The Australian share market recovered from early losses to close modestly higher on Monday as geopolitical tensions eased following weekend developments in the Middle East. Energy stocks declined as oil prices fell, while gold miners rallied. Reporting season begins this week, with earnings expected to accelerate through August.

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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