CommSec Market Update

The market has seen some declines, but Laura and Stevie explain how it could have been worse amid economic data coming out of China.  The Reserve Bank of New Zealand have decided to keep interest rates on hold, they look at the upcoming speeches and economic data that could move markets, and deep dive into the sectors and stocks which have seen mixed performance today. The content in this podcast...

The S&P 500 edges higher, consolidating around record levels, while commodity prices ease as the US dollar gained. Overseas, European stocks retreat, particularly in mining and energy sectors. The Kiwi interest rate decision is expected today. Locally, futures point to a lower open for the ASX200, and the Aussie dollar remains steady at 67.4 US cents. The content in this podcast is prepared, a...

The market has bounced back today following the losses of yesterday.  Laura and Stevie start by discussing US markets which also saw some gains and then look to the local performance.  Locally all of the sectors ticked upwards today with financials leading the charge, the telecom sector is in the headlines, and they share the stocks that caught their eye in the past 24 hours. The content in this p...

Wall Street continues to grind out the new trading week with record highs but investors are pensive ahead of inflation figures and earning season. European markets consolidated after last week's gains with energy and miners underperforming, while insurance and travel stocks improved. Commodity prices ease from multi week highs. Locally, investors are looking forward to consumer and business sentim...

The week has started off quite poorly wiping out all the gains that took place last week.  Laura and Stevie unpack the happenings over the weekend that influenced this shift including jobs and unemployment data.  Nine of the eleven sectors saw declines today with materials and energy stocks dragging the most on the market.  Gold is in focus today as prices lifted, lithium is back in discussion, an...

The ASX200 is expected to open in negative territory after a modest gain in the first week of the month. The US dollar continues to moderate supporting commodity prices with gold at 6 week highs. Technology names lead the way with the Nasdaq up more than 3% last week. ResMed finds support after its recent sell off and the Aussie dollar continues to gain against the Greenback. The content in this p...

The Aussie market dipped slightly today despite a generally strong week, bolstered by a 1.2% rise the previous day. The market's directionless nature was partly due to the US market being closed for the Independence Day holiday. However, expectations of a US rate cut in September, following soft economic data, provided some optimism. Mining stocks, driven by rising commodity prices, performed well...

Wall Street was closed for the Independence Day holiday, but European stocks were higher, led by energy and financial sectors, and ahead of key election outcomes. Commodity prices consolidate on recent gains, with oil prices remaining at two month highs, and the Aussie dollar surges on the back of US dollar weakness. The content in this podcast is prepared, approved and distributed in Australia by...

Australian shares surged by 1.2% following fresh record highs in US markets, driven by expectations of potential US interest rate cuts, sparked by weaker-than-expected US economic data. Commodity prices also boosted local energy and mining stocks, with oil, gold, and iron ore prices all climbing. In company news, rumours of potential takeover bids for Santos sent its shares to a two-year high, whi...

Wall Street hit new record highs overnight, with the S&P 500 and Nasdaq performing well although the Dow Jones finished slightly negative. European markets rise on lower US interest rates and political developments in France. The Aussie dollar surges on the back of US dollar weakness, gold prices at one month highs and oil hits its highest levels in two months. Weight loss drug makers lose gro...

There has been a small gain today on the market but investors seem to remain hesitant overall.  Laura and Stevie unpack this mixed day which saw around half of the sectors improving.  Retail spending figures are the subject of conversation today despite these figures not having a huge impact on the market, they look at the standout stocks including Booktopia and Liontown, and the day ahead. The co...

Technology names lead Wall Street higher, Tesla shares up 10% on encouraging update, oil prices moderate as weather concerns ease and the Aussie dollar benefits from Greenback weakness. Investors look ahead to retail sales numbers locally and Chinese services figures anticipated. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 6...

The market is still waiting for a fresh catalyst it would seem as Laura and Stevie unpack two days of losses following a couple of weeks of near record highs.  With majority of the sectors in decline today they look at the big movers, and with energy one of the few to see gains this sector remains in focus.  Liontown is the top performer today, and Lovisa is the worst performing following doubts a...

US and European markets post modest gains on the first day of the month with US stocks gaining despite sharp rise in interest rates. European investors express relief following French elections and big tech names lead advance on Wall Street. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The informat...

It was a slow start to begin the new financial year.   Laura and Stevie reflect on a day where most of the sectors saw a decline.  They look at the materials sector in detail which did manage to rally today and unpack the reasoning behind that boost, reflect on the recent local market performance in comparison to international markets, and look at the stocks that were in focus today. The content i...

Wall Street ends the final day in the trading week in negative territory and weaker economic figures from China to create headwinds in local shares. European investors pensive ahead of French polling results and Nike experienced its worst day since its listing in 1980, which reverberated throughout the leisure wear sector, leading to declines in companies like Lululemon, JD Sports, and Puma. The c...

Despite starting the session strongly, the Australian share market had a subdued finish to a week dominated by inflation concerns. Over the week, the market showed resilience, recovering from significant mid-week losses caused by worse-than-expected inflation data. Highlights included Mirvac's rebound after selling a major stake in a Sydney office tower, ANZ's acquisition of Suncorp's banking busi...

Wall Street shows only modest gains ahead of key inflation figures, while Aussie shares are expected to rise ahead of private sector credit data. A fall in US bond yields was outperformed by technology shares with server maker, Super Micro Computer, now the top performer on the S&P 500. European markets were mixed, with retail stocks performing poorly and Aussie shares were up neutralising yes...

The Australian share market experienced a significant dip, with real estate stocks notably plummeting due to a combination of ex-dividend trading and fears of rising interest rates. Inflation remains a pressing issue, with May's data showing a 4% increase, the highest in six months, leading to speculation about potential rate hikes in August or September. Despite overall market losses, tech stocks...

Wall Street continues to grind ahead of key inflation figures, while Aussie shares are expected to fall sharply as inflation data spooks investors. Micron Technology declined in late trading after its forecast failed to meet the sky-high expectations of some investors. Australia now has the highest inflation in the developed world, with commodity prices under pressure due to a push in the US dolla...

Laura and Stevie start the episode by calling this a ‘terrible day on the share market’.  Join them as they unpack this on a day where Inflation data was significantly higher than expectations.  They look at how this has impacted market sentiment, discussions around rate hikes, and what further upcoming economic data could do to the movements that we saw today.  They talk through the stocks that c...

Wall Street recovers thanks to a move higher for technology names. All eyes are on Micron Technology, which will release its third-quarter earnings report on Wednesday. Amazon, Meta, and Google are up 1% and Nvidia shows a significant rebound after falling for three straight sessions. In Canada, inflation numbers came in stronger than expected after cutting interest rates for the first time in fou...

The Aussie market has reversed the losses of yesterday.  Laura and Stevie discuss this ‘bounce back’ and why it is surprising given the upcoming local and international inflation data.  They discuss how this upcoming data could impact the days ahead, consumer confidence in the current climate, and look at the sectors in detail with all of them spending the majority of the day in positive territory...

A nervous start for Wall Street with tech stocks in reverse, while Aussie shares are expected to open higher ahead of KFC operator Collins Foods' results. US equities might be set to pause as investors await inflation data. ResMed's Aussie shares are under some pressure, while energy stocks and banks in Europe saw gains.  The content in this podcast is prepared, approved and distributed in Austral...

The market has started things cautiously this week reversing almost all of last week’s gains.  Laura and Stevie discuss this session which continued to get worse as the day went on and the two main catalysts that could impact markets through this week.  They look at today’s performance where almost all of the sectors have slipped, the stocks that were in focus, and what to expect across the final...