Evening Wrap: ASX 200 flat as markets brace for massive data and rates calendar, base metals, lithium and uranium rally

A paltry 5.5 point bounce in the S&P/ASX 200 did little to reverse last week’s 177 point slump. But scratch the surface and there were some promising moves in base metals, lithium, and uranium stocks which respectively, enjoyed modest rallies in the prices of their underlying commodities.

Banking stocks also bounced back, but it will likely continue to be a case of "steady as she goes" ahead of one of the biggest weeks on 2024’s economic calendar. Interest rate decisions in Australia, Japan, and the US, as well as a slew of other important data, will likely dominate investor thinking…and risk appetite!

Let’s dive in! Markets

S&P ASX 200 (XJO) Intraday Chart 18 Mar 2024 ASX 200 Session ChartThe S&P/ASX 200 ( XJO ) finished 5.5 points higher at 7,675.8, 0.44% from its session low and just 0.05% from its high – a welcome close near the high of the […]

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