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CommSec Market Update

Market Close 03 Feb 25: Trump’s tariffs impact markets amid concerns of a trade war

03 Feb 2025

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Laura and Stevie join us on a day where we erased almost half of last month’s gains in a single session.  In this ‘worst day in five months’ Laura and Stevie unpack this sea of red, and the part that Trump’s tariff decisions have played in the losses.  With all of the sectors in negative territory they unpack the performance across the board, and look at the Aussie dollar too which has seen huge drops alongside crypto. 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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