Weekend report 13/06/2026 08:35

Weekend Q&A: Bulls back in control

After a shaky start to the week, the ASX200 finished with a flourish, rallying 2% on Friday to end the week up 1.4% as risk appetite returned. Following several sessions dominated by geopolitical headlines, the ASX delivered its strongest weekly gain in two months as markets embraced the prospect of a US-Iran peace deal and the accompanying pullback in oil prices, which reversed more than US$10/barrel from their weekly highs. The gains were driven primarily by rate-sensitive sectors, with Consumer Staples (+9%), Consumer Discretionary (+8%), Healthcare (+7%) and Real Estate (+5%) leading the charge. The winners' enclosure was also dominated by underperformers as investors went bargain hunting into EOFY, while the laggards had a distinctly gold and uranium flavour.

Afternoon report 12/06/2026 16:46

The Match Out: ASX surges almost 2% for its best session since April as Trump flags ‘imminent’ Iran deal

The ASX finished the week with its strongest session since April, surging almost 2% on the day after US President Donald Trump suggested a deal with Iran could be signed as soon as this weekend. The move wasn't confined to a handful of stocks with around 85% of ASX 200 companies closing higher on the session.

Morning report 12/06/2026 09:08

ETF Friday: Don’t Fear the Dip – Four Global Equity ETFs MM likes into Weakness

For the 3rd consecutive session, the ASX200 opened on its lows only to defy the bears and news headlines to drive higher. If it weren't for the “Big Four Banks” tumbling ~2%, the index would have closed up on the day, with the four pillars taking more than 40-points off an index that only slipped 20-points.

Afternoon report 11/06/2026 16:47

The Match Out: Same story, different session – ASX drops then rallies through the day

The ASX spent much of today proving a point that has become increasingly apparent over recent weeks – investors are prepared to look through the headlines. Fresh US strikes on Iranian targets overnight initially sparked another risk-off move across global markets, sending oil higher, pushing the Aussie dollar to a two-month low and weighing on growth stocks.

Morning report 11/06/2026 11:56

What Matters Today: Lithium’s Big Rally: Is a Gold or Bitcoin-style correction around the corner?

The ASX 200 enjoyed another solid performance on Wednesday, trading lower in the first hour before again pushing up throughout the session to finish the day up +0.6%. The local bourse has delivered consecutive strong intra-day performances, despite headwinds from overseas markets, with US S&P futures trending lower while we pushed higher, daring us to question if the ASX has finally regained its mojo?

Afternoon report 10/06/2026 16:56

The Match Out: ASX looks through US-Iran tensions to close higher, Steadfast (SDF) jumps on $6.7bn takeover bid

The ASX pushed higher today despite another round of US-Iran hostilities overnight, with investors continuing to look through the latest developments in the Middle East and instead focusing on the broader trajectory of negotiations.

Morning report 10/06/2026 09:35

Portfolio Positioning: The ASX shrugs off Consumer Confidence, testing multi-decade lows

The ASX showed impressive resilience on Tuesday, reversing early triple-digit losses to finish down just 0.21%, in a near carbon copy of the previous week's price action. The broader market was healthier than the index implied, with fewer than 40% of stocks on the main board closing lower. However, the heavyweight miners continued to cause a significant drag, with BHP alone effectively accounting for all of the ASX200's decline. As June 30 approaches, some profit-taking and performance reversion are beginning to emerge across one of the market's standout-performing sectors.

Afternoon report 09/06/2026 16:41

The Match Out: ASX shakes off a rough start as defensives shine and miners stay under the pump

The ASX spent most of today digging itself out of an early hole, with the market initially rattled by Friday night's strong US payrolls report before steadily recovering through the session. After falling sharply at the open, buyers gradually returned and by the close the index had trimmed the bulk of its losses - the market remains willing to buy weakness despite ongoing uncertainty around rates.

Morning report 09/06/2026 09:31

Macro Monday on Tuesday: There’s plenty of cash in them hills – where will it go?

We read an interesting article in the Australian Financial Review (AFR) over the weekend, by Macquarie’s Viktor Shvets, around how to “play broken bubbly markets”. It was a good read by the well-respected Global Strategist, but the paragraph that caught our attention was around liquidity, one of the reasons MM has remained bullish towards global equities in 2026 - remember most major indices have enjoyed a solid albeit volatile year.

Weekend report 06/06/2026 09:11

Weekend Q&A: Stocks are set for a test after the long weekend as US bonds retreat

The ASX 200 fell 1.2% for the week as weakness in Financials (-2.1%) and Materials (-2.4%) offset a strong rebound in technology stocks. The ASX Tech Sector surged 7.7%, led by Pro Medicus (+25%), Megaport (+23%) and WiseTech Global (+11%), as investor concerns around AI disruption eased. Market sentiment remained cautious amid escalating US-Iran tensions, falling iron ore prices and ongoing softness in the Australian property market. Miners, banks and gold stocks were among the worst performers, while investors increasingly rotated towards defensive sectors. A stronger-than-expected US jobs report late in the week pushed bond yields higher and reignited concerns that the Federal Reserve may need to keep interest rates elevated. The NASDAQ fell 4.8%, its sharpest decline since April 2025. Looking ahead, US CPI data will be the key focus. A softer inflation reading could support growth and technology stocks, while a stronger result may pressure rate-sensitive sectors and reinforce expectations of further policy tightening. SPI Futures currently suggest the ASX 200 could open around 1.3% lower when trading resumes.