Show Notes
The Australian share market recovered from an early selloff to finish Monday in positive territory as investors braced for a blockbuster earnings week. Materials and energy stocks led the recovery after a brutal week, while tech shares also bounced. With US earnings reports, central bank decisions, and local inflation data on the agenda, markets remain cautious heading into what promises to be one of the busiest weeks of the year.
Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
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Oil prices have climbed to a near six-month high, adding to inflation concerns ahead of Wednesday's crucial Australian CPI figures. But will the latest data cement expectations of another RBA rate hike? The ASX is poised for a weaker open after Wall Street finished lower on Friday, with US interest rates and big tech earnings also in focus this week. Plus, how many of Australia's biggest companies from more than a century ago remain among the largest today? Join James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, as they take you through all the key numbers. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
The Australian share market closed essentially flat on Friday after a choppy week, snapping three straight weekly gains. Materials and energy stocks bore the brunt of selling pressure, with commodities including copper and lithium sliding amid concerns about AI infrastructure demand. Financials recovered ground, while retail showed mixed signals. Next week looms as one of the busiest of the year, with major US tech earnings, Australian inflation data, and interest rate decisions set to drive volatility.
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The Australian share market declined slightly as materials and energy stocks pressured the broader index. Nick Scarly plunged after cutting profit guidance amid weak furniture sales, while NEXTDC rebounded sharply following yesterday's steep losses. Upcoming earnings from major US tech firms and local mining updates will drive sentiment in coming sessions. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
Wall Street climbed overnight as strong earnings from SpaceX reignited enthusiasm for AI stocks, with investors now turning their attention to Meta's upcoming results. Despite the gains in the US, the ASX is poised for a slightly weaker open after yesterday's modest rise. Plus, why smaller companies in Australia and Europe could be attracting interest from investors as money continues to pour into AI. Join James Gruber, Equity Market Strategist and James Tao, Equity Market Commentator at CommSec, as they take you through all the key numbers. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.