ASX Braces for Sharp Drop at the Open as Wall Street Declines

The Dow Jones and S&P 500 turned negative for the year overnight, falling by 2.2% and 1.8% respectively whilst the Nasdaq also slipped 1.7%. The underperformance resulted from poor earnings result...

ASX expected to slide at the open as Equities sell off abroad

Overnight, US markets performed poorly as the Dow Jones, S&P 500 and NASDAQ indices shed 1.6%, 1.7% and 3.0% respectively. Technology stocks were the main contributor to the decline with the FAANG...

ASX set to rise as Trade War tensions ease

The ASX is expected to gain slightly at the open following positive comments from Donald Trump regarding trade war concerns with China. After the recent APEC summit, the US President mentioned Chi...

Optimism Amidst China-US trade war

Optimism among US-China trade war has set the tone for an expected positive day in the ASX with futures up 14 points at 830am AEDT and the Australian dollar 0.6 per cent higher. The major US indic...

Brexit Agreement Published and Distributed

ASX futures were up 5 points at 8.25am AEDT, with expectations that Australian shares are set to open relatively flat. This follows a bounce in Oil prices finally ending it’s losing streak. Materi...

Energy stocks under threat from steep dive in oil prices

Global equities attempted to rebound from Monday’s sharp decline overnight, but were forced back into negative territory on the back of a steep decline in oil prices. US crude oil fell 7.1 per cen...

ASX set for sharp drop as US equities tumble

The DJIA fell 2.3 per cent overnight as a broad retreat from technology stocks morphed into negative sentiment across the market.  The Nasdaq Composite and the S&P 500 also declined by 2.8 and 2 p...

Historic Data Points to Strong Equities During 3rd Year of Presidency

Wall street ended the trading week below the 2900 point level with the S&P 500 sliding 0.9 per cent lower during last Friday's trading session.  Australian shares are expected to start the week lo...

FOMC Leaves Rates Unchanged

The main event of last night was the second last Federal Open Market Committee (FOMC) meeting for the year to decide interest rates in the US for the next six weeks. Economists and markets didn’t ...

Split Congress Historically Bullish For Equities

The major US indices rallied 2% respectively during last night’s trading session, with SPI futures up 39 points to 5902 at 8.10 AEDT we expect a strong day for the Australian market. This follows ...
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