CommSec Market Update

Morning Report 05 Jun 24: ASX to open lower on concerns of growth data stalling

04 Jun 2024

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Join Tom and Ryan as they discuss Wall Street's recovery on the back of softer employment figures, and the pressure on Aussie shares due to declining commodity prices. As the 5th of June unfolds, they delve into the implications of the Jolt Survey results, revealing the lowest level of US job openings in over three years, and what this means for the Federal Reserve's interest rate decisions. In Europe, markets faced downward trends with significant losses in energy stocks and commodities, while the local picture has the ASX 200 opening lower. 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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CommSec Market Update

Morning Report 05 Jun 24: ASX to open lower on concerns of growth data stalling

This episode hasn't been transcribed yet

Other episodes from CommSec Market Update

AM 26 May 26: ASX set for positive open on Iran deal hopes

PM 25 May 26: Third day of gains for ASX

AM 25 May 26: April inflation data & Trump's slow peace progress grip the ASX

PM 22 May 26: Weekly gain for ASX

AM 22 May 26: US-Iran peace deal within hours?

PM 21 May 26: Lower chance of rate hikes?

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