Wall Street experienced its third consecutive session of selling momentum, leading to a plunge in US stocks. The ASX is expected to open lower ahead of today's Reserve Bank interest rate decision. The 10-year US Treasury yield dropped to its lowest level in over a year, oil prices hit a seven-month low, and metal prices fell to a four-month low. Meanwhile, the Aussie dollar firms as the US dollar sank to a seven-month low.

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.

Wall Street experienced its third consecutive session of selling momentum, leading to a plunge in US stocks. The ASX is expected to open lower ahead of today's Reserve Bank interest rate decision. The 10-year US Treasury yield dropped to its lowest level in over a year, oil prices hit a seven-month low, and metal prices fell to a four-month low. Meanwhile, the Aussie dollar firms as the US dollar sank to a seven-month low.
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.

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen.



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.

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily expert commentary as the market opens and closes.  Whether you are invested in the stock market, or just looking to get started, join the team from Australia’s leading online broker and follow the changes as they happen.
 
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.

Insights, interviews and the latest news and information on investment markets from CommSec, Australia's leading online broker.

Advertisement