Market Updates

•  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 onc…

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. SP…

• 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 h…

• 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 …

•  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 attem…

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. S…

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 Futur…

• 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…

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 …

•  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%. Lithi…

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 t…

• 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 …

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 (-…

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 to…

•  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…

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 ag…

•  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.…

US stocks resumed their rally overnight the Dow Jones finishing up 372 points (+1.06%). SPI Futures are pointing to a positive open up 18 points (+0.25%). CBA numbers this morning beat estimates whil…