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.

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 05 July 24: Flat start for local shares on Friday with Wall street on holidays for the 4th of July

It's been a rollercoaster week for the Aussie sharemarket, ending with a drop of around 55 points, breaking a recent winning streak. Despite early-week gains, the market finished down, with mining and banking sectors leading the losses. However, the energy sector was the standout, surging nearly 7% over the week, driven by rising oil prices amid geopolitical tensions in the Middle East. Dividends were also a highlight, with over $11 billion paid out, including major players like BHP and CSL. Looking ahead, key events include US job data, Australian RBA minutes, and more dividend payouts.

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.

It's been a rollercoaster week for the Aussie sharemarket, ending with a drop of around 55 points, breaking a recent winning streak. Despite early-week gains, the market finished down, with mining and banking sectors leading the losses. However, the energy sector was the standout, surging nearly 7% over the week, driven by rising oil prices amid geopolitical tensions in the Middle East. Dividends were also a highlight, with over $11 billion paid out, including major players like BHP and CSL. Looking ahead, key events include US job data, Australian RBA minutes, and more dividend payouts.
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 04 Oct 24: Markets slide ahead of key US data

October has had a rocky start, with Middle East conflicts raising concerns over oil supply. Strong U.S. services sector data has pushed the U.S. dollar to a six-week high. In company news, Levi Strauss shares fell after delivering a disappointing revenue outlook, though the company hopes its new campaign for Levi's Jeans featuring Beyoncé will boost sales. Meanwhile, Tesla's top data executive is departing ahead of their upcoming Robotaxi event. Locally, Australian shares are expected to slip as material stocks decline, with home lending data set to be released 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.

October has had a rocky start, with Middle East conflicts raising concerns over oil supply. Strong U.S. services sector data has pushed the U.S. dollar to a six-week high. In company news, Levi Strauss shares fell after delivering a disappointing revenue outlook, though the company hopes its new campaign for Levi's Jeans featuring Beyoncé will boost sales. Meanwhile, Tesla's top data executive is departing ahead of their upcoming Robotaxi event. Locally, Australian shares are expected to slip as material stocks decline, with home lending data set to be released 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.

Morning Report 04 Oct 24: Dow Jones closes nearly 200 points lower as oil spikes 5%

The Australian market remained flat today, with the ASX200 barely moving despite earlier declines. Investors were cautious due to escalating Middle East tensions, which drove mixed performances across sectors. Energy stocks, typically buoyed by rising oil prices, saw sluggish performance due to weak coal stocks like New Hope, which also traded ex-dividend. Real estate stocks outshone others, while financials and materials dipped. A major highlight was the $7.5 billion in dividend payouts from BHP and Woodside, contributing to one of the year’s biggest days for dividends. Despite market volatility, companies like Fletcher Building and Sigma Healthcare saw strong gains due to positive broker outlooks and merger news.



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 Australian market remained flat today, with the ASX200 barely moving despite earlier declines. Investors were cautious due to escalating Middle East tensions, which drove mixed performances across sectors. Energy stocks, typically buoyed by rising oil prices, saw sluggish performance due to weak coal stocks like New Hope, which also traded ex-dividend. Real estate stocks outshone others, while financials and materials dipped. A major highlight was the $7.5 billion in dividend payouts from BHP and Woodside, contributing to one of the year’s biggest days for dividends. Despite market volatility, companies like Fletcher Building and Sigma Healthcare saw strong gains due to positive broker outlooks and merger news.
 
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

In 1 playlist(s)

CommSec Market Update

Social links

Follow podcast

Recent clips