Swingfolio Daily
ASX briefings — Tuesday 8 September 2026
Morning setup and afternoon close recap for Tuesday 8 September 2026. Observations only — no trade advice.
Tuesday 8 September 2026
ASX 200 opens with no Wall Street lead as KOSPI jumps 4.61% and copper hits a three month high
US cash equities stayed shut for Labor Day, so the ASX 200 opens Tuesday 8 September 2026 from Monday’s 9,010.9 close with no fresh Wall Street mark and S&P e-mini futures at 7,705.75, down 0.21%. South Korea’s KOSPI closed Monday up 4.61% at 6,995.39 and SK Hynix rose 8.26%, after the Philadelphia Semiconductor Index gained 3.38% on Friday. Brent added 1.05% to US$97.29 and copper reached a three month high of US$6.725 a pound, while gold fell 0.49% to US$4,454.80 an ounce. SPI futures point to a 4 point lower open, and the NAB business survey lands at 11:30am AEST.
ASX 200 falls 1.00% to 8,920.8 as Westpac joins the RBA rate hike calls
The S&P/ASX 200 closed at 8,920.8, down 90.1 points or 1.00%, its lowest close in six weeks, after Westpac became the last of the big four to forecast an RBA rate hike. Banks supplied about 35 bps of the 100 bps move, with ANZ.AU off 2.61% and CBA.AU 1.76%. September consumer sentiment fell 5.2% to 84.4 and NAB business conditions turned negative for the first time in six years.