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Market Reports

Key week for US economic data as indexes produce strong weekly gains

12 Sep 2022 - US equities were higher in Friday trading, finishing just off best levels. Each of the major averages were up more than 2.5 per cent for the week and snapped a big th…

ASX climbs higher again in morning trading: Aus shares up 0.23%

09 Sep 2022 - Australian shares are on track to end the week higher after Wall Street made gains overnight. The ASX held a minute's silence at 11am to mark the death of Queen Eliza…

Markets up despite rate news: Extreme weather disrupting Chinese supply chain

09 Sep 2022 - Stocks rose Thursday after moving between gains and losses as Wall Street weighed Federal Reserve Chair Jerome Powell’s comments. In China, a record drought crippled …

ASX jumps back with a bang: Aus shares close 1.8% higher

08 Sep 2022 - The Australian sharemarket had its best session in nearly two months and one of the best all year after RBA governor Philip Lowe was less hawkish than feared in a key…

Lithium stocks lead the way: Aus shares 0.74% higher

08 Sep 2022 - The ASX is following Wall Street's rebound, as the local market waits for further indications that the most-aggressive rate hikes are done.

US markets bounce back as Europe looks to 'winter from hell'

08 Sep 2022 - Stocks rose on Wednesday - trying to shake off a three-week slide - as rates and oil prices eased, cooling investor concerns about continued high inflation. Behind th…

ASX gets thumped: Aus shares close 1.4% lower

07 Sep 2022 - Australian shares touched a near seven-week low, a day after the country's central bank raised rates, as a slide in commodity stocks and Wall Street weighed on the be…

ASX tumbles as energy and mining stocks lead losses

07 Sep 2022 - Australian shares have started the day lower, taking cues from Wall Street as traders assess fresh US economic data in volatile trading.

Metal prices under pressure as recession looms across the globe

07 Sep 2022 - US stocks slumped on Tuesday in a volatile trading session as investors weighed what strong economic data and rising rates mean for the Federal Reserve’s aggressive t…

ASX falls post RBA rate hike: Aus shares close 0.4% lower

06 Sep 2022 - The ASX started off optimistically on Tuesday, but reversed early gains as investors mulled the Reserve Bank's latest rate hike, closing down on the day. The RBA's la…

ASX moves higher, led by coal and lithium: Aus shares up 0.1%

06 Sep 2022 - Coal, one of Australia’s biggest commodity exports, has surged to record levels as a result of the energy crisis, with the price of Newcastle coal soaring to all-time…

Coal the star performer as energy crisis worsens in Europe

06 Sep 2022 - European equity markets finished lower on Monday, but off to the worst levels. US equity futures higher with US markets closed for the Labour Day holiday today. The p…

ASX closes higher despite a weaker Wall Street: Aus shares up 0.3%

05 Sep 2022 - Australian shares closed higher on the day, energy and gold stocks offsetting losses from the banking and tech indexes, while investors awaited a central bank rate de…

ASX pushes higher in morning trading: Aus shares up 0.3% at noon

05 Sep 2022 - Shares in the Asia-Pacific are trading mixed on Monday as investors await the results of a private survey on Chinese services sector activity. OPEC+ is likely to keep…

Solar stocks shine amidst energy crisis gloom

05 Sep 2022 - US equities fell on Friday to cap their third straight weekly decline, after a solid August jobs report failed to ease fears that the Federal Reserve would keep aggre…

Biden Administration moves to ban chip sales into China

02 Sep 2022 - The Dow Jones Industrial Average and the S&P 500 ended the first day of September on a high note as traders looked forward to the jobs report tomorrow. Nvidia shares …

ASX dives in morning trading

01 Sep 2022 - Australian shares started the day sharply lower as world stock markets struggled to recover on Wednesday after a three-day losing streak.

Second wave of European inflation on its way, as energy crisis sees costs spiral

01 Sep 2022 - Stocks fell for a fourth straight day on Wednesday, the last day of August, putting the summer market comeback in doubt as investors weighed the Federal Reserve’s inf…

ASX closes down, but recovers from morning lows: Aus shares 0.2% lower

31 Aug 2022 - China’s Shenzhen Component index are leading losses in mixed Asia-Pacific trade following a negative lead from Wall Street, and as investors digest China’s factory ac…

ASX declines in morning session: Aus shares 0.4% lower at noon

31 Aug 2022 - Several of China's biggest cities imposed tougher COVID-19 curbs on Tuesday. Analysts expect China’s official manufacturing Purchasing Managers’ Index for August will…

Behind the numbers it's all about energy pricing

31 Aug 2022 - US stocks fell for a third straight day overnight, jeopardising a summer comeback rally, as the Federal Reserve and other global central bankers continued to signal t…

ASX closes higher on the day

30 Aug 2022 - Australian shares have clawed back some of yesterday's heavy losses despite another slump in global markets over the possibility of more aggressive US and European in…

ASX moves higher in morning trading

30 Aug 2022 - The ASX had a solid start to the trading session Tuesday, recovering some of yesterday's material fall. Japan jobless rate remains steady. US businesses more worried …

Technology stocks struggle in rising rate environment

30 Aug 2022 - US equities were lower in very quiet Monday trading. The week ahead will see investors focused on China’s PMI, the Eurozone CPI on Wed and the US jobs report on Frida…

ASX plunges post US Fed Chair comments: Aus shares close 1.95% lower

29 Aug 2022 - Shares on the ASX plunged lower on Monday following Fed Chairman Jerome Powell’s speech at Jackson Hole on Friday. He warned that rising interest rates will cause "so…

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