Last Financial Year

Editors Choice

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

Reports Section

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

Reports Section

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…

Marcus Weekend

Box 3

Dow Jones up 285 points (+0.84%). Up 345 at best. Up 148 at worst. NASDAQ +1.45%. S&P 500 +1.24%. One newswire describes 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 the ASX…

Diary this Week

Box 1

MAIN EVENTS US Markets are on holiday on Tuesday July 4th and close early on Monday. A lot of Americans are on holiday this week. RBA Interest Rate Decision Tuesday. FOMC Meeting Minutes Thursday. US Nonfarm Payrolls and Unemployment Rate Friday. ECONOMICS Australia – Building Permits Monday and Balance of Trade Thursday.  US – Manufacturing…