Australian Market Expands Early Losses In Mid-market

Australia’s S&P/ASX 200 is extending early losses in mid-session, deepening into the red despite broadly positive Wall Street cues from Friday. The index is “falling well below” the 9,25xx area (article truncated), indicating downside momentum rather than a full reversal.

Analysis

Australia’s S&P/ASX 200 is extending early losses in mid-session, deepening into the red despite broadly positive Wall Street cues from Friday. The index is “falling well below” the 9,25xx area (article truncated), indicating downside momentum rather than a full reversal.