Market Updates

US stocks fall as 10-year Treasury yield tops 2.75%, in the worst single-session since March. SPI Futures are down 22 points (-0.29%) as the ASX looks to back off a little into the Easter break.

• ASX 2…

• The ASX 200 finished up 7 point at 7485 (0.1%) after an early spurt was derailed by Chinese CPI numbers combined with 10-year yields heading above 3%. Resources were the swing as BHP turned down losi…

US stocks finished the week mixed; tech stocks on the nose whilst the broader S&P 500 wobbled between gains and losses only to close a touch lower. The Fed dialled up the market's expectations for ra…

•  The ASX 200 finished the week up 35 points at 7478 (0.5%). Quiet trade with caution ahead of the weekend. Banks were slightly higher with CBA and ANZ showing gains, the Basket closed at $189.45 (0.2…

US stocks rebounded overnight while the yield curve steepened on the policy outlook. The Dow rallied hard after a slow start, but finished well off highs, up 87 points (+0.25%). SPI Futures are up 38…

• The ASX 200 finished down 47 to 7443 (0.6%) as the unwind continues after the Fed speak. Tech and resources on the nose today. The Big Bank Basket slipped to $189.16 (0.3%) and MQG off 1.5% with insu…

The hawkish Fed continued to sink tech stocks overnight, as officials weigh reducing the balance sheet by US$95B a month. The Dow slipped 0.42%, while the Nasdaq fell another 2.2%. SPI Futures down 2…

• The ASX 200 recovered off lows to close down 38 points at 7490 (0.5%). The switch was back on as money flowed from resources and tech into banks and banks. The Big Bank Basket rose to $189.87 The big…

Stocks and bonds fell after Fed Brainard’s hawkish comments to shrink the balance sheet rapidly. The Dow slipped 0.8% and the Nasdaq fell 328 points (-2.26%). SPI Futures are down 48 points (-0.46%).…

Tech lead the gains in the US as Elon Musk bought a 9.2% stake in Twitter. The Nasdaq jumped 271 points (+1.9%). The RBA interest rate decision is today at 2:30 pm and will be eagerly waited on by th…

• The ASX 200 kicked off the week in style rising 20 points to 7514 (0.3%). Off highs at close. Miners and material stocks led the way higher with BHP up 0.1%, FMG up 3.0% and lithium stocks in strong …

The Dow finished up 140 points on Friday as technology stocks were under pressure from rising yields as the 2-year and 10-year curve properly inverted. SPI Futures closed up 19 points (+0.25%). Catch…

News overnight that Biden ordered the release of up to 1 million barrels of oil a day for 6 months, saw oil prices fall sharply. US stocks fell in an end-of-month/quarter slump, for the first quarter…

•  The ASX 200 fell 15 points to 7500 (0.2%) as early enthusiasm waned and we limped into month and quarter end. Big match out sell off of 30 points. Banks under a little pressure with the Big Bank Bas…

The script flipped overnight as US stocks dropped on war concerns. The Dow fell 65 points (-0.19%) while the Nasdaq dropped 1.2%. SPI Futures are up 10 points (+0.13%) as the winning streak looks to …

• The ASX 200 rose for a seventh session with the market now edging further into positive for the calendar year. Risk was back on, helped by targeted spending measures in the Federal Budget aimed at re…

US stocks firmed again overnight, the Dow finished up 338 points (+0.97%) rallying hard into the close and making it four on the trot as peace talks between Russia and Ukraine lift sentiment. While n…

•  The ASX 200 climbed another 52 points to 7464 (0.7%) to be only around 2% from its all-time high. The budget looms and banks shone again with the Big Bank Basket up to $190.63 (0.4%). CBA running 0.…

US stocks rallied for the third straight session, with Dow finishing up 95 points (+0.27%). Oil prices retreated on the back of China’s covid resurgence, as OPEC+ said it has no plans to change its o…

• The ASX 200 quietly firm up 6 points to 7412 (0.1%). Banks and materials firing up again ahead of budget tomorrow night. The Big Bank Basket rose to $189.87 with NAB up 0.8% and MQG doing well up 1.1…