Hey Superheroes, New Zealand clocked its sixth rate cut in 12 months this week slashing the cash rate to 3% – a fresh three-year low. It’s the first major central bank to blink, moving decisively as weak demand, rising joblessness and slowing growth pile on the pressure. Back home, earnings season is in full swing with […]
Our AU Market overview What happened The market ticked up by 1.13%, buoyed by robust earnings from industrials like Downer EDI, which hit a 52-week high. However IPH took a tumble dropping nearly 20% despite solid results as investors questioned growth sustainability. Global gains and stable commodities added a positive vibe. Why it matters for […]
Our AU Market overview What happened The market ticked up by 0.25%, showing resilience amid mixed earnings reports and global influences. Financials rebounded, counteracting a sharp drop in energy stocks, notably Yancoal’s 11.4% plunge. Consumer sentiment rose boosting discretionary stocks while expectations of future rate cuts added a positive twist. Why it matters for investors […]
Our AU Market overview What happened The market dipped 0.70%, weighed down by lacklustre earnings and company specific troubles. CSL led the charge south, plummeting 16.9% after announcing workforce cuts. Despite some tech and lending stocks showing resilience, they couldn’t buoy the overall market mood. Why it matters for investors This highlights the market’s sensitivity […]
Our AU Market overview What happened The market nudged higher, climbing 0.23% as investors cheered strong corporate earnings and positive economic signals. Lendlease, GPT Group and Aurizon Holdings led the charge, buoyed by upbeat financial results and strategic moves. Ampol’s surprising half year performance added to the optimism. Why it matters for investors This uptick […]
Our AU Market overview What happened The market reached new highs, climbing 0.73% as investors cheered a rate cut and falling unemployment. Standout earnings from healthcare and M&A activity, like Ampol’s acquisition, drove gains. However, Commonwealth Bank’s modest growth showed some sectors face high expectations. Why it matters for investors With supportive economic signals and […]
Hey Superheroes, The RBA just delivered its third rate cut this year, trimming the cash rate by 25 basis points to 3.60%. Inflation continues to cool, with headline inflation now at 2.1% and trimmed mean inflation sitting at 2.7% – both within the RBA’s target range. With private demand gradually recovering and real household incomes […]
Our AU Market overview What happened The market climbed to fresh highs, advancing over 0.5% as robust domestic data and strong corporate earnings bolstered confidence. The unemployment rate fell to 4.2%, with record high female participation and solid job growth while Pro Medicus surged over 6% on a 39% profit jump. Why it matters for […]
Our AU Market overview What happened The market edged up by 0.41%, reaching a record high of 8,880. This boost was largely driven by the RBA’s decision to cut rates by 25 basis points to 3.60% as easing inflation and a push to spur household spending took centre stage. The central bank flagged that while […]
Our AU Market overview What happened The ASX 200 climbed 0.43%, reaching new heights as optimism around an expected RBA rate cut tomorrow boosted sentiment. Gains were driven by resource giants and a surge in lithium stocks, while tech lagged due to weaker earnings reports. Why it matters for investors With the RBA expected to […]
Our AU Market overview What happened The market slipped 0.28%, with tech and financial stocks weighing heavily. Despite this, the materials sector shone, climbing 1.36% thanks to mining stocks riding high on strong commodity prices. Consumer discretionary names like Wesfarmers and JB Hi Fi hit multi year highs, showcasing resilience amid the broader dip. Why […]
Donald Trump’s sweeping new levies just kicked in hitting over 90 countries with import taxes as high as 50%. It’s the biggest U.S. tariff push in nearly a century, aimed at reshaping global trade, onshoring manufacturing, and punishing countries still trading with Russia. China, India, Canada and even Switzerland are on the list while tech […]