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CommSec Market Update

Morning Report 16 May 24: Inflation relief sends Wall Street to record highs

15 May 2024

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US indices soar to unprecedented heights on the heels of surprising CPI figures, signaling potential rate adjustments according to Tom and Ryan. With tech surges and retail eyes on Walmart, markets react to US economic data. European markets remain steady as commodities gain ground amid a dollar dip. Anticipation mounts for the Aussie market as the ASX 200 is poised for gains and the Aussie dollar hits a four-month high, closing strong   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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