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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 Aug 20, 2020
The ASX SPI200 futures index is down 15 points, suggesting that the Australian stock market will take its lead from the US. However it was not all bad news, especially if you invest in Apple, as it became the first publicly listed US company to surpass the US$2 trillion market capitalisation level.
Finfeed Archived Aug 19, 2020
Positive earnings results and news of an imminent US stimulus package should spur the markets forward. However, it may be a little too early to factor in potential upside given that the legislations has not yet been passed.
Finfeed Archived Jul 29, 2020
It was mining stocks, in particular those exposed to gold, that did the heavy lifting on Tuesday to push the S&P/ASX 200 index (XJO) above 6100 points, but it was all downhill in the afternoon with the index closing at its low for the day of 6021 points.
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Finfeed Archived Jul 27, 2020
Geopolitical tensions between the US and China were central to the decline in global markets on Friday, and given recent posturing towards China by the Australian government the issues could well have a significant impact on our markets domestically.
Finfeed Archived Jun 26, 2020
After a steep selloff on Thursday, ASX futures have lifted ahead of trading in Sydney as U.S. stocks finished higher in a choppy session.
Finfeed Archived Jun 22, 2020
The S&P/ASX 200 index (XJO) finished the week at 5942 points, up from the previous Friday’s close of 5848 points, representing a week on week gain of 94 points, just over 1.6%.
Finfeed Archived Jun 19, 2020
After a week that has featured some extreme increases and declines in the S&P/ASX 200 index (XJO), the ASX SPI200 index is indicating we are in for a relatively flat day, down 5 points to 5922 points.
Finfeed Archived Jun 18, 2020
The S&P/ASX 200 (XJO) gained 0.8% on Wednesday, building on the significant market spike on Tuesday, and perhaps laying the foundation for a strong week-on-week gain.
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