The Australian sharemarket recovered losses on Tuesday afternoon, with the S&P/ASX 200 Index rising 0.7% by 2:23 pm, reversing a morning dip spurred by U.S. President Donald Trump’s tariff plans. Trump’s proposal to impose 25% tariffs on Mexico and Canada by February 1 caused the Australian dollar to drop 0.7% to US62.48¢.
Liontown Resources has released its December Quarter 2024 production report, highlighting strong performance at its Kathleen Valley Operation.
BHP delivered a strong operational performance in the second quarter of FY2025 (Q2 FY25),
The ASX rose on Monday as investors anticipated Donald Trump’s inauguration as the 47th U.S. president. The S&P/ASX 200 gained 0.5%, closing at 8347.4, while the All Ordinaries rose 0.4%. Nine out of 11 sectors advanced, although communications and energy stocks ended in the red.
Australian shares dropped on Friday, led by declines in the banking and consumer staples sectors. The S&P/ASX 200 Index reversed early gains, down 0.5% to 8287.1
Equities wrapped up a difficult with strong gains Friday, a day after snapping its longest losing streak since 1974 as cooler-than-expected inflation data eased concern that the Federal Reserve could turn even more hawkish next year.
The updated FOMC outlook reinforces a risk-off sentiment, signaling a period of economic uncertainty with heightened volatility in growth and inflation trajectories. In this environment
The Federal Reserve cut interest rates by 25 basis points overnight, but halved the number of rate cuts expected for next year as the battle to bring inflation down toward the central bank’s target is now expected to take longer than previously expected.
This month’s investment committee meeting revealed a market environment that can best be described as “quietly optimistic.” Inflation is settling into central bank target ranges, employment remains strong, and consumer spending is holding up—surprisingly so in both the U.S. and Australia. Yet, behind the scenes, everyone is preparing for possible shifts in 2024.
The ASX closed 0.6% lower on Monday, down 46.5 points to 8249.5, marking its fifth consecutive day of declines.
Bitcoin surpassed $100,000, reaching $103,649, fueled by optimism over U.S. President-elect Donald Trump’s pro-crypto policies.
The Index Plus Portfolio is constructed to outperform the ASX 200 benchmark by 3-4% annually. By balancing stable market exposure with tactical allocations in high-growth and thematic sectors, the portfolio aims to deliver enhanced returns without taking on excessive risk.
