Market Updates

The ASX 200 fell 31 points to 7454 (0.4%) in quiet trade ahead of US CPI. Everything down across the board, except 10-year yields up to 3.08%. Miners bounced a little in the afternoon as Asia rallied, lithium stocks on the nose again, PLS fell 5.8% on a production report, MIN down 0.2% and BHP unchanged with IGO and S32 down too. Gold miners a little mixed, RED doing well up 2.5% and NCM off 1.1%....

US stocks fall as 10-year Treasury yield tops 2.75%, in the worst single-session since March. SPI Futures are down 22 points (-0.29%) as the ASX looks to back off a little into the Easter break. ASX 200 SPI futures down 22 Dow falls 413 points (1.2%) Nasdaq down 299 (2.2%) S&P 500 down 76 (1.7%) Oil falls 4.2% Gold up 0.1% Iron ore and base metals slip. Why not sign up for a free trial ? Get a...

The ASX 200 finished up 7 point at 7485 (0.1%) after an early spurt was derailed by Chinese CPI numbers combined with 10-year yields heading above 3%. Resources were the swing as BHP turned down losing 0.5% with FMG off 2.9% as iron ore in Asia slipped. Gold miners held up as NCM rose 2.1% and NST up 3.9%. Energy stocks mixed, WPL down 1.0% and STO better by 0.8% with some profit taking in coal st...

US stocks finished the week mixed; tech stocks on the nose whilst the broader S&P 500 wobbled between gains and losses only to close a touch lower. The Fed dialled up the market's expectations for rate hikes and balance sheet tapering, whilst the war in Ukraine raged on and Russia was hit with more sanctions. SPI Futures up 27 points (+0.36%). Catch up on the latest, with Henry's Bre...

 The ASX 200 finished the week up 35 points at 7478 (0.5%). Quiet trade with caution ahead of the weekend. Banks were slightly higher with CBA and ANZ showing gains, the Basket closed at $189.45 (0.2%). MQG bounced with a 0.8% gain, MFG fell back 1.6% and PTM had outflows to FUM and outflows to the share price falling 15.0%. Healthcare mixed, CSL down 0.3%, Industrials firmed, TLS up 1.3% and TCL...

US stocks rebounded overnight while the yield curve steepened on the policy outlook. The Dow rallied hard after a slow start, but finished well off highs, up 87 points (+0.25%). SPI Futures are up 38 points (+0.51%) looking to end the week on a positive. Get up to speed ahead of the weekend with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 38 Dow up 87 points (0.3%) Nasdaq up 8 points (0.1%)...

The ASX 200 finished down 47 to 7443 (0.6%) as the unwind continues after the Fed speak. Tech and resources on the nose today. The Big Bank Basket slipped to $189.16 (0.3%) and MQG off 1.5% with insurers falling too. QBE down 2.0% and IAG off 2.5%. MFG had a great day on an update in FUM numbers, rising 11.4%, GQG too had better FUM numbers and rose 9.7%. Industrials mainly escaping the sell off a...

The hawkish Fed continued to sink tech stocks overnight, as officials weigh reducing the balance sheet by US$95B a month. The Dow slipped 0.42%, while the Nasdaq fell another 2.2%. SPI Futures down 21 points (-0.28%). Catch up on the latest with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 21. Dow falls 145 points (0.4%) Nasdaq down 315 points (2.22%) S&P down 44 (1.0) Base metals flat...

The ASX 200 recovered off lows to close down 38 points at 7490 (0.5%). The switch was back on as money flowed from resources and tech into banks and banks. The Big Bank Basket rose to $189.87 The big four were all bought on 10-year yields heading towards 3%. RBA rapidly becoming even more irrelevant. CBA up 1.3% and ANZ higher by 1.2% with QBE joining in the fun rising 1.4%. MFG slipped 6.0% as it...

Stocks and bonds fell after Fed Brainard’s hawkish comments to shrink the balance sheet rapidly. The Dow slipped 0.8% and the Nasdaq fell 328 points (-2.26%). SPI Futures are down 48 points (-0.46%). Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 48 Dow falls 281 points (0.8%) Nasdaq down 328 (2.3%) S&P down 58 (1.3%) Base metals mixed. Oil falls 0.8% Gold down 0.3%...

Tech lead the gains in the US as Elon Musk bought a 9.2% stake in Twitter. The Nasdaq jumped 271 points (+1.9%). The RBA interest rate decision is today at 2:30 pm and will be eagerly waited on by the market. SPI Futures pointing to another day of gains up 50 points (+0.67%) Check out the latest news on Henry's Breakfast Briefing. ASX 200 SPI Futures up 50 (0.7%) Dow up 104 (0.3%) Nasdaq up 2...

The ASX 200 kicked off the week in style rising 20 points to 7514 (0.3%). Off highs at close. Miners and material stocks led the way higher with BHP up 0.1%, FMG up 3.0% and lithium stocks in strong demand again. SYA up 32.0%, LTR up 9.0% and PLS up 5.5%. Gold stocks too slightly better despite falls in bullion, NCM up 0.9% and DEG up 6.9%. Energy stocks slightly firmer, STO up 0.3% and WPL better...

The Dow finished up 140 points on Friday as technology stocks were under pressure from rising yields as the 2-year and 10-year curve properly inverted. SPI Futures closed up 19 points (+0.25%). Catch up on the latest news with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 19 (0.25%) Dow rallies late up 140 (0.4%) Nasdaq up 41 (0.29%) S&P up 15 (0.34%) Iron ore allies 6% to $159.84  Gold d...

News overnight that Biden ordered the release of up to 1 million barrels of oil a day for 6 months, saw oil prices fall sharply. US stocks fell in an end-of-month/quarter slump, for the first quarterly loss in two years. The Dow finished down 550 points (-1.56%). SPI Futures pointing to a 42 point loss, but we’re still on track for a positive quarter and month. Catch up on the latest news with Hen...

 The ASX 200 fell 15 points to 7500 (0.2%) as early enthusiasm waned and we limped into month and quarter end. Big match out sell off of 30 points. Banks under a little pressure with the Big Bank Basket down to $189.96. Insurers flat, MQG down 1.8% and MFG down 2.2% on an update on staff retention options. Healthcare slipped slightly, CSL off 0.7% and FPH back on the nose down 2.6%. Industrials mi...

The script flipped overnight as US stocks dropped on war concerns. The Dow fell 65 points (-0.19%) while the Nasdaq dropped 1.2%. SPI Futures are up 10 points (+0.13%) as the winning streak looks to slow down. Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 10 Dow falls 65 (0.19%) Nasdaq down 177 (1.2%) S&P500 down 29 (0.6%) Commodities firm. Oil up 3%.  Gold up 1.4% Ir...

The ASX 200 rose for a seventh session with the market now edging further into positive for the calendar year. Risk was back on, helped by targeted spending measures in the Federal Budget aimed at reducing the cost of living and peace talk progress in Europe. Most sectors closed in positive territory. The All-Tech index was up 3.3% with Block (SQ2) up 7.3% and Xero (XRO) up 5.3%. Healthcare stocks...

US stocks firmed again overnight, the Dow finished up 338 points (+0.97%) rallying hard into the close and making it four on the trot as peace talks between Russia and Ukraine lift sentiment. While no cease-fire was secured, Russia has reportedly softened demands as part of negotiations. The Australian Federal Government is set to hand out cash to millions in the pre-election budget release with c...

 The ASX 200 climbed another 52 points to 7464 (0.7%) to be only around 2% from its all-time high. The budget looms and banks shone again with the Big Bank Basket up to $190.63 (0.4%). CBA running 0.2% and WBC up 1.1% as bond yields continue higher, now 2.91% in the 10s. MQG doing well too gaining 1.4% and Insurers slightly higher. Healthcare bounced as the AUD fell below 75c, CSL up 1.4% and RMD...

US stocks rallied for the third straight session, with Dow finishing up 95 points (+0.27%). Oil prices retreated on the back of China’s covid resurgence, as OPEC+ said it has no plans to change its output levels. SPI Futures pointing to another modest day of gains up 38 points (+0.52%) this morning. Catch up on the latest news with Henry’s Breakfast Briefing. ASX SPI 200 Futures up 38. Dow up 97 (...

The ASX 200 quietly firm up 6 points to 7412 (0.1%). Banks and materials firing up again ahead of budget tomorrow night. The Big Bank Basket rose to $189.87 with NAB up 0.8% and MQG doing well up 1.1% as SUN rallied 1.2%. ASX up 0.4% despite delays to CHESS with GQG down 1.5%. Healthcare down as dollar earners under pressure, CSL down 1.1%, COH off 3.2% and FPH continuing lower by 3.5%. REITS slip...

The big news from the weekend was President Biden’s comments that Russian President Putin “cannot remain in power”. The comment was met with mixed responses from European officials, as the White House assured it is not seeking a regime change. SPI Futures are 33 points this morning, looking to start the week off with a win.  Catch up on the latest news with Henry’s Breakfast Briefing. ASX 200 SPI...

The ASX 200 limped 19 points higher to 7406 (0.3%) in quiet trade. Materials were once again the star sector. BHP up 1.0%, FMG up 1.7% and base metals too better, S32 up 0.4% and IGO better by 3.5%. Gold miners also in demand, NCM up 3.5% and RED up 5.5%. Lithium stocks firmed again, PLS up 3.2% and LTR up 2.7%. Oil stocks slightly positive, STO up 0.6% with coal stocks doing well, YAL up 1.7% and...

ASX 200 SPI Futures up 38 points. Dow rose 349 points (1.02%) Nasdaq up 269 points (1.93%) S&P 500 up 64 (1.43%) US 10 year yields 2.3699% Gold up 1.3% Oil eases 2.1% Iron ore flat. Nickel up 15%. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The ASX 200 had a quiet day bucking the downdraft from US markets rising nine points to 7387 (+0.1%). It was a tale of two sectors, banks down, resources up. The banks weakened ever so slightly despite another $2.5bn buyback from NAB , CBA down 0.1%, ANZ off 0.6% and the Big Bank Basket down to $190.75. MQG down a little, off 1.7% and insurers flat. Healthcare slid with CSL flat, RMD copping a dow...