End of Day Report – Thursday 8 August - ASX 200 drops 18 points - Banks Rally - Resources Stumble - AMP Surprises
ASX 200 slips 18 points to 7682 (-0.2%) as banks rally and resources slip. BHP testing $40, down 2.0%, with RIO and FMG under pressure too. Lithium stocks fell as MIN down 2.2%, and IGO off 2.5% on ni...
8 Aug 202413min
Pre Market Report– Thursday 8th August - US Markets slip on Treasury Auction - SPI down 33 - Results Drop
Wall Street closed lower overnight, ending near worst levels. Indices were weighed down by tech stocks and weak demand in treasury auctions, triggering choppy trading. The Dow fell 234 points (-0.80%)...
7 Aug 202413min
End of Day Report – Wednesday 7th August - ASX finishes up 19 at 7700 - US Futures better - Tokyo Continues to Bounce on BoJ comments
ASX 200 bounces 19 points to 7700 (+0.3%) as risks start to recede. Soothing words from a BoJ Deputy helped things along. Banks struggled or we would have been higher. ANZ up 0.2% on a broker upgrade...
7 Aug 202410min
Pre-Market Report - Wednesday 7th August - US Rally Fizzes - SPI Down 17 - US Earnings in Focus
ASX to slip. SPI Futures down 19 points (-0.25%). US equities snapped a three-day wild rout as investors piled back into the market following recent comments by Fed officials easing US recession conc...
6 Aug 202410min
End of Day Report – Tuesday August 6th - ASX 200 up 31 - RBA leaves Rates on Hold - Asia Recovers _ Tepid Recovery Here
ASX 200 bounces 31 points to 7681 (+0.4%) as Japan rebounds strongly. RBA left rates unchanged as expected. Bank bounced hard, with the Big Bank Basket up to $217.86 (+1.4). Other financials were mixe...
6 Aug 202413min
Pre-Market Report – Tuesday 6th August - SPI down 27 - US markets fall around 3% - RBA today - Japan in Focus
Wall Street finished deep in the red overnight, hit with a renewed bout of volatility on talks about a US economic recession and a wave of institutions unwinding popular carry trades in Japan. The S&P...
5 Aug 202411min
End of Day Podcast – Monday 5th August - ASX 200 Falls 3.7% - Japanese Banks Tumble - Carry Trade Unwinds - US futures Show Significant Losses Ahead Still
ASX 200 fell a huge 294 points or 3.7% today to 7650 as banks came under serious pressure. Financials across the region were aggressively sold off from MQG to Mitsubishi. The Big Four were torched, an...
5 Aug 202415min
Pre-Market Report – Monday 5th August - US Markets Fall Hard - SPI Down 115 - Risks Grow - NFP Stokes Recession Fears
The sell-off on Wall Street continued for a second consecutive session overnight. Weak jobs data fuelled worries that the Fed's decision to hold rates at two-decade highs is risking a hard landing/rec...
4 Aug 202413min
