Our AU Market overview What happened The ASX 200 slipped 0.32% today as early gains faded, with investors responding to a more cautious tone from the Reserve Bank. Governor Michele Bullock noted that trimmed mean inflation is declining, but not as quickly as expected, signalling that any rate cuts are likely to be gradual. Financials […]
Our AU Market overview What happened The ASX 200 rose 0.69% today as strong gains in gold stocks and major miners drove the market higher, supported by a rally in iron ore prices after Beijing announced a US$170 billion stimulus package. Energy shares like Ampol also jumped on solid earnings results, while improved global sentiment […]
Our AU Market overview What happened The ASX 200 edged up 0.10% today as gains in major miners and select healthcare stocks helped offset continued weakness in the big banks, which remained under pressure after yesterday’s sharp sell off. Investor sentiment was supported by a positive lead from U.S. markets overnight and anticipation around the […]
SEEK posts solid guidance but faces disruption; Block joins the S&P 500. Here’s the news you need to know.
Hey Superheroes, It’s been a blockbuster week for markets with the ASX 200, S&P 500 and Nasdaq all hitting record highs. This rally comes even as U.S. inflation rose to 2.7% in June, up from 2.4% in May, with tariff-driven price increases starting to flow through. Trump’s tariffs are proving lucrative, raking in a record […]
PointsBet Holdings soars 44% amid all-cash takeover offer; Clarity Pharmaceuticals rises 2.05% after completing enrolment for a phase two study. Here’s the news you need to know.
Our AU Market overview The ASX 200 closed down slightly as investors reacted to escalating global trade tensions. Johns Lyng Group surged over 22% after announcing a takeover by Pacific Equity Partners, valuing the company at A$1.3 billion and offering shareholders A$4 per share in cash. Lynas Rare Earths surged over 16% due to a […]
Hey Superheroes, No rate cut just yet. The RBA kept the cash rate at 3.85% this week, surprising markets that had priced in a chance of a trim. The board held firm, citing a need for more inflation data before making any moves. Over in the U.S., Nvidia topped a US$4 trillion (A$6 trillion) market […]
Trump’s landmark tax bill passes as markets hit record highs. ASX sees biggest IPO. Get your 3-minute weekly dose of financial news.
Singular Health (ASX:SHG) just landed a US$1.3M commercial deal to scale its cloud-based medical imaging platform globally. Here's why this $100m ASX microcap matters.
Hey Superheroes, Markets kicked off the week cautiously as macro shifts met micro surprises. The ASX 200 hovered near 8,500, while the Nasdaq climbed to a record high on Tuesday and the S&P 500 came within a whisker of its all-time peak. On the stock level, standout names on both sides of the Pacific hit […]
Hey Superheroes, What an eventful week it’s been for global markets. Platinum hit a 10-year high, oil is up 20% for the month and uranium prices jumped 5% in a day – all driven by a mix of supply disruptions, geopolitical tensions and rising demand for energy and industrial metals. In the U.S., the Fed released […]