CommSec Market Update

The wins are over, with the market closing down by almost 1%. Unsurprisingly almost all of the sectors declined, with consumer staples and consumer discretionary the only two finishing higher. Wesfarmers were amongst the top performers thanks to their profit results with sales at Bunnings, Kmart and Officeworks all up. Pilbara, one of our largest lithium miners was down despite positive results. Coming up, more focus on the Jackson Hole symposium in the U.S.

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.

To Wall Street first this morning which ended down sharply as focus shifts to Jerome Powell speech. Ryan and Tom look ahead to Jackson Hole. Ryan previews today’s Wesfarmers results. Plus this mornings commodities and the AUD.

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.

It was another day of wins with the market closing up by close to half a percent. 8 of the 11 sectors finished up with tech finishing up the highest after a some consecutive losses. Profit results continued to impact the market with Ramsay Health down despite positive results and WiseTech back up after yesterday's losses. Coming up, all eyes are on Jerome Powell's speech in the U.S.

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.

Tom and Ryan look at U.S share markets which have advanced ahead of chipmaker Nvidia’s results. Meanwhile weaker economic data pushes bond yields lower. And the team look ahead to assess the days earnings results. Plus the commodities and AUD.

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 finished higher today, regaining some of the losses from earlier in the week. 5 of the 11 sectors finished higher, consumer staples came out on top after being on the bottom just yesterday and tech had the biggest losses, declining by more than 5%. Domino's was on top today after releasing their profit results and Wisetech was down almost 20%, causing the tech sector to have its worst day of the year so far. Coming up, the big Jackson Hole event in the U.S. may move markets 

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.

Tom and Ryan start with U.S share markets which ended mostly lower on interest rate worries. Meanwhile U.S bank shares slip after credit ratings cut. Ryan previews Woolworths earning results today. Plus the team have commodities and the AUD. 

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 finished almost flat day today, gaining only 6 points. The sectors were quite mixed today, with tech being a clear winner and consumer staples having the worst declines. Coles was down despite an increased profit, which dragged down the sector and tech company Megaport was up despite a drop in profits. Looking ahead, we have some flash PMI’s ⚡️

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.

Tom and Ryan start with tech this morning which rallied on the back of a jump in Nvidia shares. Tom looks into European share market performance after China cuts interest rates. Ryan looks ahead to a big day in company results including BHP. Plus the team has commodities and the AUD. 

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.

After a choppy day the ASX has finished once again near the 5-week low.  Stevie and Laura look into the factors that influenced this and unpack the 2 sectors that saw lifts.  As earnings results continue to influence the market, they discuss the brands that have seen their share prices move significantly as a result and look at the important events that will impact markets in the coming week.

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.

Craig joins Tom this morning as they look to U.S and European stocks which ended the week lower as investors keep a weary eye on China developments. Meanwhile local investors anticipate a weaker start to the Australian share market with the SPI futures kicking off with a loss of 0.3%. Plus the team have this mornings commodities and the AUD.

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.