Market Updates

The ASX 200 finishes down 18 points to 7434 as a promising start came unstuck. Banks again in focus as NAB reported and although a beat on a number of metrics, NIM and costs were of concern. The Big Bank Basket fell to $188.13 (1.2%) with NAB down 0.8%. Other financials followed suit with MQG slipping 0.5% and QBE off 2.3%. Elsewhere, industrials were sloppy with WOW down 0.7%, WES off 0.3% and TL...

US markets hit fresh records again overnight and commodities all rallied. Catch up on all the action with Henry's Breakfast Briefing.  ASX SPI up 9 points.  US markets grind out more highs on infrastructure spending. Commodities higher. Gold up 0.6% Oil better by 0.8% NAB results beat expectations. 67c dividend. Why not sign up for a free trial ? Get access to expert insights and independent...

The ASX 200 falls 5 points to 7452 (-0.1%) with ANZ and MQG ex dividend. Banks firm with three out of four not bad, Meatloaf would be happy. The Big Bank Basket rose to $190.43. Insurers better but other financials drift lower. Industrials were mixed, bond sensitive stocks pushed ahead with TCL up 0.7% and SCG rising 2.9%. TLS fell 0.3% and REA down 3.0% with healthcare in ICU as CSL fell 0.8% and...

US markets all hit fresh records on Friday night whilst over the weekend the US House of Reps passed a $1.2T infrastructure package which should provide a sentiment boost. Get up to speed with Henry’s Breakfast Briefing.  ASX 200 SPI up 22 Points. US Records continue to fall.  Jobs data better than expected.  Oil and gold up. Iron ore down 6% plus on Friday. SYD news scheme today. Siteminder (SDR)...

 The ASX 200 rises 29 points to 7457 in a solid across the board rally to end the week. US Jobs numbers beckon. 10-yields yield heading back down, now 1.77%. The rally was once again led by the banks with the Big Bank Basket up to $189.99 (0.4%) despite WBC going ex-dividend today too, down 2.8%. Other financials joined CBA in the winners’ circle with MQG up 0.2% and ASX up 2.4%.  Industrials firm...

S&P up for a sixth session in a row and NASDAQ at another fresh record. SPI Futures up 20 points. Get up to speed with Henry's Breakfast Briefing.  ASX SPI Futures up 20 points. US markets better with more records. BoE keeps rates on hold. LNK sees offer from Carlyle. Oil slips on OPEC Plus. Gold up 1.7% Square falls 5% after results. Why not sign up for a free trial ? Get access to exper...

The ASX 200 rose 35 points to 7428 (0.48%) as it digested the Fed taper lite with banks leading the market higher. The Big Bank Basket rose to $189.12 1%. WBC still down and out with MQG showing how it’s done rising 1.3%. Insurers rose slightly too with QBE up 1.3% and IAG up 2.5%.  Industrials firm TLS up 0.8%, REA up 2.2% and WES up 0.7%. Miners were mixed, BHP up 0.3% but FMG down 1.4% and RIO...

The Fed played it straight overnight, announcing tapering but not doing anything to upset the apple cart. US markets rallied from weakness prior to the announcement to close higher for a fourth consecutive session. Get up to speed with Henry's morning update.  ASX 200 SPI Futures up 37 US markets records across the board. Fed starts taper but still dovish. Iron ore up 3.3% Coal heads higher i...

The ASX 200 rallies 68 points to 7393 although well off its highs as some caution creeps in ahead of the FOMC meeting. Banks bounced back with WBC rising 0.1% after a 10% fall, CBA up 1.2% and MQG rising 1.9%. The Big Bank Basket rose to $187.20 or 1.5%. 10-year yields fell back post RBA attack to 1.82%, insurers were generally higher with QBE up 1.3%. Miners were good too led by BHP up 1.1% and F...

US markets hit fresh records overnight and the SPI is pointing to a 71-point pop on the open. Get up to speed with Henry's morning update.  ASX SPI up 71 points. US markets hit records again on solid earnings reports. Iron ore sinks 6.6%. Oil unchanged. Gold down 0.4% and AUD up to 75.43c Why not sign up for a free trial ? Get access to expert insights and independent research and become a be...

The ASX 200 tried to rally off lows following RBA abandoning yield curve controls, but failed with the ASX 200 down 47 points to 7324 (0.6%). Banks were the soft point today after the very disappointing WBC results yesterday and broker downgrades. The stock fell another 2.7% bringing the two-day loss to 10%. The Big Bank Basket dropped to $184.93 down 1%. Other financials also under pressure as vo...

ASX 200 SPI Futures up 13. RBA meeting 2.30pm the focus. US markets hit records. Commodities mixed. Iron ore falls 3.2%. Oil up 1.1% Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

 The ASX 200 closes up strongly by 47 points to 7371 (0.6%) after some stumbles due to WBC results. Banks were underwhelming as WBC disappointed on most numbers and buy back below forecast, the stock fell 7.6% to a six-month low as CBA stood loud and proud as the best. CBA rose 1.5% with the Big Bank Basket down to $186.67. 0.3  %. The bond market yields came off dramatically ahead of the RBA back...

ASX SPI Futures up 68 Points US markets finish week up 1.3%. Iron ore and coal fall. Oil mixed. Base metals mixed. WBC results and $3.5bn off market buy back. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The ASX 200 took a tumble today as the bond market crumbled after the RBA went missing again and let rates soar.  The ASX 200 fell 107 points to 7324 (1.4%) finishing the week down 2.1%. Short-dated yields hit 0.68% and 10-year yields went through 2% closing at 2.04%. Big moves and potential a big change. Tuesday will be interesting around the RBA board room table before the Bet with Mates session...

US markets stronger with the Dow up 240 and the S&P and NASDAQ both hitting record highs. It's not all good news however, with Apple and Amazon missing numbers and down sharply after the bell. SPI Futures up 18 points (+0.24%).  ASX SPI Futures up 18. US markets higher ahead of Amazon and Apple. FB changes its name to Meta. Iron ore under pressure down 6% Other commodities rebound slightl...

The ASX 200 just flopped today on lower commodity prices falling 18 points to 7430. To be fair it could have been worse given moves in China on coal and iron ore. Seems most of the damage has been done already, BHP fell 1.7%, FMG up 0.1% on its production report, S32 fell 4.0% on a fall in base metals and ORE dropped 5.9% on its quarterly. Energy stocks predictably eased as crude came off the boil...

US markets pulled back overnight amid a slowdown in earnings momentum. SPI Futures down 40 points and commodities hammered – particularly base metals. Could be a tough day at the office but don’t panic, Henry has you covered with his Breakfast Briefing.   ASX200 SPI falls 40 points US markets suffer late sell off - Dow off 266 Visa 100 points of that. Commodities hit hard. BHP down 2% Oil falls 2....

The ASX 200 flip flopped again closing up 5.3 at 7449 (0.07%) after CPI numbers sent 10-year yields higher still to 1.82%. Huge day in short dated bond yields as rate rise fears grow. Banks were winners on the back of this ahead of results season. The Big Bank Basket rose to $189.74 (1%). MQG up 0.6% with CBA the standout up 1.0%. Insurers also did well with other defensives in demand, healthcare...

Dow up 16 points (+0.04%) to another fresh record, despite a late-session fade. SPI Futures up four points (+0.05%). Big night for earnings in the US with Alphabet, Microsoft, Twitter, Visa, all dropping numbers. Catch up on all the action with Henry’s morning update.  ASX SPI Futures up 4 US markets slightly positive- results focus. Big tech results after hours. Commodities ease. Oil firms and ir...

The ASX 200 flops back to a 2-point gain after a strong early session, the index closing at 7443 . No real reason for the sluggish performance. Eyes were fixed on AGM s, business updates and news from CWN which was found guilty but now needs to prove its innocence. CWN rallied 8.7% on the news from the latest RC on being able to keep its licence for now. Seems governments need the revenue post CV1...

US markets hit record highs whilst Tesla surges. SPI Futures up 14 points (+0.19%) after the ASX 200 added 26 points yesterday. Get up to speed with Henry's Breakfast Briefing.  ASX SPI Futures up 14 US markets hit records as Tesla hits US$1 trillion valuation on Hertz deal. Commodities push ahead. BHP RIO up 1.3% in US. CWN D-Day in Victoria. Why not sign up for a free trial ? Get access to...

The ASX 200 rises 26 points to 7441 (0.3%) After slight wobble mid-morning. Mixed session with an upside bias as commodity stocks pushed higher and banks rallied slightly. The Big Bank Basket up to $188.34 (0.35%) with MQG up 0.7% over the $200 level. Insurers pushed higher, QBE up 0.9%.  Industrials firmed with consumer stocks in focus, WOW up 1.5% WES up 0.8% and TWE up 1.7%.  Technology mixed a...

Catch up on all the action from the weekend with Henry's morning update. The ASX 200 is expected to extend last week's 0.73% rise. US markets mixed on disappointing Q3 earnings. Fed's Powell says, time to taper bond purchases but not to raise rates. ASX 200 SPI up 30 points. US markets mixed Dow up 0.2% Nasdaq down 0.8% Gold up Oil Up Iron Ore up. Square falls 4.5% Why not sign up f...

 The ASX 200 continued to flip flop closing unchanged at 7416 up 48 points for the week. Banks and miners sagged as the Big Bank Basket drifting to $187.69. Other financial managed to sway with MQG up 0.6% and MFG losing some steam but still the talk is bottoming? Insurers remained unchanged despite 10-yeild yields continuing to rise up to 1.81%. Resources stocks were torn and frayed, BHP down 2.2...