CommSec Market Update

US stocks swung as investor nerves around hefty AI spending sparked volatility, with Microsoft sliding after flagging a sharp jump in capital expenditure. That tech-led weakness spilled into Europe, where stocks were dragged lower by a broader sell-off in the sector. In commodities, gold eased as investors took profits following record highs, while copper surged to fresh all-time highs as speculat...

The Aussie market finished almost flat today, recovering from morning lows despite lingering rate hike fears. While the ASX 200 slipped for a second session, the real drama unfolded in the commodities space as gold shattered records, soaring to $5,500 per ounce. BHP continued its record run, hitting an all-time high, while Deep Yellow surged 12%. Conversely, rare earth miners like Ioneer...

Wall Street wavered overnight, with the S&P 500 briefly topping the 7,000 mark before pulling back as investors looked ahead to the Fed decision and big tech earnings. Meanwhile, US Treasuries fell and equities struggled for direction after the Fed held rates steady. Elsewhere, European shares slipped, weighed down by weakness in luxury stocks. Commodities saw oil prices hover near four-month...

The Aussie market’s winning streak snapped today as hotter-than-expected inflation data fueled fears of a February rate hike. With core inflation hitting 3.4%, markets are now pricing in a 70% chance of an RBA move next Tuesday, sparking a sell-off in Retail and Tech stocks. Despite the gloom, BHP hit a record all-time high, cementing its position as Australia's most valuable company, while...

Wall Street pushed to fresh records, with the S&P 500 hitting new highs on solid corporate earnings as the US dollar slid to a four-year low. Upcoming results from the Magnificent Seven are expected to test the rally, while Medicare rate changes are weighing on health insurers. Meanwhile, US bond yields were mixed ahead of an expected pause in Fed rate cuts. In the commodities market, oil futu...

The Aussie market surged to a three-month high, driven by a powerful mining rally and Wall Street momentum. BHP reclaimed its title as Australia’s most valuable company from CBA, hitting a two-year high as safe-haven demand pushed gold past $5,100 and silver to record peaks. 10 of 11 sectors lifted, however DroneShield tumbled 6% on pipeline concerns despite record revenues. All eyes now piv...

Wall Street extended gains, with the S&P 500 and Nasdaq rising for a fourth straight session ahead of mega-cap earnings and the upcoming Fed decision. Elsewhere, US bond yields edged lower as investors assessed demand, while European shares finished higher, led by bank stocks with earnings in focus. In commodities, oil prices dipped as traders weighed a US coal snap and the resumption of suppl...

The Aussie market capped a volatile week with a modest gain, as record-breaking gold prices and a tech surge offset weakness in the banking sector. Gold miners remained the standout story, with Evolution, Westgold, and Genesis hitting all-time highs as the precious metal tracked toward its strongest weekly gain since 2020. However, the day’s top performer was Life360, which skyrocketed...

Wall Street pushed toward record highs after tariff tensions eased and fresh data reinforced the resilience of the US economy. Meanwhile, US Treasury yields edged lower as solid employment and spending figures bolstered expectations that the Federal Reserve can stay on hold. Elsewhere, European shares rebounded after Donald Trump walked back tariff threats linked to Greenland. In commodities, oil...

The ASX200 nudged up about 0.8 per cent after a choppy session, driven by US markets rallying on President Trump’s withdrawal of European tariff threats and a surprise boost in Australian employment. 65,200 jobs were added in December, lifting the market’s view of a February rate rise to roughly 60 per cent. Materials and tech led the losers, while energy, financials and miners showed...

Wall Street staged a cautious recovery after Donald Trump ruled out using force to acquire Greenland. In corporate news, Intel's shares jumped to their highest level since early 2022, while Netflix's shares fell on a tepid outlook. Meanwhile, US bond yields dipped after a recovery in Japanese government bonds. In commodities, oil prices edged higher as investors assessed a force majeure at a major...

The Aussie market slipped for a third day as escalating US-Europe trade tensions sparked global jitters. While a heavy Wall Street sell-off pressured Financials and Tech, the ASX 200 showed resilience as Materials and Energy sectors rallied. Gold and silver hit fresh record peaks, fueling surges in Northern Star, Evolution, and Westgold, while Paladin Energy jumped 13% on a strong quarterly update...

Wall Street slid to a three-week low as the Greenland dispute sparked a global sell-off, with the 'Sell America' trade erasing the S&P 500’s 2026 gains. Long-dated US bonds fell on fresh tariff threats from Donald Trump, while Japanese markets also sold off. Across Europe, shares ended lower after Trump flagged tariffs on French wine and champagne. In commodities, gold surged to a record...

The Aussie market slipped for a second day as global investors braced for a volatile US reopening following President Trump’s latest tariff threats regarding Greenland. Materials and Financials led the declines, with BHP weighed down by rising project costs despite record production, and ARB tumbling 12% on a profit downgrade. In contrast, Utilities found support through Origin Energy, which...

European stocks posted their biggest drop in two months after US President Donald Trump threatened additional tariffs over Greenland, rattling risk sentiment. With Wall Street closed for the Martin Luther King Jr. holiday, attention turned to commodities, where gold and silver surged to record highs on safe-haven demand tied to the Greenland dispute, while iron ore slid to a two-week low amid rene...

The ASX200 fell about 0.3% to close 29 points lower after a five day rally, hit by mixed Chinese data that met growth targets but showed weakening retail and property trends. Materials and energy stocks lifted modestly, while banks and tech fell. Upcoming events include US MLK holiday, European futures, Australian jobs data and key earnings releases. The content in this podcast is prepared, approv...

Global markets are on edge after Donald Trump vowed fresh tariffs tied to Greenland, with Wall Street ending little changed on Friday ahead of the long US holiday weekend. Across the Atlantic, European shares closed subdued, weighed down by weakness in luxury stocks. In commodities, oil prices settled higher as the US entered the holiday period, while gold slid more than 1% on profit-taking. Back...

The ASX200 rose about half a percent to just above 8,900, its best week in four months, driven by financials and consumer discretionary while tech and utilities slipped. Energy fell after oil prices dropped on eased US-Iran tension. Top gainers were Catalyst Metals and DroneShield. Look out for Aussie jobs, RBA meeting and US inflation data next week. The content in this podcast is prepared, appro...

Wall Street rebounded overnight as TSMC ignited a rally in chipmakers, lifting tech heavyweights while small caps continued to outperform. Goldman Sachs traders also notched a record-breaking performance. In Europe, shares climbed to fresh record highs, led by gains in technology and financial stocks. In commodities, oil slid 4% after comments from Donald Trump eased concerns over Iranian supply,...

The ASX200 logged a fourth consecutive day of gains, up about 1.5% this week and 1.6% month‑to‑date, while the materials sector led with an 8% YTD rise and a 1% daily boost. Tech slipped 2.2% and Aussie Broadband fell 4.5%. BHP rallied 8% as its gap with CBA closed, and lithium miners surged, highlighted by Liontown’s 42% YTD jump. Looking ahead, US earnings, job‑less‑claims data, manufactur...

Wall Street slipped as mixed results from big banks weighed on sentiment, while tech stocks retreated on renewed concerns over Nvidia’s chip outlook. Travel stocks also came under pressure as the US flagged plans to cancel certain holiday visas. In Europe, shares closed at record highs on Wednesday. In commodities, oil climbed on Iranian supply concerns, while copper, gold and silver surged...

The ASX200 barely moved, up 0.7 points and still near a two‑month high, about 3.3 % below last year’s record. Materials hit a fresh all‑time high (+0.9 %), while energy rose 2.3 % on oil gains. Financials fell 1.7 % led by CBA. Softer US inflation leaves the Fed likely to hold rates, with its decision and major US bank earnings later this week, and Australian jobs data due Thursday. The cont...

Wall Street fell as a warning from JPMorgan over a proposed credit card rate cap weighed on financial stocks, while US bond yields moved lower after inflation data. Elsewhere, European shares slipped as investors digested a mixed bag of corporate updates. In commodities, oil jumped on the risk of Iranian supply disruptions, while gold hit a record high as softer inflation reinforced expectations o...

The ASX200 was up about 0.7 % by early afternoon, led by a 2 % jump in the materials sector which hit a record high as gold and silver surged to fresh peaks. Financials and real estate added modest gains while energy and consumer staples slipped. US indexes closed at record levels, reinforcing global optimism. Upcoming focus includes US inflation data, the Fed’s Jan 28 rate decision, the sta...

Wall Street staged a cautious rebound amid ongoing Fed angst, with the S&P 500 touching a fresh record high, led by gains in retail giant Walmart. US banks lagged after a proposed rate cap reignited regulatory concerns, while the US dollar slipped following reports the Justice Department has subpoenaed Fed Chair Jerome Powell. Elsewhere, European shares endured a choppy session but still close...