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The ASX 200 rose 30 points, or 0.3%, to 8,709 on Tuesday, extending prior gains amid strength in consumer durables, tech, and manufacturing. Sentiment was supported by the Reserve Bank of Australia’s assurance that monetary policy remains well placed to respond to economic developments, with the board reaffirming its f
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
ASX 200 slipped 0.1% to close at 8,911, extending prior weakness to a six-week low. CSL fell 2.0% after cutting FY26 guidance; big four banks shed 0.4—2.2%.
Braze reported fiscal second-quarter revenue of $227 million, up 26% year over year, and said non-GAAP operating margin improved by more than 600 basis points. It raised third-quarter and full-year revenue guidance.
Australia’s ASX 200 rose 30 points, or 0.3%, to close at 9,084, ending a six-day losing streak as gains in consumer durables, non-energy minerals and healthcare offset domestic labor and inflation concerns.
Australia’s consumer sentiment prints at 6%, versus a prior reading of 4.1%, with the forecast not provided.