CommSec Market Update

A lack on conviction on the part of investors saw mixed fortunes for Wall Street on Friday.  Join Tom and Ryan as they discuss the week ahead in Aussie and Global markets.  The ASX expected to fall as the Reserve Bank's inflation problem rattles nerves.  Nvidia shares appear to be cooling off the back of their record peaks.

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.

See omnystudio.com/listener for privacy information.

Laura and Stevie reflect on a week that has remained largely flat as they await a fresh catalyst to move them in either direction.  Inflation data may be the next thing to move the needle, and they look at the upcoming economic factors which could also impact the market in the week ahead.  Each of the sectors is looked at in detail with most in the green, Guzman y Gomez is back in focus, and they look at the other big movers.

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.

See omnystudio.com/listener for privacy information.

Wall Street treads water as investors return from a holiday.  We saw record levels but retreated by the end of the day.  While Aussie shares are poised to open higher.  The S&P 500 briefly topped 5,500 points before losing some traction.  European markets had a better tone, with central banks making interest rate decisions.

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.

See omnystudio.com/listener for privacy information.

The market has remained relatively flat today following a day of closed US markets.  Laura and Stevie unpack this performance which saw mixed results across the sectors and discuss why a lack of international economic data likely had a part to play.  The biggest listing on the share market in three years also went public today in the form of Guzman y Gomez, they discuss this launch and also look at the top performing stocks in this session.

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.

See omnystudio.com/listener for privacy information.

US markets were closed for the Juneteenth public holiday, while European markets showed mixed performance. The UK's inflation rate fell to the Bank of England's 2% target for the first time in nearly three years, but core inflation remains high at 3.5%, with services inflation near 6%. Political uncertainty weighed on European markets, with the French market particularly affected by fiscal concerns. In commodities, oil prices dipped slightly, while metals like copper and aluminium saw gains. The Aussie dollar rose slightly, influenced by the Reserve Bank of Australia's cautious stance. Today, Australian shares are expected to open lower ahead of Guzman and Gomez's highly anticipated IPO.

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.

See omnystudio.com/listener for privacy information.

Following a day of significant improvements yesterday the market has today paused for breath.  Laura and Stevie discuss the part that yesterday’s RBA meeting could be playing in the stall of today, and discuss the company that is now 23 times larger than Australia’s biggest company.  The best and worst performing sectors are looked at as well as the standout stocks, and they look to the days ahead.

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.

See omnystudio.com/listener for privacy information.

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.

See omnystudio.com/listener for privacy information.

The market has bounced back today reversing the losses of the past two sessions.  Laura and Stevie unpack this performance and deep dive into the outcomes of the latest RBA meeting where a neutral stance was taken.  Consumer confidence is considered, they discuss the one stock that weighed on the sectors, and look at the standout stocks for the day.

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.

See omnystudio.com/listener for privacy information.

US stocks rallied as the S&P 500 hit its 30th record high this year, with the Dow Jones rising by 0.5% and the tech-heavy Nasdaq up by 1%. Meanwhile, European markets saw modest gains amid political uncertainty in France, where fiscal concerns are impacting bond yields. Australian shares are set to rise, awaiting the Reserve Bank's policy decision amid fluctuating commodity prices and a stable Aussie dollar.

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.

See omnystudio.com/listener for privacy information.

Another down day for the Aussie share market, join Stevie and Laura as they give an overview.  We saw a quiet day of trade ahead of the RBA handing down it's decision tomorrow.  The expectation being that there will be no change in the cash rate.  Paladin Energy stocks continue to see losses, while Tabcorp's stocks rose.

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.

See omnystudio.com/listener for privacy information.