high, ASX futures down 58 points
Finfeed Archived Sep 01, 2020
With most overseas markets falling overnight the ASX could be set to deliver its third consecutive day of losses, and the ASX SPI200 index is certainly pointing in that direction, down 58 points to 5972 points.
Australia-China relations sour, US markets soar, ASX futures up 15 points
Finfeed Archived Aug 27, 2020
Futures markets point to a turnaround today, largely reflecting strength in overseas markets as both the NASDAQ and the S&P 500 continued to set record highs. However the gain may be a little suppressed given the escalating geopolitical tensions between Australia and China stemming from a review announced yesterday by the Morrison government.