The Australian share market rallied strongly on Thursday, gaining around one and a half percent, as weaker employment data shifted expectations away from further interest rate hikes. Materials and property trusts led gains across most sectors. NVIDIA's earnings underwhelmed despite beating forecasts, while Webjet rebounded on renewed takeover interest. Next week's inflation report looms as the next key catalyst.

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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