End of Day Report – Wednesday 14 August: ASX 200 up 24 - CBA Delivers - Iron Ore Slumps
ASX 200 rose another 24 points to 7851 (+0.3%) as iron stocks fell hard on Asian price falls. BHP, RIO and FMG dragging the index back from 7910 high. BHP down 2.8% and FMG crashing 4.6%. Iron ore fut...
14 Elo 202411min
Pre-Market Report – Wednesday 14 August: US Markets Bounce on PPI Numbers
Wall Street closed higher overnight, hitting a two-week high after soft PPI data reinforced bets of rate cuts in September. The S&P 500 climbed 1.68%, clocking its biggest four-day rally this year, le...
13 Elo 20244min
End of Day Report – Tuesday 13 August: ASX 200 drifts 13 points higher - CSL falls on guidance - TPW soars - Nikkei back with Gusto
ASX 200 rose 13 points to 7827 (+0.2%) in quiet cautious trade ahead of US PPI tonight. Results are once again the focal point. Solid numbers from TPW and good guidance helping the retail sector again...
13 Elo 202413min
Pre-Market Report – Tuesday 13th August: SPI Unchanged - US Mixed Ahead of CPI - CSL - CGF - JHX Results
US equities ended mixed overnight after a choppy day of trade. The Dow slipped 141 points (-0.36%). Up 90 points at best. Down 246 points at worst. The S&P 500 finished unchanged after two straight da...
12 Elo 202412min
End of Day Report – Monday 12 August: ASX 200 up 36 points - JBH Good - AZJ Bad - BPT Ugly
ASX 200 rose 36 points to 7814 (+0.5%) in quiet trade. Just for a change, banks led the market higher, as we wait for CBA numbers on Wednesday. The Big Bank Basket rose to $222.96 (+0.8%). Other finan...
12 Elo 202412min
Pre-Market Report – Monday 12 August SPI jumps 59 Points - JBH Special Divided - AZJ Results
Wall Street ended the week on a calmer note in an uneventful day of trade. The S&P rose 0.47%, almost regaining all its losses since Monday's sharp sell-off, triggered by the unwinding of yen-funded c...
11 Elo 202412min
End of Day Report – Friday 9 August: ASX 200 rallies 1.3% - Still Down 2.1% on the Week - QBE NWS and REA Results
ASX 200 closes up 96 points to 7777 (+1.2%) still down 2% for the week. Resources took up the baton in the ‘repechage’. Gains in iron ore in Singapore brought buyers back in. BHP up 1.6%, and RIO up 2...
9 Elo 202412min
Pre-Market Report – Friday 9 August US Rallies Hard - ASX SPI up 81 - Results in Focus
Wall Street rallied overnight, ending near best levels after jobless claims fell more than expected, easing concerns that the labour market was weakening too quickly. The S&P 500 rose 2.30%, its bigge...
8 Elo 202412min
