Show Notes
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.
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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.
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.
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.