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Overseas markets up, good gains in commodities, but futures flat

Finfeed Archived Oct 12, 2020

Gold continued its end of the week resurgence, closing at US$1936 per ounce, up more than US$50 per ounce from a low struck earlier in the week.

Strength in overseas markets and kick in oil price drives futures higher

Finfeed Archived Oct 06, 2020

Much of yesterday’s ASX gains were on the back of optimistic expectations regarding tonight’s budget which is expected to provide tax cuts, cash injections and stimulus packages for consumers and businesses.

Tech stocks surge amid volatile markets overnight

Finfeed Archived Oct 02, 2020

US markets ended up higher overnight, with the Nasdaq leading the way, up 1.42% thanks to tech giants Netflix (+5.5%), Telsa (+4.5%), Amazon (+2.3%), Facebook (+1.8%), and Alphabet 1.5%.

US markets up despite debate debacle, iron ore surges, futures up

Finfeed Archived Oct 01, 2020

A strong lead from the US overnight could see a rebound today, and the ASX SPI200 futures index is pointing in that direction, up 11 points to 5813 points.

Futures down 50 points, gold up, but oil stocks in the firing line

Finfeed Archived Sep 30, 2020

One of the few shining lights could be gold as it reclaimed US$1900 per ounce overnight.

ASX set to open higher after volatile session overnight

Finfeed Archived Sep 25, 2020

Gold hit a two month low which sent miners, Newcrest, Northern Star, and Evolution lower. Gold is now buying $US1,868/oz.

Futures up 60 points, overseas markets recover, but is it a dead cat bounce?

Finfeed Archived Sep 23, 2020

With overseas markets recovering overnight, and particularly good gains made in the US, the ASX SPI200 index is up 60 points to 5831 points.

Futures down 57 points as global markets and commodity prices tumble

Finfeed Archived Sep 22, 2020

Apple Inc and Microsoft Corp managed to buck the trend as they gained 3% and 1% respectively.

ASX tipped to open lower following negative sentiment in overseas markets

Finfeed Archived Sep 21, 2020

Given negative sentiment in overseas markets, it is likely that ASX stocks will come under pressure on Monday, and this is supported by the ASX SPI200 index which is down 36 points to 5836 points.