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James Gruber

๐Ÿ‘ค Speaker
1119 total appearances

Appearances Over Time

Podcast Appearances

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Gold futures fell to a one-month low as investors remained concerned about inflation stemming from the war.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

The futures settled down 1% to US$4,561 an ounce.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Iron ore futures, meanwhile, were steady at 107.15 US dollars a ton.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Let's take a look at currencies.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

They were lower against the US dollar.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

The euro dipped 0.3% to 1.1675 US dollars.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

The Japanese yen dropped 0.5% to 160.37 yen.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

And the Aussie dollar slumped 0.9% to 71.15 US cents.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Let's head to Wall Street.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

The Dow Jones index finished down 0.6%, while both the S&P 500 and Nasdaq were flat.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

A closer look at the trading day there.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Wall Street moved lower on Wednesday, mostly with spiking crude prices fanning inflation worries as the Federal Reserve left interest rates unchanged.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Among the 11 major sectors of the S&P 500, energy stocks benefiting from the jump in crude prices led the gainers.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Materials and utilities were down the most.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Robinhood markets fell 13% after the online brokerage missed first quarter profit expectations.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Shares of data storage companies climbed following an upbeat fourth quarter forecast from Seagate Technology.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Seagate jumped 10%, while Peers, SanDisk and Western Digital gained between 6.3% and 5.7% respectively.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Starbucks advanced 8% after raising its annual profit forecast.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

Meanwhile, Visa jumped 8% also after the payments processing company raised its forecast for full-year earnings.

CommSec Market Update
Morning Report 30 Apr 26: ASX to fall as oil soars

U.S.