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CommSec Market Update
CommSec Market Update
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 fr
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Market Close 26 July 24: Aussie market rebounds from 6 week low
The Aussie market showed a partial recovery today, with the ASX 200 index rising by 59 points or 0.8%, despite still being on track for a weekly decline. The market's recent volatility has left it roughly 2% below its record high from two weeks ago. Miners led the gains, with energy and property stocks also performing well. Despite three days of declines this week, the market remains on course for its second-best month of the year, highlighting resilience amidst global economic fluctuations. Looking ahead, next week's key events include U.S. inflation data and significant tech earnings reports, which are expected to heavily influence market trends. 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.
Market Close 26 July 24: Aussie market rebounds from 6 week low
The Aussie market showed a partial recovery today, with the ASX 200 index rising by 59 points or 0.8%, despite still being on track for a weekly decline. The market's recent volatility has left it roughly 2% below its record high from two weeks ago. Miners led the gains, with energy and property stocks also performing well. Despite three days of declines this week, the market remains on course for its second-best month of the year, highlighting resilience amidst global economic fluctuations. Looking ahead, next week's key events include U.S. inflation data and significant tech earnings reports, which are expected to heavily influence market trends. 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.
09:53
26 Jul 24
Morning Report 26 July 24: S&P 500 and NASDAQ end lower as tech comeback falters
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. US stocks experienced mixed fortunes last night as tech stocks underperformed, while the Dow Jones outperformed as stock rotation continues. Harley-Davidson reported increased profits due to strong demand for touring bikes. Closer to home, the ASX is poised to rise, supported by climbing energy prices, while the Australian dollar faces pressure from declining iron ore prices. 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 26 July 24: S&P 500 and NASDAQ end lower as tech comeback falters
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. US stocks experienced mixed fortunes last night as tech stocks underperformed, while the Dow Jones outperformed as stock rotation continues. Harley-Davidson reported increased profits due to strong demand for touring bikes. Closer to home, the ASX is poised to rise, supported by climbing energy prices, while the Australian dollar faces pressure from declining iron ore prices. 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.
09:48
25 Jul 24
Market Close 25 July 24: Biggest tumble in weeks for the ASX
The Aussie market took a significant tumble today, marking it's biggest decline in 6 weeks, largely influenced by disappointing earnings from major US tech companies, Tesla and Alphabet. This led to a broad sell-off across all sectors, with tech stocks being the hardest hit. Key losers included Macquarie Group and Fortescue Metals, which faced challenges from higher costs and declining commodity prices. Despite the market downturn, Coronado Resources emerged as the top performer, while Regis Resources struggled despite strong production 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.
Market Close 25 July 24: Biggest tumble in weeks for the ASX
The Aussie market took a significant tumble today, marking it's biggest decline in 6 weeks, largely influenced by disappointing earnings from major US tech companies, Tesla and Alphabet. This led to a broad sell-off across all sectors, with tech stocks being the hardest hit. Key losers included Macquarie Group and Fortescue Metals, which faced challenges from higher costs and declining commodity prices. Despite the market downturn, Coronado Resources emerged as the top performer, while Regis Resources struggled despite strong production 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.
09:13
25 Jul 24
Morning Report 25 July 24: ASX to open lower on the back of Wall Street stock smackdown
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. Wall Street experienced what Tom describes as a ‘stock smackdown’ with the likes of the NASDAQ posting its worst session since 2022 after Tesla and Alphabet earnings disappoint. The Bank of Canada has cut interest rates for a second consecutive month, while Ford shares slumped on disappointing earnings. Elsewhere, the ASX is expected to open lower today amidst multi-month lows in copper and iron ore prices. Additionally, the Australian dollar continued its retreat on lower commodity prices. 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 25 July 24: ASX to open lower on the back of Wall Street stock smackdown
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. Wall Street experienced what Tom describes as a ‘stock smackdown’ with the likes of the NASDAQ posting its worst session since 2022 after Tesla and Alphabet earnings disappoint. The Bank of Canada has cut interest rates for a second consecutive month, while Ford shares slumped on disappointing earnings. Elsewhere, the ASX is expected to open lower today amidst multi-month lows in copper and iron ore prices. Additionally, the Australian dollar continued its retreat on lower commodity prices. 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.
09:55
24 Jul 24
Market Close 24 July 24: Gold miners shine bright while Aussie market dips
The Aussie market struggled for direction today, influenced by a melow overnight session in the US and anticipation for ket inflation data set to release on Friday. Eight out of eleven sectors declined, with property and energy stocks being the hardest hit. Despite the overall market lethargy, gold stocks shone brightly, with West African Resources and other gold miners posting gains. 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.
Market Close 24 July 24: Gold miners shine bright while Aussie market dips
The Aussie market struggled for direction today, influenced by a melow overnight session in the US and anticipation for ket inflation data set to release on Friday. Eight out of eleven sectors declined, with property and energy stocks being the hardest hit. Despite the overall market lethargy, gold stocks shone brightly, with West African Resources and other gold miners posting gains. 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.
09:32
24 Jul 24
Morning Report 24 July 24: Wall Street closes slightly lower with big tech earnings on deck
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. Wall Street moderates as investors brace for a wave of earnings figures. Tesla reports disappointing earnings in after hours trade while Alphabet beats earnings expectations but falls short on YouTube ad revenue. United Parcel Service has had its worst day on record. Meanwhile, miners and energy shares drag the FTSE 100 lower and a subdued start to trade is expected in Australia 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.
Morning Report 24 July 24: Wall Street closes slightly lower with big tech earnings on deck
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. Wall Street moderates as investors brace for a wave of earnings figures. Tesla reports disappointing earnings in after hours trade while Alphabet beats earnings expectations but falls short on YouTube ad revenue. United Parcel Service has had its worst day on record. Meanwhile, miners and energy shares drag the FTSE 100 lower and a subdued start to trade is expected in Australia 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.
09:56
23 Jul 24
Market Close 23 July 24: Aussie stocks snap loosing streak
The ASX had a comeback today, recovering losses from the previous day despite energy sector drags. Woodside Energy's shares plummeted by 3.7%, hitting a one-month low after a disappointing quarterly update and recent acquisition concerns. The overall market sentiment was boosted by positive cues from Wall Street, with tech and health care stocks seeing significant gains. Notable movements included Transurban's rise following a partnership announcement for motorway upgrades, PolyNovo's surge driven by growing demand for its burn treatment products, and a substantial increase in gold miner Spartan Resources' share price. 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.
Market Close 23 July 24: Aussie stocks snap loosing streak
The ASX had a comeback today, recovering losses from the previous day despite energy sector drags. Woodside Energy's shares plummeted by 3.7%, hitting a one-month low after a disappointing quarterly update and recent acquisition concerns. The overall market sentiment was boosted by positive cues from Wall Street, with tech and health care stocks seeing significant gains. Notable movements included Transurban's rise following a partnership announcement for motorway upgrades, PolyNovo's surge driven by growing demand for its burn treatment products, and a substantial increase in gold miner Spartan Resources' share price. 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.
09:48
23 Jul 24
Morning Report 23 July 24: S&P 500 rebounds for best day since early June
Wall Street recovers after a volatile week, with the Dow Jones, NASDAQ, and S&P 500 all showing gains. Investors have regained composure following Joe Biden’s exit from the presidential race while earnings reports from tech giants Alphabet and Tesla are eagerly anticipated. Confidence has also returned to European stocks after a technology meltdown. Meanwhile, Aussie shares are expected to rise ahead of Woodside Energy's update, although commodities might put pressure on mining stocks. Overall, the market is displaying signs of composure despite ongoing challenges. 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 23 July 24: S&P 500 rebounds for best day since early June
Wall Street recovers after a volatile week, with the Dow Jones, NASDAQ, and S&P 500 all showing gains. Investors have regained composure following Joe Biden’s exit from the presidential race while earnings reports from tech giants Alphabet and Tesla are eagerly anticipated. Confidence has also returned to European stocks after a technology meltdown. Meanwhile, Aussie shares are expected to rise ahead of Woodside Energy's update, although commodities might put pressure on mining stocks. Overall, the market is displaying signs of composure despite ongoing challenges. 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.
09:58
22 Jul 24
Market Close 22 July 24: Markets slide for a third day
Join Steve and Laura as they discuss the ASX extending its losing streak for a third consecutive session, currently down 0.6% and dipping below the 8,000 point mark. Contributing factors to the downturn include US-China trade tensions, a global tech outage, and Joe Biden's decision to quit the presidential race. South32's shares plummeted to a three-month low while Iris saw a surge after announcing a significant increase in earnings. Looking ahead, key updates include quarterly results from major companies and the US 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.
Market Close 22 July 24: Markets slide for a third day
Join Steve and Laura as they discuss the ASX extending its losing streak for a third consecutive session, currently down 0.6% and dipping below the 8,000 point mark. Contributing factors to the downturn include US-China trade tensions, a global tech outage, and Joe Biden's decision to quit the presidential race. South32's shares plummeted to a three-month low while Iris saw a surge after announcing a significant increase in earnings. Looking ahead, key updates include quarterly results from major companies and the US 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.
09:57
22 Jul 24
Morning Report 22 July 24: Aussie investors on edge as US President Joe Biden withdraws
Investors are cautious following President Joe Biden's withdrawal from the presidential race. The US dollar is strengthening as investors anticipate interest rate cuts. Technology stocks have plummeted due to the global cyber outage, while safe-haven assets are in focus amidst US political uncertainty. In other news, oil prices have dropped to their lowest levels since June, copper has hit a three-month low due to China's economic gloom, and Aussie miners are on edge as commodity prices retreat. 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 July 24: Aussie investors on edge as US President Joe Biden withdraws
Investors are cautious following President Joe Biden's withdrawal from the presidential race. The US dollar is strengthening as investors anticipate interest rate cuts. Technology stocks have plummeted due to the global cyber outage, while safe-haven assets are in focus amidst US political uncertainty. In other news, oil prices have dropped to their lowest levels since June, copper has hit a three-month low due to China's economic gloom, and Aussie miners are on edge as commodity prices retreat. 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.
09:42
21 Jul 24
Market Close 19 July 24: A rough end to a mostly impressive week for the market
The share market is on track to post the worst session it has seen in 6 weeks. Laura and Stevie reflect on this performance unpacking why it might not be all doom and gloom given that the market has seen continuing record highs. They look at the international market moves that have impacted us locally, and the performance of the sectors where the materials sector and banking are causing declines. They look at the big movers and what to expect in the days 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.
Market Close 19 July 24: A rough end to a mostly impressive week for the market
The share market is on track to post the worst session it has seen in 6 weeks. Laura and Stevie reflect on this performance unpacking why it might not be all doom and gloom given that the market has seen continuing record highs. They look at the international market moves that have impacted us locally, and the performance of the sectors where the materials sector and banking are causing declines. They look at the big movers and what to expect in the days 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.
09:59
19 Jul 24
Morning Report 19 July 24: Dow Jones slides more than 500 points as sell off broadens
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. Wall Street experiences significant selling pressures overnight, leading to a decline in US stocks with both the NASDAQ and S&P 500 finishing lower. Meanwhile, Netflix beats analyst estimates as memberships rise while Dominos has its worst day since 2008. In Europe, stocks close lower as the ECB holds interest rates steady. Closer to home, the ASX is set to tumble due to concerns about demand in China and falling metal prices. 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 19 July 24: Dow Jones slides more than 500 points as sell off broadens
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. Wall Street experiences significant selling pressures overnight, leading to a decline in US stocks with both the NASDAQ and S&P 500 finishing lower. Meanwhile, Netflix beats analyst estimates as memberships rise while Dominos has its worst day since 2008. In Europe, stocks close lower as the ECB holds interest rates steady. Closer to home, the ASX is set to tumble due to concerns about demand in China and falling metal prices. 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.
09:44
18 Jul 24
Market Close 18 July 24: Surprise jump in Aussie jobs spikes rate hike concern
The market has seen a slight slide today on a day that Laura says ‘could have been much worse’. She is joined by Stevie to unpack how the tech sector influenced that decline, the jobs data which did result in a slight dip this afternoon, and what to watch as the month progresses. They look at the performance of each the sectors which have almost all seen declines, the biggest movers which include Domino’s as the worst performer, and the US data that is expected overnight. 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.
Market Close 18 July 24: Surprise jump in Aussie jobs spikes rate hike concern
The market has seen a slight slide today on a day that Laura says ‘could have been much worse’. She is joined by Stevie to unpack how the tech sector influenced that decline, the jobs data which did result in a slight dip this afternoon, and what to watch as the month progresses. They look at the performance of each the sectors which have almost all seen declines, the biggest movers which include Domino’s as the worst performer, and the US data that is expected overnight. 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.
09:59
18 Jul 24
Morning Report 18 July 24: Wall Street retreats as chip stocks slump
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. Chip makers experienced their worst day since March 2020 amid escalating US-China tensions following comments from Donald Trump. European markets were also impacted by declines in technology stocks, while the Dow Jones continued its rally to reach new record highs. Meanwhile, in Australia, shares are set to slip ahead of key jobs data, and energy stocks are in focus as oil prices soar. 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 18 July 24: Wall Street retreats as chip stocks slump
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. Chip makers experienced their worst day since March 2020 amid escalating US-China tensions following comments from Donald Trump. European markets were also impacted by declines in technology stocks, while the Dow Jones continued its rally to reach new record highs. Meanwhile, in Australia, shares are set to slip ahead of key jobs data, and energy stocks are in focus as oil prices soar. 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.
09:57
17 Jul 24
Market Close 17 July 24: Aussie market hits yet another record high
The ASX surged today, achieving its third record high in four sessions, driven by optimism over a potential interest rate cut in the US. Financials outperformed, hitting fresh highs, and Gold stocks shone, with notable gains for Evolution Mining and Northern Star. In corporate news, Drone Shield and Zip faced challenges, while Core Lithium and one luxury retailer experienced mixed fortunes. Investors are now keenly awaiting key profit results from major US companies and tomorrow's Aussie jobs report. 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.
Market Close 17 July 24: Aussie market hits yet another record high
The ASX surged today, achieving its third record high in four sessions, driven by optimism over a potential interest rate cut in the US. Financials outperformed, hitting fresh highs, and Gold stocks shone, with notable gains for Evolution Mining and Northern Star. In corporate news, Drone Shield and Zip faced challenges, while Core Lithium and one luxury retailer experienced mixed fortunes. Investors are now keenly awaiting key profit results from major US companies and tomorrow's Aussie jobs report. 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.
09:41
17 Jul 24
Morning Report 17 July 24: Dow Jones rallies 700 points for best day in a year
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. The US saw small caps surge on rate cut bets and investors focus on investors bank revival. Meanwhile, a resource slump weighs on European stocks. The ASX is set to rise as gold hits a record high, with Aussie shares expected to rise ahead of BP releasing their quarterly numbers. Additionally, the Aussie Dollar eases. 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 17 July 24: Dow Jones rallies 700 points for best day in a year
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. The US saw small caps surge on rate cut bets and investors focus on investors bank revival. Meanwhile, a resource slump weighs on European stocks. The ASX is set to rise as gold hits a record high, with Aussie shares expected to rise ahead of BP releasing their quarterly numbers. Additionally, the Aussie Dollar eases. 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.
10:00
16 Jul 24
Market Close 16 July 24: The market pulls back following record highs
The market has taken a breather after the historic heights of yesterday where it cracked 8000 points. Laura and Stevie reflect on this recent performance also discussing the highs that have been seen in the US this year. The materials sector has been dragging on the market today with property stocks seeing gains. As a result, they unpack the mixed performance over the sectors, look at the stocks that moved the most, and the data out of the US that could shift markets overnight. 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
Market Close 16 July 24: The market pulls back following record highs
The market has taken a breather after the historic heights of yesterday where it cracked 8000 points. Laura and Stevie reflect on this recent performance also discussing the highs that have been seen in the US this year. The materials sector has been dragging on the market today with property stocks seeing gains. As a result, they unpack the mixed performance over the sectors, look at the stocks that moved the most, and the data out of the US that could shift markets overnight. 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
09:50
16 Jul 24
Morning Report 16 July 24: Wall Street closes at record highs on Trump trade
Wall Street ends higher as investors firm bets on Trump win. European luxury names slump on a weak outlook, while Apple shares hit a record on an optimistic outlook. Meanwhile, the ASX 200 is set to slip ahead of Rio Tinto results, and Aussie miners are under pressure from weak Chinese growth. 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 16 July 24: Wall Street closes at record highs on Trump trade
Wall Street ends higher as investors firm bets on Trump win. European luxury names slump on a weak outlook, while Apple shares hit a record on an optimistic outlook. Meanwhile, the ASX 200 is set to slip ahead of Rio Tinto results, and Aussie miners are under pressure from weak Chinese growth. 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.
09:41
15 Jul 24
Market Close 15 Jul 24: ASX200 cracks 8000 points for the first time
It was another market milestone today with a record high that puts the market up 80% on the lows that we saw during the peak of the pandemic. Laura and Stevie unpack the inflation data that is keeping hopes alive for a US rate cut, look at how local economic data fared amid expectations, and the performance of each of the sectors all of which are in the green with tech stocks performing the best. They also look at the stocks that caught their eye and the economic data that could shift markets this 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.
Market Close 15 Jul 24: ASX200 cracks 8000 points for the first time
It was another market milestone today with a record high that puts the market up 80% on the lows that we saw during the peak of the pandemic. Laura and Stevie unpack the inflation data that is keeping hopes alive for a US rate cut, look at how local economic data fared amid expectations, and the performance of each of the sectors all of which are in the green with tech stocks performing the best. They also look at the stocks that caught their eye and the economic data that could shift markets this 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.
09:57
15 Jul 24
Morning Report 15 July 24: Historic milestone looms for the ASX200 today
The ASX200 is set to hit 8,000 for the first time ever while mining stocks are in focus ahead of Rio Tinto’s production numbers. Wall Street hits new record highs despite US Banks retreat after mixed earnings. Meanwhile, Chinese authorities gather to discuss key economic outcomes and Tom and Ryan discuss how recent events involving Trump will impact the 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.
Morning Report 15 July 24: Historic milestone looms for the ASX200 today
The ASX200 is set to hit 8,000 for the first time ever while mining stocks are in focus ahead of Rio Tinto’s production numbers. Wall Street hits new record highs despite US Banks retreat after mixed earnings. Meanwhile, Chinese authorities gather to discuss key economic outcomes and Tom and Ryan discuss how recent events involving Trump will impact the 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.
09:59
14 Jul 24
Market Close 12 July 24: Fresh record highs broken for Aussie stocks
The ASX soared to record highs today, buoyed by easing inflation in the US and speculation of potential interest rate cuts. This marks the first time since April that the ASX has reached such heights, closing up 0.8%. Among the notable developments, the Commonwealth Bank of Australia (CBA) surpassed BHP to become the largest company on the Australian market. Key sectors like property and financials led the gains, with tech stocks as the only sector in the red. CBA's strong performance, rising by 17% this year, contrasted with BHP's 14% decline, driven by weak iron ore and nickel prices. Looking ahead, significant updates are expected, including US profit reports from major banks and key economic data 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.
Market Close 12 July 24: Fresh record highs broken for Aussie stocks
The ASX soared to record highs today, buoyed by easing inflation in the US and speculation of potential interest rate cuts. This marks the first time since April that the ASX has reached such heights, closing up 0.8%. Among the notable developments, the Commonwealth Bank of Australia (CBA) surpassed BHP to become the largest company on the Australian market. Key sectors like property and financials led the gains, with tech stocks as the only sector in the red. CBA's strong performance, rising by 17% this year, contrasted with BHP's 14% decline, driven by weak iron ore and nickel prices. Looking ahead, significant updates are expected, including US profit reports from major banks and key economic data 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.
09:58
12 Jul 24
Morning Report 12 July 24: Wall Street falls despite better inflation figures
US stocks experienced an unexpected downturn despite better inflation figures. Technology stocks led the decline on Wall Street, while airlines slumped due to disappointing earnings. In contrast, luxury stocks gained in European trade. Commodity prices rose on a weaker US dollar, the Aussie dollar surged overnight, and futures point to solid gains for the local share 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.
Morning Report 12 July 24: Wall Street falls despite better inflation figures
US stocks experienced an unexpected downturn despite better inflation figures. Technology stocks led the decline on Wall Street, while airlines slumped due to disappointing earnings. In contrast, luxury stocks gained in European trade. Commodity prices rose on a weaker US dollar, the Aussie dollar surged overnight, and futures point to solid gains for the local share 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.
09:41
11 Jul 24
Market Close 11 July 24: Aussie market almost touches record
US markets set their 37th record high of the year, lifting by 1%, positively influencing the Australian market and bringing it close to a record high. Key drivers included comments from US Federal Reserve Chair Jerome Powell suggesting a potential rate cut. All 11 sectors on the Australian market were up, with notable gains in energy, materials, healthcare, and tech. Record highs were hit by companies such as CBA, REA Group, and JB Hi-Fi, despite the latter facing legal issues. Meanwhile, uranium miners soared due to Kazakhstan's tax hike on uranium production. Upcoming US inflation data and earnings reports are expected to further impact market movements. 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.
Market Close 11 July 24: Aussie market almost touches record
US markets set their 37th record high of the year, lifting by 1%, positively influencing the Australian market and bringing it close to a record high. Key drivers included comments from US Federal Reserve Chair Jerome Powell suggesting a potential rate cut. All 11 sectors on the Australian market were up, with notable gains in energy, materials, healthcare, and tech. Record highs were hit by companies such as CBA, REA Group, and JB Hi-Fi, despite the latter facing legal issues. Meanwhile, uranium miners soared due to Kazakhstan's tax hike on uranium production. Upcoming US inflation data and earnings reports are expected to further impact market movements. 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.
09:01
11 Jul 24
Morning Report 11 July 24: Wall Street surges to new record highs
The ASX200 is set for solid gains at the start of trade, with futures pointing to a nearly 1% increase following new record highs in the US market. Oil prices have risen due to evidence of improving US demand, and precious metals have firmed as the Greenback softens. US Federal Reserve Chairman Jerome Powell has reiterated his stance on rate cuts and technology names lead Wall Street higher. European markets have recovered from recent losses, and the Australian dollar remains steady against the Greenback. 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 11 July 24: Wall Street surges to new record highs
The ASX200 is set for solid gains at the start of trade, with futures pointing to a nearly 1% increase following new record highs in the US market. Oil prices have risen due to evidence of improving US demand, and precious metals have firmed as the Greenback softens. US Federal Reserve Chairman Jerome Powell has reiterated his stance on rate cuts and technology names lead Wall Street higher. European markets have recovered from recent losses, and the Australian dollar remains steady against the Greenback. 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.
09:54
10 Jul 24
Market Close 10 Jul 24: Markets cautious ahead of US inflation data
The market has seen some declines, but Laura and Stevie explain how it could have been worse amid economic data coming out of China. The Reserve Bank of New Zealand have decided to keep interest rates on hold, they look at the upcoming speeches and economic data that could move markets, and deep dive into the sectors and stocks which have seen mixed performance today. The content in this podcast 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.
Market Close 10 Jul 24: Markets cautious ahead of US inflation data
The market has seen some declines, but Laura and Stevie explain how it could have been worse amid economic data coming out of China. The Reserve Bank of New Zealand have decided to keep interest rates on hold, they look at the upcoming speeches and economic data that could move markets, and deep dive into the sectors and stocks which have seen mixed performance today. The content in this podcast 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.
09:57
10 Jul 24
Morning Report 10 July 24: Wall Street reflects on Powell and looks ahead to CPI
The S&P 500 edges higher, consolidating around record levels, while commodity prices ease as the US dollar gained. Overseas, European stocks retreat, particularly in mining and energy sectors. The Kiwi interest rate decision is expected today. Locally, futures point to a lower open for the ASX200, and the Aussie dollar remains steady at 67.4 US cents. The content in this podcast is prepared, 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 10 July 24: Wall Street reflects on Powell and looks ahead to CPI
The S&P 500 edges higher, consolidating around record levels, while commodity prices ease as the US dollar gained. Overseas, European stocks retreat, particularly in mining and energy sectors. The Kiwi interest rate decision is expected today. Locally, futures point to a lower open for the ASX200, and the Aussie dollar remains steady at 67.4 US cents. The content in this podcast is prepared, 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.
09:59
9 Jul 24
Market Close 09 July 24: The market rebounds nearing record highs once more
The market has bounced back today following the losses of yesterday. Laura and Stevie start by discussing US markets which also saw some gains and then look to the local performance. Locally all of the sectors ticked upwards today with financials leading the charge, the telecom sector is in the headlines, and they share the stocks that caught their eye in the past 24 hours. The content in this 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.
Market Close 09 July 24: The market rebounds nearing record highs once more
The market has bounced back today following the losses of yesterday. Laura and Stevie start by discussing US markets which also saw some gains and then look to the local performance. Locally all of the sectors ticked upwards today with financials leading the charge, the telecom sector is in the headlines, and they share the stocks that caught their eye in the past 24 hours. The content in this 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.
08:58
9 Jul 24
Morning Report 09 July 24: Wall Street hits new record highs as investors wait for Powell
Wall Street continues to grind out the new trading week with record highs but investors are pensive ahead of inflation figures and earning season. European markets consolidated after last week's gains with energy and miners underperforming, while insurance and travel stocks improved. Commodity prices ease from multi week highs. Locally, investors are looking forward to consumer and business sentiment surveys and the Aussie dollar has eased as the Greenback finds its footing pointing to future gains for local shares. 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 09 July 24: Wall Street hits new record highs as investors wait for Powell
Wall Street continues to grind out the new trading week with record highs but investors are pensive ahead of inflation figures and earning season. European markets consolidated after last week's gains with energy and miners underperforming, while insurance and travel stocks improved. Commodity prices ease from multi week highs. Locally, investors are looking forward to consumer and business sentiment surveys and the Aussie dollar has eased as the Greenback finds its footing pointing to future gains for local shares. 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.
09:32
8 Jul 24
Market Close 08 Jul 24: Last week’s gains wiped out in a single session
The week has started off quite poorly wiping out all the gains that took place last week. Laura and Stevie unpack the happenings over the weekend that influenced this shift including jobs and unemployment data. Nine of the eleven sectors saw declines today with materials and energy stocks dragging the most on the market. Gold is in focus today as prices lifted, lithium is back in discussion, and they look to 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.
Market Close 08 Jul 24: Last week’s gains wiped out in a single session
The week has started off quite poorly wiping out all the gains that took place last week. Laura and Stevie unpack the happenings over the weekend that influenced this shift including jobs and unemployment data. Nine of the eleven sectors saw declines today with materials and energy stocks dragging the most on the market. Gold is in focus today as prices lifted, lithium is back in discussion, and they look to 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.
09:49
8 Jul 24
Morning Report 08 July 24: Wall Street celebrates jobs figures and ends at record highs
The ASX200 is expected to open in negative territory after a modest gain in the first week of the month. The US dollar continues to moderate supporting commodity prices with gold at 6 week highs. Technology names lead the way with the Nasdaq up more than 3% last week. ResMed finds support after its recent sell off and the Aussie dollar continues to gain against the Greenback. The content in this 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 08 July 24: Wall Street celebrates jobs figures and ends at record highs
The ASX200 is expected to open in negative territory after a modest gain in the first week of the month. The US dollar continues to moderate supporting commodity prices with gold at 6 week highs. Technology names lead the way with the Nasdaq up more than 3% last week. ResMed finds support after its recent sell off and the Aussie dollar continues to gain against the Greenback. The content in this 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.
09:53
7 Jul 24
Market Close 5 July 24: Market jitters ahead of US jobs data and French election
The Aussie market dipped slightly today despite a generally strong week, bolstered by a 1.2% rise the previous day. The market's directionless nature was partly due to the US market being closed for the Independence Day holiday. However, expectations of a US rate cut in September, following soft economic data, provided some optimism. Mining stocks, driven by rising commodity prices, performed well, while Magellan and BHP also saw significant activity. Looking ahead, key events such as nonfarm payrolls in the US and French parliamentary elections are anticipated to influence market movements. 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.
Market Close 5 July 24: Market jitters ahead of US jobs data and French election
The Aussie market dipped slightly today despite a generally strong week, bolstered by a 1.2% rise the previous day. The market's directionless nature was partly due to the US market being closed for the Independence Day holiday. However, expectations of a US rate cut in September, following soft economic data, provided some optimism. Mining stocks, driven by rising commodity prices, performed well, while Magellan and BHP also saw significant activity. Looking ahead, key events such as nonfarm payrolls in the US and French parliamentary elections are anticipated to influence market movements. 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.
09:53
5 Jul 24
Morning Report 05 July 24: Flat start for local shares on Friday with Wall street on holidays for the 4th of July
Wall Street was closed for the Independence Day holiday, but European stocks were higher, led by energy and financial sectors, and ahead of key election outcomes. Commodity prices consolidate on recent gains, with oil prices remaining at two month highs, and the Aussie dollar surges on the back of US dollar weakness. The content in this podcast is prepared, approved and distributed in Australia by 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 05 July 24: Flat start for local shares on Friday with Wall street on holidays for the 4th of July
Wall Street was closed for the Independence Day holiday, but European stocks were higher, led by energy and financial sectors, and ahead of key election outcomes. Commodity prices consolidate on recent gains, with oil prices remaining at two month highs, and the Aussie dollar surges on the back of US dollar weakness. The content in this podcast is prepared, approved and distributed in Australia by 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.
09:54
4 Jul 24
Market Close 4 July 24: ASX closes in on record high
Australian shares surged by 1.2% following fresh record highs in US markets, driven by expectations of potential US interest rate cuts, sparked by weaker-than-expected US economic data. Commodity prices also boosted local energy and mining stocks, with oil, gold, and iron ore prices all climbing. In company news, rumours of potential takeover bids for Santos sent its shares to a two-year high, while other resource firms faced challenges. Looking ahead, markets will watch for upcoming data from China and other global economic indicators. 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.
Market Close 4 July 24: ASX closes in on record high
Australian shares surged by 1.2% following fresh record highs in US markets, driven by expectations of potential US interest rate cuts, sparked by weaker-than-expected US economic data. Commodity prices also boosted local energy and mining stocks, with oil, gold, and iron ore prices all climbing. In company news, rumours of potential takeover bids for Santos sent its shares to a two-year high, while other resource firms faced challenges. Looking ahead, markets will watch for upcoming data from China and other global economic indicators. 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.
09:44
4 Jul 24
Morning Report 04 July 24: Wall street hits record high on rate cut hopes
Wall Street hit new record highs overnight, with the S&P 500 and Nasdaq performing well although the Dow Jones finished slightly negative. European markets rise on lower US interest rates and political developments in France. The Aussie dollar surges on the back of US dollar weakness, gold prices at one month highs and oil hits its highest levels in two months. Weight loss drug makers lose ground, while Tesla continues its revival. 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 04 July 24: Wall street hits record high on rate cut hopes
Wall Street hit new record highs overnight, with the S&P 500 and Nasdaq performing well although the Dow Jones finished slightly negative. European markets rise on lower US interest rates and political developments in France. The Aussie dollar surges on the back of US dollar weakness, gold prices at one month highs and oil hits its highest levels in two months. Weight loss drug makers lose ground, while Tesla continues its revival. 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.
09:55
3 Jul 24
Market Close 03 Jul 24: ASX snaps two day losing streak
There has been a small gain today on the market but investors seem to remain hesitant overall. Laura and Stevie unpack this mixed day which saw around half of the sectors improving. Retail spending figures are the subject of conversation today despite these figures not having a huge impact on the market, they look at the standout stocks including Booktopia and Liontown, and the day ahead. The 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.
Market Close 03 Jul 24: ASX snaps two day losing streak
There has been a small gain today on the market but investors seem to remain hesitant overall. Laura and Stevie unpack this mixed day which saw around half of the sectors improving. Retail spending figures are the subject of conversation today despite these figures not having a huge impact on the market, they look at the standout stocks including Booktopia and Liontown, and the day ahead. The 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.
09:53
3 Jul 24
Morning Report 03 July 24: Aussie stocks to open higher and Wall street encouraged by Powell comments
Technology names lead Wall Street higher, Tesla shares up 10% on encouraging update, oil prices moderate as weather concerns ease and the Aussie dollar benefits from Greenback weakness. Investors look ahead to retail sales numbers locally and Chinese services figures anticipated. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 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 03 July 24: Aussie stocks to open higher and Wall street encouraged by Powell comments
Technology names lead Wall Street higher, Tesla shares up 10% on encouraging update, oil prices moderate as weather concerns ease and the Aussie dollar benefits from Greenback weakness. Investors look ahead to retail sales numbers locally and Chinese services figures anticipated. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 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.
09:59
2 Jul 24
Market Close 02 Jul 24: Lithium miner Liontown in focus
The market is still waiting for a fresh catalyst it would seem as Laura and Stevie unpack two days of losses following a couple of weeks of near record highs. With majority of the sectors in decline today they look at the big movers, and with energy one of the few to see gains this sector remains in focus. Liontown is the top performer today, and Lovisa is the worst performing following doubts around store opening expectations. They look to the day ahead and revisit the performance of Guzman y Gomez. 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.
Market Close 02 Jul 24: Lithium miner Liontown in focus
The market is still waiting for a fresh catalyst it would seem as Laura and Stevie unpack two days of losses following a couple of weeks of near record highs. With majority of the sectors in decline today they look at the big movers, and with energy one of the few to see gains this sector remains in focus. Liontown is the top performer today, and Lovisa is the worst performing following doubts around store opening expectations. They look to the day ahead and revisit the performance of Guzman y Gomez. 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.
09:43
2 Jul 24
Morning Report 02 July 24: ASX to open lower ahead of RBA board minutes
US and European markets post modest gains on the first day of the month with US stocks gaining despite sharp rise in interest rates. European investors express relief following French elections and big tech names lead advance on Wall Street. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The 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 02 July 24: ASX to open lower ahead of RBA board minutes
US and European markets post modest gains on the first day of the month with US stocks gaining despite sharp rise in interest rates. European investors express relief following French elections and big tech names lead advance on Wall Street. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The 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.
08:17
1 Jul 24
Market Close 01 Jul 24: Miners boosted by strong Chinese data
It was a slow start to begin the new financial year. Laura and Stevie reflect on a day where most of the sectors saw a decline. They look at the materials sector in detail which did manage to rally today and unpack the reasoning behind that boost, reflect on the recent local market performance in comparison to international markets, and look at the stocks that were in focus today. The content 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.
Market Close 01 Jul 24: Miners boosted by strong Chinese data
It was a slow start to begin the new financial year. Laura and Stevie reflect on a day where most of the sectors saw a decline. They look at the materials sector in detail which did manage to rally today and unpack the reasoning behind that boost, reflect on the recent local market performance in comparison to international markets, and look at the stocks that were in focus today. The content 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.
08:56
1 Jul 24
Morning Report 01 July 24: ASX200 set to start July in negative territory
Wall Street ends the final day in the trading week in negative territory and weaker economic figures from China to create headwinds in local shares. European investors pensive ahead of French polling results and Nike experienced its worst day since its listing in 1980, which reverberated throughout the leisure wear sector, leading to declines in companies like Lululemon, JD Sports, and Puma. The 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 01 July 24: ASX200 set to start July in negative territory
Wall Street ends the final day in the trading week in negative territory and weaker economic figures from China to create headwinds in local shares. European investors pensive ahead of French polling results and Nike experienced its worst day since its listing in 1980, which reverberated throughout the leisure wear sector, leading to declines in companies like Lululemon, JD Sports, and Puma. The 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.
09:56
30 Jun 24
Market Close 28 Jun 24: Aussie market improves over the financial year
Despite starting the session strongly, the Australian share market had a subdued finish to a week dominated by inflation concerns. Over the week, the market showed resilience, recovering from significant mid-week losses caused by worse-than-expected inflation data. Highlights included Mirvac's rebound after selling a major stake in a Sydney office tower, ANZ's acquisition of Suncorp's banking business, and Adore Beauty's acquisition of the premium brand iKOU. The upcoming US inflation data, French elections, and Australian retail spending data are set to influence market movements 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.
Market Close 28 Jun 24: Aussie market improves over the financial year
Despite starting the session strongly, the Australian share market had a subdued finish to a week dominated by inflation concerns. Over the week, the market showed resilience, recovering from significant mid-week losses caused by worse-than-expected inflation data. Highlights included Mirvac's rebound after selling a major stake in a Sydney office tower, ANZ's acquisition of Suncorp's banking business, and Adore Beauty's acquisition of the premium brand iKOU. The upcoming US inflation data, French elections, and Australian retail spending data are set to influence market movements 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.
08:56
28 Jun 24
Morning Report 28 June 24: ASX to rise as investors await fed’s preferred price data
Wall Street shows only modest gains ahead of key inflation figures, while Aussie shares are expected to rise ahead of private sector credit data. A fall in US bond yields was outperformed by technology shares with server maker, Super Micro Computer, now the top performer on the S&P 500. European markets were mixed, with retail stocks performing poorly and Aussie shares were up neutralising yesterday’s decline. 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 28 June 24: ASX to rise as investors await fed’s preferred price data
Wall Street shows only modest gains ahead of key inflation figures, while Aussie shares are expected to rise ahead of private sector credit data. A fall in US bond yields was outperformed by technology shares with server maker, Super Micro Computer, now the top performer on the S&P 500. European markets were mixed, with retail stocks performing poorly and Aussie shares were up neutralising yesterday’s decline. 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.
09:51
27 Jun 24
Market Close 27 Jun 24: Inflation woes keep market under pressure
The Australian share market experienced a significant dip, with real estate stocks notably plummeting due to a combination of ex-dividend trading and fears of rising interest rates. Inflation remains a pressing issue, with May's data showing a 4% increase, the highest in six months, leading to speculation about potential rate hikes in August or September. Despite overall market losses, tech stocks showed resilience, continuing their upward trend. Investors are also closely monitoring upcoming economic data and the US presidential debate for further market implications. 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.
Market Close 27 Jun 24: Inflation woes keep market under pressure
The Australian share market experienced a significant dip, with real estate stocks notably plummeting due to a combination of ex-dividend trading and fears of rising interest rates. Inflation remains a pressing issue, with May's data showing a 4% increase, the highest in six months, leading to speculation about potential rate hikes in August or September. Despite overall market losses, tech stocks showed resilience, continuing their upward trend. Investors are also closely monitoring upcoming economic data and the US presidential debate for further market implications. 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.
09:46
27 Jun 24
Morning Report 27 June 24: Aussie stocks to slump with investors spooked by inflation
Wall Street continues to grind ahead of key inflation figures, while Aussie shares are expected to fall sharply as inflation data spooks investors. Micron Technology declined in late trading after its forecast failed to meet the sky-high expectations of some investors. Australia now has the highest inflation in the developed world, with commodity prices under pressure due to a push in the US dollar. 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 27 June 24: Aussie stocks to slump with investors spooked by inflation
Wall Street continues to grind ahead of key inflation figures, while Aussie shares are expected to fall sharply as inflation data spooks investors. Micron Technology declined in late trading after its forecast failed to meet the sky-high expectations of some investors. Australia now has the highest inflation in the developed world, with commodity prices under pressure due to a push in the US dollar. 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.
09:09
26 Jun 24
Market Close 26 Jun 24: ASX nosedives after inflation data surprises
Laura and Stevie start the episode by calling this a ‘terrible day on the share market’. Join them as they unpack this on a day where Inflation data was significantly higher than expectations. They look at how this has impacted market sentiment, discussions around rate hikes, and what further upcoming economic data could do to the movements that we saw today. They talk through the stocks that caught their attention, sector performance, and reflect on the week overall. 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.
Market Close 26 Jun 24: ASX nosedives after inflation data surprises
Laura and Stevie start the episode by calling this a ‘terrible day on the share market’. Join them as they unpack this on a day where Inflation data was significantly higher than expectations. They look at how this has impacted market sentiment, discussions around rate hikes, and what further upcoming economic data could do to the movements that we saw today. They talk through the stocks that caught their attention, sector performance, and reflect on the week overall. 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.
10:00
26 Jun 24
Morning Report 26 June 24: ASX to fall ahead of key Aussie inflation data
Wall Street recovers thanks to a move higher for technology names. All eyes are on Micron Technology, which will release its third-quarter earnings report on Wednesday. Amazon, Meta, and Google are up 1% and Nvidia shows a significant rebound after falling for three straight sessions. In Canada, inflation numbers came in stronger than expected after cutting interest rates for the first time in four years. Australian shares are expected to open lower ahead of key inflation data, with the resource sector under pressure. 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 26 June 24: ASX to fall ahead of key Aussie inflation data
Wall Street recovers thanks to a move higher for technology names. All eyes are on Micron Technology, which will release its third-quarter earnings report on Wednesday. Amazon, Meta, and Google are up 1% and Nvidia shows a significant rebound after falling for three straight sessions. In Canada, inflation numbers came in stronger than expected after cutting interest rates for the first time in four years. Australian shares are expected to open lower ahead of key inflation data, with the resource sector under pressure. 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.
09:37
25 Jun 24
Market Close 25 Jun 24: Market surges despite upcoming inflation data
The Aussie market has reversed the losses of yesterday. Laura and Stevie discuss this ‘bounce back’ and why it is surprising given the upcoming local and international inflation data. They discuss how this upcoming data could impact the days ahead, consumer confidence in the current climate, and look at the sectors in detail with all of them spending the majority of the day in positive territory. 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.
Market Close 25 Jun 24: Market surges despite upcoming inflation data
The Aussie market has reversed the losses of yesterday. Laura and Stevie discuss this ‘bounce back’ and why it is surprising given the upcoming local and international inflation data. They discuss how this upcoming data could impact the days ahead, consumer confidence in the current climate, and look at the sectors in detail with all of them spending the majority of the day in positive territory. 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.
09:52
25 Jun 24
Morning Report 25 June 24: Aussie shares to lift as investors snap up energy and bank stocks
A nervous start for Wall Street with tech stocks in reverse, while Aussie shares are expected to open higher ahead of KFC operator Collins Foods' results. US equities might be set to pause as investors await inflation data. ResMed's Aussie shares are under some pressure, while energy stocks and banks in Europe saw gains. The content in this podcast is prepared, approved and distributed in 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 25 June 24: Aussie shares to lift as investors snap up energy and bank stocks
A nervous start for Wall Street with tech stocks in reverse, while Aussie shares are expected to open higher ahead of KFC operator Collins Foods' results. US equities might be set to pause as investors await inflation data. ResMed's Aussie shares are under some pressure, while energy stocks and banks in Europe saw gains. The content in this podcast is prepared, approved and distributed in 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.
09:59
24 Jun 24
Market Close 24 Jun 24: A high risk week ahead for global share markets
The market has started things cautiously this week reversing almost all of last week’s gains. Laura and Stevie discuss this session which continued to get worse as the day went on and the two main catalysts that could impact markets through this week. They look at today’s performance where almost all of the sectors have slipped, the stocks that were in focus, and what to expect across the final week of the month. 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.
Market Close 24 Jun 24: A high risk week ahead for global share markets
The market has started things cautiously this week reversing almost all of last week’s gains. Laura and Stevie discuss this session which continued to get worse as the day went on and the two main catalysts that could impact markets through this week. They look at today’s performance where almost all of the sectors have slipped, the stocks that were in focus, and what to expect across the final week of the month. 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.
08:47
24 Jun 24
Morning Report 24 June 24: Mixed results for Wall Street sees a lower open for the ASX 200
A lack on conviction on the part of investors saw mixed fortunes for Wall Street on Friday. Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. The ASX expected to fall as the Reserve Bank's inflation problem rattles nerves. Nvidia shares appear to be cooling off the back of their record peaks. 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 24 June 24: Mixed results for Wall Street sees a lower open for the ASX 200
A lack on conviction on the part of investors saw mixed fortunes for Wall Street on Friday. Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. The ASX expected to fall as the Reserve Bank's inflation problem rattles nerves. Nvidia shares appear to be cooling off the back of their record peaks. 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.
10:00
23 Jun 24
Market Close 21 Jun 24: The cream sours on Guzman y Gomez
Laura and Stevie reflect on a week that has remained largely flat as they await a fresh catalyst to move them in either direction. Inflation data may be the next thing to move the needle, and they look at the upcoming economic factors which could also impact the market in the week ahead. Each of the sectors is looked at in detail with most in the green, Guzman y Gomez is back in focus, and they look at the other big movers. 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.
Market Close 21 Jun 24: The cream sours on Guzman y Gomez
Laura and Stevie reflect on a week that has remained largely flat as they await a fresh catalyst to move them in either direction. Inflation data may be the next thing to move the needle, and they look at the upcoming economic factors which could also impact the market in the week ahead. Each of the sectors is looked at in detail with most in the green, Guzman y Gomez is back in focus, and they look at the other big movers. 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.
09:50
21 Jun 24
Morning Report 21 June 24: ASX to rise, S&P 500 struggles near record highs
Wall Street treads water as investors return from a holiday. We saw record levels but retreated by the end of the day. While Aussie shares are poised to open higher. The S&P 500 briefly topped 5,500 points before losing some traction. European markets had a better tone, with central banks making 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.
Morning Report 21 June 24: ASX to rise, S&P 500 struggles near record highs
Wall Street treads water as investors return from a holiday. We saw record levels but retreated by the end of the day. While Aussie shares are poised to open higher. The S&P 500 briefly topped 5,500 points before losing some traction. European markets had a better tone, with central banks making 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.
09:59
20 Jun 24
Market Close 20 Jun 24: Nacho average day for Guzman y Gomez
The market has remained relatively flat today following a day of closed US markets. Laura and Stevie unpack this performance which saw mixed results across the sectors and discuss why a lack of international economic data likely had a part to play. The biggest listing on the share market in three years also went public today in the form of Guzman y Gomez, they discuss this launch and also look at the top performing stocks in this session. 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.
Market Close 20 Jun 24: Nacho average day for Guzman y Gomez
The market has remained relatively flat today following a day of closed US markets. Laura and Stevie unpack this performance which saw mixed results across the sectors and discuss why a lack of international economic data likely had a part to play. The biggest listing on the share market in three years also went public today in the form of Guzman y Gomez, they discuss this launch and also look at the top performing stocks in this session. 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.
09:03
20 Jun 24
Morning Report 20 June 24: Aussie shares expected to slip ahead of Guzman y Gomez debut on the ASX
US markets were closed for the Juneteenth public holiday, while European markets showed mixed performance. The UK's inflation rate fell to the Bank of England's 2% target for the first time in nearly three years, but core inflation remains high at 3.5%, with services inflation near 6%. Political uncertainty weighed on European markets, with the French market particularly affected by fiscal concerns. In commodities, oil prices dipped slightly, while metals like copper and aluminium saw gains. The Aussie dollar rose slightly, influenced by the Reserve Bank of Australia's cautious stance. Today, Australian shares are expected to open lower ahead of Guzman and Gomez's highly anticipated IPO. 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 20 June 24: Aussie shares expected to slip ahead of Guzman y Gomez debut on the ASX
US markets were closed for the Juneteenth public holiday, while European markets showed mixed performance. The UK's inflation rate fell to the Bank of England's 2% target for the first time in nearly three years, but core inflation remains high at 3.5%, with services inflation near 6%. Political uncertainty weighed on European markets, with the French market particularly affected by fiscal concerns. In commodities, oil prices dipped slightly, while metals like copper and aluminium saw gains. The Aussie dollar rose slightly, influenced by the Reserve Bank of Australia's cautious stance. Today, Australian shares are expected to open lower ahead of Guzman and Gomez's highly anticipated IPO. 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.
09:30
19 Jun 24
Market Close 19 June 24: What company became the world’s largest overnight?
Following a day of significant improvements yesterday the market has today paused for breath. Laura and Stevie discuss the part that yesterday’s RBA meeting could be playing in the stall of today, and discuss the company that is now 23 times larger than Australia’s biggest company. The best and worst performing sectors are looked at as well as the standout stocks, and they look to the days 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.
Market Close 19 June 24: What company became the world’s largest overnight?
Following a day of significant improvements yesterday the market has today paused for breath. Laura and Stevie discuss the part that yesterday’s RBA meeting could be playing in the stall of today, and discuss the company that is now 23 times larger than Australia’s biggest company. The best and worst performing sectors are looked at as well as the standout stocks, and they look to the days 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.
09:17
19 Jun 24
Morning Report 19 June 24: ASX to consolidate after yesterday's big gain
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 19 June 24: ASX to consolidate after yesterday's big gain
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.
09:54
18 Jun 24
Market Close 18 June 24: Interest rate outlook remains uncertain following RBA meeting
The market has bounced back today reversing the losses of the past two sessions. Laura and Stevie unpack this performance and deep dive into the outcomes of the latest RBA meeting where a neutral stance was taken. Consumer confidence is considered, they discuss the one stock that weighed on the sectors, and look at the standout stocks for the day. 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.
Market Close 18 June 24: Interest rate outlook remains uncertain following RBA meeting
The market has bounced back today reversing the losses of the past two sessions. Laura and Stevie unpack this performance and deep dive into the outcomes of the latest RBA meeting where a neutral stance was taken. Consumer confidence is considered, they discuss the one stock that weighed on the sectors, and look at the standout stocks for the day. 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.
09:48
18 Jun 24
Morning Report 18 Jun 24: ASX to rise ahead of RBA interest rate decision
US stocks rallied as the S&P 500 hit its 30th record high this year, with the Dow Jones rising by 0.5% and the tech-heavy Nasdaq up by 1%. Meanwhile, European markets saw modest gains amid political uncertainty in France, where fiscal concerns are impacting bond yields. Australian shares are set to rise, awaiting the Reserve Bank's policy decision amid fluctuating commodity prices and a stable Aussie dollar. 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 18 Jun 24: ASX to rise ahead of RBA interest rate decision
US stocks rallied as the S&P 500 hit its 30th record high this year, with the Dow Jones rising by 0.5% and the tech-heavy Nasdaq up by 1%. Meanwhile, European markets saw modest gains amid political uncertainty in France, where fiscal concerns are impacting bond yields. Australian shares are set to rise, awaiting the Reserve Bank's policy decision amid fluctuating commodity prices and a stable Aussie dollar. 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.
09:40
17 Jun 24
Market Close 17 June 24: Fourth fall in five sessions
Another down day for the Aussie share market, join Stevie and Laura as they give an overview. We saw a quiet day of trade ahead of the RBA handing down it's decision tomorrow. The expectation being that there will be no change in the cash rate. Paladin Energy stocks continue to see losses, while Tabcorp's stocks rose. 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.
Market Close 17 June 24: Fourth fall in five sessions
Another down day for the Aussie share market, join Stevie and Laura as they give an overview. We saw a quiet day of trade ahead of the RBA handing down it's decision tomorrow. The expectation being that there will be no change in the cash rate. Paladin Energy stocks continue to see losses, while Tabcorp's stocks rose. 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.
09:04
17 Jun 24
Morning Report 17 Jun 24: Aussie shares to open lower as investors look towards tomorrow's RBA decision
US stocks ended last week on a flat note after significant movements due to inflation data, with the S&P 500 and Nasdaq posting modest gains while the Dow Jones dipped slightly. Apple surged to a record high, buoyed by its AI integration plans while in contrast, European markets struggled, especially in France, due to political instability. Meanwhile, Australian shares are expected to start the week lower, following a 1.7% decline last week, amid global market uncertainties. 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 17 Jun 24: Aussie shares to open lower as investors look towards tomorrow's RBA decision
US stocks ended last week on a flat note after significant movements due to inflation data, with the S&P 500 and Nasdaq posting modest gains while the Dow Jones dipped slightly. Apple surged to a record high, buoyed by its AI integration plans while in contrast, European markets struggled, especially in France, due to political instability. Meanwhile, Australian shares are expected to start the week lower, following a 1.7% decline last week, amid global market uncertainties. 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.
09:32
16 Jun 24
Market Close 14 June 24: Worst week in two months for Aussie stocks
Laura and Stevie round off what was a challenging week for Aussie stocks. We saw widespread losses and are on track for the worst week in two months. The consumer discretionary and healthcare sectors performed well, while tech and mining sectors struggled. Notable stock movements included Tapcorp, Boss Energy, Paladin Energy, and Deterra Royalties. 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.
Market Close 14 June 24: Worst week in two months for Aussie stocks
Laura and Stevie round off what was a challenging week for Aussie stocks. We saw widespread losses and are on track for the worst week in two months. The consumer discretionary and healthcare sectors performed well, while tech and mining sectors struggled. Notable stock movements included Tapcorp, Boss Energy, Paladin Energy, and Deterra Royalties. 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.
09:59
14 Jun 24
Morning Report 14 Jun 24: Wall Street celebrates on lower inflation numbers
US stocks reached new highs as inflation fears eased, with the S&P 500 and Nasdaq showing modest gains despite a slight drop in the Dow Jones. Lower inflation, indicated by flat consumer prices and declining producer prices, provided relief. However, industrial shares lagged due to economic slowdown concerns. In Europe, political instability and auto sector worries led to market declines, particularly in France and Germany. Meanwhile, Australian shares are expected to dip slightly amid mixed global signals. 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 14 Jun 24: Wall Street celebrates on lower inflation numbers
US stocks reached new highs as inflation fears eased, with the S&P 500 and Nasdaq showing modest gains despite a slight drop in the Dow Jones. Lower inflation, indicated by flat consumer prices and declining producer prices, provided relief. However, industrial shares lagged due to economic slowdown concerns. In Europe, political instability and auto sector worries led to market declines, particularly in France and Germany. Meanwhile, Australian shares are expected to dip slightly amid mixed global signals. 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.
09:53
13 Jun 24
Market Close 13 June 24: First lift of the week for Aussie stocks
It is the first lift of the week for the Aussie market, though it has not fully rebounded from the last two challenging days. Join Laura and Stevie as they discuss the busy 24 hours that has been, including the latest US inflation rate report, the surprise from the US Federal Reserve's rate cut decision, the performance of companies such as ASX, Bubbs Australia, and A2 Milk and the latest strategic move from Qantas. Additionally, the introduction of Apple Intelligence has seen shares lift, overtaking Microsoft on the NASDAQ. 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.
Market Close 13 June 24: First lift of the week for Aussie stocks
It is the first lift of the week for the Aussie market, though it has not fully rebounded from the last two challenging days. Join Laura and Stevie as they discuss the busy 24 hours that has been, including the latest US inflation rate report, the surprise from the US Federal Reserve's rate cut decision, the performance of companies such as ASX, Bubbs Australia, and A2 Milk and the latest strategic move from Qantas. Additionally, the introduction of Apple Intelligence has seen shares lift, overtaking Microsoft on the NASDAQ. 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.
09:59
13 Jun 24
Morning Report 13 Jun 24: Inflation relief pushes Wall Street to record highs
US stocks surged to record highs due to lower-than-expected inflation figures, leading to optimism in the market. The S&P 500 and the NASDAQ were up, while the Dow Jones lagged slightly. Inflation data showed minimal monthly increases, the slowest since August 2021, suggesting progress in controlling inflation. The Federal Reserve maintained interest rates but hinted at fewer rate cuts in 2024, causing mixed reactions in the market. European markets also saw gains, driven by improved US inflation data, although some local challenges persisted. Meanwhile, Australian shares are expected to rise ahead of crucial jobs data, reflecting global economic trends. 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 13 Jun 24: Inflation relief pushes Wall Street to record highs
US stocks surged to record highs due to lower-than-expected inflation figures, leading to optimism in the market. The S&P 500 and the NASDAQ were up, while the Dow Jones lagged slightly. Inflation data showed minimal monthly increases, the slowest since August 2021, suggesting progress in controlling inflation. The Federal Reserve maintained interest rates but hinted at fewer rate cuts in 2024, causing mixed reactions in the market. European markets also saw gains, driven by improved US inflation data, although some local challenges persisted. Meanwhile, Australian shares are expected to rise ahead of crucial jobs data, reflecting global economic trends. 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.
09:48
12 Jun 24
Market Close 12 June 24: US inflation and interest rate decision in focus
Join Laura and Stevie as they take a look at the markets nervous start to the week. Two consecutive days of declines, ahead of two high risk events tonight. Why did consumer confidence just hit its lowest level all year? Judo Capital Holdings saw gains after the ASX quarterly rebalance placed it in the top 200. 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.
Market Close 12 June 24: US inflation and interest rate decision in focus
Join Laura and Stevie as they take a look at the markets nervous start to the week. Two consecutive days of declines, ahead of two high risk events tonight. Why did consumer confidence just hit its lowest level all year? Judo Capital Holdings saw gains after the ASX quarterly rebalance placed it in the top 200. 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.
10:00
12 Jun 24
Morning Report 12 Jun 24: ASX to drop on weak metal prices
Aussie shares are predicted to decline ahead of key inflation data from the US and China, meanwhile a significant $39 billion US bond auction sparked speculation about potential Fed rate cuts. Tech stocks, particularly Apple, saw gains amid new AI features while in Europe, political uncertainties led to notable market declines, especially in banking stocks. Commodity prices, including metals and oil, experienced fluctuations due to mixed global economic indicators, impacting the Australian market outlook. 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 12 Jun 24: ASX to drop on weak metal prices
Aussie shares are predicted to decline ahead of key inflation data from the US and China, meanwhile a significant $39 billion US bond auction sparked speculation about potential Fed rate cuts. Tech stocks, particularly Apple, saw gains amid new AI features while in Europe, political uncertainties led to notable market declines, especially in banking stocks. Commodity prices, including metals and oil, experienced fluctuations due to mixed global economic indicators, impacting the Australian market outlook. 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.
09:28
11 Jun 24
Market Close 11 June 24: Markets tumble ahead of inflation, interest rates and jobs data
After the best week of the year, last week, markets have taken a nose dive. What is contributing to this decline? Join Laura and Stevie as they unpack the Australian stock market's rough start to the week, with the ASX 200 down by close to 1.5%. Gold Miners took the biggest hits with declines close to 5.5%, the worst session for Gold Miners as a group since late September, 2022. 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.
Market Close 11 June 24: Markets tumble ahead of inflation, interest rates and jobs data
After the best week of the year, last week, markets have taken a nose dive. What is contributing to this decline? Join Laura and Stevie as they unpack the Australian stock market's rough start to the week, with the ASX 200 down by close to 1.5%. Gold Miners took the biggest hits with declines close to 5.5%, the worst session for Gold Miners as a group since late September, 2022. 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.
09:37
11 Jun 24
Morning Report 11 Jun 24: ASX to fall despite Wall Street hovering at record highs
US investors remain cautious as they await critical inflation data and a Federal Reserve decision on interest rates, which are anticipated to remain unchanged this week. Last Friday’s stronger-than-expected US jobs report highlighted the resilience of the labor market, raising doubts about potential rate cuts in September. Major US stock indices saw modest gains, meanwhile political uncertainties in Europe following far-right successes in elections contributed to market declines. Australian shares are expected to follow this trend amid upcoming local business confidence surveys and fluctuating commodity prices, notably oil and iron ore. 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 11 Jun 24: ASX to fall despite Wall Street hovering at record highs
US investors remain cautious as they await critical inflation data and a Federal Reserve decision on interest rates, which are anticipated to remain unchanged this week. Last Friday’s stronger-than-expected US jobs report highlighted the resilience of the labor market, raising doubts about potential rate cuts in September. Major US stock indices saw modest gains, meanwhile political uncertainties in Europe following far-right successes in elections contributed to market declines. Australian shares are expected to follow this trend amid upcoming local business confidence surveys and fluctuating commodity prices, notably oil and iron ore. 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.
09:21
10 Jun 24
Market Close 7 June 24: Best week this year for the Aussie market
The Aussie market heads into the close on track to be the best week of the year. Laura and Stevie unpack this third straight day of gains as we hover near record highs and look at the part that international interest rate cuts played in this shift higher. Company news has been light today but energy stocks have seen some significant moves which they discuss, they look at the best and worst performers for the day and the week, and what could be expected to move markets as we head into the long weekend. 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.
Market Close 7 June 24: Best week this year for the Aussie market
The Aussie market heads into the close on track to be the best week of the year. Laura and Stevie unpack this third straight day of gains as we hover near record highs and look at the part that international interest rate cuts played in this shift higher. Company news has been light today but energy stocks have seen some significant moves which they discuss, they look at the best and worst performers for the day and the week, and what could be expected to move markets as we head into the long weekend. 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.
09:25
7 Jun 24
Morning Report 07 Jun 24: ASX to edge up after European Central Bank cuts interest rates
Tom and Ryan are back for your Friday morning. The big news overnight, the Europeans cut rates. Although, it may be seen as a reluctant move. Wall Street takes a breather ahead of key jobs numbers and Aussie shares expected to open higher to end the 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.
Morning Report 07 Jun 24: ASX to edge up after European Central Bank cuts interest rates
Tom and Ryan are back for your Friday morning. The big news overnight, the Europeans cut rates. Although, it may be seen as a reluctant move. Wall Street takes a breather ahead of key jobs numbers and Aussie shares expected to open higher to end the 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.
09:59
6 Jun 24
Market Close 6 June 24: International rate cut decision improves investor confidence
Laura and Stevie are back today to unpack what they are calling a ‘cracker of a session’. The market is set to snap two weeks of losses as international rate cuts lift the mood for investors - a move which could spark discussions around local interest rate cuts. All sectors were higher today, they discuss the stocks that saw the most significant gains or losses and address the upcoming economic data that could move markets in the days 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.
Market Close 6 June 24: International rate cut decision improves investor confidence
Laura and Stevie are back today to unpack what they are calling a ‘cracker of a session’. The market is set to snap two weeks of losses as international rate cuts lift the mood for investors - a move which could spark discussions around local interest rate cuts. All sectors were higher today, they discuss the stocks that saw the most significant gains or losses and address the upcoming economic data that could move markets in the days 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.
09:22
6 Jun 24
Morning Report 06 Jun 24: ASX to rise, Nvidia leads mega cap tech rally
Join Tom and Ryan as they discuss new record highs on Wall Street. Hewlett Packard has been a standout overnight with strong gains, while Nvidia continued its AI driven run. Aussie shares are poised to rise, as the Bank of Canada bolsters hopes for global rate cuts. And it's that time of the year where our performance reviews are being submitted so Tom and Ryan are asking you if you've enjoyed the podcast and if there's anyway they can improve? 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 06 Jun 24: ASX to rise, Nvidia leads mega cap tech rally
Join Tom and Ryan as they discuss new record highs on Wall Street. Hewlett Packard has been a standout overnight with strong gains, while Nvidia continued its AI driven run. Aussie shares are poised to rise, as the Bank of Canada bolsters hopes for global rate cuts. And it's that time of the year where our performance reviews are being submitted so Tom and Ryan are asking you if you've enjoyed the podcast and if there's anyway they can improve? 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.
09:59
5 Jun 24
Market Close 05 June 24: Aussie market recoups losses in response to GDP figures
The market saw a drop yesterday but today recouped those losses. Laura and Stevie unpack how data that differed from what analysts were expecting played a part in this shift and how this data could impact the next RBA meeting. Interest rates are back in discussion, each of the sectors are looked at as mining and technology stocks continue to take a hit, and they talk through the company news that moved markets 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.
Market Close 05 June 24: Aussie market recoups losses in response to GDP figures
The market saw a drop yesterday but today recouped those losses. Laura and Stevie unpack how data that differed from what analysts were expecting played a part in this shift and how this data could impact the next RBA meeting. Interest rates are back in discussion, each of the sectors are looked at as mining and technology stocks continue to take a hit, and they talk through the company news that moved markets 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.
09:30
5 Jun 24
Morning Report 05 Jun 24: ASX to open lower on concerns of growth data stalling
Join Tom and Ryan as they discuss Wall Street's recovery on the back of softer employment figures, and the pressure on Aussie shares due to declining commodity prices. As the 5th of June unfolds, they delve into the implications of the Jolt Survey results, revealing the lowest level of US job openings in over three years, and what this means for the Federal Reserve's interest rate decisions. In Europe, markets faced downward trends with significant losses in energy stocks and commodities, while the local picture has the ASX 200 opening lower. 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 05 Jun 24: ASX to open lower on concerns of growth data stalling
Join Tom and Ryan as they discuss Wall Street's recovery on the back of softer employment figures, and the pressure on Aussie shares due to declining commodity prices. As the 5th of June unfolds, they delve into the implications of the Jolt Survey results, revealing the lowest level of US job openings in over three years, and what this means for the Federal Reserve's interest rate decisions. In Europe, markets faced downward trends with significant losses in energy stocks and commodities, while the local picture has the ASX 200 opening lower. 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.
10:00
4 Jun 24
Market Close 04 June 24: Mining and energy stocks in focus today
The Aussie market has taken a breath following a couple of days of impressive gains. Laura and Stevie put mining and energy stocks under the microscope today as oil prices fell to their lowest in some time. Iron ore also has taken a tumble while gold miners are on the increase. They discuss the stocks that stood out today and look to the likely market movers in the day 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.
Market Close 04 June 24: Mining and energy stocks in focus today
The Aussie market has taken a breath following a couple of days of impressive gains. Laura and Stevie put mining and energy stocks under the microscope today as oil prices fell to their lowest in some time. Iron ore also has taken a tumble while gold miners are on the increase. They discuss the stocks that stood out today and look to the likely market movers in the day 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.
09:43
4 Jun 24
Morning Report 04 Jun: Commodity headwind to weigh on the ASX
Join Tom and Ryan as they analyse a challenging start to the new month on Wall Street, driven by a moderation in U.S. manufacturing and expectations for rate cuts by the Federal Reserve. The Dow Jones dipped by 0.5%, while the S&P 500 hovered just below the positive line, and the NASDAQ managed a modest gain of 0.3%. There was a fall in oil prices following a less-than-convincing promise from OPEC to adjust output over the next year. European markets showed mixed results, with a particular focus on the anticipation of an interest rate cut from the European Central Bank. In the local market, shares are set to open lower due to slipping iron ore prices, which fell by over 6%. Plus, the first quarter current account figures and business inventories are expected, which will influence tomorrow's GDP data. 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 04 Jun: Commodity headwind to weigh on the ASX
Join Tom and Ryan as they analyse a challenging start to the new month on Wall Street, driven by a moderation in U.S. manufacturing and expectations for rate cuts by the Federal Reserve. The Dow Jones dipped by 0.5%, while the S&P 500 hovered just below the positive line, and the NASDAQ managed a modest gain of 0.3%. There was a fall in oil prices following a less-than-convincing promise from OPEC to adjust output over the next year. European markets showed mixed results, with a particular focus on the anticipation of an interest rate cut from the European Central Bank. In the local market, shares are set to open lower due to slipping iron ore prices, which fell by over 6%. Plus, the first quarter current account figures and business inventories are expected, which will influence tomorrow's GDP data. 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.
09:49
3 Jun 24
Market Close 03 June 24: A positive start to a new month for investors
The first trading day of the month started off with some solid improvements today. Laura and Stevie unpack the international stocks that saw big moves across last month, and reflect on our local performance which has seen more timid growth. They look at the performance of each of the sectors, why Lovisa shares took a tumble, the factors that impacted gold prices, and what to watch in the day 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.
Market Close 03 June 24: A positive start to a new month for investors
The first trading day of the month started off with some solid improvements today. Laura and Stevie unpack the international stocks that saw big moves across last month, and reflect on our local performance which has seen more timid growth. They look at the performance of each of the sectors, why Lovisa shares took a tumble, the factors that impacted gold prices, and what to watch in the day 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.
10:00
3 Jun 24
Morning Report 3 Jun 24: Aussie shares set to start the month higher as investors celebrate US inflation figures
Wall Street surged with the Dow Jones up 1.5%, its best session since last November, following benign inflation figures, while the S&P 500 rose 0.8% and the NASDAQ ended slightly negative. U.S. inflation data showed modest increases, easing concerns and prompting modest bond yield declines. European markets were buoyed by the positive U.S. inflation news, although European inflation figures presented mixed signals. Aussie shares are expected to start the week positively as Sydney home prices hit record highs. In commodities, OPEC extended production cuts, supporting crude prices, while gold and iron ore prices saw minor declines. 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 3 Jun 24: Aussie shares set to start the month higher as investors celebrate US inflation figures
Wall Street surged with the Dow Jones up 1.5%, its best session since last November, following benign inflation figures, while the S&P 500 rose 0.8% and the NASDAQ ended slightly negative. U.S. inflation data showed modest increases, easing concerns and prompting modest bond yield declines. European markets were buoyed by the positive U.S. inflation news, although European inflation figures presented mixed signals. Aussie shares are expected to start the week positively as Sydney home prices hit record highs. In commodities, OPEC extended production cuts, supporting crude prices, while gold and iron ore prices saw minor declines. 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.
09:16
2 Jun 24
Market Close 31 May 24: The market bounces back with the best day in two weeks
The market has finished the month on a positive note, ending the most recent losing streak by being up around 0.9% today. Some economic data out of China saw local markets dip momentary but this was quickly recovered. Laura and Stevie reflect on the performance of the local market over the month, and discuss interest rates, economic data that we are expecting next week, and the stocks which performed above and beyond 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.
Market Close 31 May 24: The market bounces back with the best day in two weeks
The market has finished the month on a positive note, ending the most recent losing streak by being up around 0.9% today. Some economic data out of China saw local markets dip momentary but this was quickly recovered. Laura and Stevie reflect on the performance of the local market over the month, and discuss interest rates, economic data that we are expecting next week, and the stocks which performed above and beyond 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.
09:34
31 May 24
Morning Report 31 May 24: Aussie shares expected to lift from 4 week lows
US stocks ended lower due to investor caution ahead of key inflation data, with declines in the Dow, S&P 500, and Nasdaq. Bond yields saw modest drops, and US GDP growth for Q1 was revised down. Salesforce suffered its worst decline in nearly 20 years, while other tech stocks also fell. Oil prices dropped due to larger-than-expected stockpile declines, and gold prices inched up. The ASX 200 is expected to rebound after recent losses, supported by a stronger Aussie dollar. 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 31 May 24: Aussie shares expected to lift from 4 week lows
US stocks ended lower due to investor caution ahead of key inflation data, with declines in the Dow, S&P 500, and Nasdaq. Bond yields saw modest drops, and US GDP growth for Q1 was revised down. Salesforce suffered its worst decline in nearly 20 years, while other tech stocks also fell. Oil prices dropped due to larger-than-expected stockpile declines, and gold prices inched up. The ASX 200 is expected to rebound after recent losses, supported by a stronger Aussie dollar. 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.
09:44
30 May 24
Market Close 30 May 24: Aussie market continues to dip following hotter than expected inflation data
The market inches closer to a four-week low today. Laura and Stevie discuss the factors likely to impact how we round out the month, and the part that interest rate discussions, upcoming economic data, and market sentiment are likely to play in the coming days. They look at how each of the sectors performed today and discuss the stocks that caught their eye. 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.
Market Close 30 May 24: Aussie market continues to dip following hotter than expected inflation data
The market inches closer to a four-week low today. Laura and Stevie discuss the factors likely to impact how we round out the month, and the part that interest rate discussions, upcoming economic data, and market sentiment are likely to play in the coming days. They look at how each of the sectors performed today and discuss the stocks that caught their eye. 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.
08:46
30 May 24
Morning Report 30 May 24: Stocks grimace as interest rates rise
Tom and Ryan dissect a turbulent day on Wall Street and its ripple effects on the Aussie market after yesterday's poor performance. Sticky inflation is in the spotlight, plus BHP’s decision to withdraw its $75 billion bid for Anglo-American, exploring the implications for the mining sector and what it means for global 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.
Morning Report 30 May 24: Stocks grimace as interest rates rise
Tom and Ryan dissect a turbulent day on Wall Street and its ripple effects on the Aussie market after yesterday's poor performance. Sticky inflation is in the spotlight, plus BHP’s decision to withdraw its $75 billion bid for Anglo-American, exploring the implications for the mining sector and what it means for global 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.
09:58
29 May 24
Market Close 29 May 24: Inflation weighs on Aussie shares
Steve and Laura delve into a tough day for the Australian market as investors grapple with unexpected inflation data. The ASX200 plunged 1.3%, marking its worst performance in months. They analyse the factors behind this decline, focusing on the surprise jump in April's inflation rate to 3.6%, which has fuelled concerns over prolonged high interest rates. There were broad market losses across all 11 sectors, with significant hits to consumer staples, discretionary, industrials, and financial stocks. 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.
Market Close 29 May 24: Inflation weighs on Aussie shares
Steve and Laura delve into a tough day for the Australian market as investors grapple with unexpected inflation data. The ASX200 plunged 1.3%, marking its worst performance in months. They analyse the factors behind this decline, focusing on the surprise jump in April's inflation rate to 3.6%, which has fuelled concerns over prolonged high interest rates. There were broad market losses across all 11 sectors, with significant hits to consumer staples, discretionary, industrials, and financial stocks. 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.
07:19
29 May 24
Morning Report 29 May 24: Aussie stocks set to open lower ahead of key inflation data
US markets didn’t return refreshed from their long weekend. Tom and Ryan discuss this sluggish performance, the lift in treasury yields, and the part that discussions around interest rate ‘hikes’ played in pushing interest rates higher. They look at the economic data set to influence local markets today, and the current standing for the Aussie dollar. 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 29 May 24: Aussie stocks set to open lower ahead of key inflation data
US markets didn’t return refreshed from their long weekend. Tom and Ryan discuss this sluggish performance, the lift in treasury yields, and the part that discussions around interest rate ‘hikes’ played in pushing interest rates higher. They look at the economic data set to influence local markets today, and the current standing for the Aussie dollar. 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.
09:59
28 May 24
Market Close 28 May 24: Market remains cautious ahead of upcoming inflation data
The market has remained cautious today. This could partly be down to closed international markets but is also likely the result of upcoming inflation data. Laura and Stevie discuss this sentiment, and how tomorrow’s data could move markets. They look at the market moving stocks from today and what to expect as the markets that have remained closed internationally reopen. 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.
Market Close 28 May 24: Market remains cautious ahead of upcoming inflation data
The market has remained cautious today. This could partly be down to closed international markets but is also likely the result of upcoming inflation data. Laura and Stevie discuss this sentiment, and how tomorrow’s data could move markets. They look at the market moving stocks from today and what to expect as the markets that have remained closed internationally reopen. 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.
08:32
28 May 24
Morning Report 28 May 24: ASX to edge higher, Aussie retail spending in focus
Despite muted trading in the US overnight by virtue of a public holiday, US futures were up slightly. Plus, Ryan and Tom break down a key change in the US stock settlement process, moving from a two-day to a one-day settlement cycle, aimed at reducing risk and increasing market liquidity. European markets rose, buoyed by positive business sentiment and expectations of future interest rate cuts from the European Central Bank. In Australia, the ASX200 is set to rise, supported by commodity price movements and April retail sales data. 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 28 May 24: ASX to edge higher, Aussie retail spending in focus
Despite muted trading in the US overnight by virtue of a public holiday, US futures were up slightly. Plus, Ryan and Tom break down a key change in the US stock settlement process, moving from a two-day to a one-day settlement cycle, aimed at reducing risk and increasing market liquidity. European markets rose, buoyed by positive business sentiment and expectations of future interest rate cuts from the European Central Bank. In Australia, the ASX200 is set to rise, supported by commodity price movements and April retail sales data. 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.
09:24
27 May 24
Market Close 27 May 24: Aussie market snaps four day losing streak
While the market ended down last week it is today back on the incline. Laura and Stevie reflect on what has been a positive last few months for the market, and talk through the stocks that aided the rebound today. They look at the upcoming economic data to expect as the US and UK market are set to remain closed, and what to expect locally 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.
Market Close 27 May 24: Aussie market snaps four day losing streak
While the market ended down last week it is today back on the incline. Laura and Stevie reflect on what has been a positive last few months for the market, and talk through the stocks that aided the rebound today. They look at the upcoming economic data to expect as the US and UK market are set to remain closed, and what to expect locally 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.
09:08
27 May 24
Morning Report 27 May 24: Aussie stocks set for gains as investors brace for inflation figures
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. US markets ended on record highs last week helped by the outlook for inflation. With a public holiday for the US on Monday, the main focus this week is on inflation, with expectations for a small rise in the personal consumption expenditures price index. European markets reflect on higher inflation numbers in the UK and uncertainty over interest rate cuts. Australian shares end down, but the market seems more focused on the moderation in different parts of the economy rather than the challenging inflation outlook. Commodity prices are mixed, with oil and iron ore prices under pressure. Lend Lease plans to sell $4 billion worth of international assets and end its overseas construction divisions. 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 27 May 24: Aussie stocks set for gains as investors brace for inflation figures
Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets. US markets ended on record highs last week helped by the outlook for inflation. With a public holiday for the US on Monday, the main focus this week is on inflation, with expectations for a small rise in the personal consumption expenditures price index. European markets reflect on higher inflation numbers in the UK and uncertainty over interest rate cuts. Australian shares end down, but the market seems more focused on the moderation in different parts of the economy rather than the challenging inflation outlook. Commodity prices are mixed, with oil and iron ore prices under pressure. Lend Lease plans to sell $4 billion worth of international assets and end its overseas construction divisions. 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.
09:55
26 May 24
Market Close 24 May 24: US drags Aussie share market lower
It was another rough session for the Aussie market as interest rate concerns remain on the radar. Laura and Crag reflect on the week, and the impact that US economic data had on the Aussie market today. They discuss the stocks that caught their interest today and what the weekend could bring to the table. 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.
Market Close 24 May 24: US drags Aussie share market lower
It was another rough session for the Aussie market as interest rate concerns remain on the radar. Laura and Crag reflect on the week, and the impact that US economic data had on the Aussie market today. They discuss the stocks that caught their interest today and what the weekend could bring to the table. 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.
09:41
24 May 24
Morning Report 24 May 24: Commodities to weigh on ASX
Wall Street declined as stronger-than-expected economic data raised concerns about prolonged high interest rates, with the S&P 500, Dow Jones, and NASDAQ all falling. Market volatility continues as investors react daily to new data, particularly the US Purchasing Managers Index showing the highest business activity in over two years, potentially increasing inflation. Rising US bond yields and a repricing of rate futures reflect expectations of limited rate cuts in late 2024. Sector-specific news saw Boeing's negative forecast impact the Dow, while Nvidia's strong performance buoyed tech stocks. 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 24 May 24: Commodities to weigh on ASX
Wall Street declined as stronger-than-expected economic data raised concerns about prolonged high interest rates, with the S&P 500, Dow Jones, and NASDAQ all falling. Market volatility continues as investors react daily to new data, particularly the US Purchasing Managers Index showing the highest business activity in over two years, potentially increasing inflation. Rising US bond yields and a repricing of rate futures reflect expectations of limited rate cuts in late 2024. Sector-specific news saw Boeing's negative forecast impact the Dow, while Nvidia's strong performance buoyed tech stocks. 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.
09:57
23 May 24
Market Close 23 May 24: Aussie market slips for a third day
The market is down leading into the close. Laura and Stevie look at what could have been behind this drop by diving into the two sectors that drove the decline, and the part that the US central bank minutes played as well. They look at the stocks that were the biggest movers today and look at the economic data to come in the day 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.
Market Close 23 May 24: Aussie market slips for a third day
The market is down leading into the close. Laura and Stevie look at what could have been behind this drop by diving into the two sectors that drove the decline, and the part that the US central bank minutes played as well. They look at the stocks that were the biggest movers today and look at the economic data to come in the day 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.
08:44
23 May 24
Morning Report 23 May 24: Stocks fall after Fed minutes with Nvidia on tap
Join Tom and Ryan as they break the news on the highly anticipated earnings results of Nvidia released just minutes ago. Plus, they delve into the recent market movements influenced by the US Federal Reserve's latest meeting minutes, which indicated a more hawkish stance on inflation and interest rates, leading to a sell-off in US stocks. Target was the big looser of the night, as well as outlooks for two rate cuts this year, with analysts projecting just one on the horizon this year. Tom and Ryan also give the latest updated on BHP's takeover bid for Anglo-American, having been given one more chance to put together a more attractive binding 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.
Morning Report 23 May 24: Stocks fall after Fed minutes with Nvidia on tap
Join Tom and Ryan as they break the news on the highly anticipated earnings results of Nvidia released just minutes ago. Plus, they delve into the recent market movements influenced by the US Federal Reserve's latest meeting minutes, which indicated a more hawkish stance on inflation and interest rates, leading to a sell-off in US stocks. Target was the big looser of the night, as well as outlooks for two rate cuts this year, with analysts projecting just one on the horizon this year. Tom and Ryan also give the latest updated on BHP's takeover bid for Anglo-American, having been given one more chance to put together a more attractive binding 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.
09:54
22 May 24
Market Close 22 May 24: Bird flu impacts chicken producer
The market remains cautious this week. Laura and Stevie reflect on this breather and look at how it performed today. They look at the New Zealand interest rate decision, the performance of each of the sectors and the stocks that received attention. Telstra and Webjet are among those discussed, and they also look at what could be on the cards in the day 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.
Market Close 22 May 24: Bird flu impacts chicken producer
The market remains cautious this week. Laura and Stevie reflect on this breather and look at how it performed today. They look at the New Zealand interest rate decision, the performance of each of the sectors and the stocks that received attention. Telstra and Webjet are among those discussed, and they also look at what could be on the cards in the day 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.
09:52
22 May 24
Morning Report 22 May: Aussie shares expected to lift after Wall Street hits fresh record highs
Join Tom and Ryan as they discuss Wall Street's latest record highs, with the Dow, S&P 500, and NASDAQ posting modest gains. They explore Nvidia's upcoming earnings report, which is anticipated to show substantial revenue growth driven by high demand in the data-center business. They also highlights the Federal Reserve's cautious stance on inflation, the latest movements in commodity prices, and updates from major companies like Amazon, IBM, Tesla, and Palo Alto. Additionally, they touch on the Reserve Bank of New Zealand's interest rate decision and the economic landscape in Europe and Canada, offering insights into various market dynamics and expectations for the local Australian 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.
Morning Report 22 May: Aussie shares expected to lift after Wall Street hits fresh record highs
Join Tom and Ryan as they discuss Wall Street's latest record highs, with the Dow, S&P 500, and NASDAQ posting modest gains. They explore Nvidia's upcoming earnings report, which is anticipated to show substantial revenue growth driven by high demand in the data-center business. They also highlights the Federal Reserve's cautious stance on inflation, the latest movements in commodity prices, and updates from major companies like Amazon, IBM, Tesla, and Palo Alto. Additionally, they touch on the Reserve Bank of New Zealand's interest rate decision and the economic landscape in Europe and Canada, offering insights into various market dynamics and expectations for the local Australian 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.
09:57
21 May 24
Market Close 21 May 24: Telstra job cuts impact share price
The market ran out of steam today following a run toward record highs. Laura and Stevie reflect on the strong run that we have seen, and how the lack of economic news is fuelling this wait and see moment for the market. They explain the impact of the recent budget announcement, the performance of stocks in the materials sector which have seen a drop back following recent highs, and why Star Entertainment and Telstra made headlines 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.
Market Close 21 May 24: Telstra job cuts impact share price
The market ran out of steam today following a run toward record highs. Laura and Stevie reflect on the strong run that we have seen, and how the lack of economic news is fuelling this wait and see moment for the market. They explain the impact of the recent budget announcement, the performance of stocks in the materials sector which have seen a drop back following recent highs, and why Star Entertainment and Telstra made headlines 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.
09:37
21 May 24
Morning Report 21 May 24: Nasdaq hits record with Nvidia results eyed
The AI boom is continuing to move markets according to Tom and Ryan, with anticipation mounting for Nvidea's earnings report due tomorrow. Across the board, US stocks showed mixed outcomes with the Dow Jones and S&P 500 down slightly while tech stocks like the Nasdaq and Philadelphia Semiconductor Index rose. European markets saw moderate gains, led by aerospace and defense sectors amid geopolitical tensions, with miners benefiting from rising copper and gold prices. The Reserve Bank of Australia's meeting minutes highlighted inflation risks and a high bar for rate hikes, while the Australian dollar fell despite higher iron ore prices. 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 21 May 24: Nasdaq hits record with Nvidia results eyed
The AI boom is continuing to move markets according to Tom and Ryan, with anticipation mounting for Nvidea's earnings report due tomorrow. Across the board, US stocks showed mixed outcomes with the Dow Jones and S&P 500 down slightly while tech stocks like the Nasdaq and Philadelphia Semiconductor Index rose. European markets saw moderate gains, led by aerospace and defense sectors amid geopolitical tensions, with miners benefiting from rising copper and gold prices. The Reserve Bank of Australia's meeting minutes highlighted inflation risks and a high bar for rate hikes, while the Australian dollar fell despite higher iron ore prices. 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.
09:56
20 May 24
Market Close 20 May 24: Aussie market creeps toward record high
Laura is back alongside Stevie today on a day where the market is in the positive. The ASX was today within half of a percent of a record high. They unpack the catalysts for this including US inflation data and look at the performance of each of the sectors. Star entertainment has skyrocketed around 20% today, they discuss this and some of the other big movers while looking at what could be on the way for the day 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.
Market Close 20 May 24: Aussie market creeps toward record high
Laura is back alongside Stevie today on a day where the market is in the positive. The ASX was today within half of a percent of a record high. They unpack the catalysts for this including US inflation data and look at the performance of each of the sectors. Star entertainment has skyrocketed around 20% today, they discuss this and some of the other big movers while looking at what could be on the way for the day 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.
09:58
20 May 24
Morning Report 20 May 24: Aussie stocks set for gains at the open, Miners in focus after Chinese data
The Aussie market is opening to mixed signals from Wall Street, where the Dow closed above 40,000 for the first time. Excitement surged as Reddit's stock jumped 10% following a new AI partnership with OpenAI, and Nvidia's sky-high earnings expectations underscored the booming AI sector. European markets softened amid stable inflation but anticipated rate cuts, while the Australian market edges towards record highs driven by positive Chinese industrial production and massive government intervention in its property sector. Amid rising oil and gold prices and a slightly stronger Aussie dollar, all eyes are on the earnings reports from Elders and Xero, set to steer the tech sector's course. 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 20 May 24: Aussie stocks set for gains at the open, Miners in focus after Chinese data
The Aussie market is opening to mixed signals from Wall Street, where the Dow closed above 40,000 for the first time. Excitement surged as Reddit's stock jumped 10% following a new AI partnership with OpenAI, and Nvidia's sky-high earnings expectations underscored the booming AI sector. European markets softened amid stable inflation but anticipated rate cuts, while the Australian market edges towards record highs driven by positive Chinese industrial production and massive government intervention in its property sector. Amid rising oil and gold prices and a slightly stronger Aussie dollar, all eyes are on the earnings reports from Elders and Xero, set to steer the tech sector's course. 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.
09:58
19 May 24
Market Close 17 May 24: Aussie shares ease as investors pause to reflect on recent gains
The market has ended the week with a pause. Craig joins us solo to look at the international data that likely drove this stall, and to reflect on a week which saw impressive highs yesterday. Craig looks at the big movers from today, the company reports which influenced these moves, and what could be on the horizon before 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.
Market Close 17 May 24: Aussie shares ease as investors pause to reflect on recent gains
The market has ended the week with a pause. Craig joins us solo to look at the international data that likely drove this stall, and to reflect on a week which saw impressive highs yesterday. Craig looks at the big movers from today, the company reports which influenced these moves, and what could be on the horizon before 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.
09:02
17 May 24
Morning Report 17 May 24: Aussie shares to slip as Dow hits milestone 40,000 mark
Despite starting strong, markets wilted towards the session's end, with the Dow Jones, the S&P 500, and the NASDAQ down. The ASX 200 is expected to follow suit with a 0.5% decline. Notable market movements include Walmart's historic day, Chubb's stock rise after Berkshire Hathaway's stake revelation, and John Deere's profit forecast trim affecting machinery sector stocks. Looking ahead, attention shifts to Chinese economic data, with indicators suggesting a pullout from a lull as the economy heads into the second quarter. 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 17 May 24: Aussie shares to slip as Dow hits milestone 40,000 mark
Despite starting strong, markets wilted towards the session's end, with the Dow Jones, the S&P 500, and the NASDAQ down. The ASX 200 is expected to follow suit with a 0.5% decline. Notable market movements include Walmart's historic day, Chubb's stock rise after Berkshire Hathaway's stake revelation, and John Deere's profit forecast trim affecting machinery sector stocks. Looking ahead, attention shifts to Chinese economic data, with indicators suggesting a pullout from a lull as the economy heads into the second quarter. 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.
09:21
16 May 24
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