Spi200

Could the ASX be in for its 5th straight daily gain?

Finfeed Archived Oct 09, 2020

The ASX 200 ended up 1.1% for its fourth straight daily gain yesterday. The index is now up 5.4% for the week, and with ASX SPI200 futures now up 12 points we could be in for another green day. A fifth straight day in the green would mark the index’s best week since April.

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.

Europe up, US down, gold plunges, AUD tumbles, ASX futures in the red

Finfeed Archived Sep 24, 2020

The ASX SPI200 futures index was down 55 points, reflecting extreme volatility in US markets. The decline in the US market appeared to stem from Fed Reserve commentary regarding the ongoing need for fiscal stimulus as coronavirus continues to undermine the economy.

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.

New record highs in the US, gold touches US$2000 per ounce, ASX futures up 23 points

Finfeed Archived Sep 02, 2020

There were once again positive leads out of the US, and this is expected to provide support for the Australian Market with the ASX SPI200 Futures index up 23 points.

Buffett wades into Japan, NASDAQ hits record high, ASX futures down 58 points

Finfeed Archived Sep 01, 2020

With most overseas markets falling overnight the ASX could be set to deliver its third consecutive day of losses, and the ASX SPI200 index is certainly pointing in that direction, down 58 points to 5972 points.

Australia-China relations sour, US markets soar, ASX futures up 15 points

Finfeed Archived Aug 27, 2020

Futures markets point to a turnaround today, largely reflecting strength in overseas markets as both the NASDAQ and the S&P 500 continued to set record highs. However the gain may be a little suppressed given the escalating geopolitical tensions between Australia and China stemming from a review announced yesterday by the Morrison government.

S&P 500 chalks up another record, but ASX futures down 34 points

Finfeed Archived Aug 26, 2020

After two consecutive days of gains it would appear that the market is poised for a retracement on Wednesday with the ASX SPI200 index down 34 points to 6094 points.

S&P 500 and NASDAQ hit new highs amid irrational exuberance

Finfeed Archived Aug 25, 2020

With strong leads from overseas markets spurred on by good news on the coronavirus vaccine front and some strength in the oil price, it should be another positive day and the ASX SPI200.

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