CommSec Market Update

Morning Report 21 Aug 25: Tech-led slide continues after Fed minutes

20 Aug 2025

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US markets retreated as investors digested the latest Fed minutes, which reinforced the central bank’s focus on taming inflation. Treasuries extended gains following a strong bond auction, while the US dollar slipped after Donald Trump called for Fed governor Lisa Cook to resign. In company news, Target appointed an insider as CEO to spearhead its turnaround, TJX (the owner of TJ Maxx) beat expectations, and Estée Lauder moved to cut prices despite the drag from tariffs. Back home, Aussie shares are set to open higher, supported by rising oil prices and local investors will be watching earnings from Whitehaven Coal, Bega Cheese, Brambles, and Goodman Group. 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 21 Aug 25: Tech-led slide continues after Fed minutes

This episode hasn't been transcribed yet

Other episodes from CommSec Market Update

AM 03 Jun 26: Tech shares drive S&P 500 to record high

PM 02 Jun 26: ASX Inches Lower

AM 02 Jun 26: Nvidia surge sparks Wall Street rally

PM 01 Jun 26: Softer June start for ASX

AM 01 Jun 26: ASX to dip ahead of big economic week

PM 29 May 26: ASX surges to end week and month higher

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