Skip to Content

US stocks rallied for the 4th straight session overnight as economic data continued to signal that the Fed is approaching the end of its current hiking cycle. The S&P500 closed above 4500 while the NASDAQ finds itself less than 3% below its 2023 high, at MM we are still targeting a break of 16,000 in the coming weeks/months by the NASDAQ which is no longer a big call as Treasury yields edge lower with investors taking a “bad news is good” approach embracing that a slowing economy will lead to a more dovish Fed.

scroll

Latest Reports

Weekend report

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.

Morning report

What Matters Today: Using ETFs to Hedge or Short Stock Markets

The ASX 200 slipped another 0.1% on Thursday, with the song remaining the same on the stock & sector level. CBA scaled new highs, trading through $183, while weakness in the large-cap iron ore miners was enough to ensure the index closed mildly lower.

what matters today Market Matters
Afternoon report

The Match Out: ASX resilient as missiles continue to fly

Another resilient session for the ASX, at the index level at least, with large cap, index heavy names continuing to find flows, though there was plenty of weakness across certain sectors, resources being an area that remained under pressure.

The Match Out Market Matters
Morning report

What Matters Today: Middle East uncertainty outweighs two Fed cuts in 2025

Wednesday saw the ASX200 close down 0.1% after rotating in another tight 0.4% range as the market remains in its “Middle East Conflict” holding pattern. The losers slightly beat the winners, with only two stocks moving by over 5%, illustrating the lacklustre nature of the day. At the sector level, weakness in the resources sector more than offset gains in tech, which we will examine later today

what matters today Market Matters
Afternoon report

The Match Out: ASX slides on weaker Commodities

The ASX bounced between positive and negative territory today amid a sharp sell-off in materials after iron ore hit a 9-month low but ultimately closed toward its lows of the days narrow ~30pt trading range.

The Match Out Market Matters
more
Back to top