Wednesday 16th October - Dow down -324pts, SPI down -32pts

16/10/2024

Wednesday 16th October – Dow down -324pts, SPI down -32pts

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Latest Reports

Morning report 23/04/2025

Portfolio Positioning: Scott Bessent installs market calm after the Easter weekend’s ructions

The ASX200 slipped just 0.03% on Tuesday, a big win considering the Dow tumbled almost 1000 points on Monday night. However, the market internals weren’t as strong, with over 75% of the ASX200 closing lower, but when CBA surges +4.2% and BHP, Westpac & Macquarie play minor supporting roles, the local index will find it hard to fall far.

Afternoon report 22/04/2025

The Match Out: ASX drops then pops, MQG sells global investment arm

After a four-day break over the long weekend, the ASX returned to trading this morning, following two sessions on Wall Street during its downtime. Australian futures markets remained closed through the break until 9:50am, opening down and trying to digest pent up sentiment from the weekend after US President Donald Trump criticised Federal Chair Jerome Powell for not cutting interest rates.