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CommSec Market Update

Market Close 07 Jul 25: Is Trump extending the tariff deadline?

07 Jul 2025

Description

Laura is back with Stevie today and kicks things off with some controversy discussing Trump’s tariff deadline not coming to fruition.  They unpack how this has and could move markets going forward, and address discussions of further tariffs.  A lift in expected oil production failed to have a dramatic impact on the energy sector, they address the moves across the other sectors with financials losing some ground and look at what to expect in the days ahead as the US market comes back online and the RBA interest rate decision looms. 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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