Pre-Market Pulse 11th July – Tech makes fresh record as A.I. fly’s above the Trump Chaos
Tech stocks notched fresh record closing highs overnight, led by chip stocks on signs of ongoing AI-driven demand, overshadowing ongoing tariff uncertainty.
July 2025
Closing Bell 10th July: ASX Gains Despite Trump’s Tariff Shock; Property, Banks Lead Rebound
The ASX rose on Thursday, tracking Wall Street gains after the US Federal Reserve signalled rate cuts remain on the table. The S&P/ASX 200 climbed 0.6% to 8591.7 by 2:18pm AEST, with retail, property, banks and miners driving the rebound.
Closing Bell 9th July: ASX Dips on Copper Tariff Threats; Telix Surges on US Approval
The ASX fell on Wednesday, with the S&P/ASX 200 Index down 27.1 points, or 0.3%, to 8563.6 by 2pm AEST. The market was rattled by escalating trade tensions after former US President Donald Trump pledged a 50% tariff on copper imports, sending copper futures as low as $US9553.50 a tonne before recovering slightly.
Pre-Market Pulse 10th July – Stocks back to record as Whitehouse becomes white noise
Stocks hit fresh records overnight shrugging off President Donald Trump’s latest tariff blitz as Nvidia rallied to top $4T in value for the first time, pushing the broader tech sector higher.
Global Alpha Tencent Music TME:NYSE- Price Target Raised
Price Target RAISED to $23 – Tencent Music TME:NYSE
Closing Bell 8th July: ASX Slides After Surprise RBA Decision to Hold Rates
The Reserve Bank of Australia surprised markets by holding the cash rate steady at 3.8 per cent, defying expectations of a third rate cut this year. The Australian dollar spiked to US65.45¢ from US65.10¢ on the news, while three-year bond yields rose from 3.34 per cent to 3.38 per cent. Economists and traders had largely priced in a 25 basis point cut to 3.6 per cent. Governor Michele Bullock is expected to provide further commentary at a 3.30pm press conference.
Thematic ETF: BUY Defense Tech ETF DTEC:ASX
The Global X Defense Tech ETF (DTEC) is strategically positioned to benefit from a significant and sustained increase in global defense spending.
High Conviction Mining: BUY Northern Star NST:ASX
BUY the remaining 50% <$17.20 (20% saving) On the 17th of June @ $21. Due to poor price action we only Bought 50% of intended allocation
Global Alpha Calendar 14th – 18th July 2025
Anticipating next week’s company earnings and economic figures.
Stay informed on the latest financial updates and trends with MPC Markets
Global Alpha Tencent Music TME:NYSE- Price Target HIT +43%
Price Target HIT +43% – Tencent Music TME:NYSE
Pre-Market Pulse 8th July – Trumps fresh Tariff blitz and Tesla lead market lower
Stocks closed sharply lower overnight led by disappointment from Tesla shareholders in Elon Musk getting political again and President Donald Trump’s fresh slew of tariffs including a 25% levy on Japan & South Korea.
Closing Bell 7th July: ASX edges lower; Northern Star slumps; Virgin rated ‘neutral’
Australian shares slipped on Monday, weighed by declines in energy and materials, as investors monitored President Trump’s proposed tariffs set to take effect August 1. The S&P/ASX 200 fell 10.3 points, or 0.1%, to 8592.7 by 2pm AEST, with six of 11 sectors in positive territory.