Friday 24th May, Dow down -605pts, SPI off -83pts

24/05/2024

Friday 24th May, Dow down -605pts, SPI off -83pts

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Weekend report 13/12/2025

Weekend Q&A: Equities forge higher after the Fed & RBA cast their votes

The ASX 200 surged +1.2% on Friday, taking the local bourse to fresh 4-week highs as the miners continued to support the market. The index ended the week up +0.7% but it felt like more after the strong rally into the weekend saw the local bourse enjoy its best session in five weeks. The tech rotation story continues, but fortunately for the ASX, the influential miners have been major beneficiaries as commodity prices charge higher, led this week by silver and copper.

Afternoon report 12/12/2025

The Match Out: ASX up 1.2%, Best session in months, Commodities lead

The ASX had a great session to end the week, its strongest session in three weeks as a sharp rally in commodities – led by gold and copper, and support from the financials – combined with renewed optimism around US monetary easing, booking a third straight weekly gain, the longest run since August. Despite the equity strength, rate expectations remain in flux, with Citi now forecasting Australian rate hikes in February and May.