End of Day Report – Monday 29 July: ASX 200 up 68 - Banks lead - Tech and Industrials Firm - US earnings in Focus
ASX 200 rallies another 68 points to 7990 (0.9%). Big week with Dow futures showing a positive start to the week. Banks and industrials once again the star of the show as CBA lifted another 1.3% with ...
29 Jul 202411min
Pre-Market Report – Monday 29 July: SPI up 60 as US PCE comes in as Expected. Fed and BoJ Week
US equities closed out the week on a positive note recouping some ground lost earlier in the week, boosted by inflation data raising optimism for a September rate cut. The Dow rallied 654 points (+1.6...
28 Jul 202410min
End of Day Report – Friday 26 July: ASX Rallies 60 as Resources Rebound - US PCE in Focus
ASX 200 rallies 60 points to 7928 (0.8%) as iron ore rallies and China throws some money at stimulus. The ‘Three Amigos’ all spurted ahead, BHP up 2.2%, RIO jumps 2.8% and FMG more muted post quarterl...
26 Jul 202413min
Pre-Market Report – Friday 26 July: US Markets Stabilise - SPI Jumps 33 - Gold Drops 1.3%
Wall Street ended mixed overnight, following its worst performance since 2022 yesterday as markets began to doubt the sustainability of the AI-driven rally. The Dow edged 81 points higher (+0.20%). Up...
25 Jul 202412min
End of Day Report – Thursday 25 July: ASX 200 drops 103 points - Banks Hold Up - FMG and MQG Punished
ASX 200 falls 103 points to 7861 (-1.3%) on US tech falls and quarterly disappointments. Banks held up relatively well as the Big Bank Basket fell to $227.50 (-0.4%). NAB down 0.9% and MQG falling 3.4...
25 Jul 202411min
Pre-Market Report – Thursday 25 July: US markets Tumble on Earnings - SPI down 75 - MQG Update
Stocks sold off Wednesday, weighed down by underwhelming reports from Tesla and Alphabet, leading the S&P 500 and the Nasdaq Composite to post their worst session since 2022. The broad market index lo...
24 Jul 202413min
End of Day Report – Wednesday 24 July: ASX 200 Treads Water - Down 7 points - FLT Falls 4.8% - Gold Miners Shine
ASX 200 down 7 points in range-bound trade as we watch and wait (for what?) The index fell to 7964 (-0.1%), with banks steady, CBA down slightly, the Big Bank Basket at $228.39 (0.1%). Insurers did we...
24 Jul 202412min
Pre-Market Report – Wednesday 24 July: ASX SPI up 11 - Tesla Disappoints - Alphabet Beats Estimates in Places but Lacks Detail
Wall Street finished broadly lower, ending near worst levels before Tesla and Google kicked off the “Magnificent Seven” reporting season after the closing bell. The Dow Jones closed 57 points lower (-...
23 Jul 202414min
