Swingfolio Daily
ASX briefings — Monday 7 September 2026
Morning setup and afternoon close recap for Monday 7 September 2026. Observations only — no trade advice.
Monday 7 September 2026
ASX 200 opens Monday carrying an unpriced US jobs surprise, with Wall Street shut
The S&P 500 fell 0.38% to 7,718.60 on Friday after US August payrolls came in at 162,000 against a 53,000 consensus, moving CME FedWatch odds of a 16 September Fed hike to 60% from 49%. Gold lost 1.38% to US$4,429.80/oz and GDX.US fell 2.20%, leaving AU gold miners with the widest gap to overnight pricing. The ASX 200 closed at 9,005.9 six and a half hours before the release, and Monday runs without a US cash session because the NYSE, Nasdaq and the Treasury market observe Labor Day.
ASX 200 closes 5 points higher as iron ore tops US$100 and tech falls 2.6%
The S&P/ASX 200 closed at 9,010.9 on 7 September 2026, up 5.0 points or 0.06%, with iron ore and energy names covering a 2.60% fall in Information Technology. Ingenia Communities INA.AU rose 14.79% after rejecting a $4.75 per security cash proposal from Warburg Pincus that was conditional on dropping its Peet PPC.AU acquisition, and Peet fell 7.37%. Singapore iron ore traded above US$100 a tonne for the first time in seven weeks, while 109 advancers faced 120 decliners across the 250 largest ASX names.