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Yayy - Iluka Resources (ILU)

Market Matters
[URL unfurl="true"]https://marketmatters.com.au[/URL]

"Local stocks rose for the second straight session, with banks up early and maintaining, after an impressive start to reporting season by their U.S counterparts. President Trump indicated a temporary reprieve from tariffs on imported vehicles and parts providing incremental hope that tariffs will be paused or adjusted in other areas. It looked to be a repeat of yesterday’s move with a consistent climb through the morning however the charge upward was met by the 7800 level, the index touching a high of 7798. A medley of results and company announcements from various sectors provided mixed messaging as the gains reversed into the afternoon, closing -38pts off the high.

The ASX200 rose +13pts/+0.17% closing at 7761
Healthcare (+1.34%), Financials (+0.48%) and Materials (+0.42%) in the winners circle.
Consumer Staples (-1.01%), Technology (-0.98%) and Real Estate (-0.94%) dragged.
RBA Meeting Minutes released 11:30am and all but locked in a rate cut next month saying May would be an “opportune time” to revisit policy settings.
The RBA board shared its concerns on tariffs that “could materially disrupt Australia’s economy with risk to the downside.. though we are entering from a position of strength with unemployment low and monthly inflation within the target range”."

[ATTACH=full]197595[/ATTACH]

<blockquote data-quote="finicky" data-source="post: 1326621" data-attributes="member: 2104">Yayy - Iluka Resources (ILU)Market Matters[URL unfurl=&quot;true&quot;]https://marketmatters.com.au[/URL]&quot;Local stocks rose for the second straight session, with banks up early and maintaining, after an impressive start to reporting season by their U.S counterparts. President Trump indicated a temporary reprieve from tariffs on imported vehicles and parts providing incremental hope that tariffs will be paused or adjusted in other areas. It looked to be a repeat of yesterday’s move with a consistent climb through the morning however the charge upward was met by the 7800 level, the index touching a high of 7798. A medley of results and company announcements from various sectors provided mixed messaging as the gains reversed into the afternoon, closing -38pts off the high.The ASX200 rose +13pts/+0.17% closing at 7761Healthcare (+1.34%), Financials (+0.48%) and Materials (+0.42%) in the winners circle.Consumer Staples (-1.01%), Technology (-0.98%) and Real Estate (-0.94%) dragged.RBA Meeting Minutes released 11:30am and all but locked in a rate cut next month saying May would be an “opportune time” to revisit policy settings.The RBA board shared its concerns on tariffs that “could materially disrupt Australia’s economy with risk to the downside.. though we are entering from a position of strength with unemployment low and monthly inflation within the target range”.&quot;[ATTACH=full]197595[/ATTACH]</blockquote>

[QUOTE="finicky, post: 1326621, member: 2104"] Yayy - Iluka Resources (ILU) [B]Market Matters[/B] [URL unfurl="true"]https://marketmatters.com.au[/URL] "Local stocks rose for the second straight session, with banks up early and maintaining, after an impressive start to reporting season by their U.S counterparts. President Trump indicated a temporary reprieve from tariffs on imported vehicles and parts providing incremental hope that tariffs will be paused or adjusted in other areas. It looked to be a repeat of yesterday’s move with a consistent climb through the morning however the charge upward was met by the 7800 level, the index touching a high of 7798. A medley of results and company announcements from various sectors provided mixed messaging as the gains reversed into the afternoon, closing -38pts off the high. The ASX200 rose +13pts/+0.17% closing at 7761 Healthcare (+1.34%), Financials (+0.48%) and Materials (+0.42%) in the winners circle. Consumer Staples (-1.01%), Technology (-0.98%) and Real Estate (-0.94%) dragged. RBA Meeting Minutes released 11:30am and all but locked in a rate cut next month saying May would be an “opportune time” to revisit policy settings. The RBA board shared its concerns on tariffs that “could materially disrupt Australia’s economy with risk to the downside.. though we are entering from a position of strength with unemployment low and monthly inflation within the target range”." [ATTACH type="full"]197595[/ATTACH] [/QUOTE]

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