Swingfolio Daily
ASX briefings — Friday 22 May 2026
Morning setup and afternoon close recap for Friday 22 May 2026. Observations only — no trade advice.
Friday 22 May 2026
morning
ASX 200 set to open 0.5% higher as jobs shock cools RBA hike bets; Nvidia blowout leaves tech flat
SPI futures point to a 0.5% higher ASX open on Friday. Wall Street's Dow rose 0.55% but the Nasdaq closed flat after Nvidia's 85% revenue beat failed to extend the AI rally. Brent crude jumped 2% to US$104.66 on an Iran supply directive. Domestically, April unemployment jumped to 4.5%, the highest since November 2021, paring bets on further RBA hikes.
Mixed3 min read
afternoon
ASX 200 hits a 5-day high as miners and uranium lead, classifieds slump — 22 May 2026
The ASX 200 closed +0.41% at 8,657 on 22 May 2026, a 5-day high, as Materials (+1.27%) and a sharp uranium rally (LOT.AU +10.66%, PDN.AU +5.93%) led. Guzman y Gomez jumped 9.57% on its US exit. Communication Services (-1.86%) lagged as Seek, REA Group and CAR Group de-rated.
Bullish3 min read