ASX Market Open: Tuesday rebound to be tested by arvo’s RBA rate call | April 1, 2025

The Market Herald
01 Apr

Despite overtures to Donald Trump’s reciprocal tariffs leaking out from the U.S. early this week, Australian shares look bound for a Tuesday bounceback.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

Monday’s gruelling rundown was one of the worst trade days of 2025, with the local bourse shaving as much as 1.7% in value. For some, that presents a buying opportunity – and ASX 200 futures point to just that ahead of today’s bell.

When trade begins at 10am, the market should move 0.5% higher, to 7,900 points.

That sits in line with Wall Street, where the S&P 500 added 0.6%; the Dow Jones rose 1%.

Also coming up today is the RBA board’s rate call: While some may want another trim, it’s more likely to be a hold – and no, that’s not a HotCopper April Fool’s joke.

In company news, HotCopper users are already closely watching Metal Hawk (ASX:MHK) this morning after the WA explorer wrapped up its heritage survey at Leinster South; drilling is now expected to begin “as soon as possible.”

Summit Minerals (ASX:SUM) will also trend after new CEO Matthew Cobb said he’s seen “significant upsides” for the company’s Brazilian portfolio and Equador projects.

Elsewhere, Southern Cross Electrical Engineering (ASX:SXE) has today struck a bargain with Anacacia to pick up a majority stake in Force Fire for $5.3 million.

Brightstar (ASX:BTR) has also landed a win with gold pours that “exceeded expectations.”

More market news

Never-ending: And just like that, Trump’s tariffs are back causing more market chaos

Meet GeoGeorge: The HotCopper poster so accurate he got hired as an analyst

Looking at forex, the Aussie dollar is buying 62.4 US cents.

To commodities, which are in the greenback,

Iron Ore has dropped $2 a tonne to sell at $101.05 in Singapore,

Brent Crude is trading at $74.71,

Gold has added a little more value, to $3,145 per ounce, and,

US natgas futures are selling 1.6% higher, at around $4.13 per gigajoule.

Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10