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CommSec Market Update

Morning Report 09 June 23: Interest rate hopes push Wall St higher

08 Jun 2023

Description

Tom is joined by Ryan ahead of the long weekend to discuss how a moderating economy impacted US stocks overnight, the reaction by European investors as a “mild” recession is entered, and something to smile about for Carvana stockholders.  They pre-empt some important news from China, the bigger picture around Iron Ore, and discuss what could be ahead for today with the ASX 200 set to kick off with solid improvement.   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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