Market Updates

ASX 200 closed up 3 points at 7311 (0.05%). A good effort considering the downdraft of around 28 points from BHP and RIO ex dividends. Solid gains across the board in a tight trading range with US job...

9 Mar 202316min

US markets struggle for direction overnight and treasury yields rose again following hotter job figures and Powell’s reassertion that the Fed would continue to raise rates until inflation subsides. Th...

8 Mar 202312min

ASX 200 fell hard down 57 points to 7308 (0.8%) after US falls and another day ahead of Powell testimony. Few sectors or stocks escaped today after the Fed spooking, Banks eased with CBA down 0.5% and...

8 Mar 202316min

The Dow closed down 575 points (-1.72%) as markets fell on Powell’s Speech. S&P 500 down 1.53%. NASDAQ down 1.25%. In Europe, STOXX 600 -0.77% FTSE -0.13% CAC -0.46% DAX -0.6%. US Banks taking a beat...

7 Mar 202313min

ASX 200 shrugged off early losses to close up 36 to 7365 (0.5%) after the RBA raised rates by 25bps but hinted perhaps at a pause. The market took that well and rallied strongly post the announcement....

7 Mar 202317min

The Dow rose slightly Monday, as Wall Street fought to hold onto last week’s gains with a busy week ahead for traders including Jerome Powell heading to Capitaol Hill for two days of testimony. The D...

6 Mar 202311min

ASX 200 closed up 45 points at 7329 (0.6%) as once again we saw the market bifurcate. Banks the machine again pushing ahead with the Big Bank Basket up to $174.37 (1.1%) with CBA and NAB leading the c...

6 Mar 202314min

US markets better on Friday, bond yields dropped with the 10 year down 11bp and the two-year down 4bp. The US dollar also dropped 0.35%. Part of that was on the back of a dip in the services sector P...

5 Mar 202312min