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Market Reports

ASX closes 0.21% higher: ACCC denies electricity industry coordination

12 Sep 2023 - The Australian Competition and Consumer Commission plans to reject authorisation for electricity industry participants to coordinate repair, maintenance, and upgrades…

Afternoon update: ASX currently up 0.13%, Financials lead, Health Care lags

12 Oct 2023 - The S&P/ASX 200 is trading 0.13 per cent higher at 7,097.60.

ASX up 0.2% as oil prices stabilise

12 Oct 2023 - Oil prices remained stable, hovering around $83 per barrel, after an initial surge linked to Hamas' attacks on Israel over the weekend. This surge was reversed follow…

US stocks close higher as PPI comes in higher than expected

12 Oct 2023 - Stocks ticked higher Wednesday as traders awaited the release of new US consumer inflation numbers and Treasury yields continued to retreat.

Afternoon update: ASX up 0.6% as Consumer Discretionary leads gains

11 Oct 2023 - The S&P/ASX 200 is trading 0.6 per cent higher at 7,082.70.

ASX currently 0.47% higher as Aus bond yields fall

11 Oct 2023 - Australian bond yields have decreased, following the trend of their US counterparts, in response to signals from Federal Reserve officials that the central bank is un…

US stocks close higher amid falling Treasury yields

11 Oct 2023 - US stocks rose Tuesday, boosted by declines in Treasury yields as Wall Street assessed the geopolitical risks from the Israel-Hamas war. The benchmark 10-year Treasur…

ASX closes 1% higher following rhetoric from US Fed

10 Oct 2023 - The S&P/ASX 200 surged back above 7000 on Tuesday, driven by a shift in rhetoric from US Federal Reserve members towards a more dovish stance and signs of easing infl…

ASX up 1.1% at noon as oil prices hold steady

10 Oct 2023 - Oil prices held steady following a significant surge as Israel indicated that its retaliation against Hamas attacks had just begun, raising concerns of increased inst…

US stocks bounce back amid Israel-Hamas conflict escalation

10 Oct 2023 - Stocks staged a comeback Monday as investors shook off pressures driven by the deadly Israel-Hamas conflict.

ASX rises 0.2% on energy and gold rally amidst Middle East tensions

09 Oct 2023 - On Monday, the ASX experienced gains, primarily driven by a significant increase in energy and gold stocks.

Afternoon update: Energy stocks lift following rally in oil prices

09 Oct 2023 - The S&P/ASX 200 is trading 0.51 per cent higher at 6,989.40.

ASX rises 0.5% at noon: Oil prices rally following attack by Hamas

09 Oct 2023 - ASX rises at midday primarily due by a rally in energy and mining stocks, which was a response to the surge in oil prices in Asia.

US stocks rise after the release of jobs data report

09 Oct 2023 - US stocks rallied Friday even after the release of stronger-than-expected US jobs data and a pop in Treasury yields. The US economy added 336,000 jobs in September, t…

ASX rises 0.37% at noon as rates fears subside

06 Oct 2023 - At noon, the S&P/ASX 200 is 0.37% higher at 6,951.40. The SPI futures are pointing to a rise of 19 points.

Markets remain cautious ahead of key jobs data

06 Oct 2023 - Stocks settled lower on Thursday as investors remain cautious ahead of key jobs data on Friday that could determine the next move for interest rates.

ASX closes 0.51% higher influenced by a relief rally inspired by Wall Street

05 Oct 2023 - On Thursday, the sharemarket experienced a rebound, influenced by a relief rally inspired by Wall Street. This rally was prompted by softer US jobs data, which tempor…

Afternoon update: ASX trading 0.51% higher in a volatile session

05 Oct 2023 - The ASX has seen a recovery in the afternoon, building on its earlier gains, as energy stocks managed to recover somewhat after a sharp drop in oil prices overnight.

ASX up 0.08% at noon as Australia's trade surplus expands

05 Oct 2023 - In August, Australia's trade surplus expanded to $9.6 billion, surpassing expectations, as exports increased by 4 percent, primarily led by gold, while imports declin…

The Dow breaks three-day losing streak: Oil prices drop by over $5

05 Oct 2023 - The Dow Jones Industrial Average broke a three-day losing streak Wednesday as Treasury yields pulled back from multi year highs following the release of much weaker-t…

ASX closes 0.8% lower to its lowest point in 11 months

04 Oct 2023 - The Australian sharemarket experienced its lowest point in 11 months, mirroring Wall Street's losses driven by concerns over rising interest rates following stronger-…

Afternoon update: ASX down 0.75%, Cattle prices fall, RBNZ leaves rates unchanged

04 Oct 2023 - The S&P/ASX 200 is trading 0.75 per cent lower at 6,891.30.

ASX down 0.68%: RBNZ likely to hold rates

04 Oct 2023 - The S&P/ASX 200 is currently trading 0.68 per cent lower at 6,896.40. RBNZ expected to hold rates.

Stocks fall amid soaring Treasury Yields and recession concerns

04 Oct 2023 - Stocks tumbled on Tuesday as Treasury yields hit their highest levels since 2007, raising concern higher interest rates would freeze the housing market and tip the ec…

ASX closes 1.3% lower to hit a six-month low

03 Oct 2023 - The Australian sharemarket hit a six-month low on Tuesday, driven by a US Treasury sell-off influenced by the US Federal Reserve's hawkish messaging, despite the Rese…

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