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Morning Report 22 July 24: Aussie investors on edge as US President Joe Biden withdraws

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Manage episode 430035775 series 2978934
Inhoud geleverd door CommSec. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door CommSec of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Investors are cautious following President Joe Biden's withdrawal from the presidential race. The US dollar is strengthening as investors anticipate interest rate cuts. Technology stocks have plummeted due to the global cyber outage, while safe-haven assets are in focus amidst US political uncertainty. In other news, oil prices have dropped to their lowest levels since June, copper has hit a three-month low due to China's economic gloom, and Aussie miners are on edge as commodity prices retreat.

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.

See omnystudio.com/listener for privacy information.

  continue reading

Hoofdstukken

1. Morning Report 22 July 24: Aussie investors on edge as US President Joe Biden withdraws (00:00:00)

2. Marker 01 (00:07:06)

741 afleveringen

Artwork
iconDelen
 
Manage episode 430035775 series 2978934
Inhoud geleverd door CommSec. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door CommSec of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.

Investors are cautious following President Joe Biden's withdrawal from the presidential race. The US dollar is strengthening as investors anticipate interest rate cuts. Technology stocks have plummeted due to the global cyber outage, while safe-haven assets are in focus amidst US political uncertainty. In other news, oil prices have dropped to their lowest levels since June, copper has hit a three-month low due to China's economic gloom, and Aussie miners are on edge as commodity prices retreat.

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.

See omnystudio.com/listener for privacy information.

  continue reading

Hoofdstukken

1. Morning Report 22 July 24: Aussie investors on edge as US President Joe Biden withdraws (00:00:00)

2. Marker 01 (00:07:06)

741 afleveringen

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