Australian (ASX) Stock Market Forum

Today's trading on the ASX

a gain? let's give it up, again
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Evening Wrap: ASX 200 gives up early gains as iron ore stocks and big ANZ sell off weigh, GOR takeover ignites gold.. The S&P/ASX 200 closed 5.6 points higher, up 0.07%.

 
Australian shares are set to open higher, bolstered by a positive finish in New York. Apple helped pace the magnificent seven higher, though Nvidia lagged.

ASX futures are pointing up 47 points or 0.6 per cent to 8033.
  • AUD : +0.2% to US63.01¢
  • Bitcoin : -0.1% to $US88,316
  • Gold : +0.3% to $US3020.39 an ounce
  • Brent oil : +0.2% to $US73.14 a barrel
  • Iron ore : -0.7% to $US101.55 a tonne
  • 10-year yield : US 4.31%, Australia 4.42%
 
Australian shares are set to open higher, bolstered by a positive finish in New York. Apple helped pace the magnificent seven higher, though Nvidia lagged.

ASX futures are pointing up 47 points or 0.6 per cent to 8033.
  • AUD : +0.2% to US63.01¢
  • Bitcoin : -0.1% to $US88,316
  • Gold : +0.3% to $US3020.39 an ounce
  • Brent oil : +0.2% to $US73.14 a barrel
  • Iron ore : -0.7% to $US101.55 a tonne
  • 10-year yield : US 4.31%, Australia 4.42%
Thought the budget might have an effect also.
 
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Evening Wrap: ASX 200 recovery well underway as big banks and big miners lead the way, uranium stocks tank... The S&P/ASX 200 closed 56.5 points higher, up 0.71%

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US stocks fell sharply on Wednesday as markets braced for a fresh wave of trade tariffs expected from the Trump administration. Technology and auto stocks were hit hardest.

Brent crude is trading 1.37% higher at US$74.02 a barrel.
Spot gold is trading 0.02% lower at US$3,018.81 an ounce.
One Australian dollar is buying 62.98 US cents.

The SPI futures are pointing to a 37 point fall.
 
US stocks fell sharply on Wednesday as markets braced for a fresh wave of trade tariffs expected from the Trump administration. Technology and auto stocks were hit hardest.

Brent crude is trading 1.37% higher at US$74.02 a barrel.
Spot gold is trading 0.02% lower at US$3,018.81 an ounce.
One Australian dollar is buying 62.98 US cents.

The SPI futures are pointing to a 37 point fall.

Markets panicked on an announcement about an announcement about Tariffs
 
big panic..(not really) ...

Evening Wrap: ASX 200 slumps as tech darling Pro Medicus tumbles, Woodside bolsters energy, gold powers ahead. S&P/ASX 200 closed 30.0 points lower, down 0.38%


 
The SPI futures are pointing to an 8 point fall.

US markets finished in the red on Thursday, dragged down by fresh trade tensions and uncertainty over President Trump’s tariff policies.

Anthony Albanese has called the election for 03 May, kicking off a five-week election campaign.
.....
And dividends are beginning to flow
 
The ASX 200 flirted with the 8,000-point mark this week as Trump tariffs were yet again centre stage. We saw the Federal budget handed down with tax cuts for Australians announced, which didn’t have any material effect on the sharemarket.

Then inflation data came in softer than expected after the headline annual print slowed to 2.4% and remained within the RBA’s 2-3% inflation target range for 7 straight months now. Despite this, there is little expectation that the Central Bank will move on rates next week, but a May rate cut is in sight.

Dividend payments were also a standout, marking one of the biggest weeks for dividend payments for the whole year, with around $13.6 billion being paid out to Aussie investors.

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Evening Wrap: ASX 200 lifts as GOLD meltup continues, WTC and PME hammered again..

The S&P/ASX 200 closed 13.0 points higher, up 0.16%.
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but with big overnight drops in the US, here futures are pointing down 91 points or 1.1 per cent to 7929.
  • AUD : -0.3% to US62.87¢
  • Bitcoin : -4% to $US83,828
  • Gold : +0.9% to $US3085.12 an ounce
  • Brent oil : -0.9% to $US73.36 a barrel
  • Iron ore : -0.2% to $US103.25 a tonne
  • 10-year yield: US 4.25%, Australia 4.46%
 

Evening Wrap: ASX 200 fires major bear market signal as wall of selling leaves few places to hide.... The S&P/ASX 200 closed 138.6 points lower, down 1.74%

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Reserve Bank of Australia statement this afternoon at 2.30pm; markets are pricing in no change to the current cash rate of 4.10 per cent.

ASX futures are up 67 points, or 0.9 per cent, indicating the index would partially reverse Monday’s third-largest loss this year.
 
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Evening Wrap: ASX 200 rebounds 1% on Property, Utilities and Tech, as lithium and uranium stocks keep plunging.. . S&P /ASX 200 closed 81.8 points higher, up 1.04%.

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Iron ore rose to $US104 a tonne, its highest level in almost three weeks.
Spot gold is flat at US$3,113.31 an ounce.
Brent crude is trading at US$74.41 a barrel.
One Australian dollar is buying 62.77 US cents.

The SPI futures are pointing to a 28 point rise
 
Iron ore rose to $US104 a tonne, its highest level in almost three weeks.
Spot gold is flat at US$3,113.31 an ounce.
Brent crude is trading at US$74.41 a barrel.
One Australian dollar is buying 62.77 US cents.

The SPI futures are pointing to a 28 point rise
Suggests expectation that tariffs to Australia won't be that bad and the Australian market will be a safe haven.
 
The SPI futures are pointing to a 28 point rise
let's give it up for the day's action..
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Evening Wrap: ASX 200 rally stalls as mining and energy shares dumped ahead of Trump Liberation Day speech.... The S&P/ASX 200 closed 9.3 points higher, up 0.12%.

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this is just a snapshot in time.

ASX futures are pointing up 42 points or 0.5 per cent to 8019.
  • AUD : +0.9% to US63.54¢
  • Bitcoin : +2.1% to $US86,677
  • Gold : +0.1% to $US3116.21 an ounce
  • Brent oil : +0.7% to $US75.04 a barrel
  • Iron ore : +0.1% to $US103.00 a tonne
  • 10-year yield : US 4.21%, Australia 4.41%
 
this is just a snapshot in time.

ASX futures are pointing up 42 points or 0.5 per cent to 8019.
  • AUD : +0.9% to US63.54¢
  • Bitcoin : +2.1% to $US86,677
  • Gold : +0.1% to $US3116.21 an ounce
  • Brent oil : +0.7% to $US75.04 a barrel
  • Iron ore : +0.1% to $US103.00 a tonne
  • 10-year yield : US 4.21%, Australia 4.41%
Australia tariff a measly 10%...our gst
So not much, this should be good news for our market outside the usual TDS comments
Edited: i have added the full table for other countries in the Trump2.0 thread
 
Its worth noting that ASX 200 futures markets close at 7:00 am AEDT and reopen around 9:50 am
as I said, a mere snapshot in time :)

I tend to take the quantum and general direction as useful but not essential bits of information. There again, I don't tap into banks of computers running sophisticated by-the-second programs trying to scrape an edge.
 
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