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Risky TradeIt seems the computers were very excited yesterday in the wake of the big drop in annualised US inflation, shooting the ASX200 up 50 points from the open when the futures suggested only 16....
Bank On ItAfter a strong session on Wall Street on Monday night, our futures were up 49 points yesterday morning. After a stumbling start this came to pass, with the ASX200 surging through resistance...
It’s a GasOn a wet and windy winter’s day in summer, the ASX200 closed down -32 points, having been as low as down -57 late morning yesterday. The topic of the day’s conversation...
The relief rally on Wall Street finished before it even started with a rout on Friday night almost sending US stocks back to their previous weekly lows, which will be a negative dampener on sentiment...
Bit of a DownerSlight weakness on Wall Street led the ASX200 lower in the first hour yesterday, and when the index reached 7200 it was all over. There was no support to be found. An hour later the...
Bad Moon RisingThe ASX200 opened down -50 yesterday ahead of the GDP release, following more weakness on Wall Street. On the release, it fell again to be down -70 points at lunchtime. There followed...
By Greg PeelData-Dependent In October the RBA shocked the world by hiking by only 25 points when all and sundry were convinced another 50 points would be required to combat inflation. If anything...
Mixed FeelingsA 24 point gain for the ASX200 seemed about right yesterday following Friday’s fall. The index was up 50 points at lunchtime, wiping out Friday’s losses, but faded through...
Last night’s US ISM services PMI shot higher than expected, sending USD back into uber-strength and making Wall Street get the willies, with near 2% falls across the board. This will translate...
Friday night came and went with another big US jobs figure as the NFP was released. The strong print saw USD launch higher – temporarily – while US stocks were largely unchanged by the end...
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