The Australian share market rallied on Wednesday, posting its strongest session in about a month. Banks and materials led the charge, together accounting for roughly 60% of the index. Easing Middle East tensions, falling oil prices, and strong US earnings results buoyed sentiment. However, outside the two dominant sectors, gains were modest. Key upcoming events include US employment data tonight and continued corporate earnings reports.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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