It seems to me that global markets are stuck in a trading pattern, oscillating between euphoria when signs of a vaccine are announced, to despair as new economic results and increasingly protectionist policies are released around the world.
Here’s the Financial Planning news you need to know. Overnight, global share markets recovered on the back of an improving crude oil price, now $32 per barrel, and an uptick in airline bookings, sending both sectors up 4% in the US.
The S&P/ASX 200 (ASX:XJO) is expected to open lower on Wednesday following weak leads from Wall Street.
A covid cure on the horizon? US-based drugmaker Moderna revealed positive results from its human trials of a Coronavirus vaccine, treating those yet to suffer from the disease with some positive results.
The ASX 200 (ASX: XJO) is set to open higher, China and Australia trade tensions to ease, Xero reports and more.
Here’s what financial planners need to know Friday morning. The ASX 200 followed Wall Street’s lead down on Thursday, falling 1.7% and finishing at just 5.319 points.
Here’s what Australian financial planners and advisers need to know on Thursday morning…
The ASX 200 is likely to start trading lower on Wednesday, according to futures contracts in Sydney.
The ASX 200 is likely to open slightly lower on Tuesday according to the Sydney Futures Exchange, following mixed results from global markets overnight.
Markets around the world finished last week on yet another strong note with the USA’s S&P 500 up 1.7% on Friday and Australia’s ASX 200 remaining weaker but improving 0.5%.
