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ASX briefings — Monday 1 June 2026

Morning setup and afternoon close recap for Monday 1 June 2026. Observations only — no trade advice.

Monday 1 June 2026

morning

Wall Street records and firmer gold, but SPI futures point to a softer ASX open: 1 June 2026

Wall Street notched fresh record closes on Friday 29 May as US-Iran ceasefire hopes drained the war premium from oil, sending WTI down 1.73% and Brent 1.70%. Gold ran the other way to US$4,593 (+1.34%) on central-bank demand, a split offshore lead for ASX gold producers against softer energy. Yet SPI 200 futures point about 13 points lower into Monday's open after the ASX itself ran 1.62% on Friday, with Q1 GDP the week's marquee print on Wednesday.

Mixed3 min read
afternoon

ASX 200 flat at 8,729 on 1 June 2026 as a tech rebound offsets a healthcare slide

The S&P/ASX 200 finished at 8,729.4 on 1 June 2026, down 2.3 points (-0.03%), as a technology rebound (WTC.AU +8.72%, XRO.AU +7.69%) offset a healthcare slide (RMD.AU -7.58%, CSL.AU -2.49%). Lithium names rallied on firmer China carbonate prices; advancers and decliners split 119 to 121 across the 250 largest names.

Mixed4 min read
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