Morning report 04/06/2026 09:23

What Matters Today: Miners are carrying our market – who steps up next?

The ASX 200 traded above 8800 on Wednesday for the first time in four weeks as the miners and energy stocks pushed the index up +0.6% despite less than 45% of the main board closing higher. From a performance perspective, it was very much a case of “same story, different day” with BHP’s +2.4% advance, posting new all-time highs again, contributing ~60% of the main board's advance.

Afternoon report 03/06/2026 16:42

The Match Out: GDP miss fuels rate hold hopes, Megaport (MP1) takes a swing at AI

The market pushed higher as the day progressed, underpinned by weaker-than-expected GDP data bolstering hopes the Reserve Bank may hold off on further rate increases. The economy is slowing, the budget has knocked confidence, and it would be extraordinary if the RBA hiked in this environment – the market is slowly latching onto this view by the look.

Morning report 03/06/2026 09:34

Portfolio Positioning: Hedge Funds Are Circling the ASX with Northern Star (NST) in the Crosshairs

The ASX performed resolutely on Tuesday to reverse early triple-digit losses and end the day down just -0.1%. In line with the 2026 playbook, the heavyweight miners, ably supported by the tech stocks, largely offset weakness in the banks, rate-sensitive stocks and the broader market, which saw over 60% of the main board close lower on the day. It's becoming repetitive of late, but +1.4% rally by BHP Group (ASX: BHP), to another all-time high, combined with positive moves by RIO Tinto (ASX: RIO) and Northern Star (ASX: NST) to add 30-points to the index, but weakness in the banks, and in particular ANZ, Westpac and NAB was enough to take more than 20-points from the index.

Afternoon report 02/06/2026 16:46

The Match Out: ASX claws back early losses – tech leads the bounce as Fair Work spooks the consumer sector

The ASX had another volatile session, falling sharply in early trade before recovering the bulk of its losses through the afternoon. The market was caught between a strong lead from Wall Street's record highs and fresh uncertainty around the Middle East, with conflicting signals on ceasefire negotiations keeping oil prices elevated and broader sentiment cautious.

Alerts 02/06/2026 10:00

Trade Alert – Active Growth Portfolio

We are making two changes to the Growth Portfolio today.

Morning report 02/06/2026 12:36

What Matters Today: Have the ASX Tech Stocks Bottomed?

The ASX 200 struggled on Monday despite the bullish offshore leads from Wall Street - again, the Australian market remains more correlated to European bourses than the more widely discussed US peers. However, the local market managed to recover from early-morning weakness to end the first session of June marginally lower, as the miners again countered the ongoing weakness in the banking sector, primarily due to a 1% dip in Commonwealth Bank (ASX: CBA). With BHP Group (ASX: BHP) posting new all-time highs yesterday lunchtime and the “Big Four Banks” weighed down by concerns around the housing market post the budget, and high valuations compared to their international peers, we see no reason to fade the outperformance by the miners versus the banks:

Afternoon report 01/06/2026 17:03

The Match Out: ASX flat but tech fires up, RDY jumps on takeover bid

The ASX opened lower and chopped around for most of the day until a sustained upward move in the afternoon pulled the index back to close near flat. Belief in a potential US-Iran ceasefire continued to be hold firm despite a rebound in oil prices, though there was plenty of action under the surface. Technology was the standout sector, with local software stocks tracking the positive move in the U.S on Friday night, while Banks and Healthcare names dragged.

Morning report 01/06/2026 09:09

Macro Monday: Domestic Data Eases Rate Fears Despite Geopolitical Tensions

Over the past fortnight, the ASX has enjoyed some much-needed support from a welcome shift in the interest-rate outlook, with softer-than-expected employment and inflation data easing concerns that the RBA may need to tighten policy further.

Weekend report 30/05/2026 10:21

Weekend Q&A: The RBA finally looks set to provide some interest rate relief this week

The ASX200 ended the week surging +1.6% higher on Friday, turning around the market's fortunes to end the week up +0.9%, and up +0.5% for May - a clear demonstration that investors need to look through the volatile noise emanating from the US-Iran War. It was another week of sharp daily swings as markets rode the emotional roller-coaster of the conflict. However, sentiment improved into Friday after reports emerged that the US and Iran had agreed to a tentative 60-day ceasefire extension to allow further negotiations over Tehran’s nuclear program, raising hopes the three-month conflict may finally be moving towards de-escalation.

Afternoon report 29/05/2026 18:02

The Match Out: ASX surges as ceasefire sparks a broad peace dividend rally

The ASX 200 bounced back strongly today, recovering almost all of yesterday’s losses as reports of a tentative 60-day ceasefire extension between the US and Iran sparked a broad risk-on rally. Falling oil prices, easing inflation concerns and lower bond yields fuelled buying across the market, with Materials, Technology and Real Estate leading gains while Energy lagged as crude slipped to five-week lows.