Markets were jolted late in the NY session after Fed Chair Powell sounded more cautious about future rate hikes. Equities responded positively (S&P500 +1.9%), while US bond yields and the US dollar fell. The AUD and NZD benefitted the most among G10 currencies.

Markets were jolted late in the NY session after Fed Chair Powell sounded more cautious about future rate hikes. Equities responded positively (S&amp;P500 +1.9%), while US bond yields and the US dollar fell. The AUD and NZD benefitted the most among G10 currencies.

Finance AM 29 Nov

This is your daily morning briefing. With commentary and analysis from Westpac's Institutional Research team, Finance AM brings you insights on today's business news, the markets, FX and more. In one short bulletin, you'll get the heads up on what will drive markets in the day ahead. 

Any information provided in this podcast series is general in nature and has been prepared without taking into account any personal circumstances.

Business

This is your daily morning briefing. With commentary and analysis from Westpac's Institutional Research team, Finance AM brings you insights on today's business news, the markets, FX and more. In one short bulletin, you'll get the heads up on what will drive markets in the day ahead. Any information provided in this podcast series is general in nature and has been prepared without taking into account any personal circumstances.

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Finance AM 29 Nov

Finance AM 29 Nov

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