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Market Opener 20 December 2019

 
Global markets were higher overnight on a Fed official indicating that no rate increases by the central bank were expected in 2020 and continuing optimism over a looming US-China trade deal. However, a negative start to the session looks in store for the ASX, with futures at 7.40am AEDT pointing to a fall of 28 points, or 0.4 per cent, at the open. Markets winding-up for the year, but positive prevails: There’s a touch of that holiday feeling creeping into the market right now. Volumes in Wall Street stocks have finally fallen closer in line with averages, after last week’s slew of positive market news saw investor rushing to buy equities into year end.
 
20/12/2019 10:00:00 AM

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