The trading sessions of global indices and commodities begin and end at various times throughout our day; as a consequence it can be difficult to interpret how the official net change of a particular index, commodity or currency relates to the re-opening of the Australian market.
For example, we may awake to hear the Dow Jones Index has rallied 150pts and the FTSE Index closed down 35pts - in isolation these figures mean very little to a trader and give little insight as to how it will affect the opening of the Australian market.
IG Markets now provides a solution with a ‘Morning Prices Call’. This quotes the net change of the world’s major indices and commodities from the close of the previous ASX session.
Get a jump on other market participants - use these prices to determine whether overnight markets have over or under performed and delve into the numbers to determine how your favourite share will trade.
Morning Prices Table
| Market | Price to Open | Change Since Australian Market Close | Percentage Change |
|---|---|---|---|
| Australia 200 Cash | 4828 |
14 |
0.29% |
| Wall Street Cash | 10610 |
77 |
0.73% |
| FTSE 100 Cash | 5633 |
10 |
0.18% |
| Germany 30 Cash | 5954 |
43 |
0.73% |
| Japan 225 Cash | 10706 |
91.0 |
0.86% |
| Rio Tinto Plc (London) | 37.01 |
-0.59 |
-1.57% |
| BHP Billiton Plc (London) | 22.00 |
-0.48 |
-2.11% |
| BHP Billiton ADR (US) | 42.88 |
-0.13 |
-0.31% |
| Gold (Spot) | 1109.4 |
0.9 |
0.08% |
| US Light Crude (Apr) | 82.23 |
1.29 |
1.60% |
| Aluminium (London) | 2235 |
15 |
0.68% |
| Copper (London) | 7465 |
67 |
0.91% |
| Nickel (London) | 21335 |
100 |
0.47% |
| Zinc (London) | 2346 |
4 |
0.17% |
| Aust. 30-Day Interbank Rate (Apr) | 95.93 |
0.00 |
0.01% |
| AUD/USD | 0.9154 |
0.0013 |
0.14% |
Updated: 08:30 AEST 12/03/10
Background to opening prices
IG Markets provides round-the-clock CFD trading on currencies, indices and commodities:
- The levels quoted in the morning prices table are the latest tradeable price for each market
- The net change for each market is referenced from the corresponding tradeable level at yesterday’s close of the ASX
- These levels are specifically tailored for the Australian trader and take into account the 24hr nature of global markets
Disclaimer: The above material does not contain (and should not be construed as containing) personal financial or investment advice or other recommendations. The information provided does not take into account your particular investment objectives, financial situation or investment needs. You should assess whether the information provided is appropriate to your particular investment objectives, financial situation and investment needs. You should do this before making an investment decision based on the material above. You can either make this assessment yourself or seek the assistance of an independent financial advisor. IG Markets Limited accepts no responsibility for any use that may be made of these comments and for any consequences that result.