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Steve and Laura reflect on the final trading session of 2025, which saw the Aussie market push higher to cap off a third consecutive year of gains. While the final week of trade was relatively subdued, a boost from the Technology and Financial sectors helped the benchmark index finish the year up nearly 6%. Reflecting on 2025, it was a massive year for the Materials sector, which surged 28% behind record-breaking runs in gold and silver, contrasting with a difficult period for Healthcare. Individual standouts included DroneShield, which finished as the year’s top performer, while HMC Capital and Bapcor were among those facing significant headwinds. Looking ahead, quarterly inflation data, central bank pivots from the RBA and the Fed, and the February reporting season all shape the outlook for the start of 2026. 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.

US stocks climbed while Treasury yields eased after inflation came in lower than expected. Micron surged on an upbeat outlook as the AI boom fuels demand for memory chips, while activist investor Elliott is reportedly building a $1 billion stake in Lululemon. In central bank news, the Bank of England cut interest rates following a tight vote. In the commodities market, gold hovered near record highs. Back home, Aussie shares are expected to cap off the final full trading week of 2025 on a strong note. 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.

A subdued and underwhelming session for the Aussie market, with stocks hovering around flat levels late in the day as energy names did most of the damage. Steve and Laura unpack weakness in Woodside after CEO Meg O’Neill announced her departure to take the top job at BP, mixed moves across the banks with CBA providing some support, and sharp falls among uranium stocks following a shock update from Boss Energy. There were brighter spots, including Bapcor jumping on a CEO change and Austal lifting after securing a $1 billion defence contract. Looking ahead, key US inflation data and several major central bank decisions are due in the next 24 hours. 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.

Wall Street fell as technology stocks retreated, with the Oracle–Blue Owl decoupling unsettling markets ahead of a looming wave of debt issuance. US Treasuries also slipped after dovish remarks from Fed Governor Christopher Waller. In commodities, silver surged to a record high above US$66 an ounce, while lithium prices jumped in China on plans to revoke mining licences. Back home, Aussie shares are expected to fall for a fourth straight session amid renewed rate-hike concerns. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 slipped about 0.2% for a third straight session, leaving the week down roughly 1.3%. Materials led gains, up 1.6% driven by Liontown (+12%) and IGO, while gold rose 4% on strong prices. Energy fell 1.4% as oil hit a five‑year low. US job growth slowed and unemployment hit 4.6%, trimming market expectations for an early Fed rate cut. Upcoming data includes US crude inventories, US jobs and retail figures, plus Australian population and national‑account releases, and AGMs for ANZ and Elders. 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.

US share markets slipped on Tuesday, with the S&P 500 weighed down by healthcare stocks as investors digested distorted economic data. The US dollar fell after delayed data pointed to softer jobs growth, while energy stocks sank as oil slipped below $60 a barrel amid Russia–Ukraine talks. European equities also retreated, led by sharp declines in defence stocks. Back home, Aussie shares are expected to fall for a third straight session ahead of the mid-year economic update. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 closed down 0.4% for a second straight session, led by energy off 2.3% and tech off 2.5% for a seventh day. DroneShield surged 22% after winning a €50 million European contract, while Orica rose 2.5% on strong explosives demand. Investors look ahead to US retail, jobs, manufacturing and inflation data, plus upcoming dividend payouts. 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.

Wall Street was subdued as investors brace for a busy week of jobs data, with US stocks edging lower while Treasuries firmed as the Fed rate debate continued. In company news, Tesla shares pushed toward a record high for the first time this year, while ServiceNow fell as analysts weighed the merits of its Armis acquisition. In commodities, oil prices slipped as the broader supply outlook offset disruptions to Venezuelan flows, copper rose on a weaker US dollar, and gold climbed to a seven-week high. Back home, Aussie shares are expected to fall ahead of consumer confidence data. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 fell 62 points, about 0.7%, its worst day in three weeks. The materials sector led losses, down 2.2% on dropping copper and iron ore prices and weaker Chinese data, with BHP and Rio pulling the market down. DroneShield bucked the trend, up roughly 10.5%. Investors now focus on US manufacturing, jobs and inflation releases, upcoming Fed speeches and the RBA’s Brad Jones address later 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 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.

US stocks fell as concerns over AI exuberance resurfaced, with Broadcom sliding amid margin worries, while Lululemon rallied after raising its annual profit outlook. Meanwhile, US government bond yields rose after Fed officials warned of lingering inflation pressures. Elsewhere, European shares also retreated as a risk-off mood spilled into commodities. Back home, Aussie shares are expected to open the week lower, snapping their longest winning streak since August. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The Aussie market posted its best gain in three weeks, making it a third consecutive positive week, as global rate cut expectations and soaring commodity prices drove strong performance. Stevie and Laura review a volatile week that ended on a high note, with the benchmark index up 1.2% for the day. The Materials sector was the clear standout, lifting 2% to hit an all-time high, driven by gold and copper climbing to record prices following the US Federal Reserve's rate cut. The biggest individual gainers included several gold and uranium miners, while losers included Metcash, which traded ex-dividend, and shipbuilder Austal. Looking ahead, the final full week of trade brings important interest rate decisions from the European Central Bank, the Bank of England, and the Bank of Japan, alongside key US jobs and inflation data.

The Dow Jones jumped 600 points to a record high as an Oracle-led slide in AI names triggered a broader rotation out of the trade. Elsewhere, Walt Disney announced a $1 billion investment in OpenAI while fertiliser stocks climbed as Ukraine struck Russian fertiliser plants. At the same time, US Treasuries fell for a second straight session following the Fed’s statement and jobless claims posted their biggest rise since March 2020. In commodities, silver hit an all-time high, and copper climbed to a fresh record after the Fed’s rate cut. Back home, Aussie shares are expected to jump on China stimulus hopes. 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.

Stevie and Laura unpack a busy Thursday where the ASX jumped early on a US Fed rate cut, only to lose steam after a mixed local jobs report. The market still closed slightly higher, helped by gains in materials and real estate, while tech and healthcare dragged. Scentre Group was one of the standout performers after interest emerged in a potential stake sale at Westfield Sydney, Flight Center jumped on upgraded profit expectations following its UK cruise acquisition, and Myer surged on record Black Friday sales. On the weaker side, IAG slipped after the ACCC knocked back its planned WA insurance purchase. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The US Federal Reserve has cut interest rates and has signalled one more reduction in 2026. In company news, GE Vernova surged as AI-driven demand supported higher dividends and buybacks, while Amazon’s growing grocery momentum pressured shares of Instacart and DoorDash. In commodities, oil rose after the Trump administration seized oil tankers off the Venezuelan coast, and copper and iron ore rebounded on China stimulus hopes. Back home, Aussie shares are expected to open higher ahead of key jobs data. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 edged lower, about 0.1% down, marking a 0.6% weekly decline. The RBA left rates unchanged and the US Fed decides tomorrow, keeping markets cautious. Materials rose 1.3% while tech fell 1.5% and financials slipped 0.4%. Silver hit $60/oz and gold gained, lifting their sub‑indexes. Investors watch the Fed announcement, Australian Job Standard data and China’s upcoming policy meeting. 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.

Wall Street opened cautiously, with US stocks and bonds fluctuating ahead of the Federal Reserve’s policy decision, while Treasury yields pared earlier declines after stronger-than-expected jobs data. In corporate news, Ray-Ban maker EssilorLuxottica closed lower as Google revealed plans for AI-powered glasses, and Donald Trump has approved Nvidia’s shipment of H200 chips to China. In commodities, iron ore extended its losses as supply from the Simandou project ramps up. Back home, Aussie shares are set to rise on Wednesday after the RBA takes rate cuts off the table for now. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 slipped about 0.5 % to under 8 600 points, with every sector in the red. Tech off 1.3 %, mining down 0.5 % and energy down 1 % after oil fell. The RBA left rates unchanged, shifting market focus to a 2026 hike. Look out for Thursday’s jobs numbers, January CPI and US Fed cut, plus quarterly ASX index rebalance. 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.

Wall Street slipped overnight as U.S. Treasury yields climbed to multi-month highs, with investors sharpening their focus on the Federal Reserve. In corporate news, Paramount ratcheted up its battle for Warner Bros. with a hostile bid. In commodities, oil eased as Iraqi oilfield production returned to service, gold edged lower as traders grew cautious ahead of the FOMC meeting, and iron ore declined amid weakening demand signals from China. Back home, Aussie shares are set to open lower on Tuesday, with the RBA widely expected to keep rates on hold. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 opened flat, slipping about 0.1 % as investors await the RBA’s rate decision and the Fed’s expected cut. Mining and energy retreated after last week’s gains, while telecom led the market up 1 %. China’s export data and upcoming policy meeting add further focus, and lithium miners remain a bright spot. 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.

US stocks held onto gains as the Fed countdown began, with the S&P 500 quietly rebounding to near a record high. In company news, Netflix slipped on a bumper deal with Warner Bros, while Ulta Beauty beat expectations ahead of the holiday sales period. Meanwhile, US Treasury yields edged higher following cooler PCE inflation data. In commodities, silver hit a record high on Fed rate-cut optimism, while oil prices held steady amid stalled Ukraine peace talks. Back home, Aussie shares are expected to open lower ahead of the RBA’s 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.

Stevie and Laura wrap up a quiet first week of December, with the ASX managing a small lift to notch its fourth straight day of gains. Investors worked through mixed local data, including softer GDP but a surprisingly strong jump in household spending has kept rate expectations in focus. Lithium miners were standouts on upgraded demand forecasts, Premier Investments weighed on consumer discretionary after flagging softer earnings, and NextDC climbed after striking a major data centre deal with OpenAI. With the RBA’s decision on Tuesday, the US Fed on Thursday, and key inflation and jobs data on the way, markets are bracing for a big 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 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.

Wall St was little changed overnight as traders absorbed mixed US labour data and strengthened expectations for a Fed rate cut next week, while small caps hit new highs and nuclear energy stocks rallied. Industrials and communication services helped keep the S&P 500 near record levels, bond yields ticked higher, and European markets rose on improved risk appetite. Locally, the ASX is set to open higher after miners hit fresh record highs, supported by copper strength, with oil, gold and iron ore all firmer ahead of key US inflation data. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The Aussie market scraped out a third straight day of gains, but only just, with materials once again doing all the heavy lifting as copper hit another record and pushed BHP, Rio Tinto and South32 higher. A stronger than expected jump in October spending kept rate chatter alive, knocking property trusts and retailers lower as markets briefly toyed with the chance of an extra hike next year. Energy edged higher on firmer oil, BetMakers popped on a new wagering deal, Nuix announced an AI-powered acquisition, while both Regis Resources and Regis Healthcare stocks finished weaker and Vulcan Energy slid after a major capital raise. 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.

Wall Street advanced on Wednesday as weak ADP jobs data bolstered rate-cut hopes, while US Treasuries gained on signs of labour-market softness. The technology sector ended broadly lower, with Microsoft slipping on reports of weaker demand for some AI tools, though Microchip bucked the trend with a strong jump after an upbeat earnings forecast. In commodities, oil prices climbed as Moscow peace talks failed to gain traction, while copper and silver hit fresh record highs. Back home, Aussie shares are set to edge higher on Thursday ahead of key household spending data. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 barely moved, up only five points, after September quarter GDP showed 0.4 % growth versus the expected 0.7 %. The modest rebound faded as investors eyed US data. November ADP jobs, industrial production and the Fed’s December dot plot. Plus, the RBA’s 2026 rate outlook. Energy and health lagged, while iron ore miners slipped on Vale’s demand downgrade. 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.

US stocks found their footing on Tuesday, lifted by a bitcoin rally after a sharp sell-off. Treasury markets also found firmer ground as traders evaluated the latest signals from the Federal Reserve. In company news, Boeing flew higher on stronger delivery plans, and MongoDB surged after raising its forecast. Gains were tempered, however, by weakness in paper and packaging companies, which weighed on the materials sector. In commodities, gold retreated on profit-taking, oil prices eased amid uncertainty over Russia-Ukraine peace talks, and iron ore advanced on Chinese infrastructure demand. Looking ahead, Aussie shares are poised to edge higher on Wednesday ahead of economic growth data. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Steve and Laura report a modest rise in the ASX200, buoyed by energy and mining gains, while other sectors lagged. US markets have been relatively weak, yet commodity prices pushed Australian shares higher, with oil and gold hitting fresh highs. Look out for tomorrow’s Australian Q3 growth figures and a big US earnings cycle that could test the rally. 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.

Wall Street slipped overnight as rising bond yields and weakness in crypto-exposed stocks weighed on sentiment. US Treasuries also declined, with fresh corporate debt issuance adding pressure after Japan’s bond sell-off last week. Still, Black Friday and Cyber Monday sales helped lift major US retailers. Elsewhere, European markets kicked off December on the back foot, dragged lower by a slide in Airbus. In commodities, oil rose more than a dollar a barrel after OPEC’s latest move, while silver hit a record high as growing rate-cut expectations pressured the US dollar. Back home, Aussie shares are set to open higher, with Collins Foods earnings in focus. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 was down about 0.6% as US futures pointed to a softer start, with the Nasdaq futures dropping around 0.75% and the Dow about 0.5%. Energy shares were the only sector in the green, up roughly 0.5%, while health, financials, tech and real estate all fell. An ASX technical glitch halted 80 stocks, most notably Metcash, which slid 9.2%. Investors will watch the Wednesday update on three‑month Aussie growth, US jobs and inflation data, and the Fed decision due on 10‑11 December. 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.

Wall Street edged higher on Friday as a CME outage disrupted global trading for several hours. The S&P 500 notched its biggest weekly advance since May while the Nasdaq broke its seven-month winning streak in November. Meanwhile, US government bond yields also lifted on expectations of heavy corporate debt issuance. In commodities, OPEC stuck with plans to halt production increases in the March quarter of 2026, and gold surged more than 5% over the month. Back home, Australia is set for a steady start to trade after its worst November since 2014, while home prices hit fresh record 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 into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 closed essentially flat, down only three points, after a volatile November that saw the index fall about three percent for the month but climb 2.4 percent this week, snapping a four‑week losing streak. Rate‑cut hopes were dented by hotter‑than‑expected inflation, while sector performance was mixed. Tech, finance and property fell, but healthcare, consumer staples and WiseTech rose. Upcoming drivers include the OPEC+ meeting, Black Friday sales and Australian economic data on building approvals and September‑quarter growth. 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.

US financial markets are closed for the Thanksgiving holiday on Thursday, while European stocks are heading for a muted finish to November. Bitcoin topped 90,000 on shifting sentiment, and China’s ANTA Sports is reportedly weighing a potential bid for Puma. In commodities, gold slipped from two-week highs while iron ore inched higher on a softer US dollar. Back home, Aussie shares are expected to open lower, snapping a four-day winning streak. 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.

ASX200 was flat after a 0.4% rise early, keeping a 2.3% weekly gain and ending a four week losing streak. Tech stocks outperformed, up about 2%, while energy fell 1.3% on oil price drops ahead of the OPEC meeting. With US markets closed for Thanksgiving, focus shifts to European cues and the upcoming Black Friday Cyber Monday retail surge. 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.

Technology stocks continued to lift Wall Street, helping the market recover ground lost in last Thursday’s sell-off as falling bond yields supported sentiment. The Philadelphia Semiconductor Index jumped nearly 3%, while Dell Technologies rose 6% on strong data-centre demand. Elsewhere, Robinhood shares surged 10% on acquisition developments, whereas John Deere slipped on a grim agriculture outlook. Back home, futures point to gains ahead of today’s business investment data. Farewell, Tom! Your market insights and sharp sense of humour will be greatly missed. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 closed up about 0.7%, marking three consecutive days of gains and a weekly rise of roughly 2.2% after last week’s 2.5% slump. Hotter‑than‑expected inflation (headline 3.8%, core 3.3%) pushed RBA rate‑cut odds down to 24% for May. Materials, health and consumer stocks led the upswing while tech, telcos and utilities fell. Zip jumped 7% and DroneShield 8% after a European defence contract; Temple & Webster slumped 33% on a weak trading update. Looking ahead, US inflation, jobless claims and durable‑goods data, plus the RBNZ, UK budget and Beige Book, will shape market sentiment. 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.

Wall Street extended its rebound overnight as investors looked ahead to the Thanksgiving holiday and grew more confident in a December rate cut. US Treasury yields eased, with the 10-year slipping below 4% as Hassett emerged as the frontrunner for the Fed’s top job. In stocks, Nvidia fell as its rivalry with Google intensified, while Abercrombie's stock surged despite a general retail pullback. In commodities, oil declined as ongoing Ukraine–Russia talks raised expectations of improved supply. Back home, Aussie shares are expected to extend gains on Wednesday, with key inflation data and New Zealand’s rate decision in focus. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The Aussie market caught its breath today after yesterday’s strong rebound. We traded in a tight range for most of the session and finished up a touch, enough to make it two days of gains. Miners did the heavy lifting, rising about 1.7% thanks to firmer iron ore and stronger gold prices, while financials slipped roughly 0.7%. Bendigo and Adelaide Bank tumbled more than 7% after flagging deficiencies in money-laundering risk systems while on the other hand, Webjet impressed with record results and lifted 9%. Tonight is packed with US economic data, and tomorrow’s local inflation numbers at 11:30 a.m. will be the major focus, with headline annual inflation expected to push towards 3.9%. 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.

Wall Street surged overnight as technology stocks powered higher and rate-cut optimism strengthened, with bond yields falling after dovish comments from Fed officials. Elsewhere, Broadcom joined Alphabet in leading the AI-driven rally, while Novo Nordisk slipped on disappointing Alzheimer’s trial results. Oil and gold rose as a weaker US dollar provided support. Back home, Aussie shares are set to extend gains on rising commodity prices. Meanwhile, Trump said he plans to visit China. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 jumped 1.3% on Monday, snapping a week of declines and lifting the index to within 6.5% of its October record high. Tech and industrial stocks led the rise, while energy fell as oil slipped. Notable moves included Qube soaring 19.5% on a $11.6 bn Macquarie offer and DroneShield edging higher despite a steep MTD loss. Investors will watch Wednesday’s inflation print, the US Fed rate decision on 10 Dec, and a busy roster of AGMs later in the week. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

US stocks staged a spirited recovery following Thursday’s drubbing, helped by comments from the New York Fed governor that signalled support for interest-rate cuts. Healthcare stocks led sector gains, with Eli Lilly up 1.6%, while Nvidia climbed on renewed optimism for its China sales outlook. In commodities, oil prices ended lower on Friday, settling at one-month lows. Back home, Aussie shares are expected to rebound on Monday from five-month lows. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The Aussie market ended the week in the red, falling 1.6 percent after touching a six month low at the open, with a hotter US jobs report keeping investors on edge ahead of the Fed's December decision. Wall Street's weak lead weighed on every major sector locally, especially materials and energy, while the major banks extended their recent slide. Lovisa sank on softer like for like sales, while WiseTech was one of the few winners after reaffirming guidance at its AGM. With November now shaping up as the ASX's worst month in more than two years, attention turns to next week's backlog of US economic data and local inflation figures. 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.

Wall Street slumped late in the session with the S&P 500 erasing a 2% gain as Nvidia led the sector lower. Nvidia turned negative, unwinding its post-earnings rally, while Palo Alto Networks announced plans to acquire Chronosphere. Walmart lifted its outlook, and U.S. data showed solid September job gains even as the unemployment rate ticked higher. In commodities, oil dipped on renewed hopes for a Ukraine–Russia peace plan, gold fell as strong U.S. jobs data dimmed the prospects of a December rate cut, and iron ore retreated on supply-glut concerns. Back home, Aussie shares are expected to drop amid a spike in volatility, while a risk-off tone weighs on the Aussie dollar. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 jumped 1.3% on Thursday, its best day in weeks, driven by a strong recovery in global stocks and NVIDIA’s better‑than‑expected earnings and upbeat revenue guidance, which lifted Australian tech shares about 2.4%. Energy and utilities fell modestly, while materials and real‑estate rose. Looking ahead, the market will watch US September jobs data and the Fed’s December rate‑cut odds, plus a busy roster of AGMs and an RBA Assistant Governor address. 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.

Wall Street gave up early gains as investors turned cautious ahead of Nvidia’s earnings, while the latest Fed minutes showed many officials leaning against a December rate cut. Elsewhere, Alphabet shares jumped on rave reviews for its new Gemini AI model, Lowe’s beat profit estimates on strong online growth, and Target’s scaled-back outlook signalled a tougher road ahead for its incoming CEO. In commodities, oil slumped on a US inventory build while copper rebounded on supply concerns, and the US dollar climbed to a five-week high. Back home, Aussie shares are expected to edge higher ahead of a busy week of AGMs. 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.

Australian shares slipped around 0.3% to a six month low as the ASX200 continues its recent decline while US markets fell for a fourth day and await key jobs data. Investors eye NVIDIA’s earnings as a catalyst. Energy and property trusts rose but the big banks fell 1-2%. Upcoming UK/EU inflation, US oil inventories and RBA commentary add focus. 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.

Wall Street extended its losing streak, with the S&P 500 falling for a fourth straight day as investors braced for Nvidia’s high-stakes AI results. In company news, Microsoft and Nvidia announced plans to invest up to $15 billion in Anthropic, while Home Depot slipped after cutting its forecast on weaker demand. In the commodities market, oil prices steadied as traders weighed the impact of Russian sanctions. Back home, Aussie shares are expected to hover near five-month lows on Wednesday ahead of wages data, while CSL plans to invest $1.5 billion in US drug manufacturing. 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.

Australia’s ASX200 fell about 2 % to a five month low, the worst single‑day drop since April. Tech stocks led the sell‑off, down roughly 6 % amid US AI worries and pending NVIDIA results. Lithium miners and James Hardie bucked the trend, while the RBA kept rates at 3.6 % and markets priced a 40 % chance of a cut next May. Upcoming US data and earnings keep outlook uncertain. 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.

Wall Street opened the new trading week on a downbeat note as investors looked ahead to Nvidia’s earnings. HP and Dell slumped 9% on analyst downgrades, while Alphabet bucked the broader tech weakness on news related to Warren Buffett. Lithium stocks soared on an improved price outlook, though broader commodity prices eased on dollar strength. Back home, Aussie shares are expected to fall further from four-month lows ahead of today’s RBA minutes. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The ASX200 slipped to a four‑month trough early on 17 Nov but recovered to finish flat, up two points, ending a streak of four losing days. Markets are wary ahead of NVIDIA's earnings and US rate‑cut uncertainty, while hotter Aussie jobs data and weak Chinese numbers pressure sentiment. Energy and tech lead gains; look out for NVIDIA results, RBA minutes and FED minutes this week. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Wall Street ended mixed as investors weighed AI-linked earnings, with stocks recovering from early session lows ahead of Nvidia’s results. Energy names clawed back recent losses, while DoorDash rebounded after a sharp investor sell-off. Meanwhile, bond yields rose as traders questioned the likelihood of imminent Fed rate cuts. Back home, futures point to losses for the ASX 200 on Monday as investors await the release of the RBA minutes. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

The Aussie market suffered its worst day in about ten weeks on Friday, sliding 1.4% and hitting a four month low as a mix of rate concerns, weak China data and a tech sell-off pushed the ASX lower for a fourth straight session. Tech led the declines with a 4.5% drop, leaving the sector down more than 9% for the week, while the major banks also weighed heavily, including CBA which shed more than 10 percent across the past five days. Energy was the only sector to turn positive late in the day as oil prices bounced after reports of a Ukrainian drone strike on a Russian export hub. China’s latest figures added to the gloom, showing further weakness across investment, property and factory activity. Company news was limited, though Megaport tumbled after a capital raise and DroneShield rebounded slightly from yesterday’s sharp fall. Looking to next week, Nvidia’s results are set to dominate global market sentiment, alongside local wage data, RBA minutes and a busy run of AGMs. 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.