Market Updates

 A bit of a nothing day of trade in the US, the Dow finished up 27 points (+0.1%), after being up as much as 342 at one point. Oil prices are climbing back up towards US$100 a barrel as the IEA lifted its demand forecasts. SPI Futures are down 20 points (-0.3%).  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 20 points Dow gains 27 points (0.1%) well off highs. S&P 5...

 ASX 200 rallies 78 points to 7057 (1.1%) on positive US leads and CPI number. Risk on, as the shorts are being punished across the board still. Resources leading the charge higher, BHP up 2.2% with FMG up 1.3% and RIO down 3.9% but ex div. Base metals and lithium back in demand. PLS up 4.4%, S32 up 4.1% and OZL rising 1.0%. Gold miners missing out a little as the stronger AUD hinders. NCM down 0....

US CPI came in slower than expected at 8.5% YoY, with markets rallying on the release. The Dow closed up 535 points (+1.6%) and the Nasdaq gained 2.9%. SPI Futures are up 70 points (+1%) following the rally in the US. Get up to speed on all you need to know with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 70 points (1.0%) Dow surges 535 points (1.6%) on CPI beat. of 8.5% Nasdaq up 361 point...

 ASX 200 slips 37 points to 6993 (0.5%) ahead of the crucial US CPI tonight. Banks held firm with the Big Bank Basket up to $176.88 (0.7%) as CBA delivered and slid slightly lower by 0.3%. NAB rebounded 1.4% on broker comments and ANZ better by 3.4%. MQG backtracked 1.1% with insurers flat. Other financials relatively unchanged. Healthcare slid as CSL fell 1.6%, SHL off 2.9% and COH down 2.9%. REI...

Another day of narrow trade in the US ahead of the CPI number tonight. The Dow finished down 58 points (-0.18%), while the Nasdaq was the worst performer again falling 1.2%.  SPI Futures a down 39 points (-0.56%). Catch up on the latest news with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 39 points (0.6%) Dow fdalls 58 points (0.2%) Nasdaq down 151 (1.2%) S&P500 down 18 (0.4%) Base m...

 ASX 200 slightly better in a closing rally with the index up 9 points to 7030 (0.1%). Results focus. Another small range day today with Banks weighing following NAB results down 2.9% with the Big Bank Basket down to $ 175.59(1.5%). CBA results tomorrow with SUN bouncing 2.5% post its numbers and broker updates. Insurers doing well, QBE rising 1.4% and IAG up 1.8%. MQG in demand following Veolia d...

A narrow day of trade for the Dow, finishing up 29 points (+0.2%), off highs of 306 points. Trade remains cautious ahead of the CPI print on Wednesday night. SPI Futures are down eight points (-0.1%).  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI down 8 points Dow up 29 points (0.1%) Results focus. S&P 500 down 5 points (0.1%) Nasdaq down 13 (0.1%) Base metals mixed. Copper up...

ASX 200 SPI Futures down 7 points. Dow closes up 77 points (0.2%) S&P500  down 7 (0.2%) Nasdaq down 63 points (0.5%) Iron ore up 1.8% Gold down 0.9% USD stronger. Yields rise on 528k jobs number. Chinese data over weekend positive. Base metals better. Oil up 0.9% Why not sign up for a free trial ? Get access to expert insights and research and become a better investor.

ASX 200 finished the week in style hitting a high or 7016 up 41 points (0.6%). Global markets hitting two-month highs. Resources were back in fashion, BHP leading the charge, up 1.7% and RIO up 2.6% with FMG rallying 2.7%. Base metals in demand too, OZL up 3.1%, IGO up 4.1% and S32 rallying 2.4%. Gold miners shining, NCM up 0.7%, DEG up 3.2% and EVN up 3.4%. Lithium stocks too continued the rally,...

Energy stocks weighed on the market overnight with oil falling Brent falling 2.75%, and WTI falling below US$90, the Dow finished down 85 points (-0.26%). Technology stocks continued their rise, the Nasdaq gained 0.41%. SPI Futures are up six points, indicating a slow day of trade ahead.  Get on top of all the news for today with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 6 points Dow fell...

 ASX 200 closed down 1 point at 6975 well off intra day highs as enthusiasm wanes and iron ore stocks sagged. BHP down 1.1%, FMG down 2.0% and RIO off 1.6%. Base metals were slightly weaker but hardly registering on the same level, lithium stocks a little mixed, PLS down 1.1% LTR up 3.7% and AKE up 1.4%. Gold miners eased back slightly with NCM off 1.0%, DEG down 2.6% and NST falling 0.1%. Oil and...

US stocks reversed losses from earlier in the week overnight, the Dow added 416 points (+1.3%), while the Nasdaq continued its charge, finishing up 2.6%. SPI Futures are indicating a 32-point (+0.47%) gain. ASX 200 SPI Futures up 32 points Dow soars 416 points (1.3%) on better corporate results. Nasdaq up 319 points (2.6%) S&P500 up 64 points (1.6%) Oil drops 3.7% ahead of OPEC Plus Iron ore d...

 ASX 200 closed down 22 points at 6976 (0.3%) off the lows as Pelosi visit fears calm slightly. Banks slipped lower with the Big Bank Basket down to $175.71 (1%). MQG down 1.4% and ASX slipping 3.4% on yet more delays to CHESS replacement. Insurers slightly higher, QBE up 1.1%. Healthcare fell away with CSL leading the sector flat after early losses, SHL off 1.5% and COH off 0.6%. Industrials ease...

US markets fell again overnight, the Dow fell 402 points (-1.2%), following US-China political tensions and hawkish comments from the Fed’s Daly. SPI Futures indicating a soft day of trade ahead, down 11 points (-0.2%). ASX 200 SPI Futures down 11 points. Dow falls 402 points (1.2%) Caterpillar weighs. S&P 500 down 27 points (0.7%) Nasdaq down 20 points (0.2%) Paypal soars after hours. Airbnb...

ASX 200 SPI Futures up 70 points. Dow runs another 332 points (1.0%) Nasdaq up 130 points (1.1%) S&P 500 up 49 (1.2%) Apple and Amazon please after hours. Nasdaq futures up 140 after trade. Base metals better. Gold runs 1.8% Oil up 0.5%. Iron ore better. Why not sign up for a free trial ? Get access to expert insights and research. Become an informed investor today; thousands of member cannot...

 ASX 200 rose 67 points to 6890 (1%) as buyers flooded back post Fed. Almost like a short squeeze of epic proportions in second line tech. Banks boosted despite falling yields, the Big Bank Basket up to $174.35 (0.7%) with ANZR down 1.8%. CBA the super star up 1%. MQG delivered again up 3.0% for its 53rd yearly consecutive profit. Insurers mixed, QBE up 1.1%, SUN down 0.8% and MFG up 2.4%. Healthc...

ASX 200 SPI Futures up 52 Dow runs 436 points higher (1.4%) as Fed raises rates 75bps. Nasdaq up 470 points (4.1%)  S&P 500 up 103 points (2.6%) Base metals firm. Gold and iron ore steady. Oil up 2.1% RIO in focus post results. Div a little light on. MQG update out. Why not sign up for a free trial ? Get access to expert insights and research. Become an informed investor today; thousands of me...

ASX 200 pushes another 16 points ahead to 6823 as CPI comes in below expectations. Core inflation at highest since 1991 at 4.9%. Good news.  Banks led the market higher as the Big Bank Basket rallied to $173.17 (1.7%) with ANZ up 0.4% and ANZR up 2.9%. Insurers slightly higher with IAG better by 1.1%, MQG dropped 1.1% though. Healthcare better with CSL up 1.8% and RMD up 0.7%. Industrials mixed as...

ASX 200 SPI Futures down 36 points  Dow down 229 points (0.7%) S&P 500 down 46 points 1.2% Nasdaq down 220 points 1.9% Base metals up slightly. Iron ore up 1.3% Oil down 1.8% Gold unchanged. Why not sign up for a free trial ? Get access to expert insights and research. Become an informed investor today; thousands of member cannot be wrong. Use Promo Code: PODMT - Subscribe Today!

 ASX 200 pushed 17 points ahead to 6807 (0.3%) despite US futures weakness on Walmart news. Fed watching continues. US results in focus tonight. Resources carried the day with iron ore producers doing well, BHP up 2.5%, RIO up 1.9% and FMG rallying 2.5%. Base metals were also better as OZL ran 1.1% and lithium stocks firmed. Oil and gas doing ok as crude prices rose and Russia cut back gas supplie...

ASX 200 finished slightly weaker down 3 at 6792 (0%) as the index drifted around ahead of weekend. Dow futures weighing slightly on Snap drop. Banks were firm dominated by trade in ANZ rights up 25.4%. The Big Bank Basket rose to $171.34(0.8%). MQG slipped slightly as brokers warning of a weaker result to come, QBE slumped 2.1% as IAG underwhelmed with numbers falling 1.4%. MFG continued to find f...

Another good night in the US as the Dow finished up 162 points (+0.51%) rallying off lows and closing near highs, rounding out the best three-session rally since May. SPI Futures indicating a slow day ahead, up 12 points (+0.18%) this morning. Get up to speed on the latest with Henry’s Breakfast Briefing. ASX SPI 200 Futures up 12 points Dow up 162 v (0.5%0 Nasdaq up 162 v (1.4%) S&P 500 up 39...

 ASX 200 surged 35-points to 6794 (0.5%) in late trade. Banks were the strength and industrials, as the Big Bank Basket rose to $170.05 (1.1%) after ANZ joined the fray, up 2.2%. Seems $3.5bn was an easy raise for a good acquisition. CBA up 1.7%, elsewhere financials flat, MQG up 0.4% and SUN dropping 2.1%. MFG kicked again rising 2.8%. Healthcare out of ICU with CSL rising 1.4%, RMD up 2.5% and S...

Upbeat US corporate earnings provided a boost for stocks overnight, the Dow finished up 48 points (+0.15%) while the Nasdaq outperformed finishing up 1.58%. SPI Futures are down 33 points this morning (-0.49%).  Get up to speed with Henry’s Breakfast Briefing. ASX 200 SPI Futures down 33 points Dow up 48 points(0.25%) Nasdaq up 185 points (1.6%) S&P 500 up 23 v (0.6%) Tesla up 0.7% after resul...

 ASX 200 sprinted 110 points higher to 6759 (1.7%) on US rally and company updates. All cylinders firing as banks, resources and industrials were bought up. Another bear rally or the real thing? The Big Bank Basket rose to $168.20 (1.0) with ANZ still in a halt. Fund managers also in demand, MQG up 3.9%, HUB rose 0.5% and Insurers also in demand, QBE up 1.0% with SUN rallying 1.1%. Even MFG had it...