Market Update

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ASX shares update, the stocks to watch this Thursday

The Australian economy is now experiencing its first recession in close to 30 years. The initial impact of the COVID-19 outbreak sent domestic GDP down -0.3% in the March quarter, with experts predicting a contraction of as much as -8.4% in June.

ASX shares update, here are the stocks to watch this Wednesday

Global sharemarkets continued their incredible rally even as protests and riots continued in the US, following President Trump’s call to bring in the military.

ASX shares update, here are the stocks to watch

Despite widespread geopolitical and societal tension, be it from US protests or the threat of a renewed trade war with China, the market seem to keep powering through exhibiting the disconnect between Wall Street and Main Street.

ASX shares update, here are the stocks you need to watch

With markets waiting with baited breath for President Trump’s speech on his policy towards China. The ASX 200 (ASX:XJO) fell heavily in the afternoon to finish down 1.6% for the day.

ASX 200 morning update, the shares you need to watch Friday

Experts and investors still expecting a second wave or calling the current rally a “dead cat bounce” continued to be left behind on Thursday, with the ASX adding another 1.3%.

ASX to set to jump Thursday, here are the shares you should be watching

Wednesday proved to be another wild day for markets with Australia’s ASX 200 index down over 1% at the open, only to rally 2% and finally finish 5 points down as the session ended.

ASX shares to open mixed, here are the stocks to watch Wednesday

The ASX 200 (ASX: XJO) experienced its best day in over seven weeks on Tuesday, rising by nearly 3% to end at 5,780 points. The Australian share market has now regained 31.2% from its March lows.

ASX shares to jump at the open on Tuesday

In the USA, it was Memorial Day. However, a strong lead from the local futures market was enough to send the ASX 200 to an 11-week high on Monday, but over 2% for the day.

ASX morning report – Monday

It was another strong week for global markets with the ASX 200 rising 1.7% and the Dow Jones ending up 3.3% last week, as reporting season continued.

ASX 200 morning report Friday, the market can’t make its mind up

It seems to me that global markets are stuck in a trading pattern, oscillating between euphoria when signs of a vaccine are announced, to despair as new economic results and increasingly protectionist policies are released around the world.

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