CommSec
CommSec Market Update
Stay across key moves in the Australian and global share markets with the CommSec Market Update. Brought to you by CommSec’s expert team, join us for two, 10-minute episodes every weekday to keep your finger on the pulse. Start your morning at 7am with James Gruber and Gillian Bowen for a comprehensive analysis of overnight international moves and a look at what to expect for the day ahead. Then, once the ASX closes, join Steve Daghlian and Laura Besarati for a thorough wrap-up of the day’s trade. Whether you're a seasoned investor or just starting out, we keep you up to date on the what, and...
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Episodes
AM 19 May 26: Iran war pause, US markets pare losses 18.05.2026 7:03
US markets pared losses after Donald Trump paused any immediate escalation in the Iran conflict. The Australian share market is expected to open in the black, while a closer look at how inner London property prices have stalled over the past decade. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. The content in this podcast is prepared, approved and distrib...
PM 18 May 26: ASX plunges to seven week low 18.05.2026 10:00
The ASX 200 fell sharply on Monday, hitting a seven-week low as weak economic data from China and rising US bond yields weighed on investor sentiment. Almost all sectors declined, with industrials and materials hardest hit, though energy stocks found support from higher oil prices. Key upcoming events include Nvidia earnings and Australian jobs data later in the week. Steve Daghlian and Laura Besa...
AM 18 May 26: What’s fueling the US market sell-off? 17.05.2026 9:20
Wall Street has retreated from record highs as investors weigh what’s driving the latest sell-off. The Australian share market is heading for a lower open, while attention is also turning to Nvidia’s key results later in the week. James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, take you through all the key numbers. The content in this po...
PM 15 May 26: 4th weekly drop in 5 weeks 15.05.2026 9:11
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,...
AM 15 May 26: US shares hit records on tech boom 14.05.2026 8:44
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...
PM 14 May 26: ASX snaps four day losing streak 14.05.2026 9:14
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...
AM 14 May 26: Tech drives US markets to record highs 13.05.2026 7:56
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...
PM 13 May 26: Bank profits weigh on ASX, miners climb 13.05.2026 9:59
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...
AM 13 May 26: ASX to fall after ambitious budget 12.05.2026 7:53
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...
PM 12 May 26: Markets brace for budget 12.05.2026 9:54
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,...
AM 12 May 26: Oil up, stocks steady as Iran truce frays 11.05.2026 7:31
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...
PM 11 May 26: CSL slumps to near 10-year low 11.05.2026 10:00
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...
AM 11 May 26: ASX to fall, big budget week ahead 10.05.2026 8:30
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...
PM 08 May 26: Worst day in 7 weeks for ASX 08.05.2026 8:52
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...
AM 08 May 26: Stocks fall on Iran peace deal doubts 07.05.2026 9:49
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...
PM 07 May 26: ASX climbs to 2 week high 07.05.2026 9:24
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...
AM 07 May 26: Iran deal nears, stocks soar 06.05.2026 7:07
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...
PM 06 May 26: Best day in a month for Aussie stocks 06.05.2026 10:00
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...
AM 06 May 26: US markets hit fresh record highs 05.05.2026 7:35
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...
PM 05 May 26: RBA hikes rates again 05.05.2026 10:00
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...
AM 05 May 26: Oil soars, stocks dip on Iran attacks 04.05.2026 7:23
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...
PM 04 May 26: Caution ahead of RBA decision 04.05.2026 10:00
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...
AM 04 May 26: ASX to slip, US hits new highs 03.05.2026 8:38
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...
PM 01 May 26: ASX snaps 8-day losing streak 01.05.2026 10:00
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...
AM 01 May 26: ASX to jump as oil sinks 30.04.2026 9:33
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...
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