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.

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.

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.

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.

Insights, interviews and the latest news and information on investment markets from CommSec, Australia's leading online broker.

CommSec Market Update

Morning Report 03 July 24: Aussie stocks to open higher and Wall street encouraged by Powell comments

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.

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

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.

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

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.

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.

Morning Report 03 July 24: Aussie stocks to open higher and Wall street encouraged by Powell comments

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