PM 21 Aug 26: ASX dips ahead of earnings bonanza

The Australian share market retreated for a second consecutive week as a deluge of earnings results and softer employment data weighed on sentiment. Energy stocks found support from geopolitical tensions, while financials struggled after banks flagged softer mortgage applications. Key upcoming events include Australian inflation data and US earnings from major tech firms, with another busy week of local results expected to drive trading. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean. Check out our Market News page Follow us on:InstagramLinkedInYouTubeTikTok 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.