6/2/23. Finspiration Evening Report.
Bit of nothing day on the ASX today - waiting on the RBA tomorrow.
Chart seems to be setting up for a pull-back with negative divergences on Stochastic and CCI. We'll see tomorrow after RBA hands down its interest-rate decision. Consensus is for +0.25%.
Big news today was for Newcrest after Newmont raised its take-over offer. NCM up +9.3%.
Property (XPJ) has had a great run recently, down today -1.94%. That's probably anticipating interest rates going up.
Currently, Europe is down, STOXX -0.59%. New York Futures, SP500 -0.54%. Not looking great for Oz tomorrow. BHP in London is down -0.45% after being up today in Oz +0.61%.
See you all tomorrow. Stay safe.
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