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Market Reports

Powell says 1970s-style inflation is unlikely, Why Sonic Healthcare is a hold: ASX to dip

23 Jun 2021 - In this report I cover Wall St's performance following Federal Reserve Chairman Jerome Powell's testimony to the House Select Subcommittee, a wrap up of yesterday’s l…

Healthcare bucks positive sentiment: Aus shares close 1.5% higher

22 Jun 2021 - The ASX200 continued its run in positive territory in the afternoon session to repair damage sustained on Monday. The upward movement reflected positive US investor s…

ASX rebounds from Monday blues: Aus shares trading 1.4% higher

22 Jun 2021 - The ASX200 staged a major comeback from Monday’s blues and recouped most losses from the previous session, in accordance with an optimistic handover from Wall Street …

Wall St snaps back on energy & banks, Why Rio is a sell: ASX to rise

22 Jun 2021 - In this report I cover Wall St's performance and a recap of the Fed's movements in the past week to give you a sense of its snap back. Yesterday the local bourse slum…

Healthcare stems red tide: Aus shares close 1.8% lower

21 Jun 2021 - The Australian sharemarket’s decline eased up in afternoon trade, partially bouncing back from a slump of 2.1 per cent. The afternoon session’s partial recovery could…

Inflation panic erases 3 weeks worth of gains: Aus shares trading 1.9% lower

21 Jun 2021 - The Australian sharemarket plunged at the open and descended below the 7300 mark during morning session, following pessimistic leads from Wall Street overnight. Wall …

Taper-talk tumbles Wall St, Why Zip Co is bullish: ASX to fall

21 Jun 2021 - In this report, I cover Wall St's performance on Friday while touching on their weekly performance following US Fed Reserve James Bullard's inflation comment during h…

ASX extends advance run to 5 weeks: Aus shares close 0.1% higher

18 Jun 2021 - The ASX200 maintained strong form throughout the day, piercing past the 7400 mark in the morning session before wrapping up the trading week on a positive note. This …

Tech & health stocks eclipse mining decline: Aus shares trading 0.6% higher at noon

18 Jun 2021 - The Australian sharemarket started on a weak note but has since then bounced back to ignore negative hints from Wall Street. Infotech and Healthcare neutralised the d…

ASX to defy lackustre Wall St: Aus shares to open higher

18 Jun 2021 - The Australian sharemarket is poised to bounce back from yesterday’s lows, in contrast with Wall Street’s lacklustre signals. The Dow Jones Industrial Average extende…

ASX reacts after Fed signals policy tightening: ASX closed 0.4 per cent lower

17 Jun 2021 - The Australian sharemarket snapped its four-day winning streak as investors were sunk down by the raft of news from central banks in the US and at home. At the closin…

Jobs surge as jobless rate dives 5.1%, Why Ords rates Praemium as a buy: ASX tracking 0.3% lower

17 Jun 2021 - In this report we cover the ASX's performance following Wall St's dip on US Fed's comments. Wealth platform providers are taking the spotlight. Ords raises its price …

US Fed signals 2 rate rises by end of 2023, Why Seek is a buy: ASX to lift

17 Jun 2021 - In this report, I cover Wall St's performance following the US Federal Reserve bringing forward expectations on interest rate hikes, yesterday's local bourse activity…

Late drama ends with green as victor: Aus shares close 0.1% higher

16 Jun 2021 - The ASX200 decelerated its advance and slipped from its record intraday high of 7406 after lunchtime, before seesawing between the buy and sell zones in the last hour…

Energy surge overpowers tech slump: Aus shares trading 0.4% higher at noon

16 Jun 2021 - The Australian sharemarket defied a pessimistic handover from Wall Street to charge ahead at the open, reaching an all-time intraday high of 7401 at 11.26am. Gains by…

US stocks snap 3-day streak, Why Macquarie prefers Coles over Woolies: ASX to dip

16 Jun 2021 - In this report, we cover a wrap up of Wall St’s performance ahead of the Federal Reserve meeting. A wrap up of yesterday's session, why Macquarie prefers Coles (ASX:C…

Blue-chips form backbone of Monday rally: Aus shares close 0.9% higher

15 Jun 2021 - The Australian sharemarket accelerated on momentum throughout the afternoon session, erasing records to wrap up trade at an all-time high and extending the positive r…

Gold stocks let rally team down: Aus shares trading 1% higher at noon

15 Jun 2021 - The Australian sharemarket extended Friday’s advance and ascended to record levels in the Monday morning session, hitting the highest ever intraday peak of 7392 befor…

Nasdaq gains as tech stocks jump, why Universal Biosensors is a buy: ASX to lift

15 Jun 2021 - In this report, we cover a wrap up of Wall St’s mixed performance ahead of the Federal Reserve meeting. A weekly overview of the ASX last week, why Universal Biosenso…

ASX extends gaining streak to four weeks: Aus shares close 0.1% higher

11 Jun 2021 - The ASX200 extended its rebound from the morning session’s early losses and maintained momentum after midday. The IT and mining sectors offset the decline by financia…

Tech & mining rally overpowers banking slump: Aus shares 0.3% higher at noon

11 Jun 2021 - The Australian sharemarket extended the week’s volatile trend and fluctuated between the buy and sell zones during Friday’s morning session. Despite a positive start,…

US investors ignore inflation indicator: Aus shares to open higher

11 Jun 2021 - The ASX200 is slated to rise at the open, following positive direction from Wall Street overnight. Despite a hotter-than-predicted hike in the US consumer price index…

ASX resets record high to close above 7,300 for the first time: Aus shares close 0.5% higher

10 Jun 2021 - The ASX stayed in positive territory throughout the session to close at a fresh record high at 7,302. Mining heavyweights closed mixed with Fortescue Mining (ASX:FMG)…

IRESS (ASX:IRE) deny media speculation, Morgans rates Brickworks: ASX tracking 0.5% higher at noon

10 Jun 2021 - The ASX is off to a positive start with a broad-based advance with Energy pressuring the index following Wall Street’s weak lead as investors await inflation figures …

Wall St treads water ahead of inflation figures, Why Altium is a buy: ASX to open flat

10 Jun 2021 - Today's report covers Wall St's performance as investors await more inflation figures. A wrap up of Wednesday's session on news of China's inflation reading. An expla…

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