CommSec Market Update

Market Close 17 Jan 25: Market jitters ahead of Trump inauguration


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The Aussie market experienced a rollercoaster week, with sharp swings and rebounds as investors digested key local and global developments. Chinese economic data surprised to the upside, with retail sales and production beating expectations. Insignia Financial surged 6.3% amid an ongoing bidding war, while Rio Tinto slipped on weaker production and reports of potential merger talks with Glencore. Globally, attention turns to Donald Trump’s upcoming inauguration, with market uncertainty around trade policies, and US reporting season kicks off with major updates from Netflix, Intel, and Johnson & Johnson. Locally, top miners like BHP and Fortescue are set to release updates next week.

 

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