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CommSec Market Update

Morning Report 9 Apr: Aussie shares to open higher as investors await the key event of the week

08 Apr 2024

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Wall Street ends on a flat note in anticipation of key CPI figures, as the Aussie market gains momentum. Bond yields continue their upward trend, signaling potential shifts in market dynamics, while the likelihood of a rate cut in June falls below 50%. Tesla shares see a boost after Elon Musk's robotaxi announcement but remain among the year's worst performers.  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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