End Of Day Report Tuesday

The ASX 200 rallied 33 points to 7279 (+0.5%), bouncing back from 7,232 lows following the RBA’s decision to hold rates at 4.1%. The Aussie dollar fell 0.2% to 66.58c, and the 2Y yield was virtually unchanged, up 1bps. Gold miners are happy, buoyed by stronger bullion prices. EVN up 1.8%, NST gained 1.6%, NCM…

Pre-Market Report Monday

Dow Jones up 285 points on Friday (+0.84%). Up 345 at best. Up 148 at worst. NASDAQ +1.45%. S&P 500 +1.24%. One newswire described the last day of the half-year as the “Cherry on Top”. SPI Futures are up 29. The ASX 200 was up 104 points or 1.47% last week. The Tech sector led…

Henry’s Take Monday

SUMMARY  A look at one that Adam Dawes talked about on the latest podcast. UMG taps home for another Harry Kane winner. A11 – DFS a little disappointing last week. Presentation to come today. Usual US check-Ins. The Kennel Club in session.  3.00 pm Update Good push in LRS continues. AGY joining the fun following…

Last Financial Year

The end of the Financial Year and the scores on the doors show the ASX 200 up 9.67%. Got to say, it's a bit flattering because the timing of the beginning of the financial year was just after a 13.8% market correction. If you had included last June 2022 in the calculation, then the ASX…

Midday Report Monday

MARKET AT MIDDAY The ASX 200 continues its rally into the new financial year up 21 points to 7225 (+0.3%) at midday ahead of the RBA interest rate decision tomorrow. The consensus is that Lowe will hold rates following softer-then-expected CPI numbers last week. To read Marcus' EOFY breakdown, CLICK HERE. Aussie bond yields moving higher, 10Y yield up10bps, 2Y yield up 10bps.…

End Of Day Report Monday

ASX 200 closed up 43 points to 7246 (+0.6%), supported by a rise in commodity prices, starting the new financial year off in the positive, extending gains from the previous session. At best ASX 200 up 51 points, at worst down 4 points. The Gold sector performed well today supported by the rise in bullion…