Morning Report 03 Aug 23: U.S Government sees credit rating downgrade

Tom and Ryan look at the downgrade of the U.S Government credit rating and what this means for the markets today. Meanwhile Aussie shares are expected to open lower ahead of trade and retail spending data. Tom looks at the performance of some insurance stocks and Ryan previews the Bank of England’s interest rate decision. Plus the team have the commodities and the AUD.  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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