Morning Report 10 July 24: Wall Street reflects on Powell and looks ahead to CPI

The S&P 500 edges higher, consolidating around record levels, while commodity prices ease as the US dollar gained. Overseas, European stocks retreat, particularly in mining and energy sectors. The Kiwi interest rate decision is expected today. Locally, futures point to a lower open for the ASX200, and the Aussie dollar remains steady at 67.4 US cents. 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.