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Morning Report 27 June 24: Aussie stocks to slump with investors spooked by inflation

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Manage episode 425798841 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 continues to grind ahead of key inflation figures, while Aussie shares are expected to fall sharply as inflation data spooks investors. Micron Technology declined in late trading after its forecast failed to meet the sky-high expectations of some investors. Australia now has the highest inflation in the developed world, with commodity prices under pressure due to a push in the US dollar.

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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621 episodes

Artwork
iconShare
 
Manage episode 425798841 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 continues to grind ahead of key inflation figures, while Aussie shares are expected to fall sharply as inflation data spooks investors. Micron Technology declined in late trading after its forecast failed to meet the sky-high expectations of some investors. Australia now has the highest inflation in the developed world, with commodity prices under pressure due to a push in the US dollar.

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

621 episodes

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