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CommSec Market Update

Market Close 08 Oct 24: A choppy session for the Aussie market following data out of China

08 Oct 2024

Description

The Aussie market started flat today before progressing into a ‘choppy’ session.  US markets were down overnight in response to jobs data, Laura reflects on this and the impact that this had on local markets, and China is in focus once more amid disappointment around further stimulus packages.  Laura unpacks the performance of each of the sectors, the latest RBA minutes regarding interest rate cuts, and the upcoming economic data that could move markets. 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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