The ASX saw a slight recovery today, however, global markets remain nervous ahead of the key U.S. non-farm payrolls report tonight, which could influence interest rate decisions and recession fears. This week, energy and mining stocks in Australia had their worst week of the year, weighed down by lower commodity prices, ex-dividend trades, and concerns over slowing economies in the U.S. and China. While tech giant Nvidia's massive 10% drop this week underscored tech sector volatility, major banks like CBA performed strongly, reaching record highs. Looking ahead, next week will be quieter locally, but critical inflation data from the U.S. and a European Central Bank meeting will shape global 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 ASX saw a slight recovery today, however, global markets remain nervous ahead of the key U.S. non-farm payrolls report tonight, which could influence interest rate decisions and recession fears. This week, energy and mining stocks in Australia had their worst week of the year, weighed down by lower commodity prices, ex-dividend trades, and concerns over slowing economies in the U.S. and China. While tech giant Nvidia's massive 10% drop this week underscored tech sector volatility, major banks like CBA performed strongly, reaching record highs. Looking ahead, next week will be quieter locally, but critical inflation data from the U.S. and a European Central Bank meeting will shape global 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.

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.

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