Market Updates

ASX SPI Futures down 26 points to 6813. The Dow climbed 194.17 points, or 0.6%, to end at 32,033.28 for its fifth day of wins driven by results from Caterpillar. The S&P 500 closed down 0.6%, ending the session at 3,807.30. The Nasdaq Composite lost 1.6%, closing at 10,792.68, as a rout in Meta and other tech stocks weighed on the index. After hours Amazon has fallen close to 20% on very disap...

 ASX 200 pushed another 34 points higher to 6845 (0.5%) despite bank weakness after ANZ results. Six-week high. MQG tomorrow. The Big Bank Basket fell to $183.08 (0.1%). CBA managed a gain of 0.4% as its out of cycle. ANZ down 3.3% on results and outlook. MQG up 0.3% with insurers also doing well, IAG up 1.0% and QBE rallying 1.1%. MPL steadied after the rout yesterday. Fund managers mixed, MFG do...

ASX 200 SPI Futures up 26. Resources to shine. ANZ in focus. MQG Results. US equities were mixed in Wednesday trading. S&P and Nasdaq both finished lower after rallying for a third straight session on Tuesday and finishing at best levels in over a month. The Nasdaq dropped 228.12 points, or 2.04%, to close at 10,970.99. The Dow Jones Industrial Average gained 2.37 points, roughly flat for the...

ASX 200 closed up 12 points to 6811 (0.2%) as caution crept in following worse than expected CPI numbers.7.3% is a big number and has sent economists to the models ahead of the RBA next week. Solid opening saw sellers take a few profits. Maybe time to consolidate. Bank results start tomorrow. Sector remain strong with the Big Bank Basket up to $183.92(0.3%). CBA up 0.2% and ANZ up 0.5% ahead of it...

ASX 200 SPI Futures up 56 points (0.8%) Dow Jones up 337 points (1.1%) near highs for the day. Three days of gains. Nasdaq up 247 points (2.3%) S&P 500 up 62 (1.6%) Google and Microsoft disappoint. Results in focus. Buy backs kicking off again. Oil rises 0.3% Bitcoin up 4% Gold unchanged. Copper down 0.8% Nasdaq Golden Dragon Index rallies 4.6% Australian CPI today. Budget analysis. Catch up o...

 ASX 200 closed up 19 points to 6799 (0.3%) ahead of tonight’s budget and US results drop. Banks good, resources bad today. The Big Bank Basket closed at $183.33 (%) with CBA and NAB the best of the bunch. MQG piled on some points rising 2.2% ahead of the interim number on Thursday. Insurers better too, QBE up 1.1% and SUN rising 1.9%. Industrials generally led the way with CSL up 1.1%, FPH up 1.5...

ASX 200 SPI Futures up 28 points (0.4%) Dow Jones up 417 (1.3%) S&P 500 up 45 (1.2%) Nasdaq up 93 points (0.9%) US 10 year yields 4.24% Gold unchanged. Oil unchanged. Base metals mixed. Iron ore eases. UK has a new PM. US results beckon. Tune in to Henry Jennings’ Pre-Market Podcast to get in the know for the day ahead. Why not sign up for a free trial ? Get access to expert insights and resea...

ASX 200 closes up 103 points to 6779 (+1.5%). Big jump straight out of the blocks but off highs as Chinese GDP and politics sends HK down 5% and US futures give up Sunday night gains. Volume remains on the modest side, Banks shining ahead of the results later this week and to come, the Big Bank Basket now at $181.57 (+0.9%). CBA doing well up 1.2% and MQG finding some support up 2.4%. Insurers gai...

ASX 200 SPI Futures up 95 points. Dow Jones soars 749 points (2.47%) WSJ helps sentiment on rate rises. S&P500 up 87 points (2.4%) Nasdaq up 245 points (2.3%) VIX falls 1% USD under pressure. AUD hits 64c. Banks and resources in focus. Oil up 1.1% Gold rallies 1.1% on lower USD. Base metals mixed.  US 10-year yield falls to 4.22% Johnson pulls out of UK OM race. Get up to speed with Henry Jenn...

ASX 200 dropped from the open closing down 54 points at 6677 finishing the week down 1.2%. Quiet trading, volumes boosted by options expiry. 10-year bond yields ramped higher again at 4.22%. Banks on the nose today with the Big Bank Basket down to $179.96 (1.5%). Insurers also falling foul to sellers, QBE down 2.8%, SUN off 2.2% and MFG sinking into oblivion, down another 2.8%. Industrials falling...

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...