
Increased risk appetite weakens the U.S. Dollar, boosts stocks
The economic figures published yesterday in the U.S. are another factor [...]
UK’s Footsie Index hit all-time record highs on Friday (closing above 7,000) and the Aussie 200 index managed to climb to an intraday high of 6007 but has been unable to carry the momentum forward, as both Health Care and Information Technology stocks struggled to hold their own. Copper had a stellar Friday session thanks to some short covering, rallying 3.8 per cent and hitting new 10 week highs. The Aussie Dollar benefited from US Dollar weakness and has broken above 78 cents and is sitting at 0.7820.
How did the Aussie market perform today?
S&P/ASX200 lost 19.4 points or -0.3% on volume of $3.52 billion, closing at 5956.1
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
22% of stocks are showing oversold levels, 29% are showing overbought levels and 62% of stocks are currently above their long term moving average as of close of trading today. View the image below to better understand overbought and oversold levels.
S&P/ASX 200 Gainers and Losers
Top 5 gainers:
Top 5 Losers:
Please note that these are our initial impressions and that it is important to read all disclaimers on this website when considering the information. If you would like to discuss further please contact:
Ashley Jessen
Director of Communications
Email: ashley_jessen@invast.com.au
Phone: 02 8036 7567
Monday, 23 Mar, 2015 / 7:31
Increased risk appetite weakens the U.S. Dollar, boosts stocks
The economic figures published yesterday in the U.S. are another factor [...]
Yields plunge, defy logic, after blowout data, but dollar steadies
US economy firing on all cylinders as data keeps getting [...]
ING believes EUR/USD will break 1.20, and you?
What is moving the markets these days? What are the main drivers of currency [...]