The British Pound (GBPUSD)

07/07/2025

The British Pound (GBPUSD)

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Afternoon report 30/03/2026

The Match Out: ASX down, though buyers step up into Monday’s weakness (again)

While the market closed lower again today, which is becoming a feature of recent Mondays, the weakest part of the session was behind us early. Headline-driven selling dominated at the open, pushing the ASX 200 down toward ~8380, but that weakness was steadily absorbed as the day wore on, with buyers stepping back in and the index grinding around 70 points off its morning lows by the close.

Morning report 30/03/2026

Macro Monday: The Iranian War is starting to challenge investors’ nerves & logic!

Markets remain fascinating at present, though an undercurrent of nervousness and confusion is clearly building. President Trump had previously “jawboned” both oil and bond markets into holding relatively firm in anticipation of a resolution, but that influence now appears to be fading. Headlines that would have supported risk assets only weeks ago are increasingly being largely ignored.