Market Updates

 ASX 200 gave up all its early gains to finish down 10 points to 6594 (0.2%). US futures flip flopped and jobs numbers came in better than expected below the headline making it more likely that the RBA has to go harder. The Big Bank Basket slipped again to $157.67 (). CBA down 0.2% and WBC off 1.9% with insurers off as QBE slipped 2.0% and SUN fell 1.0%. MQG held up and Buy Now Pain Later stocks r...

EARLY BRIEFING ASX 200 SPI Futures up 16 points Fed raises rates 0.75% biggest rise since 1994. Dow up 304 points (1.0%) Nasdaq up 271 points (2.5%) S&P500 up 55 (1.5%) Base metals better with Nickel up 2.2% Oil down 2.2% Gold up 0.3% Iron ore down 2%. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

ASX 200 down 85 points to 6601 (1.3%). Bond yields jump to 4.23% in 10-year yields as minimum wage worries fuel inflation fears. Banks get smacked down with the Big Bank Basket down to $158.25 (%). CBA down 0.6% and NAB off 1.9% with MQG holding firm up 0.5% as insurers rising slightly. SUN up 3.5% and QBE up 2.2%. Fund managers slipped with GQG off 3.1% and MFG down 2.1%. In healthcare CSL droppe...

The Dow fell for a fifth consecutive session ending up down 152 points (-0.5%) as markets remain skittish ahead of the FOMC interest rate decision tonight. SPI Futures are down 40 points (-0.6%) following yesterday’s fall. Get up to speed on all the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 40 points Dow drops another 152 points (0.5%) Nasdaq up 19 (0.2%) S&P 500 down 14...

 ASX 200 fell 246 points to 6686 (3.6%). A surprisingly calm and steady day at least after the collapse at the open. Good rally into the close as US futures rallied. Sideways from the initial dump. All sectors of the market were trashed today with the financials under pressure led by the big four as the Bank Basket fell to $160.11 (3.4%). MQG fell 5.2% as deals are drying up, MFG down just 0.4 % a...

The Aussie market is playing catch up this morning and it is set to be a brutal reaction after two consecutive 800+ point falls on the Dow.  Get up to speed with Henry's Breakfast Briefing. ASX 200 SPI Futures down 183 points. Dow falls another 876 points (2.8%) Nasdaq down 531 points (4.7%) S&P 500 down 151 points (3.9%) VIX up 22.6% Base metals hit. Iron ore down 2% Oil up 0.2% Libyan o...

 ASX 200 finished near lows down 84 points at 6936 (1.3%). Plenty of nerves pre the CPI tonight as banks tried to rally before being ambushed again. The Big Bank Basket fell to $165.76 (1.2) with CBA off 1.2% and MQG dropping 3.5%. Insurers also easier despite yields rising on bonds. QBE down 2.0% and IAG off 2.6%. Fund managers fell again, GQG down 1.2% and MFG down 4.2%. Industrials continued to...

The Dow finished down 638 points (-1.94%) in a late sell-off ahead of tonight’s key CPI print. SPI Futures are indicating another down day for Australian markets, down 55 points (-0.78%) this morning.  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 55 points Dow falls 638 points (1.9%) Nasdaq down 332 points (2.8%) S&P 500 down 98 (2.4%) Oil falls 0.4%. Gold down 0.2...

ASX 200 fell another 101 points today to 7020 (-1.4%) as once again banks saw widespread selling and resources eased despite good numbers from China. The Big Bank Basket fell to $167.72 (2.6%). CBA down 2.6%, WBC down another 3.7%. MQG held up with a small loss, insurers were under a little pressure, QBE down 0.7% and MFG rose 2.2% on news of Hamish. Industrials were patchy with CSL up 0.3% and RH...

The oil price narrative dominated headlines with Goldman forecasting prices of US$140 a barrel with fears of further inflation spooking the market had the Dow finishing down 269 (-0.89%).  SPI Futures following leads from the US down 54 points (-0.76%).  Catch up on the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 54 points Dow down 269 points (0.8%) Nasdaq down 89 poimnts (0.7...

ASX 200 rises 25 points to 7121 (+0.4%) as the bifurcation continues. Banks in the doghouse on fears for growth, housing and NIM. The Big Bank Basket fell to $172.25 (-4.3%), now around 9% off its recent highs. WBC down 6.1%, CBA down 4.4% Other financials doing much better, MQG up 1.0%, QBE up 1.4% and SUN up 1.3%. MFG still fell another 4.3%, PTM up 0.9% on FUM numbers. Healthcare was also bette...

The Dow finished up 264 points (+0.80%) as US stocks climbed for a second consecutive session. SPI Futures are up 45 points (+0.63%) following a hawkish rate hike of 50 bps yesterday at the RBA meeting.  Catch up on all the latest news with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 45 points. Dow up 264 (0.8%) Nasdaq up 114 (0.9%) S&P 500 up 39 points (1.0%) Oil up 0.9%. Gold up 0.5%...

 ASX 200 dropped 111 points to 7096 (1.5%) after the RBA unexpectedly raised rates by 50bps. The market was already shaking on US futures losses as Banks fell hard but the momentum picked up after 2.30pm. The Big Bank Basket fell to $179.92 (2.5%). CBA off 2.6% and NAB down 3.3%. MQG slumped 3.0% with ASX down 3.2% as volumes continue to be low and deals are being pulled. Insurers slipped slightly...

ASX 200 SPI Futures down 5 points. Dow up 16 points (0.05%) Nasdaq up 49 (0.4%) S&P 500 up 13 (0.3%) 10-year yields in US hit 3% again. Oil off 0.2%. Gold down 0.4% Iron ore at 10 month high up 0.6% Base metals better in LME trade after two days of holidays. RBA in focus today. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investo...

 ASX 200 drifts 33 points to 7206 (0.5%) lower in thin lacklustre trade ahead of RBA tomorrow. Banks slipped slightly with the Big Bank Basket down to $184.49 (0.5%). NAB launched a new $1bn hybrid falling 0.5%. MQG fell 0.6% and MFG got whacked 13.9% as FUM continues to slip. PTM joined in down 2.8% with GQG off 0.3%. Insurers flat as healthcare saw a gain in CSL of 0.7% with SHL under fire down...

US markets pulled back a touch on Friday night and SPI Futures were down 32 points at the Saturday morning close. Big week ahead with the RBA and ECB decisions. Catch up on all the latest with Henry's Breakfast Briefing. ASX 200 SPI futures down 32 points. Dow down 349 points (1.1%) Nasdaq down 304 (2.5%) S&P 500 down 68 (1.6%) US jobs number better than expectations. Headline rate unchan...

ASX 200 rallied 63 points to 7239 (+0.9%). Resources were the stand outs today with iron ore stocks leading the charge, BHP up 2.5% and FMG rising 4.1%. Base metal stocks also rose with S32 up 2.0% and lithium stocks charging ahead on a bounce from Wednesday’s carnage. PLS rose 7.5%, INR up 16.5% and AKE up 3.8%. Gold miners were better too as bullion rose in USD with NCM up 1.4% and NST up 1.4%....

ASX 200 SPI Futures up 77 Dow up 435 (1.3%) Nasdaq up 322 points (2.7%) S&P 500 up 76 points (1.8%) Gold up 1.2%  Oil up 1.1% as OPEC agrees to more supply. Iron ore up 5.1% on Chinese reopening.  LME closed for Jubilee celebrations. Housing finance at 11.30am Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

  ASX 200 fell 58 points to 7176 (-0.8%) as negative sentiment flooded all sectors today. Banks slid with the Big Bank Basket down to $185.64 (-1%). CBA off 1.2% and other financials sliding too, MQG down 2.7% and insurers off with QBE falling 1.1%. MFG fell 3.1% and ASX off 1.0% despite announcing a new CEO. Healthcare on the nose too as CSL dropped 1.8%, SHL down 2.4% and RHC off 1.3%. Industria...

US stocks posted their second losing session in a row, the Dow finished down 177 points (-0.54%). Economic data came in hotter across the board indicating the economy is still running hot. SPI Futures are pointing to a 55 point loss today. Catch up on the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 55 points  Dow down 177 points (0.5%0 Nasdaq down 87 (0.7%) S&P500 down 31...

ASX 200 rose 23 points to 7234 (+0.3%) as banks bounced back and lithium stocks got poleaxed by a perfect storm of research and Chinese moves in Africa. PLS fell 22.0%, MIN down 8.1% and LTR down 19.1%. Base metal stocks also fell in sympathy with IGO down 11.7%, LYC off 6.4%. Iron ore miners held up better with BHP up 2.3% and FMG rising 3.2%. Gold miners slid with NCM down 2.7% and NST off 2.6%....

The Dow finished down 223 points in a late fade as Biden and Powell met to discuss inflation. The headline from the meeting was that Biden will not interfere with the Fed’s decisions on inflation.  SPI Futures are down 26 points with first-quarter GDP out today.  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 26 points. Dow down 223 points (0.7%) S&P 500 down 26 (0.6...

The ASX 200 slid 75 points lower to 7211 (-1.0%) as banks wobbled despite bond yields rising. A 20 point sell-off on close not helping. The Big Bank Basket fell to $184.53 (-2%) as the AFR Banking Summit brought out the bears. NAB down 1.9%, CBA off 2.1% and insurers also falling on negative industry comments, SUN down 6.4% and QBE off 2.3%. Financial also suffering as MQG fell 1.1% and MFG down 2...

US markets were closed overnight for the Memorial Day Holiday. The Australian market is set to ease slightly today with the Futures indicating a 12 point loss. Catch up on all the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 12 points. US markets closed. European markets lightly better. German inflation hits 7.9%.  EU agree oil embargo on Russian crude. Oil up 2% Base metals fi...

ASX 200 starts the week off in style with a 104-point gain to 7287 (+1.5%). After a strong open, we kicked again into the close with commodity stocks leading the charge. BHP up 2.8%, FMG up 1.3% as China looks at some reopening as case numbers fall. Gold miners up with NCM up 1.1% and NST up 2.6%. Base metal stocks also firm S32 up 3.6% and lithium stocks pushing ahead as battery tech also joins i...