Laura Bessarati
๐ค SpeakerAppearances Over Time
Podcast Appearances
XDIV on Friday.
Then right at the tail end of the week, we get US jobs data, which is going to be very closely watched.
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.
They talk about macroeconomic themes and they also talk about what's been shaping their businesses.
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
about a profit downgrade.
So that'll be, as I mentioned, a three-day event between Tuesday and Thursday, which could see share prices move around.
So another busy week ahead.
Thank you for tuning in this whole week and we'll chat to you again on Monday morning.
a listener production.
And what pushed oil prices to their highest level since 2022?
Well, Stevie, an eighth straight session of declines.
That means it's been our longest losing streak since September 2018.
So you have to go back about seven and a half years to find a longer losing streak.
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.
I'm glad we both did it separately.
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.
This is on the back of, of course, the very fluid situation between the US and Iran.
It's dragged on, of course, for another month, and the conflict has entered a ninth week.
Now, early in the month, as you said, the Aussie market was up closer to 6%.