CommSec Market Update

The local market faded late to finish 0.1% lower, marking a 1.3% loss for the week. This represents the fourth weekly decline in five weeks, driven largely by a "War Toll" on financials and healthcare. Sentiment soured after President Trump stated there was "no rush" to reopen the Strait of Hormuz, causing oil prices to spike and equities to retreat. While the materials sector gained 2% this week,...

The Australian share market is poised for gains on Friday as US technology stocks continue their record-breaking rally, driven by AI and semiconductor strength. Investors are monitoring the Trump-Xi summit in Beijing alongside solid US economic data, while keeping watch on upcoming mega IPOs that could reshape tech sector demand. Locally, QBE and Auckland Airport earnings are in focus. James Grube...

The Australian share market ended a four-day losing streak Thursday despite a mixed session where banks rebounded strongly following heavy losses, while tech stocks and consumer staples faced pressure. Key moves included Coles falling on court ruling, Megaport surging on AI contracts, and miners hitting fresh highs on strong commodity prices. Investors remain watchful of Trump-Xi summit trade talk...

The Australian share market is poised to drop at the open as strong gains in US tech fail to lift local sentiment. Investors are also weighing mixed global signals, with uncertainty around Donald Trump’s Beijing visit and trade relations keeping pressure on the ASX. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. The content in this podcast is prepare...

The local market fell today, sliding 0.5% as a sharp sell-off in banking overshadowed record-breaking gains in mining. The index has now shed nearly 3% over the past four days, hitting its lowest level in six weeks as investors digest Federal Budget changes to capital gains tax and negative gearing. CBA was the primary weight, plunging 10% after its $2.7 billion quarterly profit slightly miss...

The ASX is set to open lower following last night’s ambitious federal budget, which included major tax and housing policy changes aimed at boosting revenue. Meanwhile, US markets were mixed after inflation came in hotter than expected. Plus, a deeper look at why Australia has some of the highest mortgages in the developed world. James Gruber, Equity Market Strategist at CommSec takes you thr...

The local market fell for a third straight day, sliding 0.3% to reach a one-month low. Sentiment soured after President Trump dismissed Iran’s latest peace proposal as "garbage," warning that the ceasefire is on "life support". While the ASX remained cautious ahead of tonight’s Federal Budget, the index has shed 2.5% over the past three sessions. BHP hit a record high of $60 per share,...

The Australian share market is poised to open slightly higher as energy stocks track surging crude prices following US-Iran ceasefire tensions. Markets remain cautious ahead of tonight's federal budget release and key economic surveys. Plus, lessons from the downfall of once biotech darling CSL. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. The content in...

Australian shares retreated for a 12th time in 15 days as US-Iran tensions overshadow strong US jobs data. Healthcare stocks fell sharply, dragged down by CSL's significant downgrade and impairment charges. Energy gained on oil price support, while Metcash and Dyno Nobel impressed with solid updates. The federal budget and Fed chair vote loom this week. Steve Daghlian and Laura Besarati are Market...

The Australian share market is expected to fall as geopolitical tensions weigh on investor sentiment, despite Wall Street reaching fresh record highs on strong corporate earnings. US oil and base metals surged following developments in the Middle East, while local investors await the federal budget announcement tomorrow evening. Key themes include cost of living relief, tax changes, and NDIS refor...

The Australian share market suffered its worst session in seven weeks as US-Iran escalation triggered broad-based selling across all sectors. Financials led declines while energy stocks fell despite rising oil prices. Macquarie Group outperformed with record earnings, while Tabcorp plunged on regulatory concerns. Investors await the federal budget next week and CBA results. Steve Daghlian and Laur...

Australian shares face headwinds on Friday as Middle East peace negotiations between the US and Iran stall, weighing on global markets. Wall Street retreated from record highs as semiconductor stocks pulled back after an extraordinary year. Local earnings from Macquarie, QBE, REA and News Corp will guide the ASX, with the federal budget looming next week. Join James Gruber, Equity Market Strategis...

The local market surged for a second straight day, lifting 1% to a two-week high. Sentiment was bolstered by a record lead from Wall Street and fresh optimism for a US-Iran peace deal. With President Trump claiming a truce is "very possible," oil prices tumbled 7% back toward 100 USD, providing broad market relief. Mining stocks led the charge, jumping 3.7%, while Orica rocketed 8% on a...

There are growing signs an Iran peace deal may be close, sending stocks soaring and oil prices plunging. Plus, what has happened to Berkshire Hathaway one year after Warren Buffett retired? James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60...

The Australian share market rallied on Wednesday, posting its strongest session in about a month. Banks and materials led the charge, together accounting for roughly 60% of the index. Easing Middle East tensions, falling oil prices, and strong US earnings results buoyed sentiment. However, outside the two dominant sectors, gains were modest. Key upcoming events include US employment data tonight a...

US markets hit fresh record highs as semiconductors surged. Oil prices fell as the Iran ceasefire held, while attention now turns to the fallout from the RBA’s latest rate hike. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 25...

The local market slid by 0.2% today as investors juggled a hawkish Reserve Bank and a dangerous escalation in the Middle East. Overnight, oil prices jumped 5% following missile exchanges in the Strait of Hormuz, including reports of Iranian strikes on a UAE port and the US sinking Iranian boats. This "oil shock" pushed the RBA to raise interest rates to 4.35%—a third consecutive hike th...

Iran attacks have escalated tensions in the Middle East, sending oil soaring and stocks and bonds lower. Plus, we take a closer look at the Aussie market’s recent underperformance. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067...

The Australian share market opened the week in the red as investors brace for the Reserve Bank's interest rate decision tomorrow. Key themes include energy sector weakness amid oil price declines, tech strength tracking US gains, and company earnings warnings tied to Middle East conflict impacts. Bank results and the Macquarie Conference also loom ahead. Steve Daghlian and Laura Besarati are Marke...

Wall Street has pushed back to record highs on the back of strong corporate earnings. Meanwhile, the Australian share market is expected to open lower, with the US and Iran still engaged in ongoing talks over the Middle East conflict. 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. The content in th...

The ASX200 bounced back from three-week lows today with its best day in weeks, but we're still down 0.65% for the third weekly decline. Meanwhile, Wall Street's had a great month, the S&P 500 posting its best performance since 2020. What's on everyone's radar now: the RBA rate decision, bank earnings, and the US jobs report, all against the backdrop of Middle East tensions. Steve Daghlian and...

The Australian share market is set to jump at the open, following investor optimism out of the US, fuelled by corporate earnings and a resilient economy. Plus, it’s been quite a ride for oil over the past 24 hours. 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.  The content in this podca...

The ASX200 has now fallen for eight straight days, closing April roughly 2% higher despite hot inflation data that's pointing toward another RBA rate hike. Energy shares rallied hard as oil hit four-year highs on US-Iran tensions, but Woolworths dragged things down with an 8% tumble after downgrading earnings. We've finished at a three-week low, with investors watching overnight results from Apple...

The ASX is set to fall as oil prices rip higher. The US Federal Reserve has kept interest rates on hold, while investors now await key results from Big Tech. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The inf...

The ASX200 fell about 0.25% to a three week low, marking a seventh straight session of declines. March CPI surprised a touch below forecasts at 4.6% headline while trimmed mean was 3.5%, leaving markets still pricing a likely RBA hike next Tuesday. Utilities and energy outperformed, oOh! Media jumped on a Pacific Equity Partners bid. Watch the US Fed decision and major US tech results. Steve Daghl...