How do you know? ITs not 2:30 pm yet.
Funnily enough, the AFR calls the ASX every day based on the overnight Nasdaq futures; if the were green, they call "rise" for the ASX, or fall if red.. Well this was their byline this morning after a strong green night ....
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They obviously dont see those long green candles on the NDX where the pumpers are pushing it up. Or are they convinced Aussie traders are going to implode on a rate rise today?
PS Re Low volumes - dont they usually precede an important decision, like rates? They seem to in the US.
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How do you know? ITs not 2:30 pm yet. :) Funnily enough, the AFR...
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