AM 05 Oct 26: ASX set to follow Wall Street’s gains

4 Oct 2026 · 8:45

Episode AM 05 Oct 26: ASX set to follow Wall Street’s gains

0:00 8:45

Wall Street advanced on Friday after weaker-than-expected US jobs data eased expectations of another Federal Reserve rate hike this month. The ASX is poised to follow with a positive open as trading gets underway despite public holidays in some states, while oil prices eased after G7 countries agreed to release supplies from emergency reserves. Plus, why easing inflation doesn’t necessarily mean households are feeling relief from higher prices.

Gillian Bowen, Head of Media and Markets at CommSec, takes you through all the key numbers.

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