Global X Copper Miners ETF (COPX US)

07/04/2025

Global X Copper Miners ETF (COPX US)

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Morning report 10/04/2026

ETF Friday: Four ETFs Caught in the AI Crossfire – Winners and Losers

The ASX 200 recovered from early losses to close up +0.2% on Thursday taking the market to its highest close since March 3rd, just as the Iran war broke out. Over 55% of the main board closed lower on the day but a strong session by the banks was enough to push the index higher, shrugging off steep losses across the software stocks after Anthropic launched Claude Managed Agents and Meta unveiled a new AI model - the “AI Disruption Trade” reared its head again causing indiscriminate selling in the local Tech stocks, sending the sector down another -6.5%.

Afternoon report 09/04/2026

The Match Out: ASX holds firm as tech retreats and energy bounces

The ASX 200 edged higher today, extending the relief rally sparked by the Iran ceasefire announcement yesterday morning, though gains were modest as investors continued to weigh the fragility of the agreement and the ongoing disruption to traffic and oil flows through the Strait of Hormuz. The mixed tone across sectors reflected that backdrop, with energy leading gains while technology stocks gave back some of their strong advances from the prior session.