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CommSec Market Update

Business & Economics Podcasts

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes. Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

Location:

United States

Description:

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes. Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

Language:

English


Episodes
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Market Close 23 July 24: Aussie stocks snap loosing streak

7/23/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:49

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Morning Report 23 July 24: S&P 500 rebounds for best day since early June

7/22/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:59

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Market Close 22 July 24: Markets slide for a third day

7/22/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:57

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Morning Report 22 July 24: Aussie investors on edge as US President Joe Biden withdraws

7/21/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:42

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Market Close 19 July 24: A rough end to a mostly impressive week for the market

7/19/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:59

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Morning Report 19 July 24: Dow Jones slides more than 500 points as sell off broadens

7/18/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:44

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Market Close 18 July 24: Surprise jump in Aussie jobs spikes rate hike concern

7/18/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:10:00

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Morning Report 18 July 24: Wall Street retreats as chip stocks slump

7/17/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:58

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Market Close 17 July 24: Aussie market hits yet another record high

7/17/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:41

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Morning Report 17 July 24: Dow Jones rallies 700 points for best day in a year

7/16/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:10:00

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Market Close 16 July 24: The market pulls back following record highs

7/16/2024
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 See omnystudio.com/listener for privacy information.

Duration:00:09:51

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Morning Report 16 July 24: Wall Street closes at record highs on Trump trade

7/15/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:41

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Market Close 15 Jul 24: ASX200 cracks 8000 points for the first time

7/15/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:58

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Morning Report 15 July 24: Historic milestone looms for the ASX200 today

7/14/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:10:00

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Market Close 12 July 24: Fresh record highs broken for Aussie stocks

7/12/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:59

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Morning Report 12 July 24: Wall Street falls despite better inflation figures

7/11/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:41

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Market Close 11 July 24: Aussie market almost touches record

7/11/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:02

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Morning Report 11 July 24: Wall Street surges to new record highs

7/10/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:54

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Market Close 10 Jul 24: Markets cautious ahead of US inflation data

7/10/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:58

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Morning Report 10 July 24: Wall Street reflects on Powell and looks ahead to CPI

7/9/2024
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. See omnystudio.com/listener for privacy information.

Duration:00:09:59