See the latest developments in the financial markets and a summary of key macroeconomic data from around the globe and in Australia. Our Daily Reports focus on data that has been published during the previous trading day.
- 01 May 2025 Daily Report 1 May 2025
US stocks picked up, while the US dollar appreciated, despite the US Q1 GDP figures suggesting the first negative outcome in three years.
- 30 Apr 2025 Daily Report 30 April 2025
US stocks continued to climb last night, thanks to a rise in the second half of the session in anticipation of tariff relief for automakers.
- 29 Apr 2025 Daily Report 29 April 2025
The S&P 500 closed marginally higher after a choppy session, with semiconductor stocks weighing on the daily outcome amid news that a major Chinese high-tech company is testing its own AI chip, which could threaten the position of chip posterchild Nvidia.
- 29 Apr 2025 Daily Report 28 April 2025
Wall Street saw further gains over the long weekend, still supported by hopes that US-China trade tariffs could eventually be lowered to less extreme levels. The S&P rose by 2.0% on Thursday and 0.7% on Friday, and US Treasury yields fell.
- 24 Apr 2025 Daily Report 24 April 2025
US equities rose again overnight, with sentiment given a further boost by a newspaper report saying the White House is considering cutting tariffs on China from 145% to around 50-65% as a sign of goodwill ahead of negotiations. However, some of the early gains were reversed following comments from Treasury Secretary Scott Bessent that there is no unilateral offer on the table.
- 23 Apr 2025 Daily Report 23 April 2025
US financial markets remained volatile overnight, with the benchmark S&P 500 rising 2.5%, while shorter-term US Treasury yields climbed, and the US dollar recovered some lost ground.