Market Updates

ASX 200 SPI Futures down 25 points. Dow eases back 90 points to 30334 (0.3%) S&P 500 down 29 points (0.8%) Nasdaq falls 66 points to 10615 (0.6%) Snaps falls 25% after hours on results. IBM better on numbers. Fed chiefs once again warn on higher rates.  10 - year yields up to 4.24% Base metals better. Copper up 2.4% Oil unchanged. Gold better by 0.2% Iron ore unchanged. Liz Truss resigns as UK...

 ASX 200 falls 69 points to 6731 (1%). Rallied a little but Asian markets weaker hurting sentiment. Banks help up well with the Big Bank Basket up to $182.41 (0.4%). MQG though continued to be pressured falling 2.9% with insurers flat. Fund managers falling away again, GQG down 3.6%, MFG off another 4.8% and PDL down 3.0%. Healthcare stocks slipped led by CSL down 1.9%, COH off 3.3% and RMD down 2...

Dow Jones finished down 100 points (-0.33%). Up 138 at best, down 297 at worst. Nasdaq down 0.85%, S&P 500 down 0.67%. VIX Volatility Index rose 0.9%. European markets ran out of steam, STOXX 600 down 0.53%, UK down 0.17%, and Germany down 0.19%. SPI Futures are down 47 points (-0.69%). Catch up on the latest news with Marcus Padley’s Pre-Market Podcast. Why not sign up for a free trial ? Get...

And just like that, the ASX 200 recovered yesterday’s losses and then some , rallying from the open and pushing higher into the close, up 115 points (+1.7%), to 6779 . Most sectors managed to climb higher, with energy lagging, the only sector in negative territory. Technology stocks leading the way, with the All-Tech Index rallying 4.2%. The big tech names had a day to remember, SQ2 up 10.7%, XRO...

Dow Jones up 551 points (+1.86%). It was up 363 at worst and up 677 at best. NASDAQ up 3.43%. S&P 500 up 2.52%. VIX Volatility Index down 1.8%. European markets also higher with the STOXX 600 index up 1.83%. UK up 0.9% in Germany up 1.7%. SPI Futures up 61 point s this morning. Two drivers of the overnight rally include some solid earnings numbers and a policy reversal in the UK. Catch up on a...

 ASX fell hard from the open closing down 94 points at 6664 (1.4%). All sectors eased but resources and iron ore especially bore the brunt. BHP down 2.3%, RIO off 2.6% and FMG falling 1.2%, not helped by Xi’s speech over the weekend on CV19 Zero. Gold miners fell hard too despite AUD bullion prices rising yet again as the AUD hovered around 62c. NCM down 1.8% and NST off 4.0%. Base metal miners al...

ASX 200 SPI Futures down 102 points (1.5%) Dow falls 404 points on inflation fears again Closes near lows. Nasdaq down 328 points (3.1%) S&P500 down 83 points (2.3%) USD continues higher. AUD at 62c. 10-year yields at 4.02% Commodities slip with Nickel down 3%. Gold down 1.4$ Brent Crude falls 3.3%. Iron ore 0.6% higher ahead of Chinese news. US reporting season kicks off mixed. Catch up on th...

ASX bounced hard up 116 points to 6759 (1.8%) for a 4-point loss for the week. The hard way. Solid bounce but lacking volumes and still some caution. Banks carried through with the recent strength with the Big Bank Basket up to $178.84 (%). CBA up 0.8%, NAB up 1.6% and MQG rallying 2.4%. Insurers too in demand together with Fund Managers, MFG up 2.5% and QBE up 5.1%. ASX up 3.1% with CGF also doin...

ASX 200 SPI Futures up 110 points. Dow reverses 500 point loss to close up 828 points (2.8%) Nasdaq up 232 points (2.2%) S&P500 up 93 points (2.6%) US Core CPI hits 40-year high. Bond yields off highs.  US Banks soar on CPI. VIX drops 4.8%. USD falls. Oil gains 2.6% Gold down 0.5% Base metals mixed but unspectacular. Iron ore eases back. RIO in the hunt for lithium projects in news. Tune in to...

ASX 200 closes down 5 points to 6643 in thin cautious trade. Late slide into close. US CPI tonight is the focal point. Then results. AGM season continues locally, Banks pushing ahead again following a great run yesterday. The Big Bank Basket up to $177.06 (2.1%). WBC the stand out up nearly 3%. MQG failed to fire falling 0.7% as insurers slipped, QBE down 0.3% and NHF off 12.0% after its cap raise...

Dow Jones gives away a 216 point rise to close down 28 on the day (-0.1%). NASDAQ almost unchanged down 0.09%. S&P 500 down 0.24%. VIX Volatility index down 0.2%. European markets quietly fading, STOXX 600 index down 0.5%, UK down 0.8%, Germany down 0.4%. No one wants to do anything ahead of the US CPI number tonight . Expecting core CPI of +6.5% YonY and +0.5% MonM. Up from 6.4% and 0.3%. So...

ASX 200 closed 3 points to 6648 (0.04%) higher as banks rebounded led by BOQ and its results report. BOQ up 11.1% with CBA up 2.4% after its AGM and reaffirmed guidance. The Big Bank Basket rose to $173.33 (2.5%). WBC up 3.8% and ANZ running hot up 3.3%. Other financials flat with MQG down 0.1% and insurers flatlining too. Healthcare fell with CSL down 1.1% on its AGM comments, COH down 2.0% and R...

ASX 200 SPI Futures down 22 points Dow rallies off lows to close up 36 points (0.1%) S&P 500 down 24 points  (0.7%) Nasdaq falls 116 points (1.2%) as chip makers suffer. Oil drops another 2% Gold steady.  Iron ore down 1.1% BHP and RIO down over 2% in ADRs Base metals ease. Nickel down 1.8% CPI and US Reports in focus. CSL and CBA AGMs today. Get up to speed with Henry Jennings’ Pre-Market Pod...

 ASX 200 closed down 23 to 6645 as early gains evaporated in thin, convictionless trade. US futures turned south, and bond yields rose with the 10-year heading over 4%. AUD under pressure again. Banks turned lower with the Big Bank Basket down to $169.04 (0.6%). CBA and NAB on the nose. MQG fell 0.6% in a late sell off, insurers unchanged. Healthcare stocks also held up just CSL down 0.1% with RHC...

ASX 200 SPI Futures up 12 points Dow down 94 points (0.3%) Nasdaq off 110 points (1.0%) S&P 500 falls 27 points (0.8%) VIX up 3.5% to 32.45 Oil falls 2.3% Gold down 1.6% as USD heads higher.  Base metals slightly weaker. Iron ore up 2.6% Yields up with US 10 years 3.888% AUD under 63c AGM season kicks off here with TLS. Why not sign up for a free trial ? Get access to expert insights and resea...

ASX 200 fell 95 points to 6668 (1.4%). Falls across the board with the only bright spot iron ore, RIO up 0.9% and FMG up 1.9%. Base metals fell slightly as PLS dropped 3.9%, S32 down 1.6% and IGO off 0.6%. A falling AUD helping the resource sector but no such luck for the gold miners with NCM off 4.0% and NST down 4.4%. Energy stocks failed to find buyers today with WDS down 0.7% and STO off 1.0%....

ASX 200 SPI Futures down 61 (0.9%) Dow falls 630 points (2.1%) after better than expected jobs numbers. S&P500 down 105 points (2.8%) Nasdaq down 421 (3.8%) USD better again AUD below 64c. 10-year yields unchanged. VIX up 2.2% Oil rallies 3.7% Gold down 1.5% Base metals ease. US reporting season kicks off later this week. US CPI Thursday. Catch up on all the latest with Henry Jennings on today...

ASX 200 SPI Futures down 50 points (0.7%) Dow Jones fall 346 points (1.2%) S&P 500 down 39 points (1.0%) Nasdaq down 75 points (0.7%) US yields push higher again. USD back up too. AUD down to 64.10. Gold unchanged. Oil continues to push higher up 1.1% RBA Financial stability report today. US jobs Friday. Catch up on the latest news with Henry Jennings’ Pre-Market Podcast. Why not sign up for a...

 ASX 200 flip flopped around in quieter trade, finishing up 2 points at 6818. Banks bad. Resources good today. 10-year yields pushing back up today to 3.79% and taking its toll on the Big Bank Basket falling to $173.48 (0.5%). CBA fell 0.4%, NAB down 0.8% with MQG firm still up 0.7%. REITS fell as rates pushed back up GMG down 2.5% and SCG off 0.8%. Healthcare suffering from a hangover as CSL fell...

ASX 200 SPI Futures down 27 points Dow fall 42 points (0.14%) after 2% loss erased on derivatives trade. S&P 500 dowwn 8 points (0.2%) Nasdaq down 28 points (0.25%) US 10 year yields 3.753% pushing back up as was USD Index up 1% Gold falls US$31.80 (1.8%) on USD move. Oil rises 2% on OPEC Plus 2m barrel a day cut. Iron ore unchanged. Metals slightly positive nickel up 2.3% US data still pointi...

 ASX 200 gained another 116 points to 6814 (1.7%). Big runs in the banks continue with the Big Bank Basket up to $174.45 (2.6%). MQG rallying another 2.4% with fund managers GQG up 3.2% and MFG up 1.7%. Insurers rallied as QBE up 1.4%. Nothing else really moving. Healthcare up as CSL up 1.1%, RMD up 3.4% and SHL doing well up 1.6%. Industrials firmed with WES rising 2.3%, TCL up 0.9% and ‘old skoo...

ASX 200 SPI Futures up 107 points. Dow kicks again another 825 points (2.8%) Closing on highs. S&P500 up 111 points (3.0%) Nasdaq up 361 (3.3%) Musk bids for Twitter. For real this time. 10 year US yields fall 2bps. Oil rallies 3.2% Gold up 3.1% Metals significantly higher. Iron ore flat as China closed. TYR in sights of Big Four Bank. Get up to speed with Henry Jennings’ Pre-Market Podcast Wh...

ASX 200 up a massive 242 points to 6699.3 (3.8%) on rallying US markets and a surprise 25bps rise from the RBA . The market kicked higher after the less than expected rise, AUD fell and 10-year yields tumbled to 3.70% Green across the screen with few exceptions. Financials fired higher with the Big Bank Basket up to $169.99 (4.4%). MQG rallied 4.5%, insurers rose with QBE up 4.3% and fund managers...

ASX 200 SPI Futures up 102 Dow Jones up 765 (2.6%) Nasdaq up 240 (2.3%) Tesla falls 8.6% S&P 500 up 91 points (2.6%) Oil up 3.8% Gold up 2.3% Commodities mixed nickel bounces 0.8% Iron ore unchanged. China closed for Golden Week. AUD rallies back above 65c. US 10 year yields drop to 3.64% UK government U turn. RBA meeting beckons at 2.30pm Tune in to Henry Jennings’ Pre-Market Podcast to get i...

ASX 200 finished down 17 points to 6457 (0.3%) in a topsy turvy day of thin volatile trading. NSW holidays kept most players sidelined as the market waited for RBA decision tomorrow (50bps expected). Banks eased along with industrials, the Big Bank Basket closed down at $162.71 (0.1%). MQG dropped hard again with insurers also suffering as QBE fell 2.0%. Fund managers continued to sell off, MFG do...