Market Close 14 Jan 26: Aussie market hovers near two‑month high

The ASX200 barely moved, up 0.7 points and still near a two‑month high, about 3.3 % below last year’s record. Materials hit a fresh all‑time high (+0.9 %), while energy rose 2.3 % on oil gains. Financials fell 1.7 % led by CBA. Softer US inflation leaves the Fed likely to hold rates, with its decision and major US bank earnings later this week, and Australian jobs data due Thursday. 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.