Wednesday 20th November - Dow down -120pts, SPI off -6pts

20/11/2024

Wednesday 20th November – Dow down -120pts, SPI off -6pts

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Afternoon report 22/04/2025

The Match Out: ASX drops then pops, MQG sells global investment arm

After a four-day break over the long weekend, the ASX returned to trading this morning, following two sessions on Wall Street during its downtime. Australian futures markets remained closed through the break until 9:50am, opening down and trying to digest pent up sentiment from the weekend after US President Donald Trump criticised Federal Chair Jerome Powell for not cutting interest rates.

Morning report 22/04/2025

Macro Monday, on Tuesday: Trump’s focus on Jerome Powell creates further investor angst

Less than a month after “Liberation Day”, fresh economic data and growth forecasts are set to reflect increased consumer nervousness, both today and moving forward. The International Monetary Fund (IMF) will lower its outlook for economic growth with its updated projections released on Tuesday – the only question being how much.