CommSec Market Update

Tom and Ryan look at how continued instability of the US banking system overnight weighs on the markets. Apple follows strong tech trends with its second quarter results. NAB shares plummet despite strong half-year results. Also looking ahead today to ANZs half-year results as well as the Reserve Banks semi-annual Statement of Monetary Policy, which is expected to signal future inflation challenges. 

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.

Steve and Laura are back with today's closing updates. The Aussie market managed to recoup its earlier losses today following a tough night on Wall Street. Financials were under pressure today after NAB posted weaker-than-expected profit results. Super retail group fell most on the ASX 200. 

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.

May the 4th be with you! This morning Tom and Ryan look how the US Federal Reserve rate hike has affected the markets. Back in Australia NAB is set to release its 1H23 trading update today with positive expectations. Ryan looks at the latest commodity prices and they look at this mornings 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.

Laura and Steve are back to give us today's closing market update. The Aussie market declined to have its worst day in 6 weeks. Energy stocks were hit hard after oil declined 5% overnight. Gold stocks stood out as 8 of 10 best performers, as investors retreated to the safe haven asset. Tonight the US Federal Reserve is due to make a decision on interest rates. Consumers are still spending on hospitality but remaining cautious with retail. 

 

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.

Ryan and Tom look into Australian shares which are expected to extend losses after the reserve banks latest rate hike. Shares on Wall Street dive as well as concerns about bank stability re-emerge. They crack into a rollercoaster of developments in the share market overnight and give you the latest commodity prices as well as this mornings 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.

Join Laura and Steve for today's closing market update. They discuss today's big announcement from the RBA, another rise to interest rates and a volatile close to the market. Lake Resources remains in the top 3 stocks for the 2nd day in a row and a big day expected tomorrow with the European and UK markets reopening after holidays. 

 

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 is joined by Ryan this morning as they look ahead to important interest rate decisions coming down the pipeline both in Australia and overseas. They explore consumer concerns over slow growth and high inflation, and what this means for you. They look at the JP Morgan acquisition of First Republic Bank in the US, and check in with the AUD and this mornings commodity prices. 

 

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.

Steven Daghlian is joined by Laura Besarati for a market close report, a recap of the market in April and a look towards the month ahead. Best + Less have received a takeover offer and Lithium remaining cautiously optimistic. It's a big week for interest rates, with an announcement coming from the Reserve Bank tomorrow afternoon

 

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 Piotrowski is joined this morning by Ryan Felsman, CommSec Senior Economist, as tech once again bolsters the US markets. Home prices have risen across Australia with Sydney leading the way from the latest CoreLogic figures. And Tom looks at the AUD and other key commodity prices. 

 

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.

In this final day of a month that has proven to be a ‘mixed bag’ across markets, join Steven for this episode of the CommSec Market Update.  While the last couple of weeks have seen some challenges with commodity prices falling, this has proven overall to be the second-best month of the year for the ASX.  Steven reveals the standouts for today including Megaport who saw shares skyrocket almost 40%, and Pilbara Minerals who also saw gains.  Steven looks to the week ahead where interest rates will be front and centre and reveals how the earnings of the major banks may impact the market.

 

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.