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ASX briefings — Friday 3 July 2026

Morning setup and afternoon close recap for Friday 3 July 2026. Observations only — no trade advice.

Friday 3 July 2026

morning

ASX Morning Brief, 3 July 2026: Soft US jobs, a weaker dollar, and a firmer SPI open

A soft June US jobs report (57,000 versus 115,000 expected) weakened the dollar and split Wall Street, with the Dow at a record and the Nasdaq down 0.80% on a semiconductor selloff. Gold firmed to US$4,138 and the AUD rose to 0.6922. SPI 200 futures at 8,761.5 point to an ASX 200 open near 0.4% higher.

Mixed3 min read
afternoon

ASX 200 climbs 1.37% to 8,844 as gold miners and banks power a market-wide rally

The S&P/ASX 200 added 1.37% to 8,844.4 on 3 July 2026, with 175 of 250 large-caps higher. Gold miners surged after a soft US June payrolls print cut Fed hike odds, CBA.AU and CSL.AU led the heavyweights, and PXA.AU crashed 21% on an IPART draft ruling. US cash markets were closed for Independence Day.

Bullish4 min read
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