CommSec Market UpdateCommSec Market Update

Morning Report 17 Apr 24: Aussie shares to slip as Powell confirms delay in rate cuts

View descriptionShare

Fed Chair Jerome Powell dropped hints about delaying rate cuts, possibly causing Aussie shares to dip, but the market stayed relatively calm. The question now is - will it stay that way? United Health scored big with revenue just shy of a billion, while Johnson & Johnson stumbled a bit. Tesla's still feeling the squeeze thanks to company-wide layoffs, and in Europe, they're eyeing rate cuts for June despite expected delays in the US, setting the stage for potential market divergence. 

 

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.

  • Facebook
  • Twitter
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

  1. CommSec Market Update

    515 clip(s)

CommSec Market Update

CommSec Market Update is the podcast that will help you to stay ahead of the trends with daily exper 
Social links
Follow podcast
Recent clips
Browse 516 clip(s)