CommSec Market Update

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...

US stocks fell ahead of key earnings and economic data, with renewed AI worries weighing on sentiment. Oil jumped again as peace talks stalled, and does the Sell in May rule still hold up for investors? 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 Li...

The local market fell for a sixth straight session, sliding 0.7% to a three-week low. This marks the longest losing streak for the index in nearly four years. Stalled peace talks pushed oil toward 110 USD - double its price since January. Monthly gains have now halved to 2.7% as the market braces for tomorrow's high-stakes inflation data. Energy stocks rose 1.2%, but the broader market was a...

The Australian share market is set to open lower, while Wall Street continues to hover at record highs. Plus, why are oil prices rising again? 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 information does n...

The ASX200 slipped about 0.25% to a three week low, extending a five session losing run as volumes picked up despite state holidays. Energy led declines even as oil rallied, while Atlas Arteria jumped on a $7bn IFM takeover bid and Megaport and Newmont outperformed. Key risks this week are Wednesday’s Aussie inflation print major US tech earnings and the Fed decision. Steve Daghlian and Laur...

Technology has boosted US stocks to a record close, but uncertainty remains over the Middle East conflict after the US cancelled its peace talks trip. Closer to home, signs point to a flat start for the Australian share market. Gillian Bowen, Head of Media and Markets at CommSec takes you through all the key numbers. The content in this podcast is prepared, approved and distributed in Australia by...

The ASX200 slipped for a fourth day and is down about 1.8% this week despite a 3.5% month to date gain. Energy led as oil topped US$106 a barrel while materials and gold lagged. Suncorp secured A$2.4 billion in reinsurance and IGO cut spodumene guidance. Markets now focus on US big tech results Fed decision and Australian quarterly inflation. Steve Daghlian and Laura Besarati are Market Analysts a...

Tensions are flaring in the Middle East, pushing oil higher and stocks lower. Locally, the Australian share market is set to open flat, with a closer look at what’s happening with the dollar. 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 podcast is prepared, approved and...

The local market slipped for a third straight day, falling 0.6% as hopes for a US-Iran peace deal faded. With negotiations stalled and the Strait of Hormuz closed once again, oil prices have reclaimed the 100 USD mark for the first time in weeks. The index has now retreated 2.5% from its recent mid-April highs, erasing a significant chunk of the month’s recovery gains.  Energy stocks we...

US stocks surged on the ceasefire extension and strong earnings reports, but the ASX is poised to fall at the open as oil climbs back above $100 a barrel. 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 inform...

The Aussie share market tumbled more than 1% on Wednesday, marking its worst day in five weeks, as investors reacted to ongoing uncertainty over US-Iran peace talks. The financial sector led the decline, with major banks falling between 2-2.5%, while Cochlear shares plunged 40% after a significant profit downgrade. Treasury Wine Estates was a rare bright spot, jumping 16.5% on a major business res...

Breaking news on the US-Iran war, the fragile ceasefire has just been extended. Earlier stocks slipped while oil prices surged amid ongoing tensions, plus a look at how Australian business start-ups are thriving. 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 Sec...

The local market delivered a directionless session, dipping less than 0.1% as investors braced for the expiration of the US-Iran ceasefire. With President Trump signalling he is unlikely to extend the two-week truce, markets remain in a "wait and see" pattern. Despite the cautious mood, the ASX remains up roughly 5.5% for the month. Rio Tinto outperformed, lifting 0.75% after revealing its product...

Talks between the US and Iran remain stalled as the ceasefire deadline looms. Share markets fell while oil surged on renewed tensions and a closer look at the war’s long-term damage to the Middle East’s infrastructure. 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 b...

The local market staged a late recovery to finish flat after sliding 0.5% early on. Conflicting Middle East signals kept investors cautious, with oil prices bouncing 7% after the Strait of Hormuz was re-closed. The index remains stuck below the 9,000-point psychological barrier as "wait and see" mode prevails. NAB dropped 3.6% - its seventh straight loss - after flagging a $706 million bad debt pr...

We emerge from another weekend with little certainty around the US-Iran war, setting the stage for a potentially rocky start to the week for markets. 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 podcast is prepared, approved and distributed in Australia by Commonwealth Securit...

Local shares ended an uninspiring week with a 0.1% dip. Despite President Trump’s claims that US-Iran peace talks are going "swimmingly," markets remained skeptical, failing to hold the psychological 9,000-point level. The retreat is minor, however, compared to last week’s massive 4.5% surge. Zip rocketed 14% after hiking profit goals to $260 million on US strength. Conversely, Temple...

There’s been an update on ceasefires and peace talks as the Middle East war continues. That’s helped reassure Wall Street investors, with earnings season also gathering pace. Back home, the Aussie market is set to open lower. 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...

The Aussie share market slipped today after two days of gains, with banks and miners weighing on the index despite tech stocks surging seven percent. The market struggled around the 9,000 point level, though remains up 5.5% in April. Jobs data showed resilience with unemployment steady at 4.3%, while Chinese economic figures delivered a mixed result. Global markets were supported overnight by US e...

The S&P 500 hit a record high as corporate earnings continued to roll in, while European markets dipped as earnings there raised further concerns. In Australia, key unemployment figures will be in focus today. 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 Se...

The Aussie share market edged higher on Wednesday, with the ASX 200 gaining around a tenth of a percent despite mixed sector performance. Energy and defensive sectors retreated, while tech rebounded and materials lifted. Gold miners led gains after Evolution Mining forecast strong production amid record gold prices. Virgin Australia surged 8% after reaffirming its earnings outlook despite Middle E...

Share markets continued to rise on hopes of renewed US-Iran talks. Oil plunged as supply concerns eased, while attention is turning to China where the war has overshadowed fresh developments. 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 6...

The ASX snapped a two-day slide today, lifting 0.5% on renewed hopes for a US-Iran peace deal. While gains halved from morning peaks following the start of a US Navy blockade in the Strait of Hormuz, the market remained resilient. BHP surged 3.2% after reports that China is reopening doors to its iron ore, but the corporate "war toll" weighed elsewhere. Qantas flagged an $800 million fuel hit...