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Market Reports

ASX down 1.35% in anticipation of labour market figures

19 Oct 2023 - The big four Australian banks are projecting various outcomes for the labor market: Commonwealth Bank (CBA) expects a 25,000 job gain with a higher unemployment rate …

US stocks slip as Treasury yields hit levels not seen since 2007

19 Oct 2023 - Stocks dropped Wednesday as earnings season gained steam and Treasury yields climbed to multiyear highs.

ASX closes 0.3% higher as China's GDP grows

18 Oct 2023 - The Australian sharemarket increased in value on Wednesday, as China's gross domestic product (GDP) for July-September grew by 4.9% compared to the previous year.

Afternoon update: ASX up 0.16% following China's Q3 economic performance

18 Oct 2023 - The S&P/ASX 200 is trading 0.16 per cent higher at 7,067.40.

ASX up 0.13% as oil prices surge

18 Oct 2023 - Oil prices surged by up to 1.7% in early Asian trading following a deadly explosion at a Gaza hospital, heightening tensions in the Middle East ahead of US President …

S&P500 closes near flatline; Bond yields lift; US DOC plans to restrict chips

18 Oct 2023 - The S&P 500 closed near the flat line on Tuesday as investors analysed the latest bond yield moves and corporate earnings season gained steam.

Surge in Tech stocks help lift the ASX 0.41% at close

17 Oct 2023 - The ASX overcame a two-session losing streak thanks to a surge in technology-related stocks, despite some surprisingly cautious remarks from the Reserve Bank of Austr…

Afternoon update: ASX currently 0.58% higher as investors digest RBA comments

17 Oct 2023 - The S&P/ASX 200 is currently trading 0.58 per cent higher at 7,067.1.

ASX up 1.05% as RBA releases its latest minutes

17 Oct 2023 - The Reserve Bank of Australia recently released its latest minutes regarding the cash rate decision. During the meeting, members contemplated increasing the cash rate…

US markets rally as earnings season takes centre stage

17 Oct 2023 - Stocks closed higher Monday as earnings season heats up this week. Eleven per cent of the S&P 500 slated to report results. Some notable names on deck this week inclu…

ASX tumbles 0.35% as investors seek bonds and gold

16 Oct 2023 - On Monday, the Australian stock market experienced a decline as investors sought refuge in bonds and gold due to growing concerns about increasing tensions in the Mid…

Afternoon update: ASX trading 0.34% lower as Northern Star Resources leads large caps

16 Oct 2023 - The S&P/ASX 200 is trading 0.34 per cent lower at 7,026.80.

ASX down 0.28% at noon as oil stabilises following Friday's gains

16 Oct 2023 - Oil prices remained stable as Israel had not yet initiated its expected ground offensive in Gaza, while the United States intensified diplomatic efforts to prevent th…

US stocks decline amid growing concerns over rising inflation

16 Oct 2023 - Stocks fell Friday, pressured by a spike in oil prices and rising inflation expectations, as Wall Street wraps up a volatile week.

ASX down 0.37% at noon as oil prices fall

13 Oct 2023 - Oil prices fell as US crude stockpiles increased significantly by 10.2 million barrels, the largest rise since February, and demand for gasoline remained low, pushing…

US stocks fall following new CPI data

13 Oct 2023 - Stocks fell Thursday, pressured by rising Treasury yields, as traders fretted over new data showing persistent US inflation.

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…

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