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Morning Report 23 Aug 24: ASX to end ten day winning streak
Manage episode 435631870 series 2978934
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.
Wall Street retreats as investors brace for a speech from Jerome Powell, who is expected to temper market expectations for aggressive interest rate cuts. The NASDAQ slid amid rising Treasury yields, with Powell’s remarks looming. Meanwhile, BMW surpassed Tesla to lead Europe in EV sales while earnings reports from Ingham's Group are anticipated. The ASX is set to open in negative territory, breaking its ten-day winning streak. Oil prices have rebounded after four days of declines, while the Aussie dollar eased as the US dollar gained strength.
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.
732 episodes
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Manage episode 435631870 series 2978934
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.
Wall Street retreats as investors brace for a speech from Jerome Powell, who is expected to temper market expectations for aggressive interest rate cuts. The NASDAQ slid amid rising Treasury yields, with Powell’s remarks looming. Meanwhile, BMW surpassed Tesla to lead Europe in EV sales while earnings reports from Ingham's Group are anticipated. The ASX is set to open in negative territory, breaking its ten-day winning streak. Oil prices have rebounded after four days of declines, while the Aussie dollar eased as the US dollar gained strength.
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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Similar to CommSec Market Update
Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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continue reading
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…
continue reading
A weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon. Want more Slate Money? Subscribe to Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. Subscribe now on Apple Podcasts by clicking “Try Free” at the top of our show page. Or, visit https://slate.com/moneyplus to get access wherever you listen.
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continue reading
Welcome to The Clever Investor Show, where your host, Cody Sperber, a seasoned real estate investor and educator, becomes your definitive source for everything in real estate investing and entrepreneurship. Each episode features conversations with giants in the industry like Grant Cardone, known for his real estate investor status; Wes Watson, sharing strategies for success; Eric Spofford, focusing on business growth and niche real estate markets; Pace Morby, a creative financing expert; and ...
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continue reading
The Moneycontrol Podcast is your daily source of business news, investment analysis and advice on stocks and the markets. Tune in to broaden your horizons with podcasts by journalists, experts and analysts giving you a head-start in the investment game.
…
continue reading
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…
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An archive of each full weekday episode of the award-winning program presented by Bruce Whitfield.
…
continue reading
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