Laura Bessarati
๐ค SpeakerAppearances Over Time
Podcast Appearances
Keep in mind as well, this Friday, Jerome Powell, the current Fed chair, his term will end.
So it depends what happens tonight if he does get voted in, whether or not Kevin Walsh will replace him on Friday on his last day.
Yeah, locally anyway, because overseas in the United States, we get inflation data on Tuesday night and business inflation on Wednesday night.
And then, of course, locally, we do have ResMed trading ex-dividend on Wednesday.
and a dividend payment from Washington H. Sol Pattinson on Thursday and more company updates throughout the week as well.
And of course, we have US and China's leaders meeting at the tail end of this week, which will be a big one as well.
A listener production.
And find out what's ahead for investors next week.
Oof, it's been a nasty session for the Aussie market.
At the moment, down by 1.5%.
That means we are on track for our worst day in seven weeks.
We also saw US markets lower overnight.
So that gave us quite a negative lead in.
But remember the session before they did hit a record high.
I think they hit two record highs this week.
So, you know, investors sort of looking past, you know, the ebbs and flows with the US-Iran tensions over the course of this week and really focusing on US earnings, which have been better than expected for the most part, which is why the US market has certainly been outperforming us here in Australia.
Looking across the different sectors in afternoon trade, it's almost a sea of red.
We're only seeing telecom up
very marginally up by just a quarter of 1%, but pretty steep falls right across the board from most of the other sectors.
The hardest hit is the financials, so not helpful at all when that's our largest sector.