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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.
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Morning Report 07 Sept 23: Data stokes inflation and rate worries

Morning Report 07 Sept 23: Data stokes inflation and rate worries

Wall Street slid overnight as economic data stokes inflation and interest rate worries. Meanwhile oil prices have hit fresh nine month highs. Tom and Ryan preview RBA Governor Phillip Lowe's final speech. 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.
13:4006/09/2023
Market Close 06 September 23: Oil prices gush higher

Market Close 06 September 23: Oil prices gush higher

The Aussie market didn’t have a great session today. Energy was the only sector to lift, while banks and miners weighed most. Higher oil prices and concerns about China were a big weight on markets today. Can and bottle maker, Orora was under the most pressure after raising money to buy a French bottle maker company. Tomorrow, keep an eye on BHP which will be trading ex-dividend – the cut off for those eligible to receive a dividend payment – as it could weigh on the Aussie market given that it’s the largest stock on the ASX. 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.
12:3606/09/2023
Morning Report 06 Sept 23: Wall Street slips, OPEC cuts production

Morning Report 06 Sept 23: Wall Street slips, OPEC cuts production

Wall Street slips as bond yields rise with oil prices boosting the energy sector. Meanwhile OPEC extends crude production cuts until December. Ryan and Tom assess todays economic growth data for Australia. Plus this mornings commodities and the AUD.See omnystudio.com/listener for privacy information.
14:1505/09/2023
Market Close 05 September 23: Interest rates on hold for 3rd month

Market Close 05 September 23: Interest rates on hold for 3rd month

RBA governor Phillip Lowe held interest rates today, in what was his last policy meeting before he steps down. Sectors were mixed with health care finishing the highest. Qantas CEO Alan Joyce has brought his retirement forward, finishing up this week and Westpac was down after ASIC looked into ignored hardship requests. 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.
12:2705/09/2023
Morning Report 05 Sept 23: Euro shares fall flat

Morning Report 05 Sept 23: Euro shares fall flat

Tom and Ryan head to Europe first this morning where shares were flat with U.S markets closed for labour day. Meanwhile European mini shares have been supported by Beijing stimulus. They preview the Reserve Bank interest rate decision today. Plus this mornings commodities and 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.
14:0104/09/2023
Market Close 04 September 23: Solid start ahead of interest rate decision

Market Close 04 September 23: Solid start ahead of interest rate decision

The market was up today, largely thanks to the materials and energy sectors. It was another troubling day for Qantas today, hitting an 11 month low. Lithium miner Liontown was on top today after an update about a potential takeover. The U.S. and Canadian markets will be closed tonight for a public holiday but a busy day locally tomorrow with the rate decision out. 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.
11:3304/09/2023
Morning Report 04 Sept 23: Wall Street survives jobs report

Morning Report 04 Sept 23: Wall Street survives jobs report

To the U.S first as always this morning where Wall Street has survived a key jobs report. Meanwhile Aussie stocks are set to build on last weeks improvements. Tom and Ryan discuss the key risk events of the upcoming week. 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.
14:4403/09/2023
Market Close 01 September 23: Underwhelming start to Spring

Market Close 01 September 23: Underwhelming start to Spring

The market has started off the month lower, finishing down around 0.4%. Only 3 sectors managed to lift, with energy up on top. Qantas had another troubling day as they face hefty fines and mining company Fortescue was down after a third executive resigned in just one 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.
15:1201/09/2023
Morning Report 01 Sept 23: Cannabis stocks on a high

Morning Report 01 Sept 23: Cannabis stocks on a high

Starting in the U.S this morning where Wall Street ended mixed after inline inflation data. Meanwhile global share markets have ended August lower. The team looks into cannabis stock results overnight. 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.
12:4331/08/2023
Market Close 31 August 23: Market falls for the month

Market Close 31 August 23: Market falls for the month

The last day of the month saw the market have it’s fourth straight day of gains, however it gained only 0.10%. 8 of the 11 sectors were up, with telcos back in the green and energy having the biggest losses. Harvey Norman rose despite a decrease in profits and Qantas faces some turbulence. 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.
11:3031/08/2023
Morning Report 31 Aug 23: Fears of Chinese property giant default

Morning Report 31 Aug 23: Fears of Chinese property giant default

Wall Street ends higher overnight as weaker economic data fuels rate pause bets. Ryan and Tom assess European and Aussie inflation data as well as another potential major Chinese property default. Ryan looks locally with Harvey Norman shares in focus ahead of todays earning results. 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.
14:1830/08/2023
Market Close 30 August 23: Big wins for the market today

Market Close 30 August 23: Big wins for the market today

The wins continue with the market gaining 1.2% and narrowing August’s losses. The only sector to truly decline was the telcos, all other sectors gained or remained flat. Clothing retailer City Chic were down after disappointing results and candle retailer Dusk also fell heavily due to results. Coming up, the last of the profit reporting season. 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.
13:3930/08/2023
Morning Report 30 Aug 28: U.S tech shares rebound from Aug slump

Morning Report 30 Aug 28: U.S tech shares rebound from Aug slump

To the U.S first this morning where shares ended sharply higher with job data feeling rate optimism. Ryan and Tom assess China’s latest stimulus measures. Ryan previews Aussie inflation data due 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.
15:2229/08/2023
Market Close 29 August 23: Market zips higher

Market Close 29 August 23: Market zips higher

It was another day of wins for the ASX200 with the market closing in the green. 8 of the 11 sectors finished higher with materials on top and energy closing the lowest.  Tassie whiskey producers Lark Distillery were up despite negative profit results and Star Entertainment were up after returning to profitability.  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.
11:3529/08/2023
Morning Report 29 Aug 28: Wall Street up as investors await inflation data

Morning Report 29 Aug 28: Wall Street up as investors await inflation data

To the U.S first this morning where Wall Street ended higher as investors await inflation and jobs data. Meanwhile Ryan and Tom discuss Chinas latest attempts to boost its struggling economy. They look ahead to Reserve Bank Deputy Governor Bullock’s speech. Plus this mornings commodities and 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.
14:1028/08/2023
Market Close 28 August 23: Market rebounds from last weeks losses

Market Close 28 August 23: Market rebounds from last weeks losses

It was a positive start to the week with the market gaining almost 45 points. 10 of the 11 sectors finished up, with tech being the only one to decline. Health care was on top thanks to a lift in its biggest stock, CSL. EVT Limited, the owner of IMAX and event cinemas has made comeback thanks to big hits like Barbie and Oppenheimer, doubling its profits. Mining company Fortescue was down after some bad profit results and an unexpected change in its leadership team. Despite the gains today, August is still tracking to be the worst month of the year. 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.
12:3828/08/2023
Morning Report 28 Aug 28: The big hurdles coming this week

Morning Report 28 Aug 28: The big hurdles coming this week

U.S and European stock markets push higher in response to measured words from Jerome Powell at Jackson Hole. Meanwhile futures point to an improvement for the ASX 200 at the start of trade on Monday. Tom and Ryan preview some of the big hurdles in the coming week. 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.
15:4027/08/2023
Market Close 25 August 23: On track for worst month of 2023

Market Close 25 August 23: On track for worst month of 2023

The wins are over, with the market closing down by almost 1%. Unsurprisingly almost all of the sectors declined, with consumer staples and consumer discretionary the only two finishing higher. Wesfarmers were amongst the top performers thanks to their profit results with sales at Bunnings, Kmart and Officeworks all up. Pilbara, one of our largest lithium miners was down despite positive results. Coming up, more focus on the Jackson Hole symposium in the U.S. 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.
12:2225/08/2023
Morning Report 25 Aug 23: Wall Street down ahead of Jackson Hole

Morning Report 25 Aug 23: Wall Street down ahead of Jackson Hole

To Wall Street first this morning which ended down sharply as focus shifts to Jerome Powell speech. Ryan and Tom look ahead to Jackson Hole. Ryan previews today’s Wesfarmers results. 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.
15:3624/08/2023
Market Close 24 August 23:  All eyes on JP

Market Close 24 August 23: All eyes on JP

It was another day of wins with the market closing up by close to half a percent. 8 of the 11 sectors finished up with tech finishing up the highest after a some consecutive losses. Profit results continued to impact the market with Ramsay Health down despite positive results and WiseTech back up after yesterday's losses. Coming up, all eyes are on Jerome Powell's speech in the U.S. 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.
13:2124/08/2023
Morning Report 24 Aug 23: U.S share markets advance

Morning Report 24 Aug 23: U.S share markets advance

Tom and Ryan look at U.S share markets which have advanced ahead of chipmaker Nvidia’s results. Meanwhile weaker economic data pushes bond yields lower. And the team look ahead to assess the days earnings results. Plus the commodities and 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.
13:4223/08/2023
Market Close 23 August 23: Why your pizza just got cheaper?

Market Close 23 August 23: Why your pizza just got cheaper?

The market finished higher today, regaining some of the losses from earlier in the week. 5 of the 11 sectors finished higher, consumer staples came out on top after being on the bottom just yesterday and tech had the biggest losses, declining by more than 5%. Domino's was on top today after releasing their profit results and Wisetech was down almost 20%, causing the tech sector to have its worst day of the year so far. Coming up, the big Jackson Hole event in the U.S. may move markets  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.
13:0723/08/2023
Morning Report 23 Aug 23: Aus shares expected to open lower after U.S shares slip

Morning Report 23 Aug 23: Aus shares expected to open lower after U.S shares slip

Tom and Ryan start with U.S share markets which ended mostly lower on interest rate worries. Meanwhile U.S bank shares slip after credit ratings cut. Ryan previews Woolworths earning results today. Plus the team have 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.
14:3822/08/2023
Market Close 22 August 23: Profit result avalanche

Market Close 22 August 23: Profit result avalanche

The market finished almost flat day today, gaining only 6 points. The sectors were quite mixed today, with tech being a clear winner and consumer staples having the worst declines. Coles was down despite an increased profit, which dragged down the sector and tech company Megaport was up despite a drop in profits. Looking ahead, we have some flash PMI’s ⚡️ 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.
12:0722/08/2023
Morning Report 22 Aug 23: Tech shares unexpected top performer

Morning Report 22 Aug 23: Tech shares unexpected top performer

Tom and Ryan start with tech this morning which rallied on the back of a jump in Nvidia shares. Tom looks into European share market performance after China cuts interest rates. Ryan looks ahead to a big day in company results including BHP. Plus the team has 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.
14:4721/08/2023
Market Close 21 August 23: Aussie market remains near 5-week low

Market Close 21 August 23: Aussie market remains near 5-week low

After a choppy day the ASX has finished once again near the 5-week low.  Stevie and Laura look into the factors that influenced this and unpack the 2 sectors that saw lifts.  As earnings results continue to influence the market, they discuss the brands that have seen their share prices move significantly as a result and look at the important events that will impact markets in the coming 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.
11:1821/08/2023
Morning Report 21 Aug 23: Investors on edge following latest developments in China

Morning Report 21 Aug 23: Investors on edge following latest developments in China

Craig joins Tom this morning as they look to U.S and European stocks which ended the week lower as investors keep a weary eye on China developments. Meanwhile local investors anticipate a weaker start to the Australian share market with the SPI futures kicking off with a loss of 0.3%. Plus the team have 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.
14:1220/08/2023
Market Close 18 August 23: Real estate on top and telcos on bottom

Market Close 18 August 23: Real estate on top and telcos on bottom

The market has closed flat today (or up, depending on who you ask!) gaining just 0.03%. 6 of the 11 sectors saw losses, with real estate coming out on top and telco’s on bottom. Imugene was down after a capital raise and investment fund Magellan was the top performer today. Next week we have profits from BHP, the biggest stock on our market and a big meeting over in the US. 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.
10:2018/08/2023
Morning Report 18 Aug 23: Commodities rebound on Chinese currency support

Morning Report 18 Aug 23: Commodities rebound on Chinese currency support

To the U.S first this morning where Wall Street finished lower on health care losses and interest rate jitters. Meanwhile commodities rebounded on Chinese currency support. Tom and Ryan assesses the latest Aussie earnings results. 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.
15:0117/08/2023
Market Close 17 August 23: Egg-cellent day for Ingham

Market Close 17 August 23: Egg-cellent day for Ingham

It was another down day for the market, dropping another 0.68%. The sectors faired a little better with three finishing higher, real estate came out on top and health care declined the most. Core lithium declined significantly today, dropping almost 25%. Why did the chicken cross the road? To buy Ingham stocks! Coming up ahead, another big day for profit reports. 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.
10:0717/08/2023
Morning Report 17 Aug 23: U.S Fed minutes cloud outlook for rates

Morning Report 17 Aug 23: U.S Fed minutes cloud outlook for rates

Wall Street ends lower this morning after Fed minutes cloud outlook for rates. Ryan previews the Aussie jobs report. The team unpack some key earnings results today with Telstra 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 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.
16:4516/08/2023
Market Close 16 August 23: Biggest fall in 6 weeks

Market Close 16 August 23: Biggest fall in 6 weeks

The market took a huge hit today, closing lower by 1.5%. Unsurprisingly almost all sectors finished lower with real estate being the only one closing in the green. Tech had the biggest losses today, closing down 3%. Endeavour group who own Dan Murphys and BWS were among the bottom performers and Mirvac group were one of the best. 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.
10:4716/08/2023
Morning Report 16 Aug 23: Dow Jones breaks 3-day winning streak

Morning Report 16 Aug 23: Dow Jones breaks 3-day winning streak

Tom and Ryan look to the U.S first where the Dow Jones broke a 3-day winning streak as bank stocks tumble. Meanwhile U.S retail spending data comes in hotter than expected. Ryan looks at the Reserve Bank of New Zealand which is to hand down its interest rate decision. Plus the team have 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.
15:1215/08/2023
Market Close 15 August 23: How did wages help markets?

Market Close 15 August 23: How did wages help markets?

The market rebounded from the losses yesterday, finishing up by 28 points. 8 of the 11 sectors were higher today with health care coming out as a clear winner, real estate had the biggest losses. Health care leader CSL was a top performer today after profit results while careers company Seek was among the worst. Coming up this week we have jobs data on Thursday and the next 2 weeks will be the busiest of the year with profit results. 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.
13:0915/08/2023
Morning Report 15 Aug 23: Tech stocks lead Wall Street higher

Morning Report 15 Aug 23: Tech stocks lead Wall Street higher

Tom looks at tech stocks which led Wall Street higher overnight. Ryan previews some U.S retail and consumer spending figures. Meanwhile the China property crisis weighs on commodities. Plus the team have 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.
14:3914/08/2023
Market Close 14 August 23:  ASX hits lowest levels in around 4 weeks

Market Close 14 August 23: ASX hits lowest levels in around 4 weeks

Laura and Steve are back as the ASX hits the lowest levels in around 4 weeks with sluggish data out of China impacting growth.  As we kick off one of the busiest periods for profit results Laura and Steve discuss the companies which have released their full year results and look ahead to the many things that could impact the market in 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.
13:2914/08/2023
Morning Report 14 Aug 23: U.S stocks slip following higher factory inflation

Morning Report 14 Aug 23: U.S stocks slip following higher factory inflation

Tom and Ryan look to U.S stocks this morning which have slipped as investors reflect on higher factory inflation. Meanwhile weaker Chinese figures create headwinds for the AUD. Spy futures point to losses 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.
14:3213/08/2023
Market Close 11 August 23:  A cautious week

Market Close 11 August 23: A cautious week

The market ended the week down after 3 days of gains. Only 2 of the 11 sectors finished higher today, with energy having the biggest losses. US inflation data didn’t impact the Aussie market has much as expected. Big week ahead with Aussie profit results coming out! 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.
14:2811/08/2023
Morning Report 11 Aug 23: Wall Street ends flat following U.S inflation data

Morning Report 11 Aug 23: Wall Street ends flat following U.S inflation data

Tom and Ryan look into mixed performances from U.S stocks overnight despite a better reading on inflation. They unpack the latest results from the luxury retail sector. Ryan previews REA Groups results and the team have 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.
15:2710/08/2023
Market Close 10 August 23: Markets in wait and see mode

Market Close 10 August 23: Markets in wait and see mode

The stock market was up for a third straight session despite only 5 sectors finishing higher. The energy sector was a clear winner with gains of over 2%, unfortunately for tech their losses were just as high. Coming up, inflation data out of the US could impact Aussie markets tomorrow.  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.
11:5610/08/2023
Morning Report 10 Aug 23: Wall Street closes lower ahead of key U.S inflation data

Morning Report 10 Aug 23: Wall Street closes lower ahead of key U.S inflation data

Tom and Ryan look to the U.S first this morning where investors are holding their breath ahead of key U.S inflation data out tonight. Meanwhile the ASX is expected to open lower today ahead of earnings from AGL Energy. They look into oil prices which have hit a 9 month high. And the team have 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.
15:0909/08/2023
Market Close 09 August 23: Market lifts as profit results ramp up

Market Close 09 August 23: Market lifts as profit results ramp up

Stevie and Laura are here to give you Wednesday’s closing market update. The market finished up today with 6 of the 11 sectors finishing higher. Financial came out on top and once again, health care had the biggest losses. Funeral provider Invocare was up after coming out of a trading halt, this was following the company agreeing to 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.
08:1709/08/2023
Morning Report 09 Aug 23: Credit downgrades hit U.S regional banks

Morning Report 09 Aug 23: Credit downgrades hit U.S regional banks

Tom and Ryan start this morning with U.S regional banks which have seen some credit downgrades overnight. Ryan looks into a surprise bank tax announcement from the Italian government. Locally the Aussie market is expected to open lower ahead of Commonwealth Bank earnings results 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.
15:3708/08/2023
Market Close 08 August 23: James Hardie a surprising driver of the market today

Market Close 08 August 23: James Hardie a surprising driver of the market today

Steve and Laura are back for the CommSec Market Update on a day where low consumer confidence may have contributed to a flat Australian market.  One of the strongest retail stocks of last year saw a drop in share price, James Hardie was a surprising driver of the market, and five of the sectors saw a decline.  Steve and Laura also look at what could be next for the market as reporting season starts to ramp up and inflation stats are expected from China. 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.
11:0008/08/2023
Morning Report 08 Aug 23: Dow jumps more than 400 points as U.S share markets snap 4 day losing streak

Morning Report 08 Aug 23: Dow jumps more than 400 points as U.S share markets snap 4 day losing streak

Tom and Ryan deep dive into some of the biggest company results including Tyson Foods and Berkshire Hathaway, after the latter posted a record quarterly profit. Meanwhile, back in Australia, Ryan looks at results from building materials company James Hardie. Tom touches on European market performance overnight, plus the team have 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.
13:5707/08/2023
Market Close 07 August 23: Slow start to the week

Market Close 07 August 23: Slow start to the week

The stock market started off the week down today with 6 of the 11 sectors finishing lower. Health care fell the most while real estate was the biggest gainer. Estia health saw gains after agreeing to a takeover offer and Lake Resources was the worst performer overall, hitting a 2.5 year low after responding to an ASX query. Ahead, inflation in the US will be in the spotlight at the tail end of the week. While reporting season starts to ramp up locally. 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.
11:3807/08/2023
Morning Report 07 Aug 23: Oil prices rise for sixth straight week

Morning Report 07 Aug 23: Oil prices rise for sixth straight week

Tom and Ryan look to Wall Street first this morning which has ended lower after a mixed U.S jobs report. Meanwhile Apple shares weigh on U.S markets. Ryan looks into oil prices which have risen for a sixth straight week. And Tom has this mornings commodities and the AUD. See omnystudio.com/listener for privacy information.
14:5906/08/2023
Market Close 04 August 23: China tariff lift boosts market

Market Close 04 August 23: China tariff lift boosts market

The market ended the week up after two days of declines. The sectors were mixed with 7 of the 11 sectors closing up, tech came out on top while health care declined the most. Clothing retailer City Chic was up after news that they would exit the EU market and Afterpay owner Block was down after handing down quarterly results. 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.
13:2804/08/2023
Morning Report 04 Aug 23: Russia and Saudi Arabia keep oil supplies tight

Morning Report 04 Aug 23: Russia and Saudi Arabia keep oil supplies tight

Tom and Ryan look to U.S shares which have eased overnight ahead of key results from Apple and Amazon. Meanwhile Aussie shares are expected to open modestly higher today. Oil prices rise as Russia and Saudi Arabia keeps supplies tight. And the Bank of England lists interest rates. Plus the team have this mornings commodities and 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.
14:2103/08/2023
Market Close 03 August 23:  Down day for Downer shares

Market Close 03 August 23: Down day for Downer shares

The market closed down for a second straight session with 10 of the 11 sectors seeing losses. Telecom was the only sector gaining today thanks to Telstra and engineering company Downer was down. Coming up, some big names in the US market reporting profits.  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.
10:5003/08/2023