Steve Daghlian

A reminder that it rose by close to 4% on Tuesday, though, and that was on reports that Chinese officials are allowing a number of steel mills to buy some of its iron ore cargos, and this is following a month-long dispute.

And Mesoblast actually is one of the standouts today.

It's lifting by roughly 8%.

The biotech, which develops treatments for life-threatening inflammatory conditions, announced an acquisition, which it reckons might help the company with its product pipeline.

We will.

And we also get a weekly update on crude oil inventories tonight as well.

This is an update that gives us an idea of how much oil is being held in the United States.

Of course, oil, fuel, all of that are receiving plenty of attention at the moment.

We'll also get Bank of America, Morgan Stanley, a number of other banks out with their earnings.

And tomorrow, we've got those job figures, which will be released in Australia at 11.30am.

Very important when it comes to interest rate movements in a couple of weeks' time.

Have a good evening.

Bye.

This podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited, ABN 60067254399, AFSL 238814.

The information does not take into consideration your objectives, financial situation or needs.

Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.

Aussie stocks lift as hopes for a US-Iran agreement stay alive.

Good afternoon, I'm Steve Daglian.

It's Tuesday the 14th of April.

Welcome to the ComSec Market Update.