
The episode discusses the impact of surging oil prices on the ASX and global markets, along with insights on the US Treasury Secretary's role amid rising tensions in the bond market.
Oil prices surged above US$107 a barrel overnight as escalating attacks on shipping fuelled fears of further supply disruptions, pushing bond yields higher and global share markets lower. The ASX is poised to extend yesterday’s losses with another sharp fall at the open. Plus, why all eyes are on the US Treasury Secretary as tensions build in the American bond market. Join James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, as they take 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.
Hosts: James Gruber, Gillian Bowen
Organizations: Commonwealth Securities Limited
Places: Australia
Explore listener stats, chart rankings, contacts and more on the CommSec Market Update podcast page.