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Finfeed Archived Jun 05, 2020
World equity markets pulled in the reins after a strong seven-day run. Shares were pretty overvalued going into this weekend and it appears that the stock market rally, at least for the time being, ran out of steam.
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.
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.
Finfeed Archived Jun 01, 2020
The ASX SPI200 Futures Index points to a negative start to the week, as the rioting, violence and looting fuelled by long-running racial tensions persist in the 30 largest US cities.
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Finfeed Archived May 27, 2020
The S&P/ASX 200 index (XJO) surged nearly 3% on Tuesday finishing at a high of 5780 points. Financials were strong again and there is evidence that consumer discretionary stocks should emerge from the COVID crisis much better than expected.
Finfeed Archived May 26, 2020
Very bullish sentiment regarding an imminent recovery in the Australian economy, combined with anticipated signs of better things to come in the US, underpinned a 2.2% increase in the S&P/ASX 200.
Finfeed Archived May 25, 2020
While the S&P ASX 200 shed 1% to close at 5497 points on Friday, this still represented a promising week-on-week performance with the XJO up 1.7%.
Finfeed Archived May 22, 2020
Global equities slid on Thursday as volatility remains elevated on concerns about the long-term impact of the coronavirus and new global trade tensions.
Finfeed Archived May 15, 2020
ASX futures traded 45 points higher after Wall Street rebounded overnight, as investors weighed the prospect of economic recovery. The upward movement was made following remarks from US President Donald Trump over the US-China trade relationship.
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