TAG: ASX
USD/JPY breaks 150 as bulls eye 152, AUD/USD seems on track for 64c
Market Summary:US inflation data was broadly higher than expected, which triggered well defined move...
7 months ago
Australia’s ASX 200 vulnerable on shakeout of soft-landing bets
ASX 200 futures have broken uptrend support dating back to when the Fed pivoted away from rate hike...
7 months ago
ASX 200 afternoon report: 20 February 2024
The ASX 200 trades 10 points (-0.13%) lower at 7655 at 3.15pm AEDT. With US markets closed overnight for the Presidents' Day holiday, the ASX 200 was left to its own devices today, taking its lead from earnings reports and a hawkish set of RBA meeting min...
7 months ago
ASX 200 afternoon report: 2 April 2024
The ASX 200 trades 22 points (-0.28%) lower at 7874 at 3.20pm AEDT. The ASX 200 has reversed lower this afternoon, retreating from the fresh record high of 7910.5, it struck this morning after trading resumed from the Easter mini break. Headwinds from Wa...
6 months ago
ASX 200 afternoon report: 9 April 2024
The ASX 200 trades 40 points (+0.52%) higher at 7829 at 3.20pm AEDT. Over the first quarter of 2024, iron ore plummeted by approximately 28%, from nearly $144 per ton to $100 per ton. This placed a heavy burden on the major miner stocks. However, it also...
6 months ago
ASX 200 afternoon report: 16 April 2024
The ASX 200 trades 141 points (-1.82%) lower at 7611 at 3.00pm AEST. ASX 200 has experienced a significant downturn, mirroring the intensity of the sell-off witnessed in March 2023 when the eagerly awaited China reopening trade abruptly failed. During tha...
6 months ago
ASX 200 afternoon report: 17 April 2024
The ASX 200 trades 4 points (0.06%) higher at 7616 at 3.00pm AEST. A bruised and battered ASX 200 is on track to limp over the finishing line in positive territory today, snapping its four-day losing streak. The four-day sell-off, which at yesterday's low...
5 months ago
ASX 200 afternoon report: 23 April 2024
The ASX 200 trades 33 points (0.45%) higher at 7,683 at 2:00pm AEST. ASX 200's volatile journey The ASX 200 has extended its spirited fightback into a second session this week after a wrecking ball ripped through the local market last week. At Friday's lo...
5 months ago
Asia Day Ahead: Nikkei bounces, ASX finds support from 200-day MA
Asia Open The Asian session looks set for a recovery from Monday’s carnage, with Nikkei +9.40%, ASX +0.03% and KOSPI +4.32%. Higher-than-expected US services Purchasing Managers' Index (PMI) may offer some calm amid hard landing jitters, with the data pro...
2 months ago
Asia Day Ahead: ASX 200 recovers, STI bounced off trendline support
Asia Open The asian session looks set for a steady start in today’s session, with ASX +0.06%, KOSPI +0.54% and NZX +0.28% at the time of writing, as the dust seems to settle after a turbulent week. Japan’s market is closed for holiday today, which may bri...
2 months ago
Asia Day Ahead: Cautious lead-up in place, Australia’s inflation on watch
Asia Open The Asian session looks set for a weak start in today’s session, with Nikkei -0.07%, ASX -0.10% and KOSPI +0.18% at the time of writing. Overnight, Wall Street traded the way as expected – a subdued session reflecting a cautious lead-up to Nvidi...
1 month ago
ASX 200 plummets as Wall Street losses and weak AU GDP hint at RBA rate cuts
The ASX 200 trades 151 points (-1.87%) lower at 7951 at 1.00pm AEST. Wall Street declines overshadow soft GDP growth Despite another quarter of sluggish economic growth suggesting that Reserve Bank of Australia (RBA) interest rate cuts might be on the hor...
1 month ago
Asia Day Ahead: Risk-on mode prevails post-Fed, ASX at record high
Asia Open Having digested the recent Federal Reserve (Fed) meeting, a decisive pivot to support the labour market and strong reassurances for a soft landing from policymakers have seen buyers stepping up, with the S&P 500 and DJIA scaling to fresh rec...
3 weeks ago