AM 10 Sep 26: Oil surges above $100 a barrel
About this episode
The episode discusses the surge in oil prices due to escalating tensions in the Middle East and its impact on global markets.
Escalating tensions in the Middle East rattled global markets overnight after US and Iranian attacks on tankers pushed oil above US$100 a barrel for the first time since late July. Wall Street fell as inflation concerns sent bond yields higher, with the ASX poised to follow with a sharp drop at the open. Plus, what the US bond market is signalling about the path for interest rates. 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
- oil prices
- global markets
- inflation concerns
- interest rates
- bond yields
Keywords
- oil
- Middle East
- inflation
- bond yields
- interest rates
- Wall Street
- ASX
Mentioned in this episode
Places: Middle East, US, 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
- 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
- AM 08 Sep 26: ASX set to slip as oil reaches six-week highs
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