Market Updates

Russia and Ukraine are set to hold talks without preconditions as Putin puts nuclear “deterrence” forces on alert. The Dow posted its largest daily gain on Friday night up 835 points, as all US sectors finished higher on optimism that the Russia-Ukraine situation may end sooner rather than later. With results season wrapping up, SPI Futures are up 166 points this morning (+2.4%). Catch up on the l...

 The ASX 200 rallied 7 points to 6998. Quiet, too quiet. After the big falls yesterday, investors and traders were reluctant to chase the market higher ahead of a weekend. A good bounce from technology stocks predicated on a Nasdaq bounce but also a big after-hours jump in Block ( SQ2 ) rising 32.5%. SQ2 is 5.9% of the All - Tech Index. CPU is the biggest holding at nearly 13%. CPU rose 1.5%. Resu...

ASX 200 SPI up 85 Biden speech helps calm nerves. Sanction but no intervention. Dow stages huge rebound closimng ip 92 after being down 900 points. Nasdaq rallies 3.3% after a 3.3% loss early. Base metals firm. Oil hits $100 then backs off. Gold up 0.8% then falls back. Cybersecurity and tech surge. Why not sign up for a free trial ? Get access to expert insights and independent research and becom...

 The ASX 200 fell 215 points to 6991 (3.0%). It was all about results and Russia. Mainly Russia today as the drums of war beat loud and Putin sent troops into Ukraine. The index opened badly with BHP ex-dividend accounting for ~40 points alone and as the day wore on it became a rerun of the Red Wedding from Game of Thrones. Broad-based losses with technology and high PE stocks hit for six. This is...

 The ASX 200 rallied to a 44-point rise to 7206 (0.6%) as some confidence returned. Closing on highs. Iron ore prices in Asia pushed higher helping BHP up 0.6% and RIO up 1.2 %. BHP is ex dividend tomorrow and its 210c fall will equate to 30 odd points in the index. Base metals and lithium stocks found friends, S32 up 3.4% and PLS up 2.2% after its results. AKE rallied 6.8% with MIN a winner on tw...

The Dow fell 483 points (-1.4%) overnight, finishing off lows but never touching positive territory. Biden has announced sanctions for Russia in response to the invasion of Ukraine. Australian markets look set for a mild day of trade with SPI Futures down six points this morning as the results keep coming. Catch up on the latest news with Henry’s Breakfast Briefing.   ASX 200 SPI Futures down 6. D...

 The ASX 200 drops 72 points to 7161 (1.0%) as Russian moves on Ukraine once again spook the market. Off lows at close. Broad base losses with only gold and oil escaping from the carnage. Results once again in focus with some good numbers from some and impressive moves higher against the trend. Banks fell hard with the Big Bank Basket down to $177.76 (1.7%). MQG slid another 1.8% with NWL off anot...

US markets were closed overnight for Presidents Day. Europe will lead the direction for the market today. The Pan-European STOXX 600 fell 1.3% as political tensions continue to dominate headlines. SPI Futures pointing to another tough day down 70 points (-0.98%) as we gear up for another busy day of results continuing into the thick of results season. Get up to speed on the latest news with Henry’...

The ASX 200 closed up 12 points at 7243 (+0.16%), bouncing off 7200.The market rallied from opening losses on reports that Biden and Putin would meet for a summit. Banks and iron ore miners bounced hard on the news from Ukraine; the Big Bank Basket rose to $180.86 (+0.5%). WBC up 1.4% and NAB up 0.6%. QBE rallied 4.8% on broker comments, ASX had a good day up 1.9%, and NWL recovered from recent lo...

ASX 200 SPI Futures down 51 Dow falls 233 (0.7%) Nasdaq down 169 (1.2%) Commodities mixed. Oil down slightly. Gold eases back by 0.6$ IO up 2.2% Results in focus AGL receives bid from Brookfield and Mike Cannon-Brookes Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

 The ASX 200 fell 75 points  ahead of the weekend closing at 7222 (-1.0%). The market staged a pm recovery only to have it snuffed out at the close.  Some solid results helping sentiment and an attempted bounce in iron ore miners was wound back following a couple of dismal days as Chinese authorities try once again to get the price back. BHP unchanged but FMG down 3.2% and S32 still attracting buy...

A tough session for US markets falling from the start as renewed fear surrounding the Russia/Ukraine conflict weighed. The Dow Jones finished down 622 points (-1.78%) in the worst session for 2022. SPI Futures pointing towards a soft open down 82 (-1.14%) as results slow into the weekend. Listen in to Henry’s Breakfast Briefing for all the latest news. ASX 200 SPI Futures down 82 Dow down 622 - 1....

 The ASX 200 rose 11 points to 7296 (0.2%) as results dominated on Super Thursday. US futures soft at close on Ukraine rumours see afternoon selling. Bank once again feeling the love with the Big Bank Basket rising to $181.37 (0.4%) with CBA up 0.2% and WBC doing well up 0.9%. Other financials flat with CGF a winner post results rising 6.7%. Healthcare saw a bump as brokers warmed to CSL with anot...

The Dow Jones fell sharply at the open before rallying into the close to finish down 55 points (-0.16%). Fed meeting minutes and geopolitical tensions were the talking points for the night. SPI Futures are pointing to a slightly positive open for Australian markets, up three points (+0.04%). Catch up on the latest news with Henry’s Breakfast Briefing. ASX 200 SPI Futures up 3. Dow down 0.16% in ra...

The ASX 200 rallied 78 points to 7285 (+1.1%) on better sentiment from the US. It was once again all about results, as CSL and TWE set the scene as good numbers dropped with beats to guidance, CSL up 8.5% and TWE up 11.7% and talking raising prices for premium brands. Iron ore stocks continued to be in the doghouse as Dalian futures remained weak ahead of a crucial meeting tomorrow between authori...

The Dow Jones was up 423 points (+1.22%) overnight as signs of easing tensions between Russia and Ukraine saw US markets rally. US inflation was back in the spotlight with PPI numbers overnight. SPI Futures are pointing towards a firm open, up 71 points (+1%) this morning. Results dominating headlines for Australian markets again, with CSL and FMG  some of the names to look out for. Get up to spee...

 The ASX 200 closed down 37 points at 7207 (0.5%) as banks and miners sagged. Iron ore futures in Asia under pressure, BHP reports record numbers but falls 0.3%, FMG down 5.1% and RIO off 2.3%. Lithium miners remain depressed, PLS down 2.0% and MIN off 5.3%. Gold miners holding firm after big run yesterday. NCM down 0.3% and EVN off 0.5%. Base metals also under pressure with energy stocks running...

Tech lead the way in the US while bond curves flattened. A tough session for the Dow Jones down 171 (-0.49%) barely touching positive territory but finishing well off lows. SPI Futures are pointing to a soft open down 64 (-0.9%) this morning, but the big focus for Australian markets today are results to come from BHP. Get up to speed on all the latest news with Henry’s Breakfast Briefing. ASX 200...

The ASX 200 closed up 27 points at 7244 (0.4). Good result considering US moves on Friday. Gold was the place to be today as the bullion price broke higher on Ukraine concerns. EVN rose 7.9%, NCM up 4.3% and NST up 5.9%. Lithium stocks tumbled as the white powder is losing its allure for now. PLS down 5.6% and MIN off 3.8%. Iron ore stocks also easier with BHP down 1.1% with results due tomorrow....

Happy Valentines Day! The Russia/Ukraine situation will be headlining the coming week with the potential to derail markets on the back of the hot US CPI. This morning SPI Futures are down 33 points (-0.46%) with results from Carsales.com, JB Hi-Fi, and Bendigo Bank kicking off the week. Catch up on all the latest over the weekend and for the day ahead.  ASX 200 SPI Futures down 33 points. Dow fall...

The ASX 200 finishes the week down 71 points at 7217 (1.0%). Sloppy start and no real bounce on US falls after CPI. Finished weak too. Banks were mixed with CBA sagging slightly down 2.2% and the Big Bank Basket flat at $178.99. NAB getting more good press. MQG tried valiantly and failed to bounce after some days of losses as MFG fell 4.9% on a $5.5bn drop in FUM post Hamish stepping down. Insurer...

US stocks slipped overnight with inflation hitting 7.5%, traders now leaning toward 50bps Fed hike. US 10-year bond yields rose to their highest levels since August 2019. SPI Futures pointing to a tough day down 55 points (-0.77%) this morning. Catch up on all the latest news with Henry's Breakfast Briefing. ASX 200 SPI Futures down 55 Dow falls 1.5% Nasdaq off 2.1% US inflation hits 7.5% hig...

 The ASX 200 closes up 20 points to 7289 (0.3%). Strong start on NAB results evaporates as US CPI in focus. NAB results positive firing up the sector again with the Big Bank Basket up to $180.78 (1.7%). NAB rose 4.5%. MQG still under some pressure post result down 2.2%. MFG rallying a little despite platform woes. Insurers under pressure with QBE down 1.0% and SUN off 1.9%. Industrials flat with C...

The US stock rally gains steam with the Nasdaq up 296 points (+2.1%) overnight. SPI Futures are pointing towards another positive day for the ASX, up 41 points (+0.57%), but it’s all about results again today, so tune in to Henry’s Breakfast Briefing to catch up on the latest news.  ASX 200 SPI Futures up 41. US markets rally. Dow up 0.9% Nasdaq up 2.1%.  Oil firms. Gold rallies. Iron ore falls sl...

 The ASX 200 was buoyant today up 81 points to 7268 (1.1%). CBA results set the scene. $2bn buyback, $4.7bn cash profit and dividend 175c. Not bad, Stock up 5.6% dragging the other four banks higher. CBA was 26 index points alone. The Big Bank Basket rose to $177.75 (4.0%). Insurers rose but MQG gave back some gains falling 1.9% as brokers knocked the tallest poppy.  Industrials back in fashion as...