Geopolitical tensions between the US and Iran reignited overnight, sending oil prices sharply higher while stocks and bonds came under pressure. Despite the uncertain backdrop, the Australian share market is set for a steady open. Plus, a closer look at what South Korea's export figures are saying about the health of global trade.

James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers.

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The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.