The Match Out: Stocks rally as interest rate Hawks fall on their sword

A positive session for the ASX, though the best of it was seen early keying off a great move yesterday and positive flows in the US overnight, as the markets has quickly priced in the prospect of a rate cut in Australian this year, but probably more important, no further rate hikes. UBS changed their forecast this morning from a hike in August to no change, while Futures are now pricing a 63% chance of a cut before Santa arrives. In the US overnight, the Fed pretty much confirmed a September cut. In July the Fed said they needed to be more confident inflation was on the right track, overnight they said they ‘had’ more confidence that inflation was on the right track, laying the foundation for a move.

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Morning report 11/02/2026 09:43

Portfolio Positioning: Eyes down as reporting season kicks into gear

The ASX200 surrendered its early gains on Tuesday to end marginally lower after being up almost 60-points early in the session. Eight of 11 local sectors ended the session higher, as strong miners, energy, and IT stocks offset a 1.1% slump in the financial sector, with the insurers weak and bank selling gathering momentum during the day.

Afternoon report 10/02/2026 16:58

The Match Out: Insurance stocks become latest AI casualty as ASX edges lower

A mixed session for the ASX played out under the hood today with tech the clear standout and miners remaining firm after a strong start to the week as the bourse closed on the low of the day and almost +60pts from its high. Insurance stocks were hit as fresh fears emerged around AI disruption in the insurance-broking industry, with banks following suit into the afternoon.

Morning report 10/02/2026 09:36

What Matters Today: President Trump may be about to create a tailwind for US housing

Monday saw the currently fickle ASX 200 surge +1.9%, its best trading day since April, just one session after it plunged 2%. Yesterday’s gains were broad-based with all 11 sectors advancing along with 90% of the stocks, while the tech, real estate and materials sectors all gained by 3% or more.

Afternoon report 09/02/2026 16:59

The Match Out: Tech & Miners lead ASX bounce in best session since April ‘25

The ASX staged a sharp relief rally today, with the main board chalking up its strongest single day move since April 25. The move followed last week’s aggressive sell-off and was driven by dip-buying across technology and resource stocks, with all 11 sectors higher.

Morning report 09/02/2026 09:31

Macro Monday: Astronomical AI spending reverberates through global equities

What a week. Markets ran for cover as fears mounted that artificial intelligence (AI) could render many software business models redundant, or at least sharply devalue them. The issue was compounded by the fact that many of these software names were trading on lofty valuations in the anticipation of unrelenting growth. The potential risk of contraction compared to expansion has seen numerous household names halve in value over the last 6 months, from Xero and WiseTech on the ASX to Atlassian and Adobe in the US.

Weekend report 07/02/2026 10:06

Weekend Q&A: Volatility surges & reporting season is only getting started

The ASX 200 ended a volatile week down -1.8%, but it felt far worse on Friday when the index tumbled more than 2% - at least it should recover half of those losses on Monday morning. We received a rate hike last week, but it hardly registered with investors, focusing on three major themes: • The disruption by AI across the software sector, with negative sentiment spreading to tech in general. • Profit-taking in the commodity markets with silver plunging over 16% in just a matter of hours. • Risk off in general with Bitcoin plunging to its lowest level since late 2024.

Afternoon report 06/02/2026 17:25

The Match Out: Market hit ~2% – How MM is thinking about Tech as we end a tough week!

The ASX was hit hard today, with its sharpest fall in nearly three months after heavy losses in US tech overnight, a fresh leg down in commodities and a violent unwind in crypto combined crushed global risk appetite.

Alerts 06/02/2026 09:54

Trade Alerts – Active Growth Portfolio

We are amending the growth portfolio.

Morning report 06/02/2026 09:48

ETF Friday: Looking at the market’s volatility through the eye of an ETF lens

The ASX 200 had a fairly quiet day at the index level, while at the stock/sector level, it was like Guy Fawkes night, with fireworks flying in every direction. Thursday's session saw further aggressive selling across the high-flying resources, while some recently out-of-favour stocks came back into favour as selective bargain hunting played out across the ASX. Perhaps some switching/rotation is taking hold as commodity prices look to cool.

Alerts 05/02/2026 21:08