Alerts 11/02/2025 15:02

Trade Alert – International Equities Portfolio

We are making changes to the International Equities Portfolio overnight.

Alerts 11/02/2025 10:05

Trade Alert – Emerging Companies Portfolio

We are making several changes to the Emerging Companies Portfolio today

Morning report 11/02/2025 09:44

What Matters Today: Can our miners follow Chinese stocks higher?

The ASX200 slipped -0.3% on Monday, a solid performance considering the weakness on overseas bourses on Friday night. The defensive end of town supported the local index, with the consumer staples, utilities and healthcare sectors the only three to advance, while tech spent a rare day in the naughty corner, falling 1.4%.

Afternoon report 10/02/2025 17:29

The Match Out: ASX tracks lower, JB Hi-Fi (JBH) reports well, just not well enough, CAR Group (CAR) misses & falls

The market opened on the back foot early, down ~70pts at the lows before recovering over half of the early decline to finish only ~100pts below the all-time high. Results season now kicks into gear and today is indicative of what we’ll see from now on; i.e. stocks that have run into results will need to deliver for the half and also in terms of guidance.

Morning report 10/02/2025 09:41

Macro Monday: US rate cuts look unlikely just as the RBA is set to move

The US jobs data released on Friday showed that the US labour market remains strong, increasing the odds that the Fed will remain patient on interest rate cuts. The more President Donald Trump threatens tariffs on the US’s trading partners, the more worry another inflation wave troubles global economists.

Weekend report 08/02/2025 09:53

Weekend Q&A: The Bulls remain in control despite the headlines

The ASX200 slipped slightly in the first week of February ending down -0.24% with the healthcare and utilities sectors weighing on the market while the tech and materials stocks helped limit losses. It was an overall turbulent week for stocks as earnings season kicks into gear. The prospect of lower interest rates, trade war jitters and resilient consumer spending added to the day-to-day volatility.  Local shares closed out the week flat with a negative tilt as traders remained cautious ahead of the US Payrolls report, which will influence the Fed's decision on interest rate cuts.

Afternoon report 07/02/2025 16:56

The Match Out: Choppy session ends mildly lower, Dominos & Nick Scali impress

A mildly softer end to a volatile week for equities that started on Monday with a ~2% decline on tariff concerns before recovering to knock-off on Friday afternoon only mildly lower – not a bad effort.

Morning report 07/02/2025 09:48

What Matters Today: What stocks should we hold if the RBA follow the Bank of England & cut rates?

The ASX200 surged towards new highs on Thursday as the buyers drove any resistance into submission throughout a day of relentless buying, with the rate-sensitive financials, consumer discretionary and real estate names leading the gains.

Afternoon report 06/02/2025 17:16

The Match Out: “Animal Spirits” hit the ASX

The bulls came to play today with the influential banks driving a strong session overall, pushing the ASX 200 back up through 8500, just ~50pts below all-time highs. The next catalyst has to be earnings as 1H25 results season kicks into gear. Suppose efficiency benefits put in since COVID dovetail in to a better economic outlook predicated on easing inflation, robust employment, good consumption and likely interest rate cuts.

Morning report 06/02/2025 09:48

What Matters Today: Are EV sales telling us to avoid lithium stocks in 2025?

The ASX200 bounced +0.5% on Wednesday and although it still finished well off its intra-day high it was an encouraging session for local stocks who shrugged off weak US futures, following Googles softer than hoped result.