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Australian market expected to outperform as inflation concerns turn to earnings revisions

28 Jun 2022 - As a 'value' market with roughly 50% of market cap in value sectors like banks, miners and energy, Australia may continue to show some outperformance in relative term…

Best day since January: ASX closes 1.9% higher in broad rally

27 Jun 2022 - The Australian sharemarket had its best day since January after the ASX 200 jumped in a broad rally that lifted all eleven sectors. Financials and energy led the pack…

Lithium miners extend rally, Imugene soars on positive data: ASX up 1.7% at noon

27 Jun 2022 - The ASX has rallied this morning with all eleven sectors in the green. Materials are leading the pack, up 2.6 per cent, followed by energy, up 2.4 per cent. The secto…

Economic slowdown rather than recession fears buoys markets

27 Jun 2022 - Investors say the weakening economic data have sparked hopes that a slowdown could calm inflation, with hopes a a shift away from a very aggressive rates and inflatio…

Tech stocks and lithium miners reboot ASX, closes up 1.6% over the week

24 Jun 2022 - The Australian sharemarket posted its first two straight days of gains for the month and its best week since March 18, thanks to a rebound in technology and lithium s…

Rally in lithium miners and tech stocks, Energy weakness continues: ASX up 0.3% at noon

24 Jun 2022 - Australian technology shares have rebounded after the jump from the tech-heavy Nasdaq, and lithium stocks have come back with a fury. Energy is leading the fall, whil…

Nasdaq gains, Iron ore jumps 6%, Diverger, Centrepoint Alliance, Qantas on watch: ASX to open flat

24 Jun 2022 - Wall St jumps, gold slips, copper tumbles to a 16-month low while nymex crude is now off 14.6% from its recent peak on June 8. What to look out for on the ASX today.

REITS, healthcare rally as iron ore miners retreat: ASX closes 0.3% higher

23 Jun 2022 - Australian shares closed higher for the 2nd time this week despite investors' angst growing around the prospect of a slowdown in economic growth.

ASX hangs on to gains as iron ore & energy stocks lag, up 0.3% at 2pm

23 Jun 2022 - Australian shares have managed to hold on to gains led by real estate, healthcare and consumer staples as investors focused on RBA governor Philip Lowe’s view that he…

S&P 500 snaps two-day rally, BHP, Bowen Coking Coal, MLG Oz, ANZ Bank on watch: ASX to rise

23 Jun 2022 - Global markets were almost in a sea of red as commodity prices weighed on the major indexes. What to look out for on the ASX today.

ASX retreats on renewed risk aversion, closes 0.2% lower

22 Jun 2022 - The morning rally fizzled out on choppy trade after an optimistic finish from Wall St. The ASX 200 saw a high of 0.5% before ending the session almost near session lo…

ASX's short-lived rebound sparked by renewed recession fears, down 0.3% at 1pm

22 Jun 2022 - The Australian sharemarket’s rebound was short-lived, turning lower after trading as high as 0.5%. US futures fell as the optimism from Wall St’s jump fizzled out.

Wall St jumps, Humm, Janus Henderson, Lumos Diagnostics, AMP, Coronado Coal on watch: ASX to rise

22 Jun 2022 - US stocks rebounded as dip buyers emerged after the long weekend. Energy and miners led the rally on Wall St, Europe and ASX. What to look out for on the ASX today.

ASX stages big rally fueled by RBA-relief, closes 1.4% higher

21 Jun 2022 - Australian shares snapped a 7-day losing streak led by resource and financial stocks amid the US futures pointing to a rise as Wall Street looks to resume trade after…

Relief-rally, sparked by RBA boss says no local recession, Banks jump: ASX up 1.2% at noon

21 Jun 2022 - The ASX is set to snap a 7-day losing streak as investors were relieved that RBA governor Philip Lowe doesn’t see a local recession coming.

European banks rally, Iron ore falls 8%, RBA minutes, Graincorp, BHP, Zip Co on watch: ASX to rise

21 Jun 2022 - Wall St is closed for the Juneteenth holiday. Europe rebounded as dip buyers emerged, helped by banks and energy. RBA meeting minutes due. Five companies to keep an e…

PointsBet jumps nearly 19%, energy & miners tumble: ASX closes 0.6% lower

20 Jun 2022 - The ASX remained in negative territory throughout the afternoon session as the resources sector continued to weigh. At the closing bell, the S&P/ASX 200 was 0.6% or 4…

Iron ore futures drill miners lower, Energy weighs: ASX down 0.8% at noon

20 Jun 2022 - The ASX has fallen mid-morning, weighed down by the resources sector as investors mull on the prospect of tighter financial conditions. S&P 500 contracts turned lower…

Triple witching haunts Wall St, Oil falls 7%, Australian Agriculture, Qantas on watch: ASX to dip

20 Jun 2022 - Dow closed lower as Wall St falls to March 2020 levels. Iron ore prices eased against poor demand sentiment and weak steel margins. Oil prices slumped to a four-week …

ASX tumbles 7.1% over the week, its worst fall since March 2020

17 Jun 2022 - Australian shares sank again this week as recession fears continued to hit financial markets. The ASX 200 had its worst week since the pandemic started in March 2020,…

Tech leads broad sell-off yet gold stocks shine: ASX tumbles, down over 2% at noon

17 Jun 2022 - The ASX has tumbled this morning following Wall Street's fall overnight on heightened recession fears in the US. This comes after a renewed global sell-off as rising …

US mortgage rates surge to 5.87% their biggest move since 1987

17 Jun 2022 - Major indexes have notched big declines in 2022 as high inflation, rising interest rates and growing concerns about corporate profits and economic growth dent investo…

Relief rally fizzles for a 5th day: ASX closes 0.2% lower

16 Jun 2022 - Australian shares gave back its gains after the relief-rally was overshadowed by concerns of future aggressive interest rate hikes from the Federal Reserve to curtail…

Jobless rate steady at 3.9%, Tech & property jump, Bubs inks deal with Walmart: ASX up 0.5% at noon

16 Jun 2022 - Australian shares have advanced from the 2-day slump of this holiday-shortened week led by property and information tech stocks.

Federal Reserve's aggressive move to get ahead of the inflation curve

16 Jun 2022 - The Federal Reserve announced a 0.75% rate rise overnight, a move the market had almost completely priced in. Inflation and labour force data to be released this morn…

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