The Match Out: ASX in mixed trading with US Govt shutdown now likely

Afternoon report 01/10/2025 17:08

The Match Out: ASX in mixed trading with US Govt shutdown now likely

The ASX chopped around today, ultimately finishing down a few points with pundits blaming the U.S. government standoff, however we’ve been here before and it rarely creates a large volatility spike – never say never, but it’s generally more about political posturing.

Morning report 01/10/2025 09:23

Portfolio Positioning: The RBA is leaving the ASX to its own devices

The ASX200 slipped 0.2% on Tuesday after the RBA and Michele Bullock threw a wet towel over the “Rate Cut Party”, although she really only maintained her logical, cautious narrative.

Afternoon report 30/09/2025 17:26

The Match Out: ASX slips as RBA holds rates steady

The ASX opened firmer but reversed course after the RBA left rates unchanged at 3.6% and warned that near-term inflation may be stronger than expected, dampening hopes for easing in the short-term.

Morning report 30/09/2025 09:15

What Matters Today: Three AI stocks Taking on the “Magnificent Seven”

The ASX 200 put in a stellar performance on the penultimate day of September, advancing by +0.9% and reducing the month's decline to 1.2% with just today remaining. Gains weren't overly broad-based, with less than 60% of the main board closing higher, but when the “Big Four Banks” advance on average more than 1.8% the index is almost guaranteed to rally, and when it's supported by the influential healthcare names, and a rampant gold sector, gains become magnified ultimately delivering the best day since September the 4th.

Afternoon report 29/09/2025 17:14

What Mattered Today: Strong gain by the ASX ahead of RBA rate decision tomorrow

A bullish start to the week with the ASX outpacing gains seen in the US on Friday evening – the index getting the bit between its teeth from the opening bell, holding onto the gains as the day progressed.

Morning report 29/09/2025 09:00

Macro Monday: Will October deliver its traditional volatility?

The timing is striking: October is just days away, and the U.S. faces yet another potential government shutdown. If it occurs, key releases such as next Friday’s September jobs report would be delayed. Historically, shutdowns tend to inject short-term volatility but rarely have a lasting market impact, as they are often averted at the last minute or resolved quickly, a fitting backdrop for October’s reputation for turbulence.

Weekend report 27/09/2025 09:31

Weekend Q&A: The resource stocks prop up a lacklustre market

The ASX200 snapped a 3 week losing streak up +0.2% although the broad market was soft with 8 of the main 11 sectors closing lower. However, a stellar +5.9% advance by the influential materials sector was enough to see the local bourse close higher, even as global indices experienced a rare dip for 2025. This recent sector rotation into the miners will be challenged early next week following a dip by BHP in the US on Friday night.

Afternoon report 26/09/2025 18:29

The Match Out: Miners lead the way as ASX shrugs off US weakness

The ASX clawed back early weakness on Friday down about ~25pts early but rebounded strongly with a +40pt rally, edging into positive territory as strength in miners and the big banks offset heavy losses across healthcare, though only four of eleven sectors ended in the green.

Morning report 26/09/2025 09:28

ETF Friday: ETFs for commodities exposure as the sector surges higher

The ASX 200 closed up +0.1% on Thursday, but it was a very polarised performance under the market's hood, with 8 of the main 11 sectors retreating, with some standout performances across the resources space required to hold the index in positive territory.

Afternoon report 25/09/2025 16:53

What Mattered Today: Copper stocks surge as the market tightens

Copper stocks were the place to be today, with the sector rallying strongly following production issues at Freeport McMoran’s Indonesian operation, with no clear time frame for resumption. The move in Copper (+4%) highlights how tight the global market is for this critical input, highlighting why we remain bullish over the medium term. Stocks with exposure here from Sandfire (SFR) +7.6% to Aic Miners (A1M) +9.7%, Capstone (CSC) +10.8% and even BHP +3.6% led the line today, mirroring moves seen across copper companies globally. Elsewhere, banks were mildly better after a tough session yesterday, while the market recovered nicely from early morning weakness, the finish up 35 points from the morning lows.