Xjo

ASX futures up about 1% after overseas markets rally

Finfeed Archived Jun 30, 2020

In Australia, Victoria reported 75 new cases on Monday. This was the state’s fourth highest daily increase since the start of the pandemic. Investors are now acknowledging that there is no quick fix for the issue and definitely no predictability in terms of measuring the impact on businesses.

ASX off to a tough start with futures down 91 points on COVID concerns

Finfeed Archived Jun 29, 2020

The ASX looks set to start the week with plenty of challenges given Friday’s rout on Wall Street combined with increasing coronavirus cases in the US and Australia. The S&P/ASX 200 index (XJO) finished at 5904 points on Friday, up 1.5% on the day, but down about 0.7% on a week on week basis.

Futures down 92 points as coronavirus spooks overseas markets

Finfeed Archived Jun 25, 2020

While positive economic signs are emerging, the ASX has become increasingly responsive to negative coronavirus related news, both at home and overseas.

SPI futures down 78 points on back of negative US leads and COVID fears

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%.

ASX futures point to a flat day as new coronavirus cases emerge

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.

Futures suggest ASX will struggle as employment data is disseminated

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.

ASX futures point to a recovery, but reality bites in the US

Finfeed Archived Jun 15, 2020

After plummeting more than 1800 points on Thursday and dragging global indices with it, the Dow recovered on Friday, increasing 477 points or 1.9% to close at 25,605 points.

ASX futures points to 1.4% pullback after a week of strong gains

Finfeed Archived Jun 10, 2020

With weakness across US, UK and European markets emerging overnight, it is likely that some profit-taking could emerge. The ASX SPI200 futures index is down 86 points, but this comes after strong week on week increases for XJO.

ASX futures point to a strong start to the week

Finfeed Archived Jun 09, 2020

The S&P/ASX 200 (XJO) increased more than 4% last week, building on strong gains and suggesting that a period of consolidation is on the horizon.

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