Macro Update:According to data released by the Australian Bureau of Statistics (ABS), Australia’s Producer Price Index for final demand rose 1.3% in the June 2026 quarter and 3.6% over the year, marking the largest quarterly increase since September 2023. Higher energy costs, particularly for …
Macro Update:The Middle East tensions escalated after the United States and Saudi Arabia carried out coordinated airstrikes against Iran-backed militias in Iraq. The strikes came after an Iranian missile attack on a US base in Jordan, which officials said was successfully intercepted. Multiple media …
Macro Update:Australia’s Consumer Price Index rose 3.8% in the year to June 2026, while quarterly inflation reached 0.6%, according to the ABS. Housing recorded the largest annual increase at 6.8%, driven by electricity costs, up 22.4%, and new dwelling prices, up 5.8%. Food and …
Nine of the 11 sectors ended in positive territory. Consumer Discretionary led the advance, rising 2.68% and recovering from its recent decline, although the sector remained 0.60% lower over the past five sessions. Telecommunication Services gained 2.55%, followed by Health Care at 2.26% and …
Ten of the 11 sectors finished higher. Information Technology led the rebound with a 4.52% gain, followed by Materials at 2.42% and A-REITs at 1.68%. Industrials rose 1.52%, while Health Care advanced 1.44%. Energy was the only declining sector, falling 2.99%.
Macro Update:US forces carried out strikes on Iran for a 13th straight night, targeting military command centres, drone facilities, communications networks and coastal surveillance sites, according to the US Central Command. Iranian state media reported four deaths and five injuries following explosions near Bandar …
Macro Update:Australia's seasonally adjusted unemployment rate held steady at 4.4% in June, according to the Australian Bureau of Statistics (ABS). Employment increased by 76,000, supported by a 47,000 rise in part-time jobs, while the number of unemployed people rose by 13,000. The participation rate …
Mining stocks led the market higher as investors returned to the sector following a rebound in gold prices and copper climbing to its highest level in more than a month.Materialsled gains, climbing2.30%on the day as the sector recovered from recent weakness, although it remained1.29% …
Sector performance was mixed, with six of the 11 sectors finishing lower. Energy was the standout performer, rising 1.80% during the session and extending its gain to 3.32% over the past five days. Consumer Staples (+0.43%), Telecommunication Services (+0.39%), Industrials (+0.16%) and Consumer Discretionary …
Sector performance was mixed, with six of the 11 sectors finishing lower. Energy was the standout performer, rising 1.80% during the session and extending its gain to 3.32% over the past five days. Consumer Staples (+0.43%), Telecommunication Services (+0.39%), Industrials (+0.16%) and Consumer Discretionary …