Tom and Ryan unpack the recent US interest rate decision, which saw rates remaining unchanged but with promising remarks hinting at potential cuts, igniting positive market reactions. Despite initial speculations, analysts now foresee three rate cuts in 2024, fuelling investor optimism and propelling the S&P500; index to record highs above 5200 points, with Paramount leading the charge.
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.
 
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Morning Report 21 Mar 24: US stocks hit record highs as fed pencils in future rate cuts

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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.

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The US markets caught attention last night with interest rate discussions suggesting that it isn’t all doom and gloom.  Laura and Craig discuss this announcement which ruled out rate hikes, how the jobs figures could shift the Aussie market at the end of the week, and the performance that we saw today.
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.

Market Close 2 May 24: A better day for the Aussie market ahead of US jobs figures

In a whirlwind day on Wall Street, investors hang on every word from Jerome Powell, causing a roller coaster of market reactions. Meanwhile, Aussie shares brace for a lower opening amidst anticipation for National Australia Bank's key earnings report. 
 
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.

Morning Report 2 May 24: ASX to slip despite Powell soothing rate jitters

The market has declined today following in the footsteps of international movements.  Laura and Stevie recap the sector performances of the past month and then look to their performance today.  They talk through some of the big market movers for the day and look to what could lie ahead for the Aussie market ahead of upcoming international announcements.
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.

Market Close 1 May 24: Markets cautious ahead of US rate decision

US stocks faced downward pressure overnight due to reinvigorated inflation concerns, leading to expectations of a similar trend in Aussie shares, anticipated to start May on a negative note after experiencing their worst month since October. Stronger wages data in the US fuelled fears of inflation and prompted a downturn in the stock market, which could result in a hawkish pivot by the US Federal Reserve at tonight's meeting. Tom and Ryan also discuss developments in commodity markets, such as fluctuations in oil and gold prices, along with Australian home price data and the ongoing BHP-Anglo American deal.
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.

Morning Report 1 May 24: ASX to drop as hot US labour data sinks Wall Street

US key earnings results and market moving data are expected this evening, Craig and Stevie discuss what investors should be watching and the impact that this could have on the market.  While performance has been mixed today, they unpack each of the sectors looking at the big winners and losers, give an update on interest rate expectations, and what to expect in the days ahead.
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.

Morning Report 21 Mar 24: US stocks hit record highs as fed pencils in future rate cuts

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