What Matters Today in Markets - Tuesday 2nd August

02/08/2022

What Matters Today in Markets – Tuesday 2nd August

Subscribe to Market Matters Blog

Latest Reports

Morning report 17/12/2025

Portfolio Positioning: A Christmas rally is running out of time

The ASX 200 dropped 0.4% on Tuesday, reversing early gains as the tech and energy sectors led the decline, falling by 2.5% and 2.2%, respectively. However, it was the miners that dragged the index lower, with the materials sector contributing more than 40% of the drop as profit taking rolled across the space. The selling was triggered on two fronts as global investors adopted an “if in doubt, get out” approach ahead of key US jobs data, and of course, Christmas.

Afternoon report 16/12/2025

The Match Out: ASX slips, more pain for Tech

The ASX slipped into negative territory through the session as early strength in the banks was offset by sharp weakness across technology and energy stocks. Investors remained cautious ahead of delayed US labour market data for October & November due tonight, which could shape expectations for further Federal Reserve rate cuts into 2026.