NASDAQ 100 Index

21/01/2022

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Afternoon report 24/08/2026

The Match Out: ASX rises as BHP hits a record high and Materials surge

The local market started the week on stronger footing today, rallying sharply at midday before giving back some of the gains through the afternoon. The move was overwhelmingly driven by Resources, hitting a fresh all-time high as copper, lithium, uranium, gold and iron ore names rallied together as BHP pushed to a record high.

Morning report 24/08/2026

Macro Monday: Washington “needs” cheaper money & it’s great for our miners!

Last week saw Scott Bessent emerge as one of the most interventionist Treasury secretaries in financial markets in decades, putting his and the Treasury's credibility on the line in an effort to combat the damaging rise in US borrowing costs. On Wednesday, just two weeks after releasing its schedule for buying back older Treasury securities, the Treasury Department announced it would “at least double” its planned purchases of outstanding 10-year to 30-year debt.