CommSec Market Update

The Aussie sharemarket extended losses to a third straight day, weighed down by fading hopes of another RBA rate cut this year after yesterday’s hotter-than-expected inflation data. The ASX200 slipped about half a percent, trimming October’s monthly gain to just 0.5%. Overnight, the US Fed delivered another 25-basis-point rate cut but signalled caution about further easing, while Nvidia hit a record US$5 trillion valuation. Locally, healthcare and energy stocks led modest gains, but sharp falls in consumer discretionary shares — dragged by Wesfarmers — kept the broader market under pressure. Investors also watched a high-stakes meeting between US and Chinese leaders...

US stocks gave up early gains after Jerome Powell signalled the central bank may not cut rates again this year. U.S. Treasuries slumped after Powell clarified that a December cut isn’t guaranteed. Nvidia became the first company to reach a $5 trillion market value, while Caterpillar hit a record high as strength in its energy business lifted shares. In commodities, copper reached a record high due to supply shortages, and oil prices rose following a sharp decline in US stockpiles. Elsewhere, the Bank of Canada cut interest rates, and back home, Aussie shares are set to open lower on...

The ASX200 slipped almost 1% to its worst daily drop since 3 Sept, spurred by September CPI showing headline 3.2% and core at 3%, topping the RBA’s target. Markets now see only a 5% chance of a rate cut at the Melbourne Cup meeting. Energy and gold miners led modest gains, while financials and CSL fell sharply.

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 prof...

Wall Street hit fresh record highs, with the S&P 500 rising above 6,900 points on AI optimism. Apple reached a $4 trillion market value, while Microsoft gained from its OpenAI partnership. US bond yields edged lower ahead of the Fed’s rate decision, while in Europe, the FTSE 100 touched a new peak, lifted by HSBC. In commodities, oil fell 2% as traders weighed Russian sanctions, gold slipped to a three-week low amid signs of progress in US–China trade talks, and aluminium rose on concerns over Australian smelter output. Back home, Aussie shares are set to open higher ahead of key inflation data...

The ASX200 fell about 0.5% today, erasing Monday’s gains, but stays up 2% for October and just 1% below a record high. Financials rallied, with the big four banks hitting record levels, while CSL and WiseTech drove the decline, dropping 16% and 15% respectively. Look ahead to tomorrow’s CPI release and the RBA’s likely rate cut on Melbourne Cup 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...

Wall Street climbed to record highs on renewed US-China trade optimism, with the S&P 500 on track for its first-ever close above 6,800 points. European markets also extended their winning streak, marking a third straight session of record finishes, while Argentine assets rallied following Javier Milei’s election victory. Elsewhere, Qualcomm shares surged after the company unveiled new AI chips aimed at competing with Nvidia. In commodities, copper reached a 17-month high on hopes of a trade deal, while gold slipped below $4,000 per ounce. Back home, Aussie shares are set to fall amid renewed interest rate jitters, after RBA Governor Mi...

The ASX200 nudged up 0.4 % on Monday, keeping the market within striking distance of last week’s record. Financials powered the rise, with three of the big four banks near all‑time highs and energy and tech also in the green. Gold fell 1.3 % after a sharp profit‑taking rally, dragging miners down. Looking ahead, US‑China trade talks, the “Magnificent Seven” earnings and a key CPI release will drive sentiment, while markets price a 60 % chance of an RBA cut before the Melbourne Cup.

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067...

Wall Street notched record highs after cooler-than-expected US inflation data, with the Dow closing above 47,000 points for the first time. European markets followed suit, also finishing at record levels. Bonds, however, erased their post-CPI gains. Looking ahead, a busy week awaits with a Federal Reserve meeting and mega-cap earnings in focus. In commodities, oil steadied as traders weighed sanctions, while gold ended its nine-week winning streak. Back home, Aussie shares are expected to rise on rate-cut bets in what’s shaping up to be a pivotal week for markets, while the Aussie dollar lifted following the softer US inflation pr...

The Aussie market lost a little ground on Friday, slipping 0.1% after Donald Trump ended trade talks with Canada. Still, the ASX200 managed a small weekly gain and remains firmly higher for October and the year so far. Tech stocks led the way, while healthcare and financials dragged. Pilbara Minerals and Liontown jumped on upbeat quarterly results, Dusk rose on stronger sales, and Mount Gibson tumbled after shutting an ageing WA mine. Energy stocks kept their five-day winning streak going, and all eyes now turn to next week’s major US tech earnings and Australia’s quarterly CPI figures.

Th...

Wall Street is attempting to rebound from Wednesday’s sell-off as the US confirms a meeting between Donald Trump and Xi Jinping aimed at easing trade tensions. US bond yields rose ahead of consumer price index data, while in commodities, oil surged 5% after Washington sanctioned Russian firms and gold gained on renewed geopolitical risk. In company earnings news, Tesla shares reversed earlier losses after results, Honeywell lifted its outlook on aerospace strength, and Las Vegas Sands led the S&P 500 on gains in Singapore. Back home, the ASX is set to edge higher to close out the week, with th...

A mixed day for the Aussie market, with the ASX200 finishing mostly flat, up just 3 points. Energy names were the stars, jumping more than 3% as oil prices surged following new US sanctions on Russian oil giants. Woodside climbed over 4% after announcing a strategic partnership, and Karoon Energy soared almost 10% on its quarterly update. Gold miners found some relief after yesterday’s heavy losses, with Regis Resources up 5%, while Fortescue gained 2.4% after posting record iron ore shipments. Super Retail Group slipped despite higher sales, and ASX shares eased after its AGM. Tonight, investors will be watching US jobs data and co...

Wall Street fell overnight, led by a sharp drop in Netflix shares after disappointing earnings and a tax hit, marking its biggest fall since 2022. After hitting record highs yesterday, the Dow Jones slipped around 300 points amid renewed trade fears, while Texas Instruments declined on signs of a slowing chip recovery. Meanwhile, tariff concerns resurfaced, with the US reportedly considering broad software curbs on China and new duties looming over Barbie this Christmas. In Europe, L’Oréal and Hermès slipped, weighing on regional markets. In commodities, aluminium climbed to its highest level since June 2022, while gold extended its rout...

The ASX200 fell about 0.8% (≈ 67 points), ending its run with a weekly decline. A 6.3% drop in gold prices drove the materials sector down over 3%, with gold miners shedding 8.5%. Energy rose 1.3% after Woodside's update, while Adairs gained 7% and Weebit Nano surged 19%. Looking ahead, US earnings, data and a slate of AGMs keep markets on edge.

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 prof...

Wall Street took a breather overnight as investors paused following two strong sessions, despite a string of upbeat quarterly results from major US companies. General Motors surged 16% after lifting its full-year outlook and easing tariff concerns, while 3M, Coca-Cola and Ford also impressed with strong earnings. The Dow hit a record high, though tech stocks like Nvidia and Alphabet pulled back on renewed US-China trade uncertainty. Meanwhile, gold slumped more than 5% and silver nearly 9% in their steepest falls in over a decade, pressuring mining stocks. ASX futures point to a weaker open, down 0.5%, with updates ahead from Woodside, Iluka...

The ASX200 closed 0.7 % higher at 9,115, a fresh all‑time high and an 11.5 % YTD gain, best since 2021. Materials led the rally, with BHP and gold miners soaring as gold topped $4,359/oz. Hub24 jumped 10.5 % on record inflows, while Cleanaway fell after a failed AGM vote. Look ahead to US earnings, Canadian inflation and an RBA governor speech.

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 app...

Wall Street kicked off the week with strong gains as optimism spread across markets. Apple shares surged more than 4% to a record high on stronger iPhone 17 sales and a broker upgrade, helping lift the Nasdaq by 1.5% and the S&P 500 by 1.1%. Bank and semiconductor stocks also rallied, with the PHLX Semiconductor Index hitting an all-time high. Closer to home, Aussie shares are tipped to open higher after Prime Minister Anthony Albanese and US President Donald Trump signed an $8.5 billion Rare Earths and Critical Minerals Agreement, while gold prices jumped more than 3%.

The content in this podcast is...

The Aussie sharemarket kicked off the week on a positive note, supported by strong gains in the big banks which offset weakness across the miners. The ASX200 rose 0.4%, climbing back above 9,000 points and sitting just shy of last week’s record high. CBA led the banks, while gold and iron ore declines weighed on BHP and the miners. Linus Rare Earths jumped 6.5% on talk of US supply deals, while Deep Yellow slumped 19% after a sudden CEO exit. Bapcor fell sharply on weak guidance, while Neuren Pharmaceuticals rose on fast-track approval for one of its drugs. Locally, results from BHP an...

US markets turned things around on Friday, shrugging off the banking jitters that rattled investors a day earlier. Solid results from a few regional lenders helped restore confidence, and all three major indices closed higher. Today, Aussie shares look set to open slightly weaker, with Chinese GDP data and a dip in commodities weighing on sentiment. Meanwhile, Prime Minister Anthony Albanese heads to the US to meet President Trump, with rare earths and critical minerals expected high on the agenda.

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399...

ASX200 fell 0.81% on Friday, erasing a 0.86% gain from the record high day. Energy led losses, down 2.8%, with tech and financials also slipping. Gold surged to a fresh over $4300 record, up 6% on the week, while silver rose 3.5%. Ahead, US earnings, a pending RBA speaker and US inflation data dominate, plus busy local AGM and corporate updates.

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...

Wall Street lost ground as a wave of bad loan fears hit US banks, knocking confidence in the financial sector and pulling markets lower. Regional lenders Zions Bancorp and Western Alliance were at the centre of the sell-off, each tumbling by more than 10% after revealing losses tied to fraudulent commercial loans. In Europe, markets were steadier after France’s prime minister survived two confidence votes, and closer to home, Aussie shares are tipped to pull back from record highs after yesterday’s strong run. Iron ore has dropped to six-week lows, gold has hit new all-time highs, and the Auss...

It was a record-breaking day for the Aussie market, with the ASX200 smashing through 9,100 points for the first time ever as investors cheered fresh signs of an upcoming rate cut. Thursday’s jobs report showed unemployment unexpectedly jumped to 4.5%, pushing the odds of a November cut to more than 70%. Real estate stocks soared, the big banks were mostly higher, and Macquarie was a standout – up more than 5%. Gold miners stayed hot as prices hit new highs, but rare earth producers struggled as US-China trade tensions escalated again.

The content in this podcast is prepared, approved and distributed in A...

Wall Street was boosted overnight by upbeat bank earnings, with Morgan Stanley and Bank of America both smashing expectations, but gains faded as investors remained cautious amid US-China trade tensions. Tech stocks also added some spark, helping the Nasdaq close around 0.8% higher. European markets found their footing too, with France’s CAC up 2% after signs of political stability returned. Here at home, futures are pointing to a softer start after the ASX200’s strongest session in two weeks. Jobs data out later today is expected to show steady unemployment at 4.2%, and we’ll also hear from a number of big na...

The ASX200 was up about 0.9 % in afternoon trade, close to the 9 000‑point psychological barrier, driven chiefly by a 1.2 % rise in the financials sector as major banks posted stronger earnings and dividend upgrades. Materials also added strength after softer Chinese inflation data, while energy fell on lower oil prices. Looking ahead, market focus will shift to US bank results, the US Fed’s upcoming rate decision, and Australia’s jobs report due tomorrow, which could steer the RBA’s policy path.

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. T...

US stocks recovered from early losses as investors were reassured by Jerome Powell’s comments, keeping alive hopes for future rate cuts. Treasury yields hovered near recent lows, while the Dow Jones lifted 400 points in a remarkable turnaround as traders shrugged off renewed US-China trade tensions. The Dow and S&P 500 also gained on the back of strong US bank results. In commodities, oil fell 1% on supply glut worries, while iron ore slipped on profit-taking. Back home, Aussie shares are expected to lift around 1% as gold hits a fresh record high, though the Aussie dollar remains below 65 US cents.

The ASX200 edged up about 0.2% today, ending a two‑day losing streak as miners, energy and materials rallied on higher commodity prices and fresh record highs for gold and silver. Health care and tech added modest gains, while banks slipped. RBA minutes reaffirmed steady rates, and investors await Thursday’s jobs data, November inflation figures and Powell’s Fed outlook.

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...

Wall Street staged a miraculous turnaround as Donald Trump reassured markets by talking down trade concerns with China. Broadcom soared, adding $150 billion in value on news of its OpenAI agreement, while quantum stocks rallied after JPMorgan’s latest tech investment push. Bank stocks also climbed ahead of an earnings bonanza, and Tesla gained on stronger China EV sales. In commodities, oil prices rose as the US and China moved to de-escalate trade tensions, while gold broke through $4,100 to a record high. Back home, the ASX is expected to rebound on Tuesday after recording its biggest single-day drop since September 2024.

Today the ASX200 fell about 0.8%, its biggest slide in weeks, as all 11 sectors traded red. Tech led the losses while gold miners rose two to three percent on a jump in metal price. ANZ outperformed with a 3.3% gain after its strategy update, whereas Treasury Wines plunged 15% after pulling guidance. Investors watch US inflation, Australian jobs data and the Qantas breach fallout.

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...

US stocks suffered their steepest drop in five months as tensions between Beijing and the White House escalated. The Trump administration’s threat of an additional 100% tariff on Chinese imports sent markets into a tailspin, with the Magnificent Seven slumping nearly 4% and tech heavyweights Nvidia, Tesla, and Amazon each falling about 2%. Elsewhere, safe-haven assets gained favour as bond yields fell and gold prices climbed, while energy producers were in focus after oil prices tumbled 4%. Back home, Aussie shares are set to open lower on Monday as tariff anxiety ripples through global markets.

The content in this podcast is...

Despite more green shoots than red across the market, the ASX 200 couldn’t keep its momentum, slipping for a fourth time in five sessions. A 2% fall in materials proved too heavy to shake off, wiping out Thursday’s gains as gold and iron ore prices cooled. Tech and retail names kept things interesting — JB Hi-Fi, Flight Centre and Temple & Webster all in the winner’s circle — while Lynas Rare Earths, Guzman y Gomez and the gold miners weighed on trade.

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 23881...

Wall Street pulled back from record highs with the S&P 500 facing another heat check as the rally faltered. Albemarle shares rose after a broker upgrade on cash flow prospects, while rare earth stocks surged after China tightened its grip on global supplies. Delta Airlines reported robust demand heading into 2026, and PepsiCo announced a portfolio overhaul under activist pressure. In Europe, Ferrari suffered its worst single-day drop on record, overshadowing the launch of its new EV technology. In commodities, oil eased 1.5% following a Gaza ceasefire, copper climbed to a 16-month high, and gold slipped below $4,000 an ounce. Back home...

The Aussie market managed its first lift of the week, though momentum was modest and buyer enthusiasm remained subdued. The ASX200 edged higher despite weakness across financials and tech stocks, with materials the clear standout, hitting a record high thanks to gains from gold and rare earth miners. Lynas Rare Earth surged to a 14-year peak while BHP, Rio Tinto and Fortescue also advanced. Meanwhile, Guzman y Gomez shares swung wildly after announcing a $100 million buyback, Liontown rose following changes to its Ford contract, and Netwealth delivered strong quarterly inflows. With few catalysts ahead of next week’s key ev...

Wall Street looked past government shutdown worries, with the S&P 500 and Nasdaq hitting fresh record highs. Technology led the charge, boosted by Nvidia on renewed demand hopes. Meanwhile, Fed minutes showed policymakers remain cautious on rate cuts amid ongoing inflation concerns. In Europe, French stocks bounced back after recent turmoil. In commodities, gold shattered the $4,000 mark, while energy names slipped despite lower oil inventories. Back home, Aussie shares are set to edge higher on Thursday after New Zealand cut interest rates.

The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities...

The ASX200 edged lower, down about 0.1 % and marking a third consecutive losing session. Weakness came from tech, retail and telco stocks, while energy fell and materials gave modest support. Gold broke the $4,000‑a‑ounce milestone, driving a surge in the precious‑metal sector. Looking ahead, markets will watch the US Federal Reserve minutes, upcoming US crude‑oil inventory data and tomorrow’s Australian consumer‑inflation expectations.

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 a...

US stocks paused their record-breaking run as Oracle shares slid on reports its cloud margins were weaker than expected. Trilogy Metals jumped after the US government took a 10% stake, while Ford slipped following a fire at an aluminium plant. Constellation Brands topped sales forecasts on strong beer demand, and a New York Fed survey showed growing concern about the job market. Gold futures hit the $4,000 mark for the first time, and in New Zealand, the RBA is expected to cut rates later today. Back home, Aussie shares are set to open lower on Wednesday.

The content in...

ASX200 down ~1.4% as markets stay cautious amid US government shutdown and mixed tech news. Gold miners lead gains, with Greatland Resources +10% and gold sector up 20‑24% month‑on‑month. DroneShield still up 700% YTD despite 3% dip. Financials, materials, utilities marginally positive; consumer discretionary and telecom fall over 1%. Upcoming Fed, ECB, RBNZ speeches and NZ rate‑cut expected.

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 app...

Wall Street shook off an unsteady start to close higher, led by a powerful rally in chipmakers after AMD announced a new chip deal with OpenAI. Financials were also in focus, with Fifth Third agreeing to buy Comerica in the year’s biggest U.S. bank deal, while Tesla shares climbed after teasing an upcoming product unveiling. Overseas, French political turmoil pushed bond yields higher. In commodities, oil prices rose as OPEC+ increased output less than expected, and gold prices touched a fresh record high. Back home, Aussie shares are set to open higher on Tuesday, inching closer to re...

The Aussie market started the holiday-shortened week quietly, trading with lighter volumes but briefly topping 9,000 points for the first time in six weeks before easing in the afternoon. Gold miners stood out as the precious metal hit fresh record highs, while Bitcoin also surged to a new all-time high above $125,000. Gains came through from energy stocks after OPEC raised output by less than expected, and rare earths and copper miners rose on strong demand and supply concerns. Lynas jumped 7% to its highest level since 2011, while the Brisbane Broncos surged 27% following their premiership win.

The content in this...

Wall Street ended the week on a mixed footing as the government shutdown entered its third day. Healthcare led the gains, with pharma stocks rising for a second day, while Palantir shares slumped amid renewed doubts over the company’s technology. Elsewhere, oil was in focus after OPEC announced a smaller-than-expected production increase. Back home, Aussie shares are set to open modestly higher on Monday ahead of a public holiday in some states.

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 ac...

The Aussie share market finished the week strongly, up 0.5% on Friday and 2.3% across the week, marking its best weekly performance since early May. Tech stocks led gains with Live360 and Block, Inc. among the top performers, while energy lagged as oil prices slipped to four-month lows. Eagers Automotive surged nearly 18% after announcing a major Canadian acquisition, while DroneShield climbed 50% for the week. Dividend payouts from CSL, A2 Milk, Origin, Domino’s and others also put extra cash in investors’ pockets, while attention now turns to US earnings season, a New Zealand rate decision and uncertainty from the US government shut...

Stocks closed at record highs as investors shrugged off concerns about the government shutdown. Technology remained in focus with OpenAI’s valuation climbing to 500 billion US dollars, Intel surging 50% over the past month, and Tesla reporting a 7% rise in deliveries ahead of expiring EV tax credits. In commodities, oil fell 2% to a four-month low while copper touched a 16-month high. Back home, Australian shares are expected to dip on Friday from recent four-week highs.

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 in...