Xero (XRO)

10/11/2022

Latest Reports

Afternoon report 19/10/2026

The Match Out: Takeover fever lifts ASX as Cleanaway (CWY) and Challenger (CGF) surge

A strong day for the ASX, closing higher in a session where deal-making stole the show helping the broader market shrug off another bout of global technology jitters. Energy and financials supported the market, but technology stocks remained under pressure amid concerns over debt-funded AI investment while stronger-than-expected Chinese GDP growth offered some positive signs for the resources outlook, despite property investment continuing to slump.

Morning report 19/10/2026

Macro Monday: Bad news might just be good for the ASX

Thursday's employment data shocked the market and media alike, with employment falling by 39,300 compared to the 20,000 increase economists were expecting. Bad news for the government ahead of next month's Victorian State election, but a welcome reprieve for the RBA, with markets now pricing in only a ~40% chance of another 25bps rate hike before Christmas, although inflation could ultimately force their hand if oil prices keep rising. In 10 days, we get the September CPI (inflation data), which will go a long way in determining the next move on rates.