The COB from ausbiz

The market got smoked today - closing down 0.9%. CSL and the miners were down around 1.5% and gold also took a hit...


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The market got smoked today - closing down 0.9%. CSL and the miners were down around 1.5% and gold also took a hit. The banks managed to offset some of the losses, benefiting from J Powell's Jackson Hole speech last night which sparked a rise in longer dated bond yields. The AUD also benefited from more positivity around the US economy, crossing the 73 cent mark for the first time in two years. Our top three VODs today are:

When Gerry met Gemma

AFG CEO: "COVID-19 is a watershed moment for mortgage brokers"

CEO Chat: The vintner biding its time when it comes to China


Have a great weekend...

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