After days of consolidation, the US dollar has reclaimed its spot in the winner's circle, as US yields rise despite ongoing geopolitical tensions. In company news, Target shares tumbled after the retailer slashed its profit outlook. At the same time, Ford announced plans to cut 14% of its European workforce, citing the shift to EVs and intensifying competition. Additionally, packaging giant Amcor gained on news of a potential merger. Meanwhile, oil prices dipped as US crude inventories increased. Looking ahead, Aussie shares are expected to open lower, ahead of Governor Michelle Bullock's upcoming speech, and the Aussie dollar remains under pressure due to the recovering US dollar.

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.

After days of consolidation, the US dollar has reclaimed its spot in the winner's circle, as US yields rise despite ongoing geopolitical tensions. In company news, Target shares tumbled after the retailer slashed its profit outlook. At the same time, Ford announced plans to cut 14% of its European workforce, citing the shift to EVs and intensifying competition. Additionally, packaging giant Amcor gained on news of a potential merger. Meanwhile, oil prices dipped as US crude inventories increased. Looking ahead, Aussie shares are expected to open lower, ahead of Governor Michelle Bullock's upcoming speech, and the Aussie dollar remains under pressure due to the recovering US dollar.
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.

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