Asian Open: The S&P 500 Closes In On Record High
Matt Simpson June 6, 2021 10:47 PM
A weaker-than-expected nonfarm payrolls report sent equities higher and the dollar lower on Friday. Futures markets are also pointing to a firmer open in Asia today. Share:
Asian Futures:
Australia’s ASX 200 futures rose 7 points (0.1%), the cash market is currently estimated to open at 7302.4
Japan s Nikkei 225 futures have risen 210 points (0.73%), the cash market is currently estimated to open at 29151.52
Hong Kong s Hang Seng futures are up 176 points (0.61%), the cash market is currently estimated to open at 29094.1
European Friday close:
Europe s Euro STOXX 50 index rose 10.14 points (0.25%) to close at 4089.38
Asian Open: Wall Street Edges Lower, GBP Firmer as UK Reopens cityindex.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityindex.co.uk Daily Mail and Mail on Sunday newspapers.
ASX 200 Market Internals:
By yesterday’s close, we had mixed feelings on the ASX 200 chart. On one hand, it is holding above 7,000 and produced a three-bar bullish reversal (Morning Star Reversal) above its 20-day eMA. Yet, on the other hand, it is struggling to re-test the February (Pre-pandemic highs) let along break above them. There is clearly a battle around current levels which can be frustrating for trend traders until a breakout occurs. But, with index futures, Europe and US broadly lower, we’re in for a soft open today. Although bears need to see a break beneath 7,000 before they can assume control.
Asian Open: S&P 500 Squeezes a New High (After a Shaky Start)
Matt Simpson April 29, 2021 10:45 PM
Strong economic data and a slew of earnings reports made for a choppy session on Wall Street, although indices clawed back earlier losses to close marginally higher. Share:
Asian Futures:
Australia s ASX 200 futures are down -16 points (-0.23%), the cash market is currently estimated to open at 7,066.30
Japan s Nikkei 225 futures are down -130 points (-0.45%), the cash market is currently estimated to open at 28,923.97
Hong Kong s Hang Seng futures are down -73 points (-0.25%), the cash market is currently estimated to open at 29,230.26
UK and Europe: