The Australian share market reached a fresh record high, driven by strong mining gains and positive global sentiment. Hopes of easing Middle East tensions pushed oil prices lower, benefiting broader markets. US earnings season momentum and strong overnight performances in key indices supported local optimism heading into a busy week of results.

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.

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