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Morning Report 02 Aug 24: ASX to plunge as US stocks routed on economic worries
Manage episode 432006262 series 3531694
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Join Tom and Ryan as they discuss the week ahead in Aussie and global markets. Wall Street falls on growth concerns, while Amazon plunges 5% on weaker-than-expected results. The Bank of England cuts interest rates for the first time in four years, and European automakers struggle with earnings misses. The chip stock route resumes, and falling commodity prices weigh on the Aussie dollar.
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