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Morning Report 29 May 24: Aussie stocks set to open lower ahead of key inflation data

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Sinopsis

US markets didn’t return refreshed from their long weekend.  Tom and Ryan discuss this sluggish performance, the lift in treasury yields, and the part that discussions around interest rate ‘hikes’ played in pushing interest rates higher.  They look at the economic data set to influence local markets today, and the current standing for the Aussie 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.See omnystudio.com/listener for privacy information.