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Gillian Bowen

๐Ÿ‘ค Speaker
468 total appearances

Appearances Over Time

Podcast Appearances

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

So, James, what have been some of the key moves from Friday's session?

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

Okay, so if we turn to European markets, the continent-wide FTSE Euro First 300 index ended 0.7% lower, while the UK FTSE 100 fell 0.4% on Friday.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

So European shares slipping in broad-based losses as an earlier flare-up in the Middle East conflict that we've been talking about.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

hit risk sentiment at the end of the week, which was dominated by geopolitics.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

So most subsectors declined, with financials and industrials the biggest drags, down 0.7% and 1.5% respectively.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

Rheinmetall tumbled 9.2% after a broker downgrade.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

British Airways owner IAG shed almost 3% after forecasting lower annual profit than expected due to soaring jet fuel costs.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

Okay, let's take a look at what's on the watch list.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

In Australia, as I mentioned at the top, it's Budget Week.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

After plenty of speculation, all will be confirmed when the Treasurer gets to his feet in the House of Representatives tomorrow night.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

There'll be analysis from the CBA economics team, which will be on CBA Newsroom and socials.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

And we'll touch on any relevant details here on the podcast on Wednesday and beyond.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

And of course, the share market's reaction.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

Earnings updates from companies continue with Dino Noble today.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

In the US, a full Senate confirmation vote on Federal Reserve Chair-designate Kevin Walsh may happen early this week.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

Earnings season is winding down this week, though, with Fox to report today.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

US inflation figures are out on Tuesday, while Donald Trump is due to meet with the Chinese president late this week as well.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

So plenty on.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

It's time for our one more thing before we go.

CommSec Market Update
AM 11 May 26: ASX to fall, big budget week ahead

James, what do you have for us today?