US markets have provided no platform for Asia to move higher, so it seems we will need to see China come out firing again for the ASX 200 to make any upside...

Chris Weston

Pepperstone

US markets have provided no platform for Asia to move higher, so it seems we will need to see China come out firing again for the ASX 200 to make any upside traction. This seems to be the trend with the ASX 200 - finding buyers just before the open of the Chinese futures markets at 12:15, and again when the cash market and money markets really fire up shortly after. It appears we're heading for a negative open for the local market, with traders potentially non-committal in terms of placing buy orders. - (VIEW LINK)


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Chris Weston
Head of Research
Pepperstone

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...

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