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 ....
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.
How do you know? ITs not 2:30 pm yet. :) Funnily enough, the AFR...
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