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CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes. Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into ...
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Few careers have the kind of daily worldwide impact as software engineering. It shapes the interactions that billions of people have online across so many moments of their days. So, how do software engineers keep ahead of the world's increasing reliance on IT solutions? Welcome to SEEK Bytes, a podcast for software engineers, by software engineers who work at SEEK, an Australian-founded leader in online employment marketplaces. Each fortnight, our team of hosts and guests will explore intern ...
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Welcome to World News Daily, brought to you by Brief! Our AI selects the latest stories and top headlines and then delivers them to you each day in less than ten minutes (for more details, visit www.brief.news/how-it-works). Tune in to get your daily world news, global updates, the latest developments about Israel war, Ukraine war, the Red Sea tensions involving Yemen's Houthis, and more. Don't miss out on the most important news stories impacting our world today. Want to get these updates b ...
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The Australian market declined after mixed data from China today, Australia's largest trading partner. Despite reaching record highs earlier in the week, the market is set to lose those gains due to concerns over China's economic performance, particularly in property investment and GDP growth. Domestically, financials led sector gains, while energy…
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Wall Street consolidates on signs of a strengthening U.S. economy, with retail sales as a key highlight. U.S. bond yields surge as traders scale back expectations of Fed rate cuts. In Europe, German shares reach record highs after the ECB lowers interest rates. Meanwhile, Aussie shares are set to decline as a robust job market dashes hopes for an R…
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(0:10): Ex-Mexican Security Chief Sentenced for Sinaloa Cartel Bribes, Highlighting Deep Corruption in Anti-Drug Efforts (2:17): Labour MP Kim Leadbeater Pushes for Assisted Dying Bill Amid Strong Public Support and Ethical Concerns (4:13): Australia Donates 49 Abrams Tanks to Ukraine in $245M Military Aid Boost (6:12): World Bank Warns Gaza War Da…
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The ASX200 hit a new record high, up 0.7%, marking the second record this week, despite stronger-than-expected jobs data. The Australian labor market added 64,100 jobs, far exceeding expectations and dampening hopes for an imminent rate cut, now more likely in early 2024. While most sectors performed well, materials and tech stocks saw declines, th…
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Wall Street recovers as buyers return to the market following yesterday's retreat. The transport sector saw significant gains, with Morgan Stanley's United Airlines surging after strong earnings, marking its biggest rise since 2020. Tech stocks remained flat after yesterday's plunge, with ASML, which led the chip stock decline, dropping another 7%.…
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(0:10): EU's 2035 Combustion Engine Ban Sparks Industry Fears, Job Losses & Market Shifts (2:31): France Seizes Over €70 Million in Russian Oligarchs' Luxury Real Estate Amid Money Laundering Probe (4:37): UK Tribunal Rules University Wrongfully Dismissed Professor Over Anti-Zionist Views, Affirms Legal Protection (6:35): European Universities Laun…
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The Australian market pulled back slightly from its recent record high, following a decline in U.S. markets. Financial and property sectors were the only ones in positive territory, buoyed by strong earnings from U.S. banks. Bank of Queensland shares surged 6% despite mixed results, while Baby Bunting rose after brokers raised their price targets. …
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Wall Street ended lower yesterday, weighed down by a sharp decline in chip stocks, with ASML logging its largest one-day drop in 26 years. According to a BofA survey, global equity optimism is rising, with expectations of avoiding a recession. Meanwhile, Apple shares reached a record high following the announcement of a new iPad mini. Oil plunged 4…
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(0:10): Biden Administration Weighs AI Chip Export Limits to Middle East Amid National Security Concerns (1:56): Panda Diplomacy Resumes: Bao Li and Qing Bao Arrive at Smithsonian's National Zoo (3:59): Father and Family on Trial for Murder of 10-Year-Old Sara Sharif in Brutal Abuse Case (6:02): EEA Report Warns of Europe's Water Crisis: Urgent Act…
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The Australian stock market reached new record highs, driven by gains in the materials and financial sectors. Financials have been a standout performer, up 25%, while miners continue to lag behind, down 8%. Energy stocks struggled, reflecting a global easing in oil price fears. Notable company performances include HUB24, which hit an all-time high …
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Technology stocks lead Wall Street higher as investors await earnings reports. In the U.S., bond markets are closed Monday for Columbus Day. Nvidia has reached new record highs, boosting chip stocks, while oil prices slumped as OPEC lowered its demand forecast. The U.S. dollar hit a nine-week high after China’s lending and trade data fell short of …
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(0:10): France Proposes New Immigration Law, Extending Detention Periods to 210 Days Amid Political Divisions (2:06): Historic Verdict: Ex-Stasi Officer Sentenced to 10 Years for 1974 Murder of Polish Citizen (4:00): Public Inquiry Begins into Dawn Sturgess's Novichok Death, Seeking Justice and Accountability (5:59): Marine Le Pen Faces Trial for A…
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The week has started off well coming close to a record high following a strong performance from US markets. Laura and Stevie unpack the mixed performance of the sectors with mining stocks the standouts today and look to what to watch in the week ahead with a lot of data and information that could impact local markets. They discuss the company annou…
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The broader U.S. market has reached a new record high for the 45th time this year, driven by gains in bank stocks. JP Morgan rose 4% on encouraging earnings, providing a boost to Wall Street. In corporate news, Tesla shares plunged nearly 9% after a disappointing Robotaxi event, while Uber surged 11% on a surprise earnings report, hitting an all-ti…
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(0:10): AI Pioneers Win Nobel Chemistry Prize Amid Rising Concerns Over Ethical Implications (2:46): Asian Stocks Surge as Investors Eye China's Expected Stimulus; U.S. Dollar Dips, Oil Prices Edge Up (4:40): Internet Archive Hit by Major DDoS Attack and Data Breach, Millions of Users Affected (6:30): Turkey Evacuates Citizens from Lebanon Amid Isr…
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It was a quiet session today but the week still looks set to finish higher. Unpacking the session solo Laura reflects on a week that has seen record performances, following suit with US markets which were fuelled by inflation numbers that came in higher than anticipated. Laura deep-dives into these inflation figures, the stocks that caught her atte…
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U.S. CPI rises more than forecast, stalling inflation progress, while jobless claims hit a yearly high due to Hurricane Helene. AMD launches an AI chip to rival Nvidia. Oil prices surge 4% amid U.S. storm impacts and Israel-Iran tensions, while copper rebounds ahead of expected China stimulus. Meanwhile, Aussie shares are likely to end the week low…
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(0:10): Marriott to Pay $52M for Data Breaches, Vows Enhanced Security Measures (2:10): UNICEF Report Reveals Staggering Global Sexual Violence: 650 Million Women and Girls Affected (4:38): Zelenskyy Rallies Europe for Military Aid Amid Escalating Conflict with Russia (6:55): US Confirms Sinwar Hiding in Gaza; Biden Calls for Urgent Diplomacy to Fr…
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Aussie stocks rebounded today with the ASX200 up by roughly a third of a percent, nearing a record high, despite some midday fading. Mining and energy sectors led the charge, fuelled by hopes for Chinese stimulus and Rio Tinto's $10 billion acquisition of Arcadium Lithium, its biggest deal in 17 years. Lithium miners surged, with Arcadium's shares …
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The S&P 500 is steadily approaching record highs, driven by gains in technology stocks as investors largely shrugged off geopolitical concerns in the Middle East. The Federal Reserve's meeting minutes revealed a robust debate over the size of the September rate cut, while U.S. 10-year Treasury yields have risen for six consecutive sessions. In corp…
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(0:10): Trump's Secret Calls with Putin and Harris' Criticism Highlight Tense Election Battle (2:09): Netanyahu Warns Lebanon of Gaza-Like 'Destruction' as Israel Deploys More Troops Amid Escalating Conflict (4:24): Brazil's Supreme Court Lifts Ban on X After Compliance with Court Orders (6:08): OpenAI Expands to Singapore and France, Investing $1 …
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The market has edged slightly higher today with declines coinciding with those seen on the Chinese market. Laura and Stevie unpack this performance which saw local markets run out of steam as the session went on, and how the resource space was impacted. Many of the sectors saw improvements today in excess of 1%, oil and iron ore prices are in focus…
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