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 and NASDAQ hit record highs, metals rally, futures down 7 points
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.