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CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes. Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen.
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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.
Morning Report 22 Dec 23: U.S stocks rebound from biggest sell-off since September
Ryan and Tom preview U.S inflation data. China bans export of rare earth processing technology, and Aussie dollar hits highest level since July. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:4921/12/2023
Market Close 21 Dec 23: Aussie market takes a breather
The market has closed lower after multiple gains so far this month, with 9 of the 11 sectors closing down. Entertainment giants Warner Brothers and Paramount might be considering a merger to compete against the streaming services and what can we expect on the last trading day before Christmas? 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
07:5621/12/2023
Morning Report 21 Dec 23: Wall street moves sideways as rate cut rally loses steam
Wall street moves sideways as rate cut rally loses steam, Fedex plunges on US economic concerns and UK Inflation hits two year low. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:5420/12/2023
Market Close 20 Dec 23: Aussie Market raises for an 8th time in 9 sessions
The gains continue with another lift on the market taking us close to an all-time high. Laura and Stevie look at past performances to see what this could mean for the days ahead. Rate ‘cuts’ could be finally entering the conversation, and each of the sectors is unpacked as Laura and Stevie talk about what to expect as we near Christmas. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:1120/12/2023
Morning Report 20 Dec 23: Oil surges following drone attacks and AUD hits high
Wall Street climbs towards record highs as rate cut optimism lingers. U.S home building surges in November. Oil lifts on the back of Red Sea shipping concerns. Plus the AUD hits the highest levels since July. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:5319/12/2023
Market Close 19 Dec 23: Lithium in the spotlight
The losses didn’t last for long with the market finishing in the green today due to all 11 sectors ending higher. Stevie and Laura discuss which stocks stood out to them today, why lithium was in the spotlight and what's coming up as we near the end of 2023. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
08:4719/12/2023
Morning Report 19 Dec 23: WS inches up, U.S steel soars, Reserve Bank minutes preview
Wall Street inches up as oil stocks jump. Meanwhile U.S steel soars on the back of a buyout deal. Ryan previews the Reserve Bank board minutes. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:0218/12/2023
Market Close 18 Dec 23: ASX snaps 6 day winning streak
Laura and Stevie are back for your Monday market update. The gains are over, with all sectors except two experiencing a decline today. Tabcorp was up after securing a deal with the Victorian government and dental clinic Smiling Mind also did well after receiving a takeover offer today. Coming up, what can we expect from tomorrows RBA minutes? 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
09:3118/12/2023
Morning Report 18 Dec 23: WS treads water, retail and tech lead improvements
Wall Street treads water as Fed scotches rate cut talk. Retail, industrial and tech names lead improvements. Aussie dollar firms as U.S dollar moderates. SPI futures point to a sizeable deficit at the start of trade on Monday. Plus this mornings commodities. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:2017/12/2023
Market Close 15 Dec 23: Market approaches record highs
Laura is solo today as she wraps up the market update for the week. It was another day of gains, and the third week in a row ending in the positive. She discusses which sectors were lower today, what the data out of China could mean for the Aussie market and which stocks are being removed from the ASX200. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
09:5715/12/2023
Morning Report 15 Dec 23: Dow Jones up and oil rises
The Dow Jones hit record highs on Federal Reserves rate cut signal. Apple also scales an all time high. The European Central Bank resisted rate cut bets. And oil rose more than 3%. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:4914/12/2023
Market Close 14 Dec 23: Interest rate cuts?
It was a great day for the market today, with the ASX200 gaining 1.65%. Unsurprisingly, all 11 sectors were up. In this episode, Laura and Stevie discuss today’s job data, which stocks stood out to them and what to look out for as 2023 comes to a close. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
09:5814/12/2023
Morning Report 14 Dec 23: U.S shares rally, bond yields fall, ASX tipped to rise
U.S shares rally on hopes for lower interest rates in 2024. U.S bond yields fall in response to Federal Reserve rate decision. Aussie shares tipped to rise today on the back of U.S gains. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:5813/12/2023
Market Close 13 Dec 23: Market continues winning streak
The market has seen further gains today continuing what is a 4-day streak taking us close to a 3-month high. Laura and Stevie look at some of the winners on the market, discuss how 6-month oil price lows impacted the energy sector, and look at the big things to watch. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:1613/12/2023
Morning Report 13 Dec 23: WS inches up, Oil plunges, plus mid year federal budget
Wall Street inches up after November inflation data. Ryan and Craig review U.S price data and look ahead to the U.S Federal Reserve meeting. Oil prices plunges 4% to 6 month lows. Plus Craig previews the mid year federal budget. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:3212/12/2023
Market Close 12 Dec 23: Third day of gains
Laura and Stevie are back with the market close update. They chat about what led to the market being higher today, which sector was the only to decline and which stocks caught their attention. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
09:5912/12/2023
Morning Report 12 Dec 23: U.S inflation data and Aussie business surveys
Wall Street was subdued ahead of the Federal Reserve meeting. Craig and Ryan preview U.S inflation data. Craig looks ahead to Aussie business and consumer confidence surveys. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:2411/12/2023
Market Close 11 Dec 23: Flat start to week
Stevie is starting off the week solo, on a day where the market was largely flat. The energy sector was a clear winner today while miners were not so lucky. Sigma Healthcare has announced a plan to merge with Chemist Warehouse. If it gets past the regulators, it could create a $8.8 billion dollar company and Star Entertainment was the worst performer today, hitting record lows 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
09:5811/12/2023
Morning Report 11 Dec 23: WS new high, strong U.S jobs, Chemist Warehouse update
Wall Street notches a new high for 2023. U.S releases strong jobs numbers in goldilocks outcome. Ryan previews Chemist Warehouse listing update. Plus this mornings commodity 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 does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:2410/12/2023
Market Close 08 Dec 23: Aussie market lifts on takeover talks
Stevie is joined by Craig James for today’s market update. The market has closed up for the week with only 3 sectors declining today. The big focus was on talks of a potential merger between oil and gas giants Santos and Woodside which saw Santos up. Craig and Steve go over what to look out for over the weekend the the week ahead. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
09:5008/12/2023
Morning Report 08 Dec 23: A.I boosts WS, U.S job figures, Chinese data
Wall Street jumps on the back of an A.I boost. Tom and Ryan preview U.S jobs figures. Iron ore lists following better Chinese economic data. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:4407/12/2023
Market Close 07 Dec 23: A more settled session
Laura and Stevie are back for your market close update. The market certainly didn't have yesterday's gains, with 7 of the 11 sectors declining. They discuss what stocks were in the spotlight today and what to look out for. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
10:0007/12/2023
Morning Report 07 Dec 23: WS consolidates, oil hits low, ASX to open lower
Wall Street consolidates as figures point to job cooling. Oil hits a five month low on waning demand. ASX 200 set for a lower open today. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:3106/12/2023
Market Close 06 Dec 23: The best day in over a year for the Aussie Market
Laura and Stevie bring you the CommSec Market Update today on a day where all 11 sectors were in the green. They break down what is behind this positive day on the market by unpacking economic growth, run through some of the big winners, and look at what could be ahead for the next 24 hours. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:3806/12/2023
Morning Report 06 Dec 23: US mixed, China's credit outlook, Oz growth data
U.S shares ended mixed after jobs data hints at cooling economy. Meanwhile Moody’s cuts Chinas credit outlook. The German DAX index hit a record high. And Ryan previews Aussie economic growth data. Plus this morning 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 does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:0605/12/2023
Market Close 05 Dec 23: Rates steady, market falls
Mortgage holders got an early Christmas present from the reserve bank today, with interest rates remaining at their current rate until next year. The market didn't have a great day, with 9 of the 11 sectors finishing lower. Origin was in the news once again, coming close to being the best performer of the day but the same can't be said for gold and lithium stocks which both saw losses today. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
09:5805/12/2023
Morning Report 05 Dec 23: Bitcoin hits high, Spotify jumps, Wall Street gets reality check
Wall Streets bull run gets a reality check. Bitcoin climbs above 40 thousand USD as crypto rally gathers steam. Spotify jumps after saying it will cut workforce. And the AUD eases ahead of reserve bank meeting. Plus this mornings commodities. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:1104/12/2023
Market Close 04 Dec 23: A gain to start the week
The market gained on Monday, with only two sectors declining. The worst performing sector was utilities after Origin was in the news once again regarding their takeover bid. Tomorrow we will get our last interest rate decision for 2023, will we get another rate hike?See omnystudio.com/listener for privacy information.
08:5304/12/2023
Morning Report 04 Dec 23: WS hits 2023 high, Origin energy takeover vote today
Wall Street hits a 2023 closing high as Jerome Powell strengthens peak rate bets. Gold joins the party and hits a record high as well. Meanwhile the Origin energy takeover vote will take place today. Plus 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. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:4303/12/2023
Market Close 01 Dec 23: A slow start to December
Laura and Stevie are back with your Friday market update. The market didn’t have a strong start to the month, closing in the red. 9 of the 11 sectors are lower, with tech falling the most. Uranium miner Paladin Energy were the best performer today due to a 15 year high in uranium prices. Looking ahead, will we get another rate hike next week? 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
09:3901/12/2023
Morning Report 01 Dec 23: Dow jumps and oil declines
The Dow has jumped 300 points to a new 2023 high. The S&P 500 index recorded its best month since July 2022. Tom and Ryan review Saleforce’s bumper result. And oil declines on scepticism on OPEC cuts. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:5430/11/2023
Market Close 30 Nov 23: November ends in positive territory
It’s the last day of the month and the market has closed in the green both today and for the month overall. Financial software company Iress were up after a strategy update and Origin Energy are down once again after rejecting a takeover offer. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
09:4930/11/2023
Morning Report 30 Nov 23: Remembering Charlie Munger
Stocks rose Thursday on pace for big November gains. Ryan and Tom reflect on investing legend Charlie Munger’s passing. Ryan reviews Aus inflation data. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:4529/11/2023
Market Close 29 Nov 23: Inflation eases, ASX lifts
As we near the end of the month on an improvement Laura and Stevie unpack the performance of the market today. They discuss how inflation could aid in interest rate decisions and how it impacted the market today, deep dive into the performance of each of the sectors and discuss the data coming out this week that could impact the market. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:3329/11/2023
Morning Report 29 Nov 23: U.S mixed, plus highs for gold and AUD
U.S share markets mixed after Fed speak. Ryan and Tom preview Aussie inflation data. Gold prices hit a 6 month high. And the Aussie dollar hits a four month high. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:2428/11/2023
Market Close 28 Nov 23: Aussie market bounces back from slow start to the week
Laura and Stevie bring you the CommSec Market Update today on a day that has seen the market bounce back from slow start to the week. With most sectors improving modestly, Laura and Stevie unpack the sectors in detail, they look at what could impact markets in the coming days, and discuss everything from fast fashion to fast food. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:3928/11/2023
Morning Report 28 Nov 23: Wall Street mixed and local shares to start positive
A new week starts in mixed fashion for Wall Street. Analysts burrow into Thanksgiving spending numbers. Local shares expected to kick off in positive territory with key retail sales figures expected. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:2027/11/2023
Market Close 27 Nov 23: Cautious start to the week for Aussie shares
Join Craig and Steve for Monday's market update. The ASX200 didn’t have a great start to the week, almost hitting a two week low. They're discussing which sector held back the market today and the beauty retailer that's up after rejecting a takeover offer. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional See omnystudio.com/listener for privacy information.
09:5227/11/2023
Morning Report 27 Nov 23: Retail grinds higher, oil eases, positive start locally
Wall Street returns from the Thanksgiving holiday and stocks grind higher with a focus on retail sales. Oil prices ease to remain unchanged over the week. And local shares set to kick off in positive territory. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:2926/11/2023
Market Close 24 Nov 23: A small gain to end a quiet week
Laura and Stevie are back to wrap up the market today. The ASX200 was up slightly with 6 of the 11 sectors finishing higher. A survey done by CBA economists about Black Friday found some surprising results and what to look out for in the next week. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
08:4024/11/2023
Morning Report 24 Nov 23: Aus shares to rise, Euro shares hit highs as oil rallies
Aussie shares poised to rise after U.S Thanksgiving holiday. European shares hit two month highs as oil companies rally. Ryan and Tom review the latest Central Bank meeting minutes. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:5923/11/2023
Market Close 23 Nov 23: Origin’s takeover bid just got more complicated
It was another day of losses on Thursday, with the market closing down 0.62%. Almost all sectors were down today and utilities was again dragged by Origin, who are facing further complications with their takeover bid. Furniture company Nick Scali were down after the CEO sold $50m worth of shares in the company, totalling to roughly 5% of the company. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
08:2823/11/2023
Morning Report 23 Nov 23: U.S lifts, Oil slips and AUD rises
U.S share markets lifted ahead of Thanksgiving holiday. Investors focus on NVIDIA result as AI boom continues. Oil slips as OPEC delays meeting. Plus the AUD rises after RBA Bullock speech. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:4822/11/2023
Market Close 22 November 23: Webjet flying high
The market snapped a two day winning streak, finishing mostly flat on Wednesday. It was a great day for travel company Webjet, who announced higher than expected profits and infant formula maker Bubs Australia entered a trading holt. Tonight, RBA governor Michele Bullock will speak at a dinner tonight. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
09:4022/11/2023
Morning Report 22 Nov 23: WS falls, RBA speech preview and Webjet earnings
Wall Street falls on disappointing retail updates ahead of NVIDIA results. Ryan and Tom preview the RBA Governor's speech tonight. They look at Webjet earnings due out today. Plus 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:2721/11/2023
Market Close 21 Nov 23: ASX gains for a second day
The market was up today despite only a handful of sectors managing to lift. Origin Energy was in focus again today amid takeover discussions and all eyes will be on Microsoft after an open letter from OpenAI staff. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
10:0021/11/2023
Morning Report 21 Nov 23: NASDAQ leads WS up and oil climbs over 2%
NASDAQ leads Wall Street higher as Microsoft hits record high. Mine strikes and protests help propel copper to two month high. Reserve Bank board minutes are due today and oil prices climb over 2% as OPEC cuts expected. Plus AUD climbs on Tuesday. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:4220/11/2023
Market Close 20 Nov 23: ASX edged higher
The market was up ever so slightly today, despite only 3 sectors finishing higher. Energy had the highest gains, with companies like Karoon Energy in the spotlight. Clothing retailer Universal Group were up after their AGM today and the ASX itself was up after announcing an upgrade to their systems 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:2420/11/2023
Morning Report 20 Nov 23: U.S treads water as local market looks at positive start
U.S stocks treaded water on Friday but post solid weekly gains. Long and short term interest rates continue their recent trend lower. The local share market looks forward to a positive start. 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 information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:4119/11/2023
Market Close 17 Nov 23: A quiet end to a solid week
Laura and Stevie bring you the CommSec Market Update this afternoon on what has turned out to be a quiet end to the week. They break down the mixed performance of each of the sectors and what impacted them, reflect on the week as a whole, and look ahead to what we could expect with the upcoming interest rate decisions. 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 not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
09:2217/11/2023