Description
Wall Street sees some modest declines following a series of record highs. The US dollar hits a two-year high, while US bond yields ratchet higher ahead of influential US inflation data. Meanwhile, Bitcoin eases from record highs, with Trump vowing to make the US the 'crypto capital'. In Europe, concerns over China weigh on shares, with markets posting their worst session in three months. Locally, the ASX is expected to slip as copper falls to a two-month low, and Ryan previews wage data and CBA earnings results.
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Wall Street saw sellers take charge as investors prepare for the Thanksgiving break. The bond market brought some relief, with interest rates falling as inflation figures came in softer than expected. Technology stocks struggled to maintain momentum, with the recent rally halting due to downbeat...
Published 11/27/24
The market has rebounded today following the slight declines of yesterday. Laura and Stevie reflect on the session yesterday which was the worst decline in two weeks and the performance that we saw today. Tariff concerns are in conversation today and they discuss how international and local...
Published 11/27/24