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Morning Report 16 Aug 24: ASX to rise for a sixth day as US retail data ignites global rally
Manage episode 434458618 series 2978934
Wall Street surges as stronger retail sales boost investor sentiment, while Aussie investors are focused on NAB's trading update today. The S&P 500 and NASDAQ achieved a six-day winning streak, with big-box retailers climbing after Walmart's strong results. Meanwhile, copper and oil prices rise on hopes of a soft landing, while iron ore hits a 14-month low.
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.
666 episodes
Manage episode 434458618 series 2978934
Wall Street surges as stronger retail sales boost investor sentiment, while Aussie investors are focused on NAB's trading update today. The S&P 500 and NASDAQ achieved a six-day winning streak, with big-box retailers climbing after Walmart's strong results. Meanwhile, copper and oil prices rise on hopes of a soft landing, while iron ore hits a 14-month low.
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.
666 episodes
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