
JTrader Daily: Mondays best set ups!
JTrader Daily: Best set ups for Monday 12th May 2025!
C79, GQG, LTR, NVX, SHG
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JTrader Daily: Best set ups for Monday 12th May 2025!
C79, GQG, LTR, NVX, SHG
JTrader Daily: Best set ups for Wednesday 7th May 2025!
ALD, CAY, NXT, TAH, TTT
JTrader Daily: Best set ups for Monday 5th May 2025!
CU6, NEC, NEU, S32, SMR
Stocks recovered from early losses due to middle east tensions, to finish slightly higher, underpinned by an Oracle-led rally in big tech and further signs of cooling inflation.
Stocks snapped a three-day winning streak despite slowing inflation stoked bets on Federal Reserve rate cuts just as US President Donald Trump “confirmed” that his administration had struck a trade deal with China, albeit without any confirmation from China
Stocks edged higher overnight on rising hopes for a U.S.-China trade deal after U.S. Commerce Secretary Howard Lutnick said the second-day of trade talks between the two nations were “going well.”.
Australian shares edged lower on Friday despite strength in energy and gold stocks, following Israeli air strikes on Iran that rattled investor sentiment. The S&P/ASX 200 fell 14.9 points, or 0.2%, to 8550.2 by 2pm AEST, with seven of 11 sectors in decline.
The ASX edged higher by midday, with the S&P/ASX 200 up 21 points, or 0.2%, at 8613.1, supported by a rally in energy stocks following a sharp 5% rise in oil prices. Global sentiment was dampened by a sell-off in US tech giants and rising US-Iran tensions, while the S&P 500 closed 0.3% lower overnight.
The ASX 200 closed at a record high of 8592.1 on Wednesday, rising 0.1% after reaching an intraday peak of 8639.1. Gains were driven by optimism over China-U.S. trade negotiations, with U.S. Commerce Secretary Howard Lutnick citing productive talks and a new framework agreement emerging post-trade.
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