CommSec Market Update

Morning Report 7 May 24: Aussie shares expected to lift ahead of interest rate decision


Listen Later

 US investors return with optimism, driving a positive start to the week with the Dow Jones, S&P 500, and NASDAQ all posting gains. The Philadelphia Semiconductor Index also sees a notable rise. Amidst discussions on potential interest rate cuts by the US Federal Reserve, Tom and Ryan navigate through the intricacies of market sentiment, buoyed by solid earnings reports and geopolitical developments, including a ceasefire proposal in the Israel-Hamas conflict. And attention shifts to Australia's Reserve Bank today, set to announce its interest rate decision against a backdrop of strong domestic inflation and tightening job market conditions.

 

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.

...more
View all episodesView all episodes
Download on the App Store

CommSec Market UpdateBy CommSec

  • 5
  • 5
  • 5
  • 5
  • 5

5

1 ratings


More shows like CommSec Market Update

View all
Motley Fool Money by LiSTNR

Motley Fool Money

93 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

14 Listeners

The Money Puzzle, with James Kirby by The Australian

The Money Puzzle, with James Kirby

45 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

62 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

13 Listeners

Your Wealth by NAB

Your Wealth

8 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

17 Listeners

Australian Finance Podcast by Rask

Australian Finance Podcast

30 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

3 Listeners

The Call from ausbiz by ausbiz

The Call from ausbiz

7 Listeners

Investing Compass by Morningstar Australia

Investing Compass

26 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

35 Listeners

Chanticleer by Australian Financial Review

Chanticleer

17 Listeners

The Fin by Australian Financial Review

The Fin

18 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

4 Listeners