CommSec Market Update

CommSec
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CommSec Market Update

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen. 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.

  1. 8 HR. AGO

    Morning Report 19 Dec 24: Stocks and bonds drop after Fed’s hawkish cut

    The US Federal Reserve has cut interest rates by 25 basis points but surprised investors by signaling a reduced forecast for future cuts. Meanwhile, the Dow Jones is on track for a 10-day losing streak, potentially marking its worst performance since 1974. In corporate news, Birkenstock shares are climbing amid a surge in demand for sandals, while speculation of a Honda-Nissan merger has sent ripples through the European car market. On the currency front, the US dollar has hit its highest level since November 2022, putting additional pressure on the Australian dollar, which continues to slump. Looking ahead, Aussie shares are expected to open lower on Thursday, weighed down by declining iron ore 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.

    10 min

  2. 22 HR. AGO

    Market Close 18 Dec 24: Market treads water ahead of U.S. rate cut

    The Aussie market closed flat today despite an optimistic start, as lunchtime weakness erased earlier gains. Investors are now eyeing the U.S. Federal Reserve's final interest rate decision for the year, expected to deliver a 25 basis point cut, marking three consecutive cuts since September. Market attention will shift to the Fed’s economic outlook and potential rate movements in 2024. Locally, sectors showed mixed performance, with healthcare and industrials faring best, while financials and materials slipped. Meanwhile, company news included NAB’s AGM and updates from Xero and ANZ, while dividend payouts from Westpac and others are on the horizon. 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.

    9 min

  3. 1 DAY AGO

    Morning Report 18 Dec 24: Dow Jones heads for first 9-day slide since 1978

    Wall Street has extended its losses as investors remain cautious ahead of the upcoming Federal Reserve decision, following strong retail sales data. The Dow Jones Index is on a nine-day losing streak, its longest since 1978. Energy shares weighed on the S&P 500 as oil prices declined, with Amentum emerging as the index's worst performer after forecasting a hit to its FY25 growth. Oil-related stocks dragged markets to two-week lows in Europe as banking shares struggled. Commodities were also under pressure, with copper prices falling to a two-week low amid surplus concerns, while oil prices slid further on weak economic data from China and Germany. Looking ahead, Aussie markets are expected to open flat as investors await the Federal mid-year economic and fiscal 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 acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.

    10 min

  4. 1 DAY AGO

    Market Close 17 Dec 24: ASX ends nasty losing streak

    Bitcoin soared to another record, while the Aussie stock market rebounded, snapping a tough five-day losing streak with the ASX rising 0.8%. Financial stocks led the gains, rising 1.1%, while energy underperformed as the sector remains the year’s weakest. Notably, tech platform PEXA surged following the appointment of a new CEO, while Data#3 plunged 10% due to changes in Microsoft incentives. Bitcoin’s sharp rise—up 55% since November—has also caught attention. Looking ahead, retail spending data out of the U.S. is expected to drive global market discussions, while NAB’s AGM and dividend payouts will headline the local agenda tomorrow   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.

    9 min

  5. 2 DAYS AGO

    Morning Report 17 Dec 24: US tech stocks climb on Fed cut optimism

    Wall Street has posted mixed results, yet chipmakers continued to surge. The NASDAQ reached a record high, driven by gains in Broadcom and Alphabet, while Nvidia entered correction territory after a significant rally. Meanwhile, Bitcoin has hit a record high, partly attributed to former President Trump's strategic reserve initiative. Bond yields remained flat ahead of the US Federal Reserve's interest rate decision. In Europe, German shares declined following Chancellor Scholz's loss in a confidence vote. Looking ahead, Australia is poised for a flat start to trading, as the ASX extended its losing streak to five consecutive days. 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.

    10 min

  6. 2 DAYS AGO

    Market Close 16 Dec 24: Mining stocks tumble as China struggles

    The Australian market continued its downward streak, with the ASX hitting a four-week low amidst weak Chinese retail data and falling commodity prices. China's slower-than-expected retail growth raised concerns over consumption and the country's ability to meet its 5% annual growth target, which impacted resource stocks like BHP and Rio Tinto. Mining and energy sectors remain some of the year's worst performers, down 15% and 20%, respectively. Meanwhile, corporate news saw mixed reactions, with HMC Capital suffering steep losses after backing DigiCo’s underwhelming ASX debut, while Star Entertainment rose following a management shake-up. Looking ahead, key events include global manufacturing data, U.S. retail sales, and the Federal Reserve's inflation update, alongside local updates on consumer confidence and AGMs from major banks like NAB and ANZ.     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.

    10 min

  7. 3 DAYS AGO

    Morning Report 16 Dec 24: Wall Street consolidates ahead of Fed decision

    Wall Street consolidates as investors await the Federal Reserve's upcoming decision. On Friday, the Dow Jones marked its seventh consecutive day of losses, its longest losing streak since 2020. Meanwhile, AI-related stocks surged on optimistic forecasts, with Broadcom reaching a historic milestone by hitting a $1 trillion market cap for the first time. Tesla shares also gained momentum as the regulatory outlook for automated driving systems improved. Looking ahead, Aussie shares are poised to decline for a fifth straight 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.

    10 min

  8. 5 DAYS AGO

    Market Close 13 Dec 24: Aussie market hits one-month low

    The Aussie market faced a downturn this week, dropping for four consecutive sessions and reaching a one-month low, despite hitting record highs just last week. The Reserve Bank of Australia’s dovish tone signalled potential rate cuts in early 2025, while unexpected jobs data added complexity to rate predictions. Chinese stimulus hopes buoyed materials stocks early in the week, but declines in most sectors, led by tech and gold miners, overshadowed gains. Key market movers included Insignia Financial, buoyed by a Bain Capital buyout offer, and Ventia Services, which faced sharp losses. Looking ahead, investors will focus on AGMs, economic data from China, and the U.S. Federal Reserve’s pivotal interest rate decision   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.

    10 min
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About

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen. 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.

Information

  • Creator
    CommSec
  • Years Active
    2015 - 2024
  • Episodes
    844
  • Rating
    Clean
  • Copyright
    © 2024 LiSTNR - Text, image, music and sound comprising this podcast are owned by or licensed to SCA. By accessing, communicating or using this podcast, you agree to be bound by the terms available at https://podcastoneaustralia.com.au/terms
  • Show Website
    CommSec Market Update

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