Wednesday 21st May - Dow off -114pts, SPI up +52pts

21/05/2025

Wednesday 21st May – Dow off -114pts, SPI up +52pts

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Morning report 23/06/2025

Macro Monday: How could markets react to the US strikes on Iran?

Trump said he would take up to two weeks to decide on the US’s involvement in the Israel-Iran conflict, but it ended up being closer to two days after American bombers struck Iran’s three main nuclear sites.

Weekend report 21/06/2025

Weekend Q&A: The ASX goes into holding pattern ahead of the EOFY

The ASX200 finished last week down 0.5% in a lacklustre period on the index level that was characterised by tight ranges with an overall net downside bias as the proverbial “Can” was kicked down the road in the Israel-Iran conflict. The ongoing uncertainty in the Middle East helped the energy sector advance by +5.3%, while the materials sector was the standout loser, driven by gold and iron ore names. Elsewhere, it felt like we were starting to see early signs of jockeying for the tax man and book ruling off into the EOFY.