The Aussie market posted its best gain in three weeks, making it a third consecutive positive week, as global rate cut expectations and soaring commodity prices drove strong performance. Stevie and Laura review a volatile week that ended on a high note, with the benchmark index up 1.2% for the day. The Materials sector was the clear standout, lifting 2% to hit an all-time high, driven by gold and copper climbing to record prices following the US Federal Reserve's rate cut. The biggest individual gainers included several gold and uranium miners, while losers included Metcash, which traded ex-dividend, and shipbuilder Austal. Looking ahead, the final full week of trade brings important interest rate decisions from the European Central Bank, the Bank of England, and the Bank of Japan, alongside key US jobs and inflation data.
📺 Stay updated with the key factors that could influence the Australian and US share markets in 2026 with our 2026 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.