Market Updates

ASX SPI Futures down 54 points to 7295 Dow falls 449 points (1.3%)  Nasdaq down 186 Points (1.3%) Oil rallies 5% plus. Gold up 0.8% Iron ore up 0.3%. Nickel up 14%. AUD at highest in four months around 75c. Yields pull back from highs. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The ASX 200 moved up another 37 points to 7378(0.5%) today as banks burst higher as yields continue to move up. 10-year yields hit 2.82% at one stage and the Big Bank Basket rose to $190.85(1.1%) with CBA up 1.3% and NAB up 1.6% as brokers focus on buy back potential in May results. MQG kicked 1.3% higher but ASX lost 1.6% as CHESS issues abound. Insurers flat. Healthcare better with CSL up 0.8% a...

Strong night for US stocks as the Dow finished up 254 points (+0.74%) and never traded in negative territory. A big session for US tech stocks which are back in fashion, with most of the big names gaining more than 2%. Tesla added 7% as its market cap topped US$1 trillion. SPI Futures are up 31 points (+0.42%) following leads from the US. Catch up on the latest with Henry’s Breakfast Briefing. ASX...

The ASX 200 jumped another 63 points to 7356 (+1.0%) as commodity and energy stocks led the charge. Well off highs of nearly 100 points up. Miners leading the way, BHP up 5.1% accounting for 35 points alone. RIO up 3% and FMG up 1.2% joined in with lithium and base metal stocks in demand. PLS up 4.5% and MIN up 4.9%. S32 put in another good day up 3.1% with gold miners also in demand despite no bu...

The Dow fell 202 points (-0.58%) overnight, with Powell saying the Fed will raise rates more aggressively if needed. SPI Futures are up 80 points (+1.1%) perhaps optimistic on the back of US markets and Powell’s comments. Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 80 Dow falls 202 (0.6%) as Boeing falls on Chinese plane tragedy. Nasdaq down 55 (0.4%) S&P 500 unchan...

The ASX 200 closed down 16 points at 7279 (-0.22%) as early exuberance evaporated. We turned negative having been up near 60 points. Banks were the swing factor as the Big Bank Basket fell to $187.73 (-0.53%). NAB eased back 1.0%, SUN down 2.2% and MFG fell 4.3% after Hamish resigned from the board. MQG was a pinprick of green, up 0.1%. Healthcare also weaker with CSL off 1.5% as the AUD rose. Ind...

SPI Futures are pointing to a 59-point gain, following the ASX 200's best week in more than a year last week, with a 3.3% gain. The Russia/Ukraine war continues to headline news, and Hong Kong plans to review its COVID restrictions as cases ease. Catch up on the latest news with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 59 points. Dow up 274 points (0.8%) nasdaq up 279 points (2.05%)...

The ASX 200 put on another 44 points to 7294 (+0.6%). Big jump on the 4.10 pm match out with banks turning positive as potential ASX Index rebalancing gave us a nudge, 3.2% for the week. Today was all about a resource bounce with BHP up 1.3%, RIO up 1.6% and FMG up 2.2%. Base metals up S32 better by 1.5%, Lithium and rare earths kicking higher too with LYC up 3.7% and LTR up 7.8%. Gold miners miss...

US stocks post the best three day run since November 2020. The Dow finished near highs up 418 points (+1.23%). Oil is back above US$100 following three consecutive days of losses. SPI Futures are up 37 points (+0.51%). Get up to speed with Henry's Breakfast Briefing. ASX 200 SPI up 37 Dow up 418 (1.2%)  Nasdaq up up 178 (1.3%) Gold pushes higher. Oil up 8.8% Iron ore up 1%. BoE raises rates b...

The ASX 200 continues the rally up 76 points to 7215 (+1.0%) as tech stocks lead the charge higher. Bombed out and oversold tech stocks rallied hard after HK Tech and US Nasdaq gains. KGN up 12.0%, BET up 10.1% and PBH up 10.3% doing well as buyers return. BNPL stocks in focus as SQ2 bounces hard up 10.2%. The All-Tech Index rose 3.3%. WTC and XRO showing good gains. Banks were also strong with th...

ASX 200 SPI Futures up 106 Dow up 519 (1.5%) Fed raises rates 25bps. Nasdaq up 488 (3.8%). Oil sells off 1.9%. Gold down 0.8%. Base metals flat. Nickel reopens limit down. AUD hits 73c. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

ASX 200 SPI Futures up 41 points. Dow up 599 (1.8%). Nasdaq up 367 (2.9%). Base metals flat. Iron ore down 5.5% Oil falls 6.5%.China growth woes on CV19. FOMC meeting on Day Two. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The ASX 200 dropped 52 points to 7097 (0.7%) as bifurcation of banks and miners the focus. Commodity stocks under pressure across the board as China growth fears stalk the market. Iron ore stocks weaker as Dalian futures fall again, BHP down 4.2% and FMG off 4.9%. RIO off 3.9% following its bid for Turquoise Hill. Lithium and base metal stocks in the doghouse, PLS down 7.6%, IGO down 6.3% and S32...

The Dow finished up one point in a volatile session that at best was up 451 and at worst down 126. Ukraine president Zelensky has expressed hope for a ceasefire after talks between Ukrainian and Russian officials failed to reach a conclusion. The ASX 200 is set for a soft open, with SPI Futures down 61 points (-0.85%). Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 61 Do...

The ASX 200 jumped out of the blocks consolidating the gains and finishing up 86 points to 7149(1.2%). US futures optimism helping ahead of FOMC this week. Financials and industrials were the backbone, the Big Bank Basket rose to $182.19 (2.4%), MQG up 2.6% and insurers better with SUN up 3.2%. Higher bond yields driving financials.  MFG slipped again on FUM running out the door, down 1.4%. Health...

The Russia/Ukraine conflict could be nearing a conclusion with both sides saying that progress has been made. The Dow was down 230 points on Friday night, with the focus of markets shifting towards the FOMC meeting this week. SPI Futures are up 20 points (+0.28%) this morning. Catch up on the latest news with Henry’s Breakfast Briefing. ASX 200 Futures up 20 points. Dow down 230 (0.7%). Nasdaq dow...

The ASX 200 dropped 67 points to 7064 (0.9%) after a worse expected start was ambushed by Asian weakness. Moves by US SEC to withdrawal listing for some Chinese techs saw HK and China fall heavily dragging ASX 200 with it. Banks eased back as bond yields charged ahead again with the Big Bank Basket steady at $177.84. MQG fell 1.8%, ASX down 1.7% and MFG down 6.8%.  Healthcare eased with CSL down 2...

A soaring US inflation, surprisingly hawkish decision from the ECB, and a lack of progress from peace talks between Russia and Ukraine weighed on markets overnight. The Dow finished down 112 points (-0.34%), with SPI Futures following leads from the US, down 38 points (-0.53%). Catch up on the latest news with Henry's Breakfast Briefing. ASX 200 SPI Futures down 38 Dow falls 112  (0.34%) Nasd...

Stocks bounced overnight with the Dow up more than 600 points and the Nasdaq jumping 3.6%. Meanwhile, oil tumbled 12%, begging the question... 'is this the turning point in markets?' Catch up on all the action with Chris' Breakfast Briefing. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

US markets dived into the close and there are still some crazy things going on in commodity markets... catch up on all the action with Chris' Breakfast Briefing.   Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

Commodity prices up again - oil, gold, iron ore, coal, nickel up 90%! Everything else....? Down. Catch up on all the action with Chris' Breakfast Briefing.   Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

SPI Futures closed up 28 points on Saturday morning but there were plenty of developments over the weekend that will influence our market this morning. Get up to speed with Chris' Breakfast Briefing. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The Dow finished down 97 points (-0.29%) in a directionless session. It was the same narrative overnight, with the Russia-Ukraine conflict headlining. Ukraine said they did not get the result they had hoped for in the second round of peace talks but have agreed to hold another round of talks with Russia. SPI Futures are down 58 points (-0.81%) as oil finished lower after touching highs during trad...

The ASX 200 rose 35 points (+0.5%) as commodities rose strongly across the board, oil, iron ore and coal showing serious strength. Well off early highs as we prepare for another bumpy night. Miners were sought out and bought up, BHP up 3.6%, FMG up 4.2% and STO rising 1.7%. WHC up 10.6%, not sure how rain is affecting production at Maules Creek but prices have doubled at Newcastle in a few days. Y...

The Russia-Ukraine conflict dominated overnight headlines again with Russia announcing they are ready to hold a second round of talks with Ukraine on Wednesday. On the US front, comments from Powell on plans to dial back the Fed’s interest rate stance settled markets, the Dow Jones rallying through the session, finishing just off highs up 596 points (+1.79%). SPI Futures are up 69 points (+0.97%)...