end of day wrap - MPC Markets

ASX Responds to US Market Influences

Kai Chen / July 19, 2023

Explore market drivers including US Bank Earnings, China’s economic outlook, and upcoming US earnings’ impacts on ASX, and future projections for Northern Star Resources.

Closing Bell

RBA’s Inflation Concerns and Shaky Chinese Economy Impact Markets

Kai Chen / July 18, 2023

Markets grapple with Chinese economic concerns and corporate earnings, amidst reflections on the RBA’s previous decision to hold the cash rate amidst rising inflation.

Closing Bell

The Effects of China’s Slowing Growth, Bond Yields, and US Earnings

Kai Chen / July 17, 2023

Exploring the unexpected market recovery: Key sectors outpace a sluggish economy, bolstered by policy speculation and strategic guidance upgrades.

Closing Bell

ASX Ascends, A New Dawn in RBA Leadership

Kai Chen / July 14, 2023

ASX soars as global optimism and RBA’s leadership change fuel investor positivity. The dovish stance of incoming RBA leader Michelle Bullock boosts the equity market.

Closing Bell

ASX Rises Amid Global Changes: Dollar Dips, Inflation Cools, and China’s Exports Drop

Kai Chen / July 13, 2023

ASX rallied 1.6% as cooling US inflation and a weakening dollar fueled markets, while a sharp drop in China’s exports stoked further stimulus calls.

Closing Bell

Navigating Through Chinese Stimulus Hopes and Inflation Jitters

Kai Chen / July 12, 2023

ASX experienced a day of contrasts, with an initial rally driven by Chinese stimulus hopes, dampened by persistent investor concerns over looming inflation and upcoming U.S. CPI data.