Australian (ASX) Stock Market Forum

Tomorrow's trading on the ASX?

a bit rudderless, methinks..

ASX futures down 77 points, or 0.9%, on 31 December (Bloomberg pricing)
  • AUD +0.1% to at 61.93 US cents
  • Bitcoin +0.2% to $US94,143
  • US, European markets closed
  • Spot gold +0.7% to $US2624.50/oz
  • Brent crude +0.9% to $US74.64 a barrel
  • Iron ore flat at $US100.97 a tonne
  • 10-year yield: US 4.57%, Australia 4.36%, Germany 2.36%
Looked like the sky was going to fall down at 0930hrs. Shortly after, I thought the world had come to a standstill when I had no access to the net while others did....even data didn't work. Thought I'd been sabotaged by AI.
 
Looked like the sky was going to fall down at 0930hrs. Shortly after, I thought the world had come to a standstill when I had no access to the net while others did....even data didn't work. Thought I'd been sabotaged by AI.
"Mama said there'd be days like this"

I didn't trust the Bloomberg number, and indexes opened +ve though have dropped off.
 
ASX futures down 17 points or 0.2% .
  • AUD +0.2% to 62.01 US cents
  • Bitcoin +3.4% to $US97,719
  • Spot gold +1.2% to $US2655.31/oz
  • Brent crude +1.8% to $US75.98 a barrel
  • Iron ore flat at $US100.50 a tonne
  • 10-year yield: US 4.57%, Australia 4.43%, Germany 2.37%
 
ASX futures down 17 points or 0.2% .
  • AUD +0.2% to 62.01 US cents
  • Bitcoin +3.4% to $US97,719
  • Spot gold +1.2% to $US2655.31/oz
  • Brent crude +1.8% to $US75.98 a barrel
  • Iron ore flat at $US100.50 a tonne
  • 10-year yield: US 4.57%, Australia 4.43%, Germany 2.37%
Not exactly suited to that thread, but:
"US 4.57%, Australia 4.43%, Germany 2.37%" isn't difference between Germany and the others stunning considering the state of Germany in 2025?
Looking forward for a bit of down movement to S&P toward 5000 then a big bounce..mirrored slightly here...
Let's see how we go today
 
The S&P/ASX 200 Index is set to rise 0.3 per cent or 23 points.

...all three major US indices recorded gains on Friday when the Dow Jones up 0.8 per cent, the S&P 500 1.3 per cent and the Nasdaq 1.8 per cent.
 
And a bit of a Monday fizzer
1736153345428.png
.

ASX 200 claws small gain on rising property, tech, and financials, resources slammed again on falling commodity prices.

The S&P/ASX 200 closed 6.9 points higher, up 0.08%.
Aussie stocks slid most of the session...
.
 
start of Wednesday:
ASX futures up 15 points or 0.2%
  • AUD -0.1% to 62.40 US cents
  • Bitcoin -5.1% to $US96,763
  • Spot gold +0.5% to $US2648.85/oz
  • Brent crude +1.1% to $US77.16 a barrel
  • Iron ore +0.2% to $US96.75 a tonne
and in Tuesday, the S&P/ASX 200 closed 27.7 points higher, up 0.34%.
 
Half an hour to close:


2 green sectors, oil and health,

Coal, lithium and uranium down

Dow Jones​

42,447.3842,931.5442,433.91-259.18-0.61%15:31:32

S&P 500​

5,900.106,000.705,900.00-75.30-1.26%15:32:56

Nasdaq​

19,455.1619,940.2119,455.11-409.82-2.06%15:32:56

Small Cap 2000​

2,236.412,285.362,234.29-30.24-1.33%15:32:56

S&P 500 VIX​

18.5318.5315.79+2.49+15.52%15:32:46
 
things can turn ....ASX 200 to ease, futures are trading 10 points lower, down 0.12%
and turn again.... ease back on the drop, with easing a possibility...
1736318662207.png
.

Evening Wrap: ASX 200 logs solid gain as investors scout bargains in mining sector: lithium, iron ore and gold stocks best

The S&P/ASX 200 closed 64.0 points higher, up 0.77%
.
 
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Just had a quick squiz at the overseas markets before i pull the plug for the night.
Not any joy or happiness at the moment as Wally Street, Honkers, Nikkeye and Footsee are busy blood letting.
Will the follow the leader, our minnow ASX be doing the same????
 
Just had a quick squiz at the overseas markets before i pull the plug for the night.
Not any joy or happiness at the moment as Wally Street, Honkers, Nikkeye and Footsee are busy blood letting.
Will the follow the leader, our minnow ASX be doing the same????
well we are due for a breather even though we have been wobbling about during the recent up days

but time will tell we are not so reliant on tech and software stocks as some markets
 
Thought I found 2 sources of comfort before close, but bonds ticked higher at close.

U.S. 10Y
4.693
+0.008
+0.17%

U.S. 30Y
4.933
+0.021
+0.43%

U.S. 5Y
4.463
-0.004
-0.09%
that is the down pressure

The yield on US 10-years has risen 54 basis points in the last month as companies and governments issue debt ahead of President-elect Donald Trump’s inauguration.

The UK Gilt yield rose to as high as 4.82 per cent overnight, its highest since August 2008.

In Australia, it's 4.50%, and Germany 2.54%
 
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