ASX

Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.

  • Newest
  • Popular
Graphic of trading data chart

China’s producer prices deflate, ASX 200 squares up to resistance

China enjoys some deflation – something the West can only dream above for now. And the ASX is on track for a 4th day higher, but resistance is capping further gain.

default avatar
November 9, 2022 04:14 AM
Research

The RBA hiked by 25bp – but Governor Lowe slips in an inflation upgrade

The RBA hiked their overnight cash rate by 25bp to 2.85% - its highest level since 2013. But inflation forecasts were also upgraded.

default avatar
November 1, 2022 06:18 AM
Research

The RBA hiked by 25bp – but Governor Lowe slips in an inflation upgrade

The RBA hiked their overnight cash rate by 25bp to 2.85% - its highest level since 2013. But inflation forecasts were also upgraded.

default avatar
November 1, 2022 06:18 AM

Why trade with FOREX.com?

Tight spreads from 0.5 pts on FX and 1 pt on indices.


Award-winning platforms with fast and secure execution.


Dedicated support.

Course thumbnail of FOREX.com course:  What are commodities by FOREX.com
Australian flag

The ASX 200 jumps out of the gate, but can it make the next hurdle?

The ASX has been swept higher with Wall Street’s short-covering rally and snapped its 5-day decline. But does that make it a bullish move?

default avatar
October 14, 2022 03:49 AM
Australian flag

The ASX 200 jumps out of the gate, but can it make the next hurdle?

The ASX has been swept higher with Wall Street’s short-covering rally and snapped its 5-day decline. But does that make it a bullish move?

default avatar
October 14, 2022 03:49 AM
Australian flag

The RBA hikes by 25pb – not the 50bp expected, ASX rallies

The RBA delivered their sixth consecutive hike today, although at a slower pace than the consensus had pencilled in.

Australian flag

The RBA hikes by 25pb – not the 50bp expected, ASX rallies

The RBA delivered their sixth consecutive hike today, although at a slower pace than the consensus had pencilled in.

Australian flag

ASX200 Afternoon Report June 28th 2022

The ASX200 is on track to lock in a fourth straight day of gains, trading 36 points higher at 6742 at 3.00 pm Sydney time.

default avatar
June 28, 2022 07:11 AM
Finger pointing on market chart data

Asian Open: Jerome Powell reconfirmed, Russia threatens Finland

More of the same with the Fed as Jerome Powell is confirmed for a second term. The yen rallied on geopolitical concerns as Russia threatened Finland over joining NATO.

default avatar
May 13, 2022 01:05 AM
Close-up of market chart

Asian Open: US CPI didn’t provide the clear outcome traders hoped for

There was a lot of expectation that CPI would soften enough to provide confidence that inflation had peaked. Those expectations were not fulfilled.

default avatar
May 12, 2022 12:34 AM
Australian flag

Asian Open: USD holds firm ahead of CPI, ASX set to mean revert?

There comes a point where bears overplay their hand. And yesterday’s rebound above 7,000 following a strong move lower on the ASX suggests they may be losing their grip.

default avatar
May 11, 2022 12:29 AM
Close-up of market chart

Asian Open: Brace yourselves, it’s another sea of red on Wall Street

Investors continued to adopt simple strategy of ‘if it moves, sell it’ overnight, seeing equities bonds and commodities move broadly lower.

Asian Open: The ASX 200 rolls over from its 200-day average

The ASX 200 starts the week on the back foot following its worst session in 10-weeks on Friday, which saw it roll over from its 200-day MA and break trend support.

default avatar
May 9, 2022 12:01 AM

Asian Open: Keep an eye on AUD/JPY with sentiment on the back ropes

It was a volatile session for investors overnight which saw US indices trade sharply lower, with AUD/JPY showing the potential for a swing high.

Asian Open: 1880 could be pivotal for gold

Markets are hesitant to break key levels with the FOMC meeting fast approaching, yet gold has presented a clear line in the sand for opportunities over the near-term.

Gold nuggets

Asian Open: Tech stocks leads Wall Street lower, Gold reclaims 1900

The Nasdaq fell nearly -4% yesterday during its worst session since September 2020, yet gold held key support and reclaimed the 1900 handle (just).

default avatar
April 27, 2022 01:06 AM
Gold nuggets

Asian Open: Dollar index hits 25-month high, gold below 1900

It was another rough day for commodities and commodity currencies which buckled under the pressure of a strong dollar, due to global growth concerns and a hawkish Fed.

default avatar
April 26, 2022 12:37 AM

Open an account in minutes

Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 1 pt on indices.

Trading view chart close-up
Close-up of stock market board

Asian Open: Wall Street stumbles as Powel confirms 50bps Fed hike in May

The Fed Chair himself, Jerome Powell, has finally confirmed what markets were supposedly expecting anyway with a 50-bps hike.

default avatar
April 22, 2022 01:42 AM

Asian Open: Eye-watering CPI data for Canada raises odds of a 75-100 bps hike

Canada’s inflation metrics rise across the board and beat estimates by a wide enough margin to increase the odds of some serious hiking by the BOC in June.

Gold nuggets

Asian Open: IMF slash global growth forecasts, gold enters correction

Citing Western sanction on Russia and ‘higher for longer inflation”, the IMF cut global growth by -0.8 percentage points for 2022.

Federal reserve building

Asian Open: The Fed’s Bullard calls for rates to be at 3.5% by year end

The US dollar was broadly higher overnight as the Fed’s Bullard laid out a path for 50-bos hikes at each remaining Fed meeting this year.

Asian Open: Inflation measures and commodities continue to soar

Whichever metrics of inflation we look at, it is hard to argue there isn’t more inflation set to come our way whilst commodities continue to rally.

Asian Open: Whether inflation has peaked is a hot debate

A quick look through the data suggest inflation may not have peaked. But even if it has, we suspect it will be a long and gradual decline.