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Market Close 26 Jun 24: ASX nosedives after inflation data surprises

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Laura and Stevie start the episode by calling this a ‘terrible day on the share market’.  Join them as they unpack this on a day where Inflation data was significantly higher than expectations.  They look at how this has impacted market sentiment, discussions around rate hikes, and what further upcoming economic data could do to the movements that we saw today.  They talk through the stocks that caught their attention, sector performance, and reflect on the week overall.

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.

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