ASX futures are pointing to a 60 point rise at Monday’s open, but analysts said there is a good chance it will be geopolitical relations that ultimately decide the market’s trajectory.but only after stumbling into Friday’s close as trade tensions between China and the US ratcheted up.Beijing's intent to impose a new security law on Hong Kong proved a particular sore point.
“The markets have simply been ignoring the data,” he said. “Markets are putting two and two together and realising that bad data means more stimulus …and investors expect even more money will be pumped into the system.” “We know the economy is bad, and the market is looking for how quickly it is going to recover,” Mr Craig said.
That means it will fall nobody’s got any idea these days no fundamentals
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sydney has turned into a renters' market amid the pandemic with falling prices and rising vacanciesThe Sydney property market has seen rent prices in the city drop by more than $100-a-week amid the coronavirus pandemic as renters return home or move in with others to share costs. ...needs to drop another 100... Suck it! Glad to see Karma biting the ass of greedy landlords. Bubble has FINALLY burst, big time!😂
Read more »