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Market Close 20 Sep 24: Winning streak continues for ASX 200

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Manage episode 440832258 series 2978934
Innhold levert av CommSec. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av CommSec eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

The ASX 200 continued its winning streak today amid news of Japan holding rates steady and U.S tech stocks surging on hopes of further cuts. Locally, commodity prices rose due to a weaker U.S. dollar, benefiting miners and energy stocks, though lithium miners struggled. The August jobs report showed strong part-time job growth, while RBA economists pushed rate cut expectations to December. Next week, investors will be watching the RBA's rate decision, inflation updates, and significant dividend payouts from major companies.

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.

  continue reading

717 episoder

Artwork
iconDel
 
Manage episode 440832258 series 2978934
Innhold levert av CommSec. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av CommSec eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

The ASX 200 continued its winning streak today amid news of Japan holding rates steady and U.S tech stocks surging on hopes of further cuts. Locally, commodity prices rose due to a weaker U.S. dollar, benefiting miners and energy stocks, though lithium miners struggled. The August jobs report showed strong part-time job growth, while RBA economists pushed rate cut expectations to December. Next week, investors will be watching the RBA's rate decision, inflation updates, and significant dividend payouts from major companies.

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.

  continue reading

717 episoder

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