Australian reporting season is about to kick off, so how will company earnings look across February?

MARKET WRAP:

• ASX200: up 0.51% to 8,416
• GOLD: $2,887 US/oz
• BITCOIN: $156,302 AUD

• Mining & tech stocks led the way, with most of the eleven sectors up
• BHP rising 1.5%, Fortescue up 2% and Rio Tinto gaining 2.1%.
• Packaging giant Amcor saw shares up 2.9% to $16.17 after earnings met expectations for the last quarter.
• Another bid in the race for Insignia saw the wealth management firm rally 6.9% to $4.62
• The fire that ripped through a Cleanaway Waste Management depot in Sydney yesterday didn’t make its way to the market, with the company share price flat at $2.70.
• CSL, Fisher & Paykel and Telix all sinking.
• Macquarie Group was 3.6% lower despite the other major banks all gaining.

CURRENCY UPDATE:

• AUD/USD: 62.69 US cents
• AUD/GBP: 50.2 pence
• AUD/EUR: 60 Euro cents
• AUD/JPY: 96 Japanese yen
• AUD/NZD: 1.10 NZ dollars