Tomorrow's trading on the ASX?

[noirua]

Monday's opening is likely to be affected by the Israel/ Iran conflict that sent gold down from its high point on Friday followed by Bitcoin. The American indexes all fell away in late Afternoon.

April 14, 2024 - Iran's attack on Israel

Israel's war cabinet meeting ended Sunday without a decision on how Israel will respond to Iran's attack, an Israeli official said. The cabinet is determined to respond -- but has yet to decide on the timing and scope, the official said.

edition.cnn.com

‘Serious escalation’: World reacts to Iran’s drone, missile raids on Israel

Leaders express fear conflict could lead to further escalation in region, calling for all sides to exercise restraint.

www.aljazeera.com

Colombia​

President Gustavo Petro called the attacks “predictable”, adding that “we’re now in the prelude to World War III precisely when humanity should rebuild its economy towards the rapid goal of decarbonisation”.

“The support of the US, in practice, for a genocide, has ignited the world. Everyone knows how wars start, no one knows how they end. If only the people of Israel were high enough, like their ancestors, to stop the madness of their ruler,” he said in a statement.

“The United Nations must meet urgently and must immediately commit to peace.”

 

[Dona Ferentes]

h, the S&P/ASX 200 is set to start the week down 0.6 per cent or nearly 50 points lower extending last week’s 1.6 per cent loss due to rising geopolitical tensions and soaring bond yields

 

[Dona Ferentes]

no surprises here

Morning Wrap: ASX 200 to fall, S&P 500 and Nasdaq sharply lower on Middle East tensions

ASX 200 futures are trading 50 points lower, down -0.64% as of 8:30 am AEST.

www.marketindex.com.au

 

[Dona Ferentes]

multiple walls of worry

ASX 200 to fall for a fourth straight session, S&P 500 extends selloff as yields spike

ASX 200 futures are trading 63 points lower, down -0.82% as of 8:30 am AEST.

www.marketindex.com.au

.
.
and that's a wrap

 

[Dona Ferentes]

multiple walls of worry

ASX 200 to fall for a fourth straight session, S&P 500 extends selloff as yields spike

ASX 200 futures are trading 63 points lower, down -0.82% as of 8:30 am AEST.

www.marketindex.com.au

and so it came to pass ....
... stealing my lines even

Evening Wrap: ASX 200 slumps in face of a growing wall of worries, no sector spared, but one copper stock stood out​

Evening Wrap: ASX 200 slumps in face of a growing wall of worries, no sector spared, but one copper stock stood out

It was a tough day at the office. Or home. Or park. Or beach. Or coffee shop. Or gym. Basically, wherever you decided to check your portfolio today.

www.marketindex.com.au

 

[debtfree]

Market Index - Wednesday Evening Wrap

Evening Wrap: ASX 200 dips as AusGov shells out for small critical minerals stocks, Gina for Lynas, gold shines

Aussie shares dipped into the red by the close but there were some bright spots. Renascor Resources and Alpha HPA both received Australian Government grants to support their respective critical minerals projects.

www.marketindex.com.au

 

[debtfree]

Market Index - Thursday Morning Wrap

ASX 200 futures are trading 20 points higher, up 0.26% as of 8:30 am AEST.

The S&P 500 and Nasdaq notched their fourth consecutive day of losses, led by tech and real estate stocks. Gold, oil and bond yields all finished lower after recent gains, Santos and Woodside are due to report their first-quarter results and Resmed shares tumble overnight after Eli Lilly's weight loss drug was found to reduce sleep apnea.
Let's dive in.

Morning Wrap: ASX 200 to open higher, S&P 500 and Nasdaq fall for a fourth straight day

ASX 200 futures are trading 20 points higher, up 0.26% as of 8:30 am AEST.

www.marketindex.com.au

 

[debtfree]

Market Index - Thursday Evening Wrap

The S&P/ASX 200 closed 36.5 points higher, up 0.48%.

A welcome but miniscule bounce in the scheme of things today as gains were concentrated in a few big Tech stocks and the stalwart sectors of Resources and Financials.
There are still a few themes running hot despite the recent market correction, though, and we saw nice continuation rallies in several gold, copper, and base metals stocks.
As we enter a mini-reporting season for many mining companies (quarterly activity and cashflow reports) as well as some of the banks, brokers were busy providing updates. We bring you all the major changes to ratings and price targets in our Broker Moves section.
Let's dive in!

Evening Wrap: ASX 200 bounces! Gold, copper and metals rallies still running hot as brokers update BOQ, EVN, and RIO

A welcome but miniscule bounce in the scheme of things today as gains were concentrated in a few big Tech stocks and the stalwart sectors of Resources and Financials.

www.marketindex.com.au

 

[debtfree]

Market Index - Friday Morning Wrap

ASX 200 futures are trading 55 points lower, down -0.72% as of 8:30 am AEST.

The S&P 500 failed to hold on to early gains and finished lower for a fifth straight session, copper prices hit US$4.4/lb for the first time since June 2022, the US 2-year Treasury yields threatens to push above 5.0% for the first time since November, Fed policymakers continue to wave the "higher for longer" flag and several mining heavyweights are due to release March quarter results this morning.
Let's dive in.

Morning Wrap: ASX 200 to fall, S&P 500 extends losing streak, copper jumps to new 22-month high

ASX 200 futures are trading 55 points lower, down -0.72% as of 8:30 am AEST.

www.marketindex.com.au

 

[debtfree]

Market Index - Friday Evening Wrap

The S&P/ASX 200 closed 74.8 points lower, down 0.98%.

Around midday, news broke that Israel had launched a missile strike on Iran. The benchmark S&P/ASX200 lost around 40 points in the next 20 minutes, dipping below 7,500 for the first time since 14 February.
But, as stocks tend to do after the initial shock of an announcement of conflict, they steadily rallied all the way into the close.
Still, the end result for the week was ugly – 221 points sliced off the S&P/ASX200, or -2.9%.
Winners today were few and far between, but were concentrated in the Gold sector as investors diverted more capital to risk-averse assets like Gold.
Losers were plentiful, and were concentrated in the Technology, Financials and Resources sectors.
Let's dive in!

Evening Wrap: ASX 200 shocked and awed by Israel strike on Iran, gold and oil stocks firmer

Winners today were concentrated in the Gold sector after news broke that Israel had launched a missile strike on Iran. Losers were concentrated in the Tech, Financials, and Resources sectors.

www.marketindex.com.au

 

[debtfree]

Market Index - Monday Morning Wrap

ASX 200 futures are trading 27 points higher, up 0.35% as of 8:30 am AEST.

The S&P 500 and Nasdaq turned lower last Friday to cap off six-straight decline and three straight weekly drops, defensive pockets of the market start to shine amid a flight to safety, Citi lowers its ratings for all Australian banks to sell, Air New Zealand downgrades its full-year guidance on deteriorating economic conditions and Cettire's most prominent backer exits the stock.
Let's dive in.

Morning Wrap: ASX 200 to bounce after worst weekly performance since Sep-23, S&P 500 extends selloff

ASX 200 futures are trading 27 points higher, up 0.35% as of 8:30 am AEST.

www.marketindex.com.au

 

[debtfree]

Market Index - Monday Evening Wrap

The S&P/ASX 200 closed 81.9 points higher, up 1.08%.

The Aussie market bounced back nicely today as investors factored out the range of outcomes that add up to worse than whatever's actually happened since Israel's missile strike on Iran.
War is good for some sectors, but it's not so good for others. Today, less war equaled gains for Healthcare, Telco, and Tech stocks, but it also equalled losses for Energy and Gold stocks as events conspired to forced their respective commodities lower.
It's going to be a crucial week in terms of price action as well as economic data. In the first instance, can markets reverse recent losses and prove these are nothing more than a routine correction?
In the second instance, is inflation getting better or worse, because investors are growing impatient about the timing of already-factored in interest rate cuts. We have key Australian and US inflation data are on tap this week...
Let's dive in!

Evening Wrap: ASX 200 sees strong relief rally as healthcare, telco and tech stocks gain, energy and gold tank

War is good for some sectors, but it's not so good for others. Today, less war equalled gains for Healthcare, Telco, and Tech stocks, but it also equalled losses for Energy and Gold stocks as events conspired to forced their respective commodities lower.

www.marketindex.com.au

 

[Dona Ferentes]

Market Index - Monday Morning Wrap

ASX 200 futures are trading 27 points higher,

war clouds on Friday, proportionate and measured response on weekend

Four and a bit days action:

 

[debtfree]

Market Index - Tuesday Morning Wrap

ASX 200 futures are trading 19 points higher, up 0.24% as of 8:20 am AEST.

Major US benchmarks attempted to bounce overnight from their worst week of the year, gold prices suffered a rare tumble, UBS downgraded 6 megacap US tech stocks, Tesla continues to aggressively cut EV prices and Wesfarmers is running the ruler over Ramsay Healthcare.
Let's dive in.

Morning Wrap: ASX 200 to rise, gold stock set to tumble, S&P 500 snaps 6-day losing streak

ASX 200 futures are trading 19 points higher, up 0.24% as of 8:30 am AEST.

www.marketindex.com.au

 

[debtfree]

Market Index - Tuesday Evening Wrap

The S&P/ASX 200 closed 34.3 points higher, up 0.45%.

The Australian stock market logged its second consecutive gain as markets globally ratcheted back some of the negativity baked in last week due to Middle East tensions and interest rate, well...um, tensions!
Not one, but two potential major takeover rumours did the rounds today, with Wesfarmers (WES) potentially aiming at Ramsay Health Care (RHC), and Seven Group Holdings (SVW) potentially aiming at Cleanaway Waste Management (CWY).
Gold stocks tanked. It was brutal. Gold prices have pulled back, but the technicals suggest something far more sinister may be going on. As usual we've got all the info you need on everything that happened in today's trade, so...
Let's dive in!

Evening Wrap: ASX 200 logs another solid gain on takeover rumours in health and industrials, gold stocks slump again

The Australian stock market logged its second consecutive gain as markets globally ratcheted back some of the negativity baked in last week due to Middle East tensions and interest rate, well...um, tensions!

www.marketindex.com.au

 

[divs4ever]

Market Index - Tuesday Evening Wrap

The S&P/ASX 200 closed 34.3 points higher, up 0.45%.

The Australian stock market logged its second consecutive gain as markets globally ratcheted back some of the negativity baked in last week due to Middle East tensions and interest rate, well...um, tensions!
Not one, but two potential major takeover rumours did the rounds today, with Wesfarmers (WES) potentially aiming at Ramsay Health Care (RHC), and Seven Group Holdings (SVW) potentially aiming at Cleanaway Waste Management (CWY).
Gold stocks tanked. It was brutal. Gold prices have pulled back, but the technicals suggest something far more sinister may be going on. As usual we've got all the info you need on everything that happened in today's trade, so...
Let's dive in!

Evening Wrap: ASX 200 logs another solid gain on takeover rumours in health and industrials, gold stocks slump again

The Australian stock market logged its second consecutive gain as markets globally ratcheted back some of the negativity baked in last week due to Middle East tensions and interest rate, well...um, tensions!

www.marketindex.com.au

i hold WES and SVW

hmmm that might complicate potential targets

 

[debtfree]

Market Index - Wednesday Morning Wrap

ASX 200 futures are trading 27 points higher, up 0.35% as of 8:30 am AEST.

Major US benchmarks closed higher overnight as a raft of earnings results came out ahead of market expectations, the US dollar index experiences a notable pullback after PMI data flagged weaker demand and cooling business activity, Tesla misses first quarter earnings expectations and plans to launch cheaper models ahead of schedule and keep an eye out for Australian inflation data at 11:30 am.
Let's dive in.

Morning Wrap: ASX 200 to extend bounce, strong US earnings lift the S&P 500 and Nasdaq

ASX 200 futures are trading 27 points higher, up 0.35% as of 8:30 am AEST.

www.marketindex.com.au

 

[debtfree]

Market Index - Wednesday Evening Wrap

The S&P/ASX 200 closed 0.5 points lower, down 0.01%.

Today's March quarter Consumer Price Index (CPI) data dominated proceedings. There's no way of sugar coating it, and if you did, it would probably cost you about 3.6% more for the sugar coating than it did last year – a bit more than the 3.4% p.a. the market was hoping for.
The release of the CPI data at 11:30am EST slashed around 0.5% off the benchmark S&P/ASX200 in just a few minutes, and as much as it tried, our market failed to recoup any of those losses by the close.
There was one thing which soared today, but it's opposite of what investors want to see. Yields on Australian 2-year government bond, a benchmark for the RBA's official cash rate in the near term, spiked 0.12% and closed above 4.4% for the fist time since early December last year.
Markets just pushed the first RBA rate cut well into 2025. On that sombre note...
Let's dive in!

Evening Wrap: ASX 200 dumps on nasty CPI print, 2024 rate cuts now impossible, but is a hike back on table?

Today's March quarter Consumer Price Index (CPI) data dominated proceedings. The S&P/ASX 200 (XJO) finished 0.5 points lower at 7,683, but this was around 44 points below the session's early high. Gold stocks bounced back, but the rest were tepid to say the least.

www.marketindex.com.au

 

[UMike]

Stunned KCN doesn't get a mention again?

 

[debtfree]

Market Index - Friday Morning Wrap

ASX 200 futures are trading 26 points lower, down -0.34% as of 8:30 am AEST.

Major US benchmarks slipped overnight as GDP data showed a slowdown in economic growth and an uptick in inflation, bond yields continue to push towards uncomfortable levels, retail investor sentiment flips bearish for the first time since November, Meta shares tumble more than 10% on a mixed first quarter result, BHP lobs a $56bn bid for Anglo American, ResMed tops earnings expectations and Newmont rallies 12% overnight on better-than-expected earnings.
Let's dive in.

Morning Wrap: ASX 200 to fall, S&P 500 lower + M&A and earnings from ResMed, BHP and Newmont

ASX 200 futures are trading 26 points lower, down -0.34% as of 8:30 am AEST.

www.marketindex.com.au