AM 08 Sep 26: ASX set to slip as oil reaches six-week highs
About this episode
The episode discusses the impact of rising oil prices and Middle East tensions on the ASX and Australian mineral exploration.
Middle East tensions escalated overnight as Iran threatened energy infrastructure across the region, pushing oil prices to their highest levels in six weeks and fuelling fresh inflation concerns. The ASX is poised to edge lower after directionless trade in Europe and a public holiday in the US. Plus, why soaring commodity prices are driving a surge in Australian mineral and petroleum exploration. James Gruber, Equity Market Strategist at CommSec takes you through all the key numbers. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.
People in this episode
Host: CommSec
Guest: James Gruber
Topics covered
- ASX
- oil prices
- inflation
- commodity prices
- mineral exploration
- energy infrastructure
Keywords
- ASX
- oil prices
- inflation
- commodity prices
- mineral exploration
- energy infrastructure
Mentioned in this episode
Places: Middle East, Australia
More episodes of CommSec Market Update
- AM 11 Sep 26: ASX to extend losses as oil soars
- PM 10 Sep 26: ASX posts worst day in 3 months
- AM 10 Sep 26: Oil surges above $100 a barrel
- PM 09 Sep 26: ASX slides on rising tensions
- AM 09 Sep 26: ASX poised to open higher, Wall Street drops
- PM 08 Sep 26: ASX Slides To Six Week Low
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