Market Updates

• ASX 200 rallied 63 points to 7239 (+0.9%). Resources were the stand outs today with iron ore stocks leading the charge, BHP up 2.5% and FMG rising 4.1%. Base metal stocks also rose with S32 up 2.0% a…

• ASX 200 SPI Futures up 77
• Dow up 435 (1.3%)
• Nasdaq up 322 points (2.7%)
• S&P 500 up 76 points (1.8%)
• Gold up 1.2% 
• Oil up 1.1% as OPEC agrees to more supply.
• Iron ore up 5.1% on Chinese reopening. 
• LME close…

US stocks posted their second losing session in a row, the Dow finished down 177 points (-0.54%). Economic data came in hotter across the board indicating the economy is still running hot. SPI Future…

The Dow finished down 223 points in a late fade as Biden and Powell met to discuss inflation. The headline from the meeting was that Biden will not interfere with the Fed’s decisions on inflation. 

SP…

• The ASX 200 slid 75 points lower to 7211 (-1.0%) as banks wobbled despite bond yields rising. A 20 point sell-off on close not helping. The Big Bank Basket fell to $184.53 (-2%) as the AFR Banking Su…

US markets were closed overnight for the Memorial Day Holiday. The Australian market is set to ease slightly today with the Futures indicating a 12 point loss. Catch up on all the latest with Henry’s…

• ASX 200 starts the week off in style with a 104-point gain to 7287 (+1.5%). After a strong open, we kicked again into the close with commodity stocks leading the charge. BHP up 2.8%, FMG up 1.3% as C…

The Dow rallied again closing on its high up 576 points and never trading in negative territory. SPI Futures are up 83 points, with the debate now whether this is a bear market bottom or a meaningful…

• ASX 200 rallied another 77 points to 7182 (+1.1%) as the upward bias continues. Up 37 points for the week. Banks and resources once again the key with the Big Bank Basket up to $188.08 (0.9%). CBA up…

The Dow had its fifth winning session in a row finishing up 517 points, making it the longest win streak in two months. Solid earnings from US retailers spurred investors into a buying session. SPI F…

•  ASX 200 falls 49 points to 7106 (0.7%). Late sell off too at close. No real reason, but banks wilted as 10-year yields continue to slip, the Big Bank Basket fell to $186.43 (-0.5%). CBA down 0.7% le…

• The ASX 200 rose 26 points today to 7155 (+0.4%). A damp end to a steady session, falling 20 points on the match out. A solid day though with banks and resources leading the market higher. BHP added …

Plenty to catch up on overnight as the Dow (+0.15%) rallied into the close following a soft start to finish in positive territory. SPI Futures are pointing toward another muted day of trade, up eight…

• The ASX 200 drifted around in a tight range today before sliding to close down 20 at 7129 (0.3%). Overnight optimism was snapped shut as social media stocks in the US tumbled after hours. Banks were …

The Dow had its best session in almost three weeks finishing up 618 points (+1.98%). Positive sentiment in China was the main driver overnight as Beijing plans tax relief of over $21bn. SPI Futures a…

•  The ASX 200 rose 3 points to 7149 in cautious trade. After a post -election bump early we saw Asian markets weaken and selling hit banks with the Big Bank Basket down to $184.00 (0.4%) with CBA off …

SPI Futures are down 15 points following a volatile session in the US on Friday night. The Dow finished up 0.03% on a late rally, the S&P finished up 0.01%, and the NASDAQ took a hit, down 0.3%. Catc…