XJO 0.55% 7,629.0 s&p/asx 200

It is not one factor that is the cause but a mix of factors...

  1. 4,155 Posts.
    It is not one factor that is the cause but a mix of factors combined.  XJO will not move in the opposite direction of a major rally in world indices later this week.

    What is driving movement of capital from safety to risk assets today (for example sell yen buy aud)?  The lower chance of a Trump win is highly likely to be the major factor.  Sportsbet odds are just one of many reflections of that, but not the driving force itself.

    audjpy071116a.PNG
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.