MM remains bullish the ASX and keen buyers of pullbacks

25/08/2021

MM remains bullish the ASX and keen buyers of pullbacks

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Morning report 25/06/2026

What Matters Today: Is It Time to Forgive CSL (ASX: CSL) and Reconsider the Healthcare Sector?

The ASX 200 rebounded 0.2% on Wednesday as ASX software names benefited from rotation out of Asian chipmakers, on what felt like a first for 2026, with gains the most aggressive where losses have been the steepest: WiseTech Global (+14%) and Xero (+9%). The toughest call at the moment is whether we are seeing some meaningful reversion, or simply ongoing EOFY book squaring.

Afternoon report 24/06/2026

The Match Out: ASX snaps four-day skid as mixed CPI keeps RBA’s August hike alive

The local market broke a four-day losing streak today, with the ASX 200 grinding higher as investors weighed a mixed May inflation print. Headline CPI cooled to 4% — softer than the 4.3% expected, largely on falling fuel prices — but the RBA's preferred trimmed mean measure accelerated to 3.6%, above forecasts, keeping underlying inflation pressures alive. The Aussie dollar slumped to an 11-week low before paring losses, as markets turn to Thursday's jobs report and an evening speech from RBA deputy governor Andrew Hauser for the next steer on policy.