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Laura Bessarati

๐Ÿ‘ค Speaker
1053 total appearances

Appearances Over Time

Podcast Appearances

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

XDIV on Friday.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

Then right at the tail end of the week, we get US jobs data, which is going to be very closely watched.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

And we also have the Macquarie Conference, which is essentially a three-day event when over 100 Aussie and New Zealand-based companies host presentations.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

They talk about macroeconomic themes and they also talk about what's been shaping their businesses.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

So this is certainly something that could see share prices moving around on the days that the company presents, especially if the company sounds upbeat about their future or if they warn

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

about a profit downgrade.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

So that'll be, as I mentioned, a three-day event between Tuesday and Thursday, which could see share prices move around.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

So another busy week ahead.

CommSec Market Update
PM 01 May 26: ASX snaps 8-day losing streak

Thank you for tuning in this whole week and we'll chat to you again on Monday morning.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

a listener production.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

And what pushed oil prices to their highest level since 2022?

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Well, Stevie, an eighth straight session of declines.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

That means it's been our longest losing streak since September 2018.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

So you have to go back about seven and a half years to find a longer losing streak.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

So if we get to nine days, I'm going to have to take some time to go back through every single day like I have been doing, maybe go back even more years to find out when the last longest losing streak was.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

I'm glad we both did it separately.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

All right, let's look at what's happened over the course of the month first, and then we'll look at what's happened today, because as you point out, it's been a turbulent month.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

This is on the back of, of course, the very fluid situation between the US and Iran.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

It's dragged on, of course, for another month, and the conflict has entered a ninth week.

CommSec Market Update
Market Close 30 Apr 26: Oil hits wartime high

Now, early in the month, as you said, the Aussie market was up closer to 6%.