Global Equities

ASX Futures up 21 points following a strong lead from the US

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.

Overseas leads point to sharp fall on the ASX on Friday

Finfeed Archived Sep 11, 2020

Major US indexes across the board were all down overnight. This does not bode well for the Australian stock market with the ASX200 SPI Futures down 79 points.

NASDAQ leads recovery in US, SPI Futures up 77 points

Finfeed Archived Sep 10, 2020

The Australian stock market should see a bounce-back with US markets staging a significant turnaround last night after three consecutive days of losses, and this is reflected in the ASX SPI200 futures index which is up 77 points

ASX Futures down 98 points as NASDAQ falls 4%, Tesla crashes 21%

Finfeed Archived Sep 09, 2020

After a horror finish last week, the XJO has added 82 points over the last two days, but with the ASX SPI200 Futures index down 98 points all of these gains could be eroded in what is shaping up as a challenging day.

Records continue to tumble in US, DAX surges 2%, ASX futures up 42 points

Finfeed Archived Sep 03, 2020

The S&P/ASX 200 index (XJO) soared 110 points on Wednesday, helping to offset three consecutive days of losses leading up to that point. Given the strength in overseas markets last night, this trend is likely to continue and the ASX SPI200 index is up 42 points.

ASX futures up 10 points as technology shares propel NASDAQ higher

Finfeed Archived Aug 21, 2020

The Nasdaq ended Thursday at a record high, with the S&P 500 and Dow Jones also rising, as gains in heavyweight tech stocks outweighed weak data that affirmed the Federal Reserve’s view of a challenging road to economic recovery.

Mixed overseas markets, but little has changed with ASX futures

Finfeed Archived Aug 14, 2020

Overseas markets were mixed overnight, as investors assessed the prospect of additional stimulus in the US and subdued economic data in light of the record-breaking rally.

Gold price continues slide, S&P 500 just shy of record high, futures up 42 points

Finfeed Archived Aug 13, 2020

A steep fall in the gold price resulted in substantial downward pressure on the S&P/ASX 200 index (XJO), but a late surge of around 30 points saw it finish just seven points shy from the pervious day.

Gold plunges, US markets erratic, but futures slightly in the black

Finfeed Archived Aug 12, 2020

While overseas equities markets were generally buoyant there was weakness in a number of commodities, most notably gold which plunged more than 5% to hit a low of US$1911 per ounce. This is likely to result in major gold stocks placing a drag on the broader index, nullifying the prospects of another positive day.

Technology shares lead US stocks higher as Nasdaq closes above 11,000

Finfeed Archived Aug 07, 2020

Wall Street shrugged off a sluggish start to close higher as the Nasdaq soared above 11,000 points as investors remain bullish on stocks and hope for a new fiscal stimulus package.

Fed provides positive momentum in US, ASX futures up nearly 1%

Finfeed Archived Jul 30, 2020

The ASX lacked direction yesterday with negative COVID related news driving the market but direction should be restored with positive news coming from the Federal Reserve FOMC meeting highlighting an intention to address the economic fallout from the coronavirus.

Depressed consumer confidence evident in US, ASX futures trending lower

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.