Today's trading on the ASX

[farmerge]

SPI200 futures are pointing to a weaker open, down 67 points or 0.8% to 8544, after the US inflation print firmed expectations the Fed will hold rates steady for longer. Traders are now pricing just a 54% chance of a rate cut in September, down from nearly 61% a week ago.

The 30-year US bond yield rose to 5.02%, while the 10-year sits at 4.48%. The Australian 10-year yield is 4.38%.

Commodities also retreated. Brent oil fell 0.7% to US$68.71 a barrel. Iron ore eased to US$98.95 a tonne. Gold dropped to US$3,333 an ounce, and Bitcoin fell 2.6% to US$116,889. (made it to $123k for a short while)

Looking at my Watchlist on the ASX this morning, nothing to get excited about.
All red except RML which is my only green.
Also had a sell with this mob also.

 

[Dona Ferentes]

SPI200 futures are pointing to a weaker open, down 67 points

and so it came to pass. WES flat, BHP down 0.7% and CBA, CSL both fell more than 1.2%

 

[Garpal Gumnut]

It was a down day for me and a down day for them.

gg

 

[barney]

It was a down day for me and a down day for them. gg

Thank you Ronny

 

[Dona Ferentes]

ASX futures are looking at a 53 point or 0.6 per cenr rise to 8588.

AUD up 0.2% to US65.27¢
Bitcoin up 2.3% to $US119,831
Gold up 0.7% to $US3347.13 an ounce
Brent crude flat at $US68.69 a barrel
Iron ore up 1% to $US99.90 a tonne
10-year yield: US 4.46%, Australia 4.40%

 

[Dona Ferentes]

ASX futures are looking at a 53 point or 0.6 per cent rise

surpassed that ....ATH


CBA then WES, CSL, with BHP flat

 

[Dona Ferentes]

ASX futures are pointing to a 38 point rise, or 0.4%, following Wall Street’s strong overnight lead.

gold, AUD down; iron ore, oil up.
10-year Bond yield: US 4.45%, Australia 4.34%

 

[Dona Ferentes]

ASX futures are pointing to a 38 point rise,

and came on with a rush. A new high , intraday, of 8776 but sold down 20 to the close

.
CSL and BHP more than 3%, CBA then WES above 1%

 

[Dona Ferentes]

Australian shares are expected to open lower on Monday, with futures pointing to a 0.4 per cent, or 35 point drop, for the S&P/ASX 200, trimming some of last week’s 2.1 per cent gain – the local market’s strongest weekly performance since May.

[Some] Investors are now looking ahead to the Reserve Bank of Australia’s meeting minutes on Tuesday and a key speech from Governor Michele Bullock on Thursday, which could pave the way for a rate cut in August.

 

[Bailxtrader]

Futures point to a soft start for the ASX on Monday, with SPI contracts down 0.6% at 8688 following Wall Street’s mixed close. However, strong earnings, resilient commodity prices, and easing inflation fears may provide underlying support for local equities. Australian shares capped their best week since May with a strong rally on Friday, as the S&P/ASX 200 soared 1.4% to close at 8757.20 after hitting an intraday high of 8776.40. The index climbed 2.1% for the week, notching record closes on three separate days. All 11 sectors closed higher, led by healthcare, where CSL jumped 3.6% following bullish commentary from UBS. For the week, CSL added 7%, its best performance since 2021.

BHP lifted market sentiment with a 3% gain after posting record copper and iron ore output. CEO Mike Henry noted Chinese demand was holding firm, helping push iron ore to a three-month high at USD 100.90/tonne. The strength in materials, combined with renewed optimism for rate cuts after a rise in unemployment to 4.3%, has supported the local bourse.

Investors will look to Tuesday’s RBA meeting minutes and a Thursday speech by Governor Michele Bullock for clues on monetary policy, particularly after the central bank surprised markets by holding rates at 3.85%. Reporting season also kicks off, with AMP, Fortescue, Woodside, and Whitehaven due this week.

 

[Dona Ferentes]

and took away last week's build


BHP in the green, CSL and then WES down with CBA 2.5 % under

 

[Dona Ferentes]

what's the point? Today's is UP

ASX futures are pointing up 12 points or 0.1 per cent to 8660.

AUD up 0.2% to US65.24¢
Bitcoin down 0.7% to $US117,212
Gold up 1.4% to $US3397.05 an ounce
Brent oil down 0.4% to $US69.00 a barrel
Iron ore up 3.1% to $US103.90 a tonne
10-year Bond yield: US 4.38%, Australia 4.32%

 

[Dona Ferentes]

ASX futures are pointing up 12 points to 8660.

nearly got there, the long way.


CSL up 3%, BHP close behind, WES down a bit and CBA down 3%

 

[Dona Ferentes]

Australian shares are set to open higher, with SPI 200 futures pointing to a 39-point gain, or 0.45%, to 8,680.

Local investors will be watching results from Iluka Resources, Woodside Energy, and Paladin Energy

 

[Dona Ferentes]

ASX closed up on Wed, at 8737. BHP up more than 1 percent, then CSL, WES and CBA .

ASX futures point to a modestly positive open, up 14 points to 8712. Optimism was bolstered by news of EU-US trade progress and the Australian government’s move to lift restrictions on US beef imports.

Today’s agenda includes earnings from Fortescue, Lynas Rare Earths, and Sandfire Resources, along with Macquarie Group’s AGM in Sydney. RBA Governor Michele Bullock will speak on the central bank’s dual mandate this afternoon, and PMI data is due from key global economies

 

[Dona Ferentes]

ASX futures point to a modestly positive open, up 14 points

and which fell away early and kept dropping

.
CSL up 1.5%, CBA flat with BHP and WES down 0.6%

 

[Dona Ferentes]

Australian shares are set to open lower, with SPI 200 futures down 39 points, or 0.5%, to 8637.

In commodities, gold slipped 0.6% to US$3,368 an ounce, while Brent crude rose 1.2% to US$69.30 a barrel. Iron ore edged up 0.8% to US$105.35 a tonne.

The Aussie dollar dipped to US65.91¢. 10-year Bond yields: US 4.40%, Australia 4.35%

 

[Bailxtrader]

Australian shares are heading into the end of Week 30 on a down note, with ASX 200 futures pointing to a -0.37% dip coming at Friday’s open – even as Wall Street’s biggest indexes keep chalking up new all-time highs. The S&P 500 and Nasdaq both ticked over new intraday highs, though those were more by an inch than a mile. The Dow went the other way, down -0.7%. Most of the positive sentiments for the two U.S. gainers have been driven by “better than expected earnings” through Wall Street’s reporting season, up to today. Trump also met with Jerome Powell and said he didn’t think firing him was “necessary.” While it’s not surprising – TACO, anyone? – markets liked the certainty. Back home, RBA governor Michele Bullock declared that weaker jobs numbers wouldn’t have led the board to chop rates in July. She admitted the RBA’s ‘hold’ call may have been a “shock” for some, but stuck to her guns anyway. With her follow-up sentiments – that inflation may take longer to tame – there’s every chance we won’t see that August cut markets have been pricing in. And, that’s the main driver for ASX futures dipping: Expect a 30ish

 

[Dona Ferentes]

any chance of learning what the edit button does?

 

[Bailxtrader]

"Yer SORRY every one! Tried edit but that was the best I could come up with. Just got out of bed, and obliviously didn't realise what was going on before to late! I must admit I shouldn't of posted, if I knew that what was going to appear. "Sorry once again "lord have Mercy"

!