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The ASX 200 (ASX:XJO) hit a three week high to start the week, adding 1.8% as slowing Victorian Coronavirus case numbers boost confidence.

The ASX 200 (ASX:XJO) finished the week 1.3% higher after gaining 0.6% on Friday. Materials (4.4%) and Energy (4.9%) were the standouts

The ASX 200 (XJO:ASX) finished another 0.7% higher with BHP Group Ltd (ASX:BHP) contributing close to 40% of the gain alone, after rallying another 4.9% as iron ore prices hit USD$114 per tonne.

The ASX 200 (XJO:ASX) finished down another 0.7% on Wednesday, pushed lower by healthcare (-1.7%), industrials (-1.5%) and consumer staples (-1.2%).

Risk on, gold down, more clarity on Victoria’s state of disaster The ASX 200 (ASX:XJO) followed a global lead higher, adding close to 200 points to finish up 1.9% for the day. Every sector was positive, with IT and energy particular standouts adding 3.2% and 2.6% respectively, following better than expected manufacturing data in the…

The ASX 200 (XJO:ASX) fell 2.0% on Friday, but managed to hold onto a 0.5% gain for the month; it’s fourth straight winning month.

Treasurer Frydenberg provided his long-awaited budget update, which was just that an update, offering little in the way of guidance into the future. The Government are predicting unemployment will peak at 9.25% across the country, with ballooning deficits adding $250 billion to the debt pile.

The ASX 200 (ASX:XJO) finished off its lows for the day, falling 1.3%, as both Victoria and several US states hit record COVID-19 case levels, denting market sentiment.

Despite an increasing chorus of experts suggesting the technology sector has moved beyond reasonable levels, the rally continues. The ASX 200 (ASX:XJO) added 2.6%, hitting a six week high, with a 5.7% rally in the IT sector among the largest contributors.

The ASX 200 (ASX:XJO) continued its recent weakness, falling 0.5% on Monday, as concerns of a secondary outbreak in NSW and escalating deaths in the US hit investor confidence.

Sideways….a weak opening ahead It was another bumpy, albeit positive, week for markets with the ASX 200 (ASX:XJO) gaining 0.4% on Friday and finishing around 2.0% higher for the week. The primary driver remained Australia’s main recovery hope, commodity exports, with the materials sector finishing 4.2% as the iron ore price remained above USD$115 per…

The ‘Vaccine’ rally was short-lived with a swathe of economic data sending the ASX 200 (ASX:XJO) 0.7% lower on Thursday.