Sunday 12th October 2025
Daily Market Update: 13 October 2025
Weakness in oil, gold, iron-ore for the Australian market
The S&P/ASX 200 Index ended the week down, sliding 11.5 points, or 0.1 per cent, to 8,958.3, amid a broader risk‑off mood driven by weakness in oil, gold and iron ore sectors. Oil and gas names such as Woodside Petroleum Limited (ASX: WPL), Beach Energy Limited (ASX: BPT), and Santos Limited (ASX: STO) all fell, while heavyweight miners BHP Group Limited (ASX: BHP), Rio Tinto Limited (ASX: RIO), and Fortescue Metals Group Limited (ASX: FMG) were also lower following renewed reports of pricing disputes with China. The slide in gold and silver also weighed heavily: gold producers including Newmont Corporation (NYSE: NEM), Northern Star Resources Limited (ASX: NST), Regis Resources Limited (ASX: RRL), Genesis Minerals Limited (ASX: GMD), and Alkane Resources Limited (ASX: ALK) lost ground, as did silver names like Unico Silver Limited (ASX: UC0) and Sun Silver Limited (ASX: SDL). In contrast, technology-related stocks saw some relief, with Xero Limited (ASX: XRO), TechnologyOne Limited (ASX: TNE), Codan Limited (ASX: CDA), and Life360, Inc. (NASDAQ: LIFE360) modestly outperforming.
A sharp decline for US markets
U.S. markets experienced their sharpest drop since April, with the S&P 500 Index (NYSE: SPX) falling around 2.7 per cent after former President Donald Trump vowed a 100 per cent tariff on Chinese goods, escalating trade tensions. Major technology stocks were hit hard, including Nvidia Corporation (NASDAQ: NVDA), down nearly 5 per cent, and Tesla, Inc. (NASDAQ: TSLA), which also fell about 5 per cent. Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Advanced Micro Devices, Inc. (NASDAQ: AMD), Microsoft Corporation (NASDAQ: MSFT), and Meta Platforms, Inc. (NASDAQ: META) all declined as investors rotated out of high-growth tech names amid fears of supply chain disruptions. China responded with promises of retaliation, further unnerving global investors already wary of rising bond yields and slowing growth signals.
| Australian Indices | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| ASX 200 | -0.1 | -1.6 | 0.2 | 4.1 | 11.2 |
| Financials | 0.4 | -0.7 | 0.4 | 2.7 | 21.5 |
| Resources | -1.9 | 2.5 | 9.4 | 21.6 | 15.3 |
| Information Technology | 1.5 | -1.4 | 0.8 | 5.3 | 20.3 |
| Global Indices | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| US 500 | -2.7 | 0.9 | 4.2 | 7.4 | 20.3 |
| Europe | -0.1 | -0.8 | 3.4 | 2.5 | 21.2 |
| Japan | -0.9 | 0.7 | 2.9 | 12.1 | 20.8 |
| China top 50 | -0.9 | -0.4 | 3.4 | 12.9 | 31.4 |
| India top 50 | 1.1 | 0.7 | -0.1 | -5.1 | -2.8 |
| Fixed Interest | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| Australian Treasury Bond | -0.9 | -0.8 | -0.8 | -0.2 | 3.4 |
| Australian Corporate Bond | -1.3 | -0.9 | -0.8 | 0.0 | 4.2 |
| US Treasury | -0.2 | -0.2 | -0.1 | 2.0 | 3.0 |
| Cash | -0.3 | -0.3 | -0.1 | 0.6 | 3.9 |
| Commodities & Crypto | Daily % | Weekly % | 1 Month % | 3 Month % | 1 Year % |
| Gold | -1.0 | 4.1 | 11.1 | 21.1 | 55.3 |
| Silver | 1.7 | 5.0 | 21.8 | 34.8 | 63.0 |
| Crude Oil | -1.7 | 2.7 | -1.1 | -1.9 | -5.5 |
| Bitcoin | -0.5 | 0.6 | 7.2 | 8.5 | 100.5 |
