
Sign up to save your podcasts
Or
The Aussie share market started strong but lost steam by the close, ending slightly lower and breaking its winning streak—despite upbeat economic data from China. Energy, mining, and healthcare stocks dragged the market down, while major banks and gold stocks lifted. On the flip side, Mineral Resources tumbled after two board resignations, and Rio Tinto dropped on weak quarterly results. Investors are eyeing key U.S. economic data and an interest rate decision from Canada tonight, while tomorrow’s Australian jobs report will be crucial in shaping expectations for a potential RBA rate cut in May.
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.
5
11 ratings
The Aussie share market started strong but lost steam by the close, ending slightly lower and breaking its winning streak—despite upbeat economic data from China. Energy, mining, and healthcare stocks dragged the market down, while major banks and gold stocks lifted. On the flip side, Mineral Resources tumbled after two board resignations, and Rio Tinto dropped on weak quarterly results. Investors are eyeing key U.S. economic data and an interest rate decision from Canada tonight, while tomorrow’s Australian jobs report will be crucial in shaping expectations for a potential RBA rate cut in May.
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.
88 Listeners
21 Listeners
47 Listeners
8 Listeners
14 Listeners
63 Listeners
28 Listeners
4 Listeners
5 Listeners
7 Listeners
26 Listeners
31 Listeners
15 Listeners
16 Listeners
5 Listeners