The ASX200 is set for solid gains at the start of trade, with futures pointing to a nearly 1% increase following new record highs in the US market. Oil prices have risen due to evidence of improving US demand, and precious metals have firmed as the Greenback softens. US Federal Reserve Chairman Jerome Powell has reiterated his stance on rate cuts and technology names lead Wall Street higher. European markets have recovered from recent losses, and the Australian dollar remains steady against the Greenback.

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.

The ASX200 is set for solid gains at the start of trade, with futures pointing to a nearly 1% increase following new record highs in the US market. Oil prices have risen due to evidence of improving US demand, and precious metals have firmed as the Greenback softens. US Federal Reserve Chairman Jerome Powell has reiterated his stance on rate cuts and technology names lead Wall Street higher. European markets have recovered from recent losses, and the Australian dollar remains steady against the Greenback.
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