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FEAR & GREED | Business NewsInterview: 30 years of CommSec, from 4 trades to 40,000On the day CommSec launched in July 1995, just four trades were lodged - all of them by phone or fax. Fast forward 30 years, and the platform now manages 40,000 trades every day.CommSec market analyst Tom Piotrowski talks to Sean Aylmer about three decades of CommSec, and how the market has changed across that time.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
2025-07-2912 min
CommSec Market UpdateMarket Close 05 Feb 25: The Aussie market’s first gain of the weekStevie is going solo today as he recalls a week which has had some challenges. Despite the recent months of strong performances, tariff conversations this week wiped out many of those gains, but today there was some positive moves with the local market clawing back some of those losses and only three sectors dropping. Internationally there were earnings results which could impact the US market overnight, and Steve also discusses the stocks that caught his attention today. 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 do...
2025-02-0509 minCommSec Market UpdateMorning Report 05 Feb 25: China hits back against Trump tariffsWall Street rebounded as stock buyers stepped in, driving gains in the S&P 500, particularly in the energy sector. Investors are closely monitoring talks between President Donald Trump and Chinese leader Xi Jinping. In corporate news, Palantir Technologies surged on strong AI-driven demand, marking its biggest jump in a year. Meanwhile, Merck halted vaccine shipments to China, which negatively impacted its shares, and Pepsi explored ways to boost sales without resorting to price cuts. Estee Lauder shares tumbled after issuing a disappointing outlook, while Ferrari helped lift European markets. In broader market trends, the U.S. dollar weakened as...
2025-02-0409 minCommSec Market UpdateMarket Close 04 Feb 25: Choppy stock performances as tariff updates dominateThe market has seen some recoveries today following the substantial tumbles of yesterday. Tariffs continue to be the topic of conversation as delays are now in discussion, and these mixed messages have resulted in erratic market performances internationally. Laura and Stevie look at the local market performance, with tech, banking, and mining recovering some losses, and overall around half of the sectors seeing gains. Pro Medicus attracted attention today, as did Woolworths, and Nufarm. 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 int...
2025-02-0409 minCommSec Market UpdateMorning Report 04 Feb 25: Trump delays Mexico tariffs by a monthUS share markets rebounded from recent lows on hopes of a resolution to tariff tensions, while US bond yields fell as investors sought safety. Manufacturing activity in the US expanded for the first time since 2022, offering a positive signal for the economy. However, European shares recorded their steepest daily drop of 2025, and the US dollar softened following a one-month pause on Mexico tariffs. In company news, Moderna led declines on the S&P 500, citing challenges from the latest tariff announcements. Meanwhile, gold surged to a record high, and oil rebounded from a four-week low. Looking ahead, Aussie shares are...
2025-02-0309 minCommSec Market UpdateMarket Close 03 Feb 25: Trump’s tariffs impact markets amid concerns of a trade warLaura and Stevie join us on a day where we erased almost half of last month’s gains in a single session. In this ‘worst day in five months’ Laura and Stevie unpack this sea of red, and the part that Trump’s tariff decisions have played in the losses. With all of the sectors in negative territory they unpack the performance across the board, and look at the Aussie dollar too which has seen huge drops alongside crypto. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The inform...
2025-02-0309 minCommSec Market UpdateMorning Report 03 Feb 25: Wall Street ends lower haunted by Trump tariffsUS stocks faced downward pressure as the deadline for Trump’s tariffs approached. Energy stocks led the declines, with Chevron’s earnings miss weighing heavily on the sector. Meanwhile, Apple shares also ended lower after the company reported disappointing iPhone sales. Technology stocks were among the hardest hit for the week, contributing to broader market losses. Commodity prices, on the other hand, are bracing for a potential resurgence in the US dollar. Looking ahead, the ASX is expected to slip more than 1%, as investors await Australian earnings reports and digest the latest data showing a 0.2% decline in Australian house pric...
2025-02-0209 minCommSec Market UpdateMarket Close 31 Jan 25: Best month in over a year for Aussie stocksThe Aussie share market is off to a roaring start in 2025, hitting fresh record highs. This week’s rally was fuelled by softer-than-expected inflation data, which increased the chances of an interest rate cut, as well as strong performances from the materials sector. Global markets had plenty of action too—Trump’s tariff threats shook investors, while the Fed held rates steady. Meanwhile, Apple’s earnings boosted tech stocks, despite a decline in iPhone sales in China. Locally, gold stocks shone bright as prices hit a record high, and companies like Origin and Magellan faced heavy losses. Looking ahead, investor...
2025-01-3109 minCommSec Market UpdateMorning Report 31 Jan 25: US stocks rise on signs that US economy is doing just fineWall Street advanced as strong earnings lifted sentiment, though tech stocks struggled. Meta surged on revenue beats, while Microsoft slipped on weak results. UPS plunged after announcing plans to cut business with Amazon, while Las Vegas Sands and IBM rallied on strong sales outlooks. Elon Musk remained upbeat about Tesla’s new EV models despite mixed earnings. Meanwhile, the European Central Bank has cut rates for the fifth time since June 2024. In commodities, US tariff threats capped oil prices, while gold hit a record high on safe-haven demand. Looking ahead, Aussie shares are poised to reach fresh record highs on...
2025-01-3009 minCommSec Market UpdateMarket Close 30 Jan 25: Aussie shares crack fresh recordAussie stocks hit a record high despite Wall Street’s decline, with the market up 0.7% and on track for its best month since late 2023. Trump took to Truth Social to criticise the Fed for keeping rates on hold, blaming inflation on green policies and vowing to fix it through energy and trade reforms. Locally, softer-than-expected inflation data fuelled speculation of a rate cut in February, with all major banks now eon the bandwagon. Energy stocks rebounded after a rough start to the year, while consumer discretionary stocks outperformed despite cost-of-living pressures. Zip shares tumbled after weak ANZ results, while Lo...
2025-01-3009 minCommSec Market UpdateMorning Report 30 Jan 25: US stocks fall as Fed on hold with Powell in focusWall Street’s recent recovery stumbled as technology stocks faced pressure, with the Magnificent 7 taking a hit on earnings day, led by Nvidia’s 6% decline. Starbucks showcased a turnaround with better-than-expected earnings, while ASML surged the most since 2020, buoyed by AI-driven demand. Meanwhile, the Bank of Canada cut interest rates, warning that tariffs could stoke inflation. Across the Atlantic, European markets soared to record highs, fueled by stronger-than-expected earnings. On the commodities front, oil prices dipped as rising US stockpiles weighed on sentiment. The US dollar strengthened as investors digested the Federal Reserve’s latest decision. Looking ahead, Aussie shares...
2025-01-2909 minCommSec Market UpdateMarket Close 29 Jan 25: Softer inflation boosts rate cut hopesThe Aussie stock market rebounded strongly today, with inflation data fueling expectations of an imminent interest rate cut by the Reserve Bank. Softer-than-expected inflation figures pushed the likelihood of a February rate cut from 80% to 90%, boosting investor confidence and driving the ASX closer to record highs. Locally, all 11 sectors ended higher, led by tech, utilities, and property. Company news saw Star Entertainment surge 15% after selling its Sydney event centre, while Pilbara Minerals gained on strong lithium results. Investors now turn their focus to major U.S. tech earnings and upcoming central bank decisions, which could set the tone for...
2025-01-2909 minCommSec Market UpdateMorning Report 29 Jan 25: US tech giants power stock rebound after AI reckoningWall Street staged a recovery, driven by a rebound in tech stocks, with NVIDIA surging 7% following Monday's AI-driven stock rout. Royal Caribbean also saw gains, buoyed by a positive profit outlook and its new river cruise launch. Meanwhile, President Trump's announcement of potential tariffs on computer chips, steel, and pharmaceuticals stirred market uncertainty, impacting oil prices as traders weighed the implications. Copper prices, however, rose in response to the tariff pledge. In Europe, shares closed at a record high as concerns over the tech sector eased. Looking ahead, Aussie shares are expected to rise, supported by NVIDIA's recovery from...
2025-01-2809 minCommSec Market UpdateMarket Close 28 Jan 25: Aussie market resilient despite US tech tumbleAussie stocks showed resilience today, despite a sharp sell-off in U.S. tech markets, where Nvidia's 17% plunge wiped $600 billion off its value. A Chinese startup, DeepSeek, disrupted the AI space with a cheaper, competitive chatbot, rattling global tech stocks and related sectors like energy. However, Australia’s smaller tech sector shielded local stocks from heavy losses. Energy and property sectors lagged, with Goodman Group sliding 8% due to concerns over its data centre investments. Winners included Sigma Healthcare, soaring 14%, and Telix Pharmaceuticals, climbing 3% on a U.S. expansion move. All eyes now turn to tomorrow’s quarterly inflation data, crucial for...
2025-01-2809 minCommSec Market UpdateMorning Report 28 Jan 25: NASDAQ and S&P 500 tumble as China’s DeepSeek AI model rattles big techWall Street faced a significant downturn as NVIDIA plunged 18%, leading the broader tech selloff sparked by China's cheaper AI model, DeepSeek. The disruption triggered a global revaluation of U.S. tech stocks, with NVIDIA losing more than $500 billion in market value—the largest single-company rout in market history. The tech-driven selloff pushed U.S. Treasury yields to multi-week lows as investors flocked to safe-haven assets. Meanwhile, China’s economic outlook dimmed further, with manufacturing activity hitting a five-month low. Amid the turbulence, Pepsi emerged as the most improved group in the consumer staples sector, climbing 4%. On the other hand, comm...
2025-01-2709 minCommSec Market UpdateMarket Close 24 Jan 25: The best week of the year for the Aussie market despite tariff concernsThe market has had its best week of the year so far and Laura is solo today to recap that performance. She discusses Trump’s potential Chinese tariffs and the impact that uncertainty around their implementation has had on markets, the performance of each of the sectors with consumer discretionary seeing the largest gains, and talks through the stocks that caught attention including Synlait Milk, 4DMedical, and Rio Tinto. 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 sit...
2025-01-2409 minCommSec Market UpdateMorning Report 24 Jan 25: US stocks hit all-time highs as Trump’s remarks spur a slide in oilWall Street consolidated as investors shifted their focus to earnings results. At Davos, Donald Trump called for lower crude prices and interest rate cuts, putting downward pressure on oil prices. Meanwhile, global chip stocks took a hit after SK Hynix failed to excite AI-focused investors. In corporate news, GE Aerospace projected 2025 profits above estimates, while Electronic Arts (EA) suffered its steepest slump since 2008. Commodities also reflected the shifting sentiment: gold eased as the US dollar strengthened, copper prices dipped on profit-taking, and iron ore traded within a narrow range, supported by China’s measures to bolster its stock markets. Lo...
2025-01-2309 minCommSec Market UpdateMarket Close 23 Jan 25: First loss of the weekThe Aussie market ended its three-day rally with a broad-based decline of 0.75%, driven primarily by weakness in the mining sector amid ongoing concerns over tariffs on China. Despite record highs on the U.S. market, bolstered by Netflix's strong earnings and Trump's $500 billion AI infrastructure plan, the positivity failed to translate locally. On a brighter note, retail giant Myer gained 5.5% after shareholder approval of a merger with Premier Investments, meanwhile takeover target Insignia Financial saw its highest share price in three years amidst ongoing acquisition battles. Looking ahead, the market awaits updates from the U.S. on jobless claims...
2025-01-2309 minCommSec Market UpdateMorning Report 23 Jan 25: S&P 500 hits record high as AI powers tech rallyUS stocks are surging to record highs, fuelled by strong performance in technology and AI-driven sectors. Netflix shares have also soared to new record highs following its largest quarterly subscriber gain in history, while Salesforce is gaining momentum on an encouraging outlook. Elsewhere, Johnson & Johnson has cautioned investors about the risks posed by a strong US dollar, and Procter & Gamble has paused price hikes on its goods. Meanwhile, oil prices have declined for a fifth consecutive day, and tariff uncertainties are weighing on metal markets. In contrast, safe-haven gold is nearing all-time highs as investors seek stability. Looking ahead...
2025-01-2209 minCommSec Market UpdateMarket Close 22 Jan 25: Miners slide on China tariff fearsThe Aussie market extended its gains for a third consecutive day, nearing record highs, but it wasn't all wins with mining stocks taking a hit on fresh fears that China could be facing tariffs. Energy stocks also struggled, with Woodside declining on falling oil prices and weaker production figures. Meanwhile, Qantas reached an all-time high, buoyed by strong US airline performance and lower fuel costs. Netflix also stunned markets with record-breaking subscriber growth, adding 19 million users in the last quarter. As global markets await updates from the ECB and major US companies’ earnings, Aussie stocks are cautiously optimistic heading in...
2025-01-2208 minCommSec Market UpdateMorning Report 22 Jan 25: Dow Jones rallies 400 points as Trump’s tone on tariffs softensWall Street traded higher on the first day following Donald Trump’s admission, while U.S. bond yields sank as markets remained cautious amid tariff uncertainty. The U.S. dollar showed signs of recovery after Trump proposed tariffs on Canada and Mexico, causing their currencies to weaken. In corporate news, Oracle shares surged 6% following an announcement regarding AI infrastructure. Meanwhile, oil prices declined due to oversupply concerns, and aluminium prices fell in response to the threat of U.S. import tariffs. Looking ahead, Aussie shares are expected to open higher on Wednesday, with key mining and energy production results on...
2025-01-2109 minCommSec Market UpdateMarket Close 21 Jan 25: Trump keeps investors guessingThe Aussie market had a choppy day with the ASX 200 rising by 0.6%, after starting strong but cooling off. Global market uncertainty continues with U.S. President Trump stepping into office, sparking both optimism and volatility. Key sectors were mixed, with financials and materials performing well, while utilities lagged. Netflix’s subscriber growth remains a key focus for the US tech sector, with their quarterly results set to be released soon. 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...
2025-01-2109 minCommSec Market UpdateMorning Report 21 Jan 25: US futures rise as Trump is sworn in as president; regular trading closedWall Street remains closed for the Martin Luther King Jr. holiday, but futures moved higher. The US dollar moderated following recent tariff developments, while the FTSE 100 hit another record high as investors monitored Trump's policies. In Europe, shares edged up, with Trump's inauguration taking center stage and resource stocks leading the gains. Oil prices dipped as the market awaits Trump's executive orders on energy. Quarterly updates are anticipated from BHP and Northern Star today. Looking ahead, Aussie shares are expected to open higher on reports of a delayed US tariff rollout, and the Australian dollar has strengthened against the...
2025-01-2008 minCommSec Market UpdateMarket Close 20 Jan 25: Market edges higher as Trump inauguration loomsThe Australian share market kicked off the week on a positive note, recovering from Friday's minor losses with a 0.5% gain, supported by strength across most sectors, excluding energy. Financials, tech stocks, and consumer discretionary led the charge, with banks and tech names like Life360 and Megaport performing well. Globally, markets are abuzz with Trump's impending inauguration and improved US economic data. Investors are eyeing quarterly updates from miners like BHP and Fortescue, along with global events such as the Bank of Japan’s interest rate decision and Netflix’s earnings later in the week. The conte...
2025-01-2009 minCommSec Market UpdateMorning Report 20 Jan 25: Wall Street posts its best gains since US electionWall Street advanced on Friday, marking its best weekly improvement since the last US election. Moderating interest rates and improving growth pushed the S&P 500 3% higher over the week, with all sectors ending in positive territory. The Dow Jones led the charge, posting a 3.7% weekly increase. As markets anticipate policy announcements ahead of Donald Trump’s inauguration, attention is also turning to local developments. Closer to home, futures indicate a solid gain for the AXS 200, driven by upcoming production updates from major miners. Meanwhile, the Aussie dollar is trading just above 62 US cents, signalling steady performance amidst global economic sh...
2025-01-1909 minCommSec Market UpdateMarket Close 17 Jan 25: Market jitters ahead of Trump inaugurationThe Aussie market experienced a rollercoaster week, with sharp swings and rebounds as investors digested key local and global developments. Chinese economic data surprised to the upside, with retail sales and production beating expectations. Insignia Financial surged 6.3% amid an ongoing bidding war, while Rio Tinto slipped on weaker production and reports of potential merger talks with Glencore. Globally, attention turns to Donald Trump’s upcoming inauguration, with market uncertainty around trade policies, and US reporting season kicks off with major updates from Netflix, Intel, and Johnson & Johnson. Locally, top miners like BHP and Fortescue are set to release updates ne...
2025-01-1709 minCommSec Market UpdateMorning Report 17 Jan 25: Stock rally stalls as Waller remarks boost bondsWall Street consolidated after yesterday's surge, as investors digested comments from Fed Governor Waller, who suggested that rate cuts might be possible in the first half of 2025. Meanwhile, U.S. retail sales advanced, capping off a solid holiday season, while the U.S. dollar slipped ahead of the Trump inauguration. In the commodities market, oil retreated from a five-month high amid expectations of a halt to Houthi shipping attacks. Copper climbed to a five-week peak on China stimulus hopes, and iron ore hit a four-week high due to lower shipments. Gold also surged to a one-month high, driven by...
2025-01-1609 minCommSec Market UpdateMarket Close 16 Jan 25: Best day of the yearUS inflation data fuelled optimism across markets, with softer-than-expected core inflation restoring hopes for rate cuts in the US this year. The ASX 200 surged 1.3%, marking its best day of the year, buoyed by US market gains and a strong local jobs report, albeit mostly part-time. Financials and tech stocks rebounded sharply after recent losses, while commodity prices rose on a weaker US dollar. Iron ore miners saw mixed performance, with Rio Tinto noting higher production costs but strong copper output. Buy-now-pay-later firm Zip also made gains amid lower US borrowing costs and positive broker sentiment. Looking ahead, key data...
2025-01-1609 minCommSec Market UpdateMorning Report 16 Jan 25: Stocks rally as U.S CPI quells Fed angstU.S stocks surged as investors celebrated easing inflation figures, marking the first decline in American core inflation in six months. Broad gains were seen across U.S. markets, buoyed by strong earnings reports from the banking sector. Leading technology stocks also rallied, driven by a fall in long-term interest rates. In the commodities market, oil prices jumped as U.S. crude inventories fell to their lowest levels since 2022, while gold extended its gains following inflation figures that came in below expectations. Looking ahead, Aussie shares are set to open higher, bolstered by positive sentiment from cooler U.S...
2025-01-1509 minCommSec Market UpdateMarket Close 15 Jan 25: Markets brace for a busy 24 hours aheadIt has been a somewhat volatile session today with the market starting strong but dropping as the day went on. Laura and Stevie unpack this performance as investors brace for a busy 24 hours ahead with a multitude of US banks set to report on their results, and inflation data also being released which could impact interest rate decisions. They discuss the performance of each of the sectors with many seeing declines and look at the stocks that saw the largest moves with Pilbara Minerals and Telstra gaining attention. The content in this podcast is prepared, approved and di...
2025-01-1509 minCommSec Market UpdateMorning Report 15 Jan 25: Stocks eke out gains in countdown to U.S CPI reportWall Street saw an advance as U.S wholesale inflation eased unexpectedly, driven by a drop in food prices. Utilities led the markets higher, boosted by increased energy demand fuelled by AI innovations. Bank stocks lifted ahead of upcoming earnings reports, while shares of Eli Lilly, a weight loss drug company, declined due to cuts in revenue guidance. U.S Treasury yields dipped following tame producer prices. Meanwhile, iron ore extended its gains on reduced shipments, and oil prices slipped as sanctions on Russia remained a key focus. Closer to home, Aussie shares are expected to open slightly higher...
2025-01-1409 minCommSec Market UpdateMarket Close 14 Jan 25: The market ends a three-session losing streakThe market has ended in positive territory today following several sessions of losses. Laura and Stevie discuss this performance fuelled by a myriad of factors in the US, and the upcoming data that could shift their market in the days ahead. Back home City Chic was one of the best performers following an announcement around sales figures, most of the sectors saw growth today, and Star Entertainment continued to see gains following the recent substantial declines. 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 no...
2025-01-1409 minCommSec Market UpdateMorning Report 14 Jan 25: Wall Street remains haunted by strong jobs numbers as US interest rates riseWall Street faces mounting pressure amid rising interest rates, with the US 10-year Treasury yield hitting a 14-month high, causing stocks to tumble. Moderna shares plunged 20% after the company lowered its 2025 sales forecast, while Eli Lilly also saw a decline following its announcement to acquire Scorpion Therapeutics' experimental cancer therapy. Retailers' post-holiday results left Wall Street unimpressed, and higher interest rates have driven investors away from gold, causing the yellow metal to drop more than 1%. Meanwhile, oil prices have surged to a four-month high as traders anticipate expanded sanctions and iron ore prices have risen on renewed hopes of...
2025-01-1309 minCommSec Market UpdateMarket Close 13 Jan 25: The market closes with around 75% of stocks in the redThe Aussie market has seen its biggest decline today in around 3 weeks wiping out all the gains of last week. Laura and Stevie unpack this performance which was largely fuelled by the US sharemarket which performed poorly on Friday following jobs and unemployment data that could result in a US rate cut being pushed out. Locally energy stocks have been the winners today, but the financial sector has continued to drag on the market. Myer gained attention today as did NRW Holdings, and Stevie and Laura look at what could be to expect as the week continues. The...
2025-01-1309 minCommSec Market UpdateMorning Report 13 Jan 25: Strong US jobs growth sinks Wall StreetWall Street slumped following the latest job data, as US employment rose more than expected in December. This unexpected growth has narrowed expectations for interest rate changes, suggesting they may remain on hold for the foreseeable future. US interest rates, meanwhile, reached their highest level since November 2023. In the stock market, tech stocks led the retreat, while energy stocks were largely spared due to rising oil prices. Looking ahead, futures indicate solid selling for the ASX 200 on Monday, which faces additional challenges from underperformance in the Chinese market. The content in this podcast is prepared, approved and...
2025-01-1209 minCommSec Market UpdateMarket Close 10 Jan 25: The big 4 banks drag on the Aussie marketThe session started optimistically but has fallen into negative territory today. Laura and Stevie unpack this performance, with materials the only sector seeing improvements. The big 4 banks have played their part in dragging on the market and so they discuss this, but also acknowledge that the market is on track to see improvements overall across the week. Interest rate movements are back in the conversation as are Star Entertainment and Mesoblast. 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 obj...
2025-01-1009 minCommSec Market UpdateMorning Report 10 Jan 25: US share markets closed for national day of mourningWall Street is closed in observance of the passing of former President Jimmy Carter, but investors continue to monitor U.S. economic news closely. U.S. Treasury yields are declining as markets remain focused on Trump-era policies, while bond traders anticipate that the upcoming jobs report will test the Federal Reserve's pricing strategies. In the UK, investor confidence in the government is waning, with bond market turmoil stirring memories of the 1976 debt crisis. Meanwhile, European markets are on the rise, driven by a surge in mining stocks. Oil prices have climbed 1% due to cold weather in the northern hemisphere...
2025-01-0909 minCommSec Market UpdateMarket Close 09 Jan 25: First loss of the year for Aussie stocksAussie stocks ended their winning streak with the ASX 200 down after a strong start to 2025. November’s retail sales data showed a 0.8% increase, softer than expected, reflecting cautious consumer spending despite heavy promotional activities. This adds weight to the possibility of an interest rate cut in February, though key data like employment stats and inflation updates later this month will be pivotal. Meanwhile, Star Entertainment hit an all-time low amid cash flow concerns, and Avita Medical struggled after cutting revenue goals. Bright spots included gold miners and lithium stocks, with Arcadium Lithium surging 8% after regulatory progress in its Rio Ti...
2025-01-0909 minCommSec Market UpdateMorning Report 09 Jan 25: Stock investors wary as interest rates creep higherWall Street remains cautious as investors weigh the impact of Trump's tariff plans. Technology stocks continue to face pressure, with chip makers leading the declines. Quantum computing stocks fell sharply after Nvidia’s CEO suggested that the technology is still decades away from mainstream use. Meanwhile, banks are under pressure as interest rates steadily rise. In company news, Edison International is the worst performer on the S&P 500, sliding amid the ongoing Los Angeles wildfires. Conversely, eBay shares rose following news of a partnership with Facebook Marketplace. Across the Atlantic, the British pound slumps due to concerns over capital fl...
2025-01-0809 minCommSec Market UpdateMarket Close 08 Jan 25: Inflation data opens door for Feb rate cutThe ASX 200 has extended its 2025 winning streak to five days, driven by a positive market reaction to November's inflation data. While headline inflation rose slightly due to electricity and fuel costs, core inflation dropped to 3.2%, below expectations, increasing the likelihood of an interest rate cut by the RBA in February. Materials and financials sectors led gains, with miners benefiting despite falling iron ore prices, while tech stocks fell following weaker U.S. market performance. Gold miners surged on strong quarterly updates, but uranium and some individual stocks faced significant declines. Looking ahead, key data releases, including retail sales, jobs...
2025-01-0809 minCommSec Market UpdateMorning Report 08 Jan 25: Wall Street hit by inflation angst amid tech routThe US services index climbed, with the price gauge reaching its highest level since 2023, signalling persistent inflation concerns. Traders have adjusted their expectations, no longer fully pricing in a US rate cut before July. Meanwhile, US job openings surged to a six-month high, reflecting a resilient labour market. Additionally, the technology sector lagged, with Nvidia dipping after reaching a record high, while Moderna's stock saw a significant rise due to new vaccine plans. Commodity markets also showed mixed signals; oil prices increased amid Western sanctions, but iron ore fell to a seven-week low, potentially impacting the Aussie market today...
2025-01-0709 minCommSec Market UpdateMarket Close 7 Jan 25: Will upcoming inflation data continue the market winning streak?The market has lifted again slightly today continuing the 4-day winning streak. Laura and Stevie unpack this ‘streak’ and look at the performance of the US market overnight with tech stocks seeing significant shifts. The Aussie dollar has improved today and so they look into the international happenings that have fuelled this, NVIDIA is back in the headlines, and they unpack the local sector performance with tech seeing gains and materials continuing to trend downwards. 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 i...
2025-01-0709 minCommSec Market UpdateMorning Report 07 Jan 25: Stocks gain as dip buyers power rally in big techTechnology stocks are at the forefront of driving investor interest and contributing to recent market gains. All eyes are on Nvidia’s CEO, whose upcoming speech is anticipated to ignite the next significant breakout. Meanwhile, the US dollar pares losses following Trump's denial of reports about curbing tariffs. In Canada, stocks see a slight uptick after Prime Minister, Justin Trudeau's resignation. Oil prices have dipped from their 12-week highs, reflecting a cooling in recent gains. Looking ahead, Australian shares are poised for a higher open, bolstered by a rally in copper prices and the critical building approvals data set to...
2025-01-0609 minCommSec Market UpdateMarket Close 06 Jan 25: Some key things to watch for 2025Laura and Stevie are back following the Christmas break with the market seeing slight declines following some minor falls around lunchtime and a flat finish. They reflect on the market performance of the year gone by with 24 record highs locally, and they run through the standout movers throughout that period. Materials stocks led the conversation today with the sector seeing declines, and gold and uranium were in focus. They look to what could be ahead for the market this week, and the broader things to watch for 2025. The content in this podcast is prepared, approved and distributed in...
2025-01-0609 minCommSec Market UpdateMorning Report 06 Jan 25: US stocks snap a 5-day losing streakThe new year has had a shaky start, but technology stocks have helped lift Wall Street during holiday trading. US bond yields have climbed in anticipation of upcoming labor market data, while mega-cap stocks have been key drivers in pushing the US share market higher. Meanwhile, a surging US dollar has put pressure on commodity prices. Oil prices have risen, supported by cold weather and favorable Chinese policies. Looking ahead, ASX 200 futures suggest a solid gain, led by Australian tech shares, although concerns about rising inflation persist due to a weak Aussie dollar. The content in this...
2025-01-0509 minCommSec Market UpdateMarket Close 20 Dec 24: The best and worst of 2024In the last podcast of 2024, Steve and Laura reflect on a challenging December for the Aussie market, which has seen a 4.5% decline, making it the worst month of the year. The Federal Reserve's slower-than-expected pace of rate cuts rattled global markets, with Financials, consumer discretionary, and materials sectors among the hardest hit locally. Highlights included Life360's 200% surge this year, gold stocks benefiting from record prices, and lithium miners and Star Entertainment ranking among the biggest losers. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. T...
2024-12-2009 minCommSec Market UpdateMorning Report 20 Dec 24: US stocks rise in defensive session as the US dollar gainsWall Street is making a cautious recovery after experiencing one of the year’s steepest declines. The Dow Jones Index broke a 10-day losing streak, its longest since 1974, while the 10-year US Treasury yield climbed to its highest level since May, reflecting ongoing strength in the US economy. In corporate news, Micron Technology faced its worst trading day since 2020 following disappointing guidance, while Darden Restaurants enjoyed its best performance since November 2020. Meanwhile, in Europe, the Bank of England held rates steady as policymakers debated whether to implement cuts. Oil prices declined, weighed down by a pessimistic economic outlook. Looking ah...
2024-12-1909 minCommSec Market UpdateMarket Close 19 Dec 24: Worst day in over three months for Aussie stocksThe Aussie share market faced a tough day, with the ASX 200 facing it's steepest decline in three and a half months—dragged down by a 2.5% fall in the US Dow Jones. Investor concerns stemmed from the US Federal Reserve’s revised interest rate outlook, signalling fewer rate cuts in 2025 than anticipated. All 11 ASX sectors ended in the red, with tech, financials, and materials hit hardest, while only 10% of stocks managed gains. Bright spots included Mesoblast, up 54% after FDA approval for its cell therapy, and Patriot Battery Metals, surging 16% following a major deal with Volkswagen. Meanwhile, uranium miner Deep Yellow plun...
2024-12-1909 minCommSec Market UpdateMorning Report 19 Dec 24: Stocks and bonds drop after Fed’s hawkish cutThe 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...
2024-12-1809 minCommSec Market UpdateMarket Close 18 Dec 24: Market treads water ahead of U.S. rate cutThe 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 hori...
2024-12-1808 minCommSec Market UpdateMorning Report 18 Dec 24: Dow Jones heads for first 9-day slide since 1978Wall 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...
2024-12-1709 minCommSec Market UpdateMarket Close 17 Dec 24: ASX ends nasty losing streakBitcoin 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
2024-12-1708 minCommSec Market UpdateMorning Report 17 Dec 24: US tech stocks climb on Fed cut optimismWall 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. ...
2024-12-1609 minCommSec Market UpdateMarket Close 16 Dec 24: Mining stocks tumble as China strugglesThe 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...
2024-12-1609 minCommSec Market UpdateMorning Report 16 Dec 24: Wall Street consolidates ahead of Fed decisionWall 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...
2024-12-1509 minCommSec Market UpdateMarket Close 13 Dec 24: Aussie market hits one-month lowThe 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 da...
2024-12-1309 minCommSec Market UpdateMorning Report 13 Dec 24: Wall Street dips as investors digest inflation and jobs data after strong rallyUS producer prices have seen a notable jump, driven by higher egg costs, though categories closely monitored by the Federal Reserve showed softer increases. Weekly jobless claims in the US rose unexpectedly, signaling potential shifts in the labor market. In corporate news, Adobe shares dropped as slower subscription spending weighed on investor sentiment. Meanwhile, in Europe, a trifecta of central banks cut interest rates in response to evolving economic conditions. Over in China, the government pledged further debt and rate cuts as looming tariffs from the Trump era raise concerns. Gold prices slid from a five-week high, while the...
2024-12-1209 minCommSec Market UpdateMarket Close 12 Dec 24: Aussie market rattled by unexpected strength in jobs dataThe market has taken a tumble today coinciding with an update on Aussie jobs growth with results which caught the market off guard and dropped expectations of a February rate cut. Steve is solo today unpacking this data, and the upcoming data that could make all the difference around this decision. There is a plethora of international happening including rate cuts internationally which Steve discusses, and he looks at the performance of local sectors with tech seeing some gains. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The...
2024-12-1209 minCommSec Market UpdateMorning Report 12 Dec 24: Tech stocks surge as they celebrate the latest inflation reportWall Street experienced a strong rally as investors reacted positively to U.S. inflation data showing the largest consumer price gain in seven months. The NASDAQ reached a record high of 20,000 points, buoyed by impressive year-to-date gains in stocks like Nvidia and Tesla. Meanwhile, the European Union agreed on a new sanctions package against Russia, underscoring geopolitical tensions. In Canada, the central bank aggressively cut interest rates to bolster its economy. Closer to home, the ASX 200 futures signalled a solid gain as investors focused on upcoming Australian jobs data, even as the Aussie dollar faced downward pressure. ...
2024-12-1109 minCommSec Market UpdateMarket Close 11 Dec 24: Market slips ahead of US inflation dataThe Australian market had a sluggish day, with the ASX down 0.8% for the week so far. Despite a lackluster performance, markets are awaiting key economic data, particularly U.S. inflation figures, which could influence share prices ahead of next week's interest rate decision. In Australia, the Reserve Bank's recent decision to hold rates has sparked speculation about potential rate cuts in early 2025, particularly after upcoming job data. Sector performance was mixed, with property trusts rising, while tech and industrial stocks lagged. South32 saw a significant drop due to operational challenges in Mozambique, while Sigma Healthcare's merger with Chemist Warehouse...
2024-12-1108 minCommSec Market UpdateMorning Report 11 Dec 24: Stocks waver as traders map out game plan for CPIUS markets remain stable as investors await key CPI figures, while Google makes headlines by claiming a significant quantum computing milestone. In contrast, Oracle shares are experiencing their worst trading day of the year following an earnings miss. Walgreens shares surged on reports that Sycamore Partners, a private equity firm, is exploring a potential acquisition of the pharmacy chain. Across the Atlantic, European markets ended an eight-day winning streak, weighed down by rising economic concerns. Meanwhile, China reported a slowdown in November export growth, signalling potential headwinds for the global economy. Looking ahead, Aussie shares are expected to decline...
2024-12-1009 minCommSec Market UpdateMarket Close 10 Dec 24: RBA rate cut around the corner?Join Steve and Laura as they unpack the day’s market movements, starting with a modest 0.3% dip on the ASX amidst a tug-of-war between sectors. Mining stocks surged 3% on optimism over potential Chinese stimulus, while tech and financials dragged the market down. The Reserve Bank of Australia held rates steady at 4.35% but hinted at possible cuts in early 2025, sending the Aussie dollar tumbling. Investors are now eyeing upcoming inflation and jobs data for clues on future rate moves. Meanwhile, stock-specific news saw Perpetual plummet due to unexpected tax liabilities, while Treasury Wine Estates soared 4% following a strategic Chinese acquisition....
2024-12-1009 minCommSec Market UpdateMorning Report 10 Dec 24: Wall Street dips from record highs in inflation run-upWall Street saw consolidation as investors awaited key inflation data while geopolitical and corporate developments drove market dynamics. Chipmaker Nvidia faced scrutiny amid a China probe, highlighting the escalating global tech war. In corporate news, Hershey's shares surged on speculation of a potential takeover by Mondelez. Across the Atlantic, European markets closed at a six-week high, buoyed by optimism surrounding anticipated Chinese economic stimulus. This sentiment also supported commodity prices, which firmed on the prospect of improved Chinese growth. Meanwhile, oil prices climbed sharply following news of the ousting of Syria's President Assad. Looking ahead, Aussie shares are expected...
2024-12-0909 minCommSec Market UpdateMarket Close 09 Dec 24: Market treads water ahead of RBA decisionAussie stocks started the week cautiously, with markets still hovering near record highs. Key drivers include US job data fuelling speculation of a fourth consecutive rate cut, and upcoming US inflation figures that could shift expectations. Locally, all eyes are on the RBA’s decision, with economists unanimously predicting rates will remain unchanged. Commodity sectors struggled, while property stocks rebounded, led by Goodman Group. Meanwhile, Life360 was the worst performer, shedding 8%, despite strong year-to-date gains. Globally, trade data from China, jobs figures in Australia, and rate decisions in Canada and Europe are set to round out a pivotal week fo...
2024-12-0909 minCommSec Market UpdateMorning Report 09 Dec 24: Wall Street savours the latest employment figuresWall Street experienced mixed outcomes as November jobs data has given the Federal Reserve room to consider cutting interest rates. The S&P 500 notched its 57th record high of the year, while the Dow Jones lagged, with investors showing a preference for technology stocks. In company news, Lululemon shares soared following upgraded forecasts. Meanwhile, European markets advanced despite ongoing political uncertainty. Closer to home, Australian futures pointed to a lower open for the ASX 200, weighed down by a drop in iron ore prices and the RBA has kicked off its two-day policy meeting ahead of Tuesday’s interest rate dec...
2024-12-0809 minCommSec Market UpdateMarket Close 06 Dec 24: Investors turn cautious ahead of US jobs dataThe Australian share market experienced a challenging week, with most sectors in the red and the ASX 200 down nearly two-thirds of a percent. Key factors include investor caution ahead of U.S. jobs data, which could influence interest rate decisions, and a postponed OPEC+ production increase due to weaker demand. Notable company movements included Iluka's 10% drop following cost blowouts, Collins Foods' ex-dividend dip, and a broker downgrade for Domino’s Pizza. On the brighter side, utilities showed resilience, APA Group gained on favorable regulatory news, and gold stocks rallied on merger announcements. The RBA's meeting next week and U.S...
2024-12-0610 minCommSec Market UpdateMorning Report 06 Dec 24: Stocks flounder as jobs report signals Fed cut or pauseBitcoin has surged to a new record high, buoyed by news of Trump’s appointment, while U.S. jobless claims climbed to a one-month high during Thanksgiving week. In corporate news, Disney announced an increase in dividends, yet its stock price declined. Conversely, Brown-Forman, the maker of Jack Daniels, saw its shares soar on a stronger-than-expected forecast. However, Synopsys faced a downturn as its sales outlook fell short of estimates. Across the Atlantic, European stocks reached a one-month high, with Germany's DAX index setting another record. Meanwhile, oil prices held steady as investors weighed the impact of a delayed OP...
2024-12-0509 minCommSec Market UpdateMarket Close 05 Dec 24: Bitcoin cracks US$100,000The Aussie market saw a modest uptick today, gaining 10 points as it recovered a third of Wednesday's losses. Bitcoin made headlines, surpassing $100,000 USD amid hopes for lighter regulation, rising 40% since early November. Meanwhile, the U.S. markets hit new records across all major indices, fuelled by strong economic confidence. Locally, energy and mining stocks struggled, with lithium miners like Liontown down sharply due to weaker prices, while gold stocks outperformed thanks to rising prices. Attention also turned to the upcoming OPEC+ meetings and upcoming U.S. job data, both poised to shape market movements in the days ahead.
2024-12-0508 minCommSec Market UpdateMorning Report 05 Dec 24: US stocks hit record high buoyed by tech rallyWall Street is reaching new record highs, fueled by a surge in technology stocks, as optimism grows about the economy. Federal Reserve Chair Jerome Powell expressed confidence in the strength of the U.S. economy, adding to the positive sentiment. In company news, Salesforce shares soared following an earnings report that exceeded revenue expectations, while Foot Locker shares plunged due to a bleak holiday outlook. Across the Atlantic, Germany's DAX index closed above the 20,000-point mark, highlighting resilience in European markets despite political challenges. Meanwhile, iron ore prices rose on hopes of Chinese stimulus, contrasting with a decline in...
2024-12-0409 min
The Cyber CookieCybersecurity: The Year in Review 2024 with David McNamaraJoin us as we wrap up 2024’s biggest cybersecurity highlights. From ISO 27001, NIS2, and DORA updates to unpatched vulnerabilities, phishing attacks, and incident response essentials, we cover it all. Explore AI’s impact, supply chain security, and top breaches, including Snowflake, Change Health, and Microsoft Executive emails. Prepare for a stronger 2025 with expert insights and actionable takeaways!
2024-12-0422 minCommSec Market UpdateMarket Close 04 Dec 24: Aussie market pauses after 24th record high for the yearThe market has dropped back slightly today following another record high yesterday. Laura and Stevie reflect on this performance comparative to US markets and look at the international news which impacted overseas markets. Rate cuts are back in conversation after expectations have been moved forward following economic data around household consumption, energy, mining, and tech were the only sectors that saw gains, and real estate has seen some losses due to Goodman Group. 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...
2024-12-0407 minCommSec Market UpdateMorning Report 04 Dec 24: South Korean stocks plummet in US trading amid political chaosThe Korean Won has depreciated sharply following South Korea’s president's declaration of martial law, adding to political uncertainty that has weighed on major companies like Samsung and Hyundai. Meanwhile, the S&P 500’s $11 trillion rally is beginning to show signs of fatigue. In Australia, public spending continues to support economic growth, though local shares are expected to slip after recently reaching a record high of 8,500 points. Commodity markets remain dynamic, with iron ore nearing a two-month high on hopes of Chinese stimulus, and oil prices climbing amid concerns over the situation in Lebanon. The content in this...
2024-12-0308 minCommSec Market UpdateMarket Close 03 Dec 24: Aussie market on track for the best year since 2019The market has improved for a second straight day today with Stevie assuming that Santa has come early as he reflects on the recent local performance. Laura addresses the state of the local sectors, and they unpack the stocks that caught attention with Star Entertainment being the top performer following their recent less than impressive performance. They look at what to expect overnight ahead of economic growth figures tomorrow and the data coming out of China and the US. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. Th...
2024-12-0308 minCommSec Market UpdateMorning Report 03 Dec 24: US technology stocks lift Wall Street to new record highsTechnology stocks are back in favour, driving Wall Street higher on the first trading day of the new month. Apple reached a fresh record high, while Super Micro Computers led gains in the Semiconductor Index. Meanwhile, Cyber Monday and robust online sales have provided a boost to the US retail sector. In Europe, political uncertainty, particularly in France, weighs on investor sentiment. Commodities were a key focus on the ASX, with a stronger US dollar and encouraging Chinese factory data supporting iron ore prices. Looking ahead, futures indicate a solid start for Australian shares, with the ASX200 poised to...
2024-12-0209 minCommSec Market UpdateMarket Close 02 Dec 24: Aussie stocks flirt with fresh recordDecember has started on a high following the second-best month of the year. Laura and Stevie reflect on the performance of last month and dive into the performance of the US market which also has seen positive performances. Property prices are in discussion today as is retail spending data with Black Friday having provided a boost. They run through the stocks that saw the biggest movements today including De Grey Mining and look to the week 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 doe...
2024-12-0208 minCommSec Market UpdateMorning Report 02 Dec 24: Wall Street ends record-breaking month in positive territoryWall Street wrapped up a stellar November with strong gains, driven by optimism over lower bond yields, U.S. economic resilience, and expectations of a rate cut. The Dow rose 7.5%, marking its best month in a year, while the NASDAQ surged 6.2%, outpacing Australia's ASX 200, which gained 3.4%. Tesla led the charge in U.S. equities, climbing over 30% in November, while retailers were bolstered by robust Black Friday sales. Locally, Australian home prices slowed in November, reflecting affordability challenges, while the ASX eyes record highs, fuelled by bullish commodity prices and economic momentum from China. The content in this...
2024-12-0109 minCommSec Market UpdateMarket Close 29 Nov 24: Second best month of the yearThe Aussie market wrapped up November on a mixed note, dipping slightly by 0.1% but still securing its second-best month of the year with a 3.3% gain. Despite a sluggish day influenced by the U.S. Thanksgiving holiday, the materials sector led a late recovery, offsetting losses from other sectors. Highlights included Webjet's rollercoaster ride amid legal troubles, Star Entertainment's all-time low after years of decline, and Resolute Mining's struggles following a major settlement in Mali. With Black Friday sales kicking off, the holiday shopping season is expected to shape retail performance, while upcoming data from China and the U.S...
2024-11-2909 minCommSec Market UpdateMorning Report 29 Nov 24: European share markets edge higher as investors focus on French political uncertaintyUS futures are showing positive movement as the Thanksgiving holiday approaches. In Europe, French bonds approached parity with Greek debt as the nation’s budget saga deepened, further straining French banks amid the ongoing fiscal crisis. Meanwhile, oil prices rose on escalating Middle East tensions, while gold retreated in thin holiday trading. Closer to home, the Aussie dollar climbed in subdued holiday trade. However, Australian shares are expected to ease from record highs after Reserve Bank Governor Michelle Bullock dampened hopes for an interest rate cut. The central bank reiterated that inflation remains too elevated to consider near-term rate red...
2024-11-2809 minCommSec Market UpdateMarket Close 28 Nov 24: Second record high of the weekThe Aussie share market hit its second record high of the week, marking the 15th for the financial year, with gains driven by financials and healthcare stocks. Key standouts included Pro Medicus, surging 9% on a $330 million U.S. deal, and Sigma Healthcare, up 50% this month following a Chemist Warehouse merger. Meanwhile, Star Entertainment saw its shares tumble nearly 5% amid ongoing revenue challenges. Looking ahead, U.S. markets will be closed tomorrow for Thanksgiving, while a speech from RBA Governor Michelle Bullock and upcoming AGMs keep investors alert. The content in this podcast is prepared, approved and distributed...
2024-11-2809 minCommSec Market UpdateMorning Report 28 Nov 24: Wall Street serves up a turkey ahead of Thanksgiving holidayWall Street saw sellers take charge as investors prepare for the Thanksgiving break. The bond market brought some relief, with interest rates falling as inflation figures came in softer than expected. Technology stocks struggled to maintain momentum, with the recent rally halting due to downbeat quarterly forecasts from Dell and HP, which weighed heavily on the sector. On a brighter note, retailers like Urban Outfitters and Target shone, delivering better-than-expected earnings and boosting sentiment in the retail space. Meanwhile, oil prices dipped following a surprise build in U.S. gasoline stocks, adding pressure to the energy sector. Looking ahead...
2024-11-2709 minCommSec Market UpdateMarket Close 27 Nov 24: Aussie shares bounce back despite tariff fearsThe market has rebounded today following the slight declines of yesterday. Laura and Stevie reflect on the session yesterday which was the worst decline in two weeks and the performance that we saw today. Tariff concerns are in conversation today and they discuss how international and local markets have reacted. Inflation is back in focus as are conversations around rate cuts, they share the stocks that caught their eye including City Chic and GrainCorp, and look to the rest of the week. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Lim...
2024-11-2709 minCommSec Market UpdateMorning Report 27 Nov 24: S&P 500’s 7-day run puts fresh record high in sightWall Street has shrugged off concerns over Trump’s tariff talks as stocks climbed, while a US bond rally lost momentum following his tariff pledge. At the same time, European markets and global automakers were also impacted by the ongoing tariff discussions. Meanwhile, the release of US Federal Reserve minutes revealed easing inflation and a strong labor market, paving the way for potential further interest rate cuts. In corporate news, biotech firm Amgen weighed on the Dow Jones after disappointing results from its weight loss drug. Looking ahead, Aussie shares are expected to lift on Wednesday ahead of key mo...
2024-11-2609 minCommSec Market UpdateMarket Close 25 Nov 24: Donald Trump’s social media post impacts marketsThe market has pulled back slightly today following the record high of yesterday. A social media post from Donald Trump played into this performance with the energy sector and financials seeing losses. Laura and Stevie reflect on this session, look to the stocks that caught their eye including Bluescope and Webjet, and discuss the upcoming happenings that could 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 be...
2024-11-2609 minThe Cyber CookieEpisode 8: Preparing for the Inevitable: Incident Response and Cyber Security with David McNamaraWelcome to another exciting episode of The Cyber Cookie! In this episode, we’re thrilled to have David McNamara, the founder of CommSec, joining us to dive deep into the world of cybersecurity.
Topics of Discussion:
Incident Response
Preparing for the Inevitable Cyberattack
NIS2 Directive
Digital Operational Resilience Act (DORA)
SME Cybersecurity
2024-08-0820 minThe Cyber CookieEpisode 7 - NIS2 Update with David McNamaraToday's Cyber Cookie was recorded live on June 6th at the Castleknock Hotel, in front of over 50 IT leaders hungry for knowledge. The energy in the room was electric, reflecting the high demand for information and clarity on today's critical topic. CommSec's very own founder, David McNamara, is back on the show to help us demystify NIS2. This EU directive is shaking things up for over 4,000 critical service organizations and their supply chains, and we're here to break it down for you.
2024-06-1124 min
The Cyber CookieEpisode 6 Exploring Canadian Cybersecurity with Jacques SauveThe Cyber Cookie, hosted by Darragh Reynolds, is a podcast delving into the world of cybersecurity. This episode features Jacques Sauve, a Canadian cybersecurity expert, who shares his journey in the field and offers insights into the Canadian cybersecurity landscape compared to Ireland.
2024-02-2338 minCommSec Market UpdateMarket Close 15 Feb 24: An avalanche of earnings resultsLaura and Stevie join us for the CommSec Market Update today as the market bounces back from a three-day decline. Aussie jobs growth is under the microscope after an unexpected result that has rate cut discussions back in focus. They unpack each of the sectors, look into the earnings results that shifted the market, and unpack what is to come in 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 ap...
2024-02-1509 minCommSec Market UpdateMarket Close 23 Jan 24: Aussie market inches closer to record highThe Aussie market crept closer to a record high today. Laura and Stevie join us for the CommSec Market Update to unpack the three-day winning streak and look at how each of the sectors performed. They discuss the stocks that saw the biggest moves and look at what could be on the way in the day 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...
2024-01-2309 minThe Cyber CookieNavigating Cybersecurity Training for Career Advancement with Jan CarrollIn this episode, Fortify Institute founder Jan Carroll speaks about the different cybersecurity courses available, and how to excel in training and offers our listeners a free course.
https://www.fortifyinstitute.com/
https://www.eccouncil.org/
https://www.comptia.org/
https://www.isc2.org/
2024-01-1538 min
CommSec Invest: The Share Market SimplifiedCommSec Invest: The Share Market Simplified - TrailerDo you want to learn to invest in the share market? Join host Jamila Rizvi as she takes you from investment zero to investment hero! Alongside the expert team from CommSec, Jamila will break down the often-daunting world of share market investing. How it all works, gaining confidence in what you are buying, and what to do once you have your first share, this podcast will guide you through the whole process to help you become a confident share market investor. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Secu...
2023-12-1802 minThe Cyber CookieOnline Safety for ChildrenThis week David sat down with Alex Cooney, CEO of CyberSafe Kids to discuss the important topic of online safety for children. We discuss important issues including social media, teenagers, smartphones and parenting. This podcast episode is a live recording of a Fireside Chat recorded at CommSec Live Conference 2023.
2023-10-1722 minThe Cyber CookieThe Cyber Cookie Episode 3 - Cybersecurity for SMEsWe sit down with David McNamara, CEO of CommSec, to discuss some important decisions for SMEs regarding their security journey.
We discuss:
The best long-term strategic decisions/actions needed to be taken by organisations
What quick fixes can help
Whether organisations need outside help or hire internal experts
How has hybrid working impacted the risk?
How much does it cost to make an organization "cyber neutral"?
2023-08-2117 min
The Cyber CookieThe PSNI Data Breach and DLPIn this episode of the podcast, we discuss the recent data breach at the Police Service of Northern Ireland (PSNI). We are joined by John McGuinness, Senior Solutions Engineer with Forcepoint, to talk about what DLP (Data Loss Prevention) is and how it can help organisations prevent data breaches. We will also discuss how modern organisations can implement DLP to keep their valuable and sensitive information safe.
2023-08-1829 min
The Cyber CookieWhat are the 5 Cs of Cybersecurity?Now, on to today's episode! We have a very special guest with us, the Boss, CEO of CommSec, David McNamara. He'll be discussing the 5 Cs of Cybersecurity and sharing his expert insights on how to deal with an incident. It's a conversation you won't want to miss.Website www.commsec.ieEmail info@commsec.ie
2023-08-1010 min
The Good Oil with Scott PhillipsIs Phillip Lowe getting it wrong with Commsec's Craig JamesAfter another interest rate hike, and comments suggesting Australian consumers aren't doing enough to combat inflation, is Phillip Lowe's time as the Governor of the RBA coming to an end? Commsec's Chief Economist Craig James is back - and joins Scott Phillips to provide insight into the nitty gritty of inflation, cost of living and financial stability. Hear more from Craig on Commsec's Market Update. Follow Scott on Twitter. See omnystudio.com/listener for privacy information.
2023-06-2844 min
Get Started InvestingRaiz v Spaceship v Commsec PocketIf you're ready to begin your investment journey and have decided that micro investing apps are the way to go, you're on the right track! However, with so many options available, you might be wondering what is Raiz? Or how does Spaceship investment compare to others? We'll discuss the pros and cons of three popular micro investment apps in Australia: Raiz, Spaceship, and CommSec Pocket. Read more here. Feel free to reach out and let us know what you choose - contact@equitymates.com-----If you want to let Alec...
2023-03-2020 minThe Good Oil with Scott PhillipsCommsec's interest rate predictions with Craig JamesCommsec's Chief Economist on potentially higher interest rates, inflation, property prices, petrol prices and what every Aussies should do to prepare. Craig James is the Chief Economist, CommSec, interpreting ‘big picture’ economic and financial trends for customers, clients and staff. Hear what he's expecting to come with host, and Chief Investment Officer of the Motley Fool, Scott Phillips. See omnystudio.com/listener for privacy information.
2022-08-2339 min
Economics CentralConversations in Economics Central with Craig James from CommSecIn this episode Mrs B interviews Craig James, Chief Economist at CommSec to get his views on the latest State of the States report
2022-05-1616 min