Market Updates

The ASX 200 closes down 6 points at 7375 in a see saw day.  AGMs dominating the market. BHP production report knocks some optimism out of the big miners, BHP down 2.0% and FMG off 1.2%. Banks were solid if uninspiring with the Big Bank Basket down to $186.17 with CBA unchanged. MQG still powering ahead up 0.9%. REITS were slightly better as bond yields eased back slightly and tech was in the frame...

The Dow posted a modest decline but the S&P 500 clinched its longest win streak in nearly two months as US markets shook off weak China data. SPI Futures down 20 points. Get up to speed with Henry’s Breakfast Briefing. ASX SPI FUTURES DOWN 20 points US Markets mixed - Dow down 36 Nasdaq up 124 points. Commodities mixed. Oil eases. RBA Minutes today. Why not sign up for a free trial ? Get acces...

The ASX 200 gave up early gains to close up 19 points at 7381. NZ CPI data saw 10-year yields spike higher and Chinese GDP miss both weighing on investors’ minds. Banks did well in this environment with CBA up 1.6% and the Big Bank Basket up to $186.55 %. MQG put on 0.5% after a broker upgrade and insurers also did ok, QBE up 1.0%. REITS though under pressure on the rate rise, SYD fell 0.4% on an...

US equities had their best week in nearly three months last week as a good start to Q3 earnings season and improving Covid trends helped overcome inflation and Fed tapering worries. SPI Futures up 31 points at the Saturday morning close. Get up to speed with Henry's Breakfast Briefing.   ASX SPI Futures up 31 points. US market firm on better corporate and economic numbers. Gold falls 1.7% Oil...

The ASX 200 moved 50 points higher to 7362 (0.7%) today as banks rallied after US results, and miners did well on higher commodity prices. The Big Bank Basket moved up slightly to $184.19%. MQG up 3.7% hitting an all time high, insurers though flat on news that ASIC would be pursuing IAG . Fund managers took a beating as Judith Neilson sold down her holding of PTM as the stock fell 6.9% and PDL do...

US markets rallied overnight, with the S&P posting its biggest gain since March and Nasdaq since May. The S&P is now just ~2.3% off record level from early September. Get up to speed with Henry's Breakfast Briefing.  ASX SPI 200 up 46 points. US markets rally hard. Dow now only 2% from all time highs. Commodities push higher. BHP rallies 3.8% in US. Oil up 1%. Win up to $3000 by picki...

The ASX 200 kicks 39 points higher to 7311 (0.5%) as resource stocks rally hard but a late sell off hurts. Good AGM and business updates fuel a rally. 10-year yields fall back to 1.63% and jobs number comes in as expected.  The big miners were all the rage as BHP rallied 0.6% FMG up 2.3% and S32 bought a copper mine in Chile hitting highs up 4.9%. Base metals were also in demand but once again lit...

Dow ends flat, S&P 500 and Nasdaq snap three-session losing streak after Fed minutes point to tapering plans. SPI Futures up 50. Get up to speed with Henry's Breakfast Briefing. ASX 200 SPI up 50 points. US markets mixed. Tech stock push higher as 10-year yeilds drop. Energy off slightly. Gold bounces 2% Iron ore falls 4%. Inflation and jobs number this morning . Win up to $3000 by pickin...

The ASX 200 meanders around closing down 8points at 7273 (0.1%) as banks slip slightly and miners under some pressure.  The Big Bank Basket took its cue from BOQ which fell 4.3% on its results, CBA held its AGM and talked up tough love on lending, falling 1.6% in the process. The Basket fell to $184.94 down 1%. Insurers firmed, MQG unchanged, MFG continued its descent into darkness, down another 1...

The Dow clocked a third losing session in a row last night, although SPI Futures are pointing to a positive start. Get up to speed with Henry's Breakfast Briefing. ASX 200 SPI Futures up 14 points US markets drift lower on usual issues ahead of reporting season Iron ore down 6% in Asia yesterday Oil stays above US$80 for WTI   Win up to $3000 by picking the best performing stock on the ASX. S...

The ASX 200 falls 19 points to 7281 (0.3%) after banks ease and nerves continue over Chinese property companies. The Big Bank Basket slipped to $186.87 -0.2% after WBC fell 1.7% on a hit to its balance sheet. CBA AGM tomorrow. Insurers eased back to led by QBE , but MQG managed to stay positive. MFG continued to slip lower, down 1.1%. Industrials drifted lower too with bond proxy stocks slightly w...

US markets gave up early gains and dived into the close to finish on the session low. It's not all bad news, however, with commodity prices strong; WTI above US$80 a barrel, iron ore up nearly 10%, coal up 8%, aluminium at a 13-year high.  ASX 200 SPI Futures down 27. Energy prices up as coal surges on Chinese floods. Focus on resource stocks as iron ore up 9.5% Win up to $3000 by picking the...

The ASX200 falls 156 points to 7248 (2.10%) as Evergrande woes boil over in Asia. Dow futures down 350 points. Singapore iron ore prices touched US$90 briefly with China closed today. The big miners under extreme pressure, BHP off 4.2%, FMG down 3.7% and RIO falling 3.6%. Other resources followed suit as BSL tumbled 5.0%, S32 down 2.1% and LYC down 11.8%. Uranium. Lithium and other hot pockets saw...

The ASX 200 dropped 56 points to 7404 (0.8%) as iron ore falls below US$100 on Dalian Futures and brokers move to downgrade miners after the falls. Iron ore miners stumbled yet again with FMG down 11.5% on huge volume. BHP off 3.7% and RIO down 4.7%. Second tier miners also in trouble, GRR down 5.6% and MGX off 10.5%. Gold miners too on the nose following bullion falls NCM down 3.1% and NST fallin...

The ASX 200 closed up 43 points to 7460. A solid day with banks powering ahead on jobs data showing the headline rate falling to 4.5% although participation the issue The Big Bank Basket rose to $184.92. MQG pushed 1.0% ahead with MFG rising 2.5% for a change. Healthcare back in the pink with CSL up 1.1% and RHC doing well. Industrials were firm with TLS holding an investor day rising 0.5%, TCL up...

The ASX 200 closes down 20 at 7417 (0.3%) after early losses were recouped. Banks slid with the Big Bank Basket off to $182.95. Healthcare doing well, bouncing back from losses yesterday led by CSL up 1.4% and RMD up 1.8%. Industrials too were firm with REITs and other interest rate sensitive stocks better. Even TCL rose 0.4% despite being pregnant with news. Resources and energy stocks weakened w...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. The ASX 200 closed up 12 points (+0.2%) to 7437.  RBA governor comments on rates turn things around. BHP Group (BHP) and Rio Tinto (RIO) up around 0.6% a piece bucking the negative trend in iron ore, though FMG is faring a little worse down 1.79%. Banks joining in the bounce back today with...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 rallies 19 points to close at 7425 a drifting day after gains early saw seller re -emerge before closing buys. Resources which had been the trailblazers gave up some gains in iron ore with BHP up 0.6% and RIO off 0.2% on US Oak Flat news, FMG managed a 0.8% gain. Uranium was the huge...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST.   ASX 200 up 37 points to 7407(0.5%).  Miners and resources doing well as BHP rose 0.8% and FMG put on 2.6%. Base metals following the positive leads from LME prices overnight, AWC up 6.3% and MIN better by 5.6%. Coking coal hits a five-year record of US$300, WHC up 2.7%. Industrials mixed w...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 crashes 143 points to 7370 as pent up selling and growth pessimism takes hold. All sectors were hit with the banks under serious pressure and the Big Bank Basket down to $182.06 with MQG falling 2.1%. Insurers too under pressure, QBE down 1.7% and IAG falling 2.4%. Healthcare sold of...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 down 18 points in lacklustre trade closing at 7512 (-0.24%). Once again resource stocks weighed with BHP down 1.0% and RIO down 0.5%. Gold miners under pressure as bullion fell, NCM down 2.9% and NST off 5.3%. Banks were firm with MQG updating the market and pushing 4.7% higher. Else...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 closes up 2 to 7530 after RBA leaves rates unchanged. Early weakness sees buyers return grinding out a positive day on better Chinese data and RBA comments on rate rises. Banks were slightly lower with the Big Bank Basket down slightly to $184.92, NAB being the worst, performer off 0...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST. ASX 200 fights back from over 80 down to close up 6 points to 7529. FMG ex dividend is nearly 20 points negative alone. Across the board, bargain hunters stepped back in with the banks doing well up to $185.12 for the Big Bank Basket. Industrials and healthcare also turned around as CSL rose...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 rallied hard, but interest waned a little to close up 37 points at 7523 ahead of crucial jobs numbers tonight. Uranium stocks in focus and huge pops in some like PDN up 24.0% and VMY doing well up 23.1%. Banks were firm with the Big Bank Basket up to $184.43. Iron ore stocks also reco...

CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST ASX 200 dropped 41 points to 7486 rallying off its lows with half of the fall BHP going Ex- Dividend. This will be a feature of the market as company dividends drop creating a headline headwind. BHP fell 6.9% to be lower than its 2021 open though it has paid around $4 in dividends thus year....