Market Updates

The ASX 200 tried to rally off lows following RBA abandoning yield curve controls, but failed with the ASX 200 down 47 points to 7324 (0.6%). Banks were the soft point today after the very disappointing WBC results yesterday and broker downgrades. The stock fell another 2.7% bringing the two-day loss to 10%. The Big Bank Basket dropped to $184.93 down 1%. Other financials also under pressure as vo...

ASX 200 SPI Futures up 13. RBA meeting 2.30pm the focus. US markets hit records. Commodities mixed. Iron ore falls 3.2%. Oil up 1.1% Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

 The ASX 200 closes up strongly by 47 points to 7371 (0.6%) after some stumbles due to WBC results. Banks were underwhelming as WBC disappointed on most numbers and buy back below forecast, the stock fell 7.6% to a six-month low as CBA stood loud and proud as the best. CBA rose 1.5% with the Big Bank Basket down to $186.67. 0.3  %. The bond market yields came off dramatically ahead of the RBA back...

ASX SPI Futures up 68 Points US markets finish week up 1.3%. Iron ore and coal fall. Oil mixed. Base metals mixed. WBC results and $3.5bn off market buy back. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

The ASX 200 took a tumble today as the bond market crumbled after the RBA went missing again and let rates soar.  The ASX 200 fell 107 points to 7324 (1.4%) finishing the week down 2.1%. Short-dated yields hit 0.68% and 10-year yields went through 2% closing at 2.04%. Big moves and potential a big change. Tuesday will be interesting around the RBA board room table before the Bet with Mates session...

US markets stronger with the Dow up 240 and the S&P and NASDAQ both hitting record highs. It's not all good news however, with Apple and Amazon missing numbers and down sharply after the bell. SPI Futures up 18 points (+0.24%).  ASX SPI Futures up 18. US markets higher ahead of Amazon and Apple. FB changes its name to Meta. Iron ore under pressure down 6% Other commodities rebound slightl...

The ASX 200 just flopped today on lower commodity prices falling 18 points to 7430. To be fair it could have been worse given moves in China on coal and iron ore. Seems most of the damage has been done already, BHP fell 1.7%, FMG up 0.1% on its production report, S32 fell 4.0% on a fall in base metals and ORE dropped 5.9% on its quarterly. Energy stocks predictably eased as crude came off the boil...

US markets pulled back overnight amid a slowdown in earnings momentum. SPI Futures down 40 points and commodities hammered – particularly base metals. Could be a tough day at the office but don’t panic, Henry has you covered with his Breakfast Briefing.   ASX200 SPI falls 40 points US markets suffer late sell off - Dow off 266 Visa 100 points of that. Commodities hit hard. BHP down 2% Oil falls 2....

The ASX 200 flip flopped again closing up 5.3 at 7449 (0.07%) after CPI numbers sent 10-year yields higher still to 1.82%. Huge day in short dated bond yields as rate rise fears grow. Banks were winners on the back of this ahead of results season. The Big Bank Basket rose to $189.74 (1%). MQG up 0.6% with CBA the standout up 1.0%. Insurers also did well with other defensives in demand, healthcare...

Dow up 16 points (+0.04%) to another fresh record, despite a late-session fade. SPI Futures up four points (+0.05%). Big night for earnings in the US with Alphabet, Microsoft, Twitter, Visa, all dropping numbers. Catch up on all the action with Henry’s morning update.  ASX SPI Futures up 4 US markets slightly positive- results focus. Big tech results after hours. Commodities ease. Oil firms and ir...

The ASX 200 flops back to a 2-point gain after a strong early session, the index closing at 7443 . No real reason for the sluggish performance. Eyes were fixed on AGM s, business updates and news from CWN which was found guilty but now needs to prove its innocence. CWN rallied 8.7% on the news from the latest RC on being able to keep its licence for now. Seems governments need the revenue post CV1...

US markets hit record highs whilst Tesla surges. SPI Futures up 14 points (+0.19%) after the ASX 200 added 26 points yesterday. Get up to speed with Henry's Breakfast Briefing.  ASX SPI Futures up 14 US markets hit records as Tesla hits US$1 trillion valuation on Hertz deal. Commodities push ahead. BHP RIO up 1.3% in US. CWN D-Day in Victoria. Why not sign up for a free trial ? Get access to...

The ASX 200 rises 26 points to 7441 (0.3%) After slight wobble mid-morning. Mixed session with an upside bias as commodity stocks pushed higher and banks rallied slightly. The Big Bank Basket up to $188.34 (0.35%) with MQG up 0.7% over the $200 level. Insurers pushed higher, QBE up 0.9%.  Industrials firmed with consumer stocks in focus, WOW up 1.5% WES up 0.8% and TWE up 1.7%.  Technology mixed a...

Catch up on all the action from the weekend with Henry's morning update. The ASX 200 is expected to extend last week's 0.73% rise. US markets mixed on disappointing Q3 earnings. Fed's Powell says, time to taper bond purchases but not to raise rates. ASX 200 SPI up 30 points. US markets mixed Dow up 0.2% Nasdaq down 0.8% Gold up Oil Up Iron Ore up. Square falls 4.5% Why not sign up f...

 The ASX 200 continued to flip flop closing unchanged at 7416 up 48 points for the week. Banks and miners sagged as the Big Bank Basket drifting to $187.69. Other financial managed to sway with MQG up 0.6% and MFG losing some steam but still the talk is bottoming? Insurers remained unchanged despite 10-yeild yields continuing to rise up to 1.81%. Resources stocks were torn and frayed, BHP down 2.2...

Dow down six points, saved by a late rally. S&P +0.30%, extending its win streak to seven and closing at a fresh all-time high. NASDAQ +0.62%. SPI Futures up two points. Get in the know with Henry's Breakfast Briefing. ASX SPI up 2. Dow down 6. Nasdaq up 94 (0.6%) S&O 500 hits record. Oil and commodities stumble. Iron ore down 5.6% Why not sign up for a free trial ? Get access to expe...

The ASX 200 rose 2 points to 7415 in a muted session with one eye on Evergrande and the other on AGM and business updates. Most updates are positive, but sentiment is being held in check by a fall in Evergrande in China.  Mixed across the board, banks slightly higher with the Big Bank Basket up to $187.92. WBC the standout today up 0.6%. MQG continue the march to $200 up 0.9% and fund managers fig...

The S&P 500 kept chugging along overnight, up for a sixth consecutive session despite inflation and labor shortages being highlighted by the Fed's Beige Book. SPI Futures up 12 points. Get up to speed with Henry's Breakfast Briefing.  ASX SPI Futures up 12. Commodities mixed. AUD stronger at 75.17c Gold up 0.8% Oil up 0.9% US markets at record highs again. Tesla results. Why not sign...

The ASX 200 closed up 39 points to 7414 (0.5%) in a solid but uninspiring day, limping into the close. Once again AGMs and business updates dominated the market and investors were happy to overlook the continued rise to 1.79% in 10-year yields. The AUD too doing well up to close to 75c. Tech stocks were in demand despite the rate rises, APT up 1.6% and XRO up 1.4%. The All - Tech Index up 1.3%. Ba...

ASX Futures up 41 points. Commodities slip. Oil continues to rally. US markets firm on results. AGM and business updates to continue to dominate. Why not sign up for a free trial ? Get access to expert insights and independent research and become a better investor.

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...