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CommSec Market Update

Morning Report 11 Apr 24: ASX to fall following shock US inflation data

10 Apr 2024

Description

Tom and Ryan join you fresh off the close of the US market this morning following hotter than expected inflation data that has likely quashed discussions of a rate cut in June.  They unpack this data revealing how far from target it was, bonds are back in the conversation and they look at how market sentiment has shifted each of the sectors. 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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