Early gains tipped for ASX after US rally

Early gains tipped for ASX after US rally

Traders can look forward to good early gains on the Australian share market after a broad rally on Wall Street overnight. The SPI 200 futures contract was higher by 73 points, or 1.23 per cent, to 5,999.0 at 0700 AEST on Thursday, indicating gains early. In the US, a...
Early gains tipped for ASX after US rally

ASX to edge higher before GDP figures

Investors appear set to push the ASX slightly higher in early trade before the release of GDP figures which could all but confirm Australia’s first recession in almost 30 years. The SPI 200 futures contract was higher by 31 points, or 0.53 per cent, to 5,861.0...
Early gains tipped for ASX after US rally

ASX to open directionless as dollar surges

Australia’s sharemarket is poised for a flat start to trade, although investors may be encouraged by their US counterparts’ belief in economic recovery, and downplaying the race riots. The SPI 200 futures contract was higher by 9 points, or 0.15 per cent,...
Early gains tipped for ASX after US rally

ASX to fall in uncertain start to trade

Investors appear set to suffer losses at the start of the trading week in Australia as one economist wondered whether the market could consolidate after a string of gains. The SPI 200 futures contract was lower by 24 points, or 0.42 per cent, to 5,725.0 at 0700 AEST...
Early gains tipped for ASX after US rally

ASX to dip slightly ahead of GDP data

The Australian share market is expected to dip slightly, ahead of a big week of local economic data. The futures market suggests the benchmark S&P/ASX200 will fall 24 points at the start of trade on Monday. It comes after it closed on Friday down 95.4 points, or...