CommSec Market Update

With Wall Street closed for Independence Day Tom and Ryan look to the European markets this morning. Ryan unpacks the RBA’s decision to pause rate hikes. Tom explains how U.S petrol prices can affect the election, plus the team look at some key commodities this morning plus the AUD. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited AB...

Stevie is flying solo for tonights market close update. The market closed up for a third session along with 6 of the 11 sectors. This was after the highly anticipated interest rate announcement resulted in unchanged interest rates. There have been 12 rate hikes since May 2022 and encouraging signs of slowing inflation last week. Find out which stocks improved following the Aussie central bank’s de...

Ryan digs into some housing data this morning and also looks at pay increases which are on the rise. Meanwhile it was a quiet session on Wall Street after an early close for Independence Day. Plus the team look at commodities and the AUD. 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...

The new financial year is off to a good start with the first day of ending with a positive finish. 9 of the 11 sectors also finished in the green with tech and healthcare being the only ones in the red. Costa Group was the top performer today, just in front of United Malt Group, who were up today after agreeing to a takeover deal from a European company. Coming up, will we get another rate hike to...

Tom and Ryan look to the U.S where Wall Street celebrates following a lower inflation reading. Back in Australia house price gains ease as further rate hikes expected. And the team look to the week ahead, plus review this mornings AUD and commodities. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. Th...

It’s new financial years eve and the market celebrated by finishing in the green, along with 8 of the 11 sectors. The market ended in positive territory for the week, the month, the quarter and the financial year. Downer EDI was the best performer after winning a $4.6b contract with the QLD government. Imugene rose after making progress in its cancer treatment study. Ahead, the Reserve Bank will h...

Tom and Ryan look to the U.S first where investors have held their nerve overnight as the head of the Federal Reserve hints at more rate hikes. The team dig into some strong retail data at the end of the financial year. Ryan looks into important China data coming today. Plus Tom covers this mornings commodities. The content in this podcast is prepared, approved and distributed in Australia by Comm...

The one and only Steve Daghlian has returned just in time for this week’s Thursday closing update. The market finished ever so slightly down today, along with 7 of the 11 sectors. Bega cheese was down for a seventh day and purchasing managers data out from China tomorrow. Join us again tomorrow for the end of the financial year! The content in this podcast is prepared, approved and distributed in...

Tom and Ryan look at U.S stocks which have consolidated overnight as central bankers continue to talk up interest rates. Tom looks into potential U.S export restrictions on microchips and how this may affect tech markets. Ryan previews today’s all important retail sales figures. Plus this mornings commodities and AUD. The content in this podcast is prepared, approved and distributed in Australia b...

The market is making back some of last weeks losses after two straight days of gains. The monthly report on consumer prices showed the annual inflation rate falling from 6.8% to 5.6% in May, well short of economist forecasts centred on 6.1%. Almost all sectors finished up except for Utilities. Harvey Norman rose on new profit guidance and Ramsay Healthcare rose after it said it was exploring the s...

Tom and Ryan look to the U.S first this morning where investors have piled back into tech shares on Wall Street overnight. Meanwhile European shares have inched up on a China boost but rate hike fears limit gains. And the team assess inflation data released today. Plus this mornings commodities and the AUD. The content in this podcast is prepared, approved and distributed in Australia by Commonwea...

Laura is joined by Craig for your Tuesday market close update. The market broke its four day losing streak today, gaining 0.56%. 6 of the 11 sectors also finished up, with Real Estate coming out on top. The company behind KFC was on top today and Bega was down despite the sale of their Port Melbourne factory. Coming up later this week we have inflation data for May.  The content in this podcast is...

Tom and Ryan take closer look at the market implications of geopolitical tensions in Russia. Meanwhile global stocks have eased with concerns over growth. Ryan takes a look into movements in the electric vehicle space. And Tom has this mornings AUD. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The...

The last week of this financial year is here and it has started with the ASX200 dropping for a fourth straight session. Only 2 of the 11 sectors managed to lift. Whiskey producer Lark Distilleries saw their share price drop and Silk Laser was up after agreeing to Wesfarmers purchase offer. Gold was a bright spot after developments in Russia over the weekend which strengthened commodity prices. Loo...

Tom and Ryan look at U.S and European stocks this morning which have faltered at the prospect of lower growth and higher interest rates. They highlight the manufacturing sector which is continuing to decline globally. Ryan looks at the financial impact of the failed military coup in Russia. Plus the team look to the week ahead. The content in this podcast is prepared, approved and distributed in A...

It’s another bad day for the market with the ASX closing down, with only 18 of the 200 shares gaining. 9 of the 11 sectors were also in the red with energy performing the worst after a decline in oil prices. The Bank of England increased rates more than many expected and lithium companies came out on top today. Coming up, international data coming out overnight and next week will be the last of th...

Technology stocks have driven Wall Street higher overnight as Federal Reserve Chair Jerome Powell wraps up his testimony. Meanwhile the Bank of England has announced a jumbo rate hike. Ryan looks into oil which has plunged on demand fears. Plus this mornings commodities and the AUD. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited AB...

Craig and Laura are back with the Thursday market closing update. The market closed significantly lower today along with all of the 11 sectors. If the market fell 0.02% more it would have ended with the worst day in three months. Investors are disappointed that stimulus measures haven’t yet been announced in China. At the same time the US Federal Reserve chair, Jerome Powell, warned that another t...

Tom and Ryan look to Wall Street this morning with a sell off as Fed Chair Powell hints at further hikes. Meanwhile stubborn U.K inflation turns the heat up on the Bank of England. And Ryan looks at commodities where oil rallies as grain markets tighten.  The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814...

Join Laura and Craig for the Wednesday evening market update. The ASX closed down today after 7 days of gains along with 10 of the 11 sectors. Multiple airlines struggled today as well as Flight Centre, who declined following their investor day. Coming up, US Chair of the Federal Reserve, Jerome Powell, will be giving two speeches overnight.  The content in this podcast is prepared, approved and d...

Tom and Ryan look to the U.S where shares are down as investors look towards two consecutive days of testimony from the head of the Federal Reserve Jerome Powell. Meanwhile minutes from the RBA board meeting show interest rate decision was finely balanced. Tom looks at what’s coming up today, plus this mornings commodities. The content in this podcast is prepared, approved and distributed in Austr...

Laura is joined by CommSec Chief Economist Craig James to give you update you on Tuesday’s market performance. The market closed up for a 7th straight session, gaining over 3% over the last five days. 10 of the 11 sectors finished in the green today, with the healthcare sector being the only to decline. Shares slightly declined for media group ARN after they bought a 14.8% stake in rival Southern...

With Wall Street closed overnight, Tom and Ryan look at Europes response to global growth concerns. Plus the team look locally into the RBA minutes as well as Chinese interest rates which are in focus. Plus this mornings commodities and the AUD. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The info...

Craig joins Laura today as they unpack the Australian sharemarket which defied a negative lead from Wall Street to post firm gains on Monday. Meanwhile trading was generally quiet as investors looked ahead to key central bank events later in the week. Laura highlights a major sale in the gambling industry, plus the team look ahead at what to watch for tomorrow. The content in this podcast is prepa...

It’s a new week and Tom and Ryan are back for another morning report. They discuss the conversations around the market, the future of rate rises, AI, the Chinese market and take a look at the week ahead. The US market will be closed on until our Wednesday for the Juneteenth holiday. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited AB...