Can the ASX keep climbing? | PM 29 Oct 26

Wall Street was little changed overnight after the Federal Reserve held interest rates steady, but with further hikes still on the cards, how long will the pause last? Here at home, hotter-than-expected inflation has strengthened expectations of another RBA rate hike, while the ASX is poised for a slightly stronger open. Plus, how today's gradual interest rate increases compare with the much sharper hikes of decades past. 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.

The Australian share market surged early but reversed sharply after inflation data exceeded expectations, wiping out gains and fueling expectations of another RBA rate rise next week. Key earnings updates from Woolworths, SiteMinder, and Data3 provided bright spots amid rate-sensitive sector weakness. Global central bank decisions loom. 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 pushed higher overnight as AI stocks extended their rally, with investors turning their attention to major tech earnings and the Federal Reserve's upcoming interest rate decision. Closer to home, the ASX is poised for a slightly stronger open ahead of today's crucial inflation figures, which could influence the RBA's next rate move. Plus, why stubborn US inflation is raising questions about the Federal Reserve's 2% target. 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.

The Australian share market recovered from early losses to finish in positive territory as investors bought the dip. Key themes included renewed excitement around artificial intelligence following Anthropic's IPO announcement, which boosted data centre and copper-related stocks. With major central bank decisions and crucial Australian inflation data looming this week, markets showed typical caution early in the session before afternoon buying support emerged. 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 news of Anthropic's plans for a potentially record-breaking IPO boosted AI stocks, while oil prices eased but remained near six-month highs. With the ASX poised for a flat open after yesterday's modest gains, what could the latest developments mean for local trading today? Plus, why Bunnings' dominant market position gives it an edge over other major retailers. 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.