CommSec Market Update

The Australian share market finished Friday lower as investors grapple with rising interest rate expectations following stronger than expected economic growth and inflation data. The ASX 200 remains near the key nine thousand point level after declining for three of the month's four sessions. Global bond yields surging, US debt concerns, and upcoming inflation data from both the US and Australia a...

Rate hike fears eased overnight after comments from Fed Governor Christopher Waller, helping send US stocks sharply higher and bond yields lower. The ASX is poised to rise at the open, while a softer US dollar helped lift most commodities. Plus, which ASX stock has been the best performer of the past decade? Join James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets...

The Australian share market recovered from three straight sessions of losses, closing higher on Thursday as China's services sector data exceeded expectations. Financials led gains with major banks rising strongly, while miners bounced back sharply from Wednesday's heavy selloff. Energy stocks retreated on oil price softness, and several large names traded ex-dividend. Upcoming US jobs data and lo...

A sense of calm returned to Wall Street overnight, with US stocks snapping a three-day losing streak as bond yields eased from recent highs. The ASX is poised to open higher following yesterday’s sharp fall, while oil prices remain elevated amid renewed fighting between the US and Iran. Plus, a closer look at the quiet bull market taking hold across agricultural commodities. James Gruber, Eq...

The Australian share market fell for a third consecutive session, breaking below the key 9000 point level for the first time since late July. Stronger than expected economic growth data ramped up expectations for an RBA rate hike in September, while escalating Middle East tensions and a US bond market sell-off added pressure. Materials and gold stocks led declines, though energy remained the year'...

Renewed US attacks on Iran rattled global markets overnight, sending oil prices surging and fuelling another rise in bond yields as inflation concerns intensified. Wall Street tumbled and the ASX is poised to follow with a sharp fall at the open. Plus, what Australian 10-year bond yields reaching 15-year highs could mean for investors and the economy. James Gruber, Equity Market Strategist at Comm...

The Australian share market edged lower on the opening day of spring, pulling back slightly after a five month winning streak. Energy stocks led gains amid geopolitical tensions, while consumer discretionary stocks struggled as property price declines sparked concerns about household spending. Upcoming economic growth data and interest rate decisions will shape September's outlook. Steve Daghlian...

Renewed fighting between the US and Iran rattled global markets overnight, pushing oil back above US$90 a barrel and reigniting inflation and interest rate concerns. Wall Street finished lower as a result, with the ASX poised to follow. Plus, a closer look at new figures showing Australia’s housing downturn is deepening. James Gruber, Equity Market Strategist at CommSec takes you through all...

The Australian share market finished August mixed but on track for a fifth consecutive month of gains. Financials led while miners and tech retreated following hawkish commentary from US Fed Chair Jerome Powell at Jackson Hole, raising odds of a September rate hike. Gold prices fell sharply, pressuring the gold subsector. Key catalysts ahead include the US Fed meeting on September 16 and the RBA d...

The ASX is set to open lower as August reporting season wraps up, with a handful of companies still due to report today. Wall Street edged lower after Fed Chair Kevin Warsh’s hawkish speech fuelled expectations of another rate hike, pushing bond yields higher and weighing on commodities. Plus, why France is increasingly being viewed as the weak link in Europe. Join James Gruber, Equity Marke...

The Australian share market rebounded Friday after posting its worst session in three months, with the ASX 200 rising as tech stocks surged following NVIDIA's blockbuster results. Reporting season nears completion with mixed performances: Virgin Australia and Dicker Data impressed investors, while PEXA Group and Cobram Estate disappointed. Fed Chair Kevin Warsh speaks tonight at Jackson Hole, with...

The ASX is set to edge higher as August reporting season winds down, with another round of company results due today. Wall Street rallied overnight after Nvidia’s latest results reinforced confidence in the AI boom and fuelled a surge in tech stocks. Plus, the controversy surrounding a hedge fund legend who used AI to write an op-ed for The Wall Street Journal. Join James Gruber, Equity Mark...

The Australian share market posted its largest fall in nearly three months as household spending data sparked expectations of potential interest rate hikes. Strong consumer spending, particularly on discretionary items, raised concerns about inflation persistence, with markets now pricing in elevated odds of RBA action. Key earnings results, including NVIDIA's record outlook, also influenced inves...

Nvidia has delivered its highly anticipated results, beating expectations on both its quarterly result and forecast, although shares slipped in after-hours trade. The ASX is poised to open slightly lower after a steady session on Wall Street, with another busy day of local company results ahead. Plus, a closer look at how key global climate indicators continue to deteriorate. James Gruber, Equity...

The Australian share market gave back early gains on Wednesday as inflation data disappointed expectations. While headline inflation eased, underlying measures remained sticky and well above the Reserve Bank's target, prompting a market reassessment of rate hike odds. Earnings season continued with mixed results across consumer, technology and energy stocks, while strong showings from retailers Wo...

The ASX is set for a stronger open ahead of another busy day of company results and the latest Australian inflation figures. Wall Street gained overnight as investors took a closer look at the new US sanctions on Iran, sending oil prices and bond yields sharply lower as inflation concerns eased. Plus, why the S&P 500’s dividend yield has fallen to its lowest level on record. James Gruber...

The Australian share market delivered its strongest session in three weeks, with gains across most sectors led by technology and consumer staples. Energy stocks tracked lower oil prices, while supermarket giant Coles and defence contractor Electro Optics Systems featured among notable movers. With inflation data and earnings from major retailers expected tomorrow, investors remain focused on econo...

The ASX is set to edge higher as another busy day of company earnings gets underway, with Coles, Woodside and Scentre Group among those reporting. A stern warning from the US for countries with trade ties to Iran has put geopolitical tensions back in focus, but what has it meant for Wall Street and global oil prices? Plus, the latest RBA meeting minutes and a fresh read on US consumer confidence a...

The Australian share market rebounded on Monday after two weeks of declines, with the ASX 200 rising as the mining sector led gains on a weaker US dollar and rising commodity prices. Key earnings results from healthcare, energy, and retail stocks delivered mixed outcomes, while inflation data and NVIDIA results loom as major catalysts this week. Steve Daghlian is a Market Analyst at CommSec. Each...

The ASX is set for a stronger open as another big week of company results gets underway and August reporting season enters its final stretch. Wall Street closed higher on Friday but finished the week lower as investors weighed volatile bond yields and uncertainty in the Middle East, while commodity prices continued to climb following the US government’s surprise intervention in the bond mark...

The Australian share market retreated for a second consecutive week as a deluge of earnings results and softer employment data weighed on sentiment. Energy stocks found support from geopolitical tensions, while financials struggled after banks flagged softer mortgage applications. Key upcoming events include Australian inflation data and US earnings from major tech firms, with another busy week of...

Wall Street fell overnight as disappointing results from a major US retailer and rising bond yields weighed on sentiment. The ASX is set to follow US markets lower, while oil prices climbed to a more than three-week high as tensions between the US and Iran escalated. Plus, concerns linger over rising long-term borrowing costs as the US Treasury considers expanding its bond buyback program. Join Ja...

The Australian share market recovered from its longest losing streak since April as investors digested weaker employment data and a flurry of company earnings. Materials and gold stocks led gains, while financials continued to struggle. Key upcoming data on inflation next week could shift interest rate expectations further. Laura Besarati is a Market Analyst at CommSec. Each episode, she breaks do...

US stocks rebounded overnight as government bond yields eased, while a weaker US dollar helped lift commodities. The ASX is poised for a stronger open, with miners likely to benefit from higher commodity prices as another busy day of company results gets underway. Plus, Australian labour force figures are due today as investors assess the outlook for interest rates. James Gruber, Equity Market Str...

The Australian share market extended its longest losing streak since April, with six consecutive days of declines driven by falling US tech stocks and rising oil price concerns. Despite the weakness, the market remains up for the month and year-to-date. Reporting season volatility continues with significant individual stock swings, while healthcare rebounds strongly and financials struggle for a f...