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Finfeed Archived Jan 21, 2021
The pomp and ceremony of inauguration day has come with a similarly chipper outlook from European markets, with traders hoping this marks the beginning of a more stable four years.
Finfeed Archived Oct 14, 2020
The ASX had a particularly strong run last week, but the winning streak appears to have come to an end with equities markets falling significantly across Europe and the US.
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.
Finfeed Archived Oct 08, 2020
With the budget putting cash in the hands of consumers and businesses alike, it wasn’t surprising to see the S&P/ASX 200 Consumer Discretionary Index (XDJ) performed strongly, gaining nearly 2%.
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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.
Finfeed Archived Oct 05, 2020
The Trump news that triggered a substantial sell-off on the ASX on Friday, had a much more nominal impact on overseas markets on Friday night our time.
Finfeed Archived Sep 29, 2020
Following leads from Europe and the US, the ASX SPI200 index is up 38 points, suggesting we could see a significant bounce.
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.
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.
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