Fortescue Metals (FMG)

11/11/2021

Latest Reports

Afternoon report 09/11/2026

The Match Out: ASX edges higher as miners rebound, ANZ result weighs on banks

Australian shares managed a modest gain after a choppy session as a rebound in miners and technology helped offset pressure on banks and property stocks, with the market still navigating the fallout from last week’s sharp AI-led sell-off on Wall Street. ANZ was the major drag after a softer full-year result which triggered selling across the Big Four, while gold and copper strength supported a recovery across parts of the resources sector.

Morning report 09/11/2026

Macro Monday: What’s next after the RBA Rate Hike and US Blue Wave?

The storming victory by the Democrats in the US, taking both the House and Senate, was largely expected, although the emphatic nature of the result surprised many. It led to investors reassessing the risks around the AI infrastructure buildout - the “picks and shovels trade” was literally hammered.