MM is neutral on US stock's short-term

28/06/2024

MM is neutral on US stock’s short-term

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Morning report 12/05/2026

What Matters Today: Is Copper the New Oil — And Australia’s Lucky Break?

The ASX 200 delivered another disappointing performance on Monday falling 0.5%, failing to embrace another record breaking session by US equities on Friday night. The day was dominated by another painful downgrade by CSL Ltd (ASX: CSL) which saw the biotech hit 16%, its largest ever 1-day fall, contributing over 70% of the days decline - such was its dramatic fall that it overtook talk of tonight’s budget on many trading desks.

Afternoon report 11/05/2026

The Match Out: ASX gets hit early but recovers ground, CSL whacked on 4th downgrade in a year

The ASX started the week on the back foot today on renewed concerns around the Middle East conflict after President Trump rejected Iran's latest peace proposal over the weekend sending oil prices higher again.