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Morning Report 11 July 24: Wall Street surges to new record highs

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Content provided by CommSec. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CommSec or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The ASX200 is set for solid gains at the start of trade, with futures pointing to a nearly 1% increase following new record highs in the US market. Oil prices have risen due to evidence of improving US demand, and precious metals have firmed as the Greenback softens. US Federal Reserve Chairman Jerome Powell has reiterated his stance on rate cuts and technology names lead Wall Street higher. European markets have recovered from recent losses, and the Australian dollar remains steady against the Greenback.

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.

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617 episodes

Artwork
iconShare
 
Manage episode 428236060 series 3531694
Content provided by CommSec. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CommSec or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The ASX200 is set for solid gains at the start of trade, with futures pointing to a nearly 1% increase following new record highs in the US market. Oil prices have risen due to evidence of improving US demand, and precious metals have firmed as the Greenback softens. US Federal Reserve Chairman Jerome Powell has reiterated his stance on rate cuts and technology names lead Wall Street higher. European markets have recovered from recent losses, and the Australian dollar remains steady against the Greenback.

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.

  continue reading

617 episodes

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