A dovish tone from the Fed... and markets rallied. Stocks of the day ANZ, CBA, NAB, WBC... episode artwork

EPISODE · Jul 30, 2020 · 12 MIN

A dovish tone from the Fed... and markets rallied. Stocks of the day ANZ, CBA, NAB, WBC...

from The COB from ausbiz

Very much the same old message from the FOMC last night with Chairman J Powell remaining dovish in tone. And in response... markets rallied. The ASX closed up around 0.7% with tech and telcos leading the way. Big night ahead in the US with Facebook, Apple and Google all reporting after their tongue lashings from Capitol Hill's antitrust committee. Our top three VODs today are:Marley Spoon into the greenFortescue already looking to the next decadePricing markets as if the virus is going to be here for the long term Hosted on Acast. See acast.com/privacy for more information.

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A dovish tone from the Fed... and markets rallied. Stocks of the day ANZ, CBA, NAB, WBC...

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