Morning Report 13 Aug 25: US inflation fuels bets that Fed will cut rates

Wall Street surged to new record highs as investors celebrated subdued goods inflation, with two-year US Treasury yields falling after the release of the consumer price data. Meanwhile, Airline stocks jumped as airfares lifted, while in commodities, oil prices dipped ahead of inventory reports. Back home, Aussie shares are expected to extend gains from all-time highs, and the Aussie dollar has strengthened despite yesterday's rate cut from the RBA. Today, earnings reports from CBA, AGL Energy and Treasury Wine Estates will be in focus. 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.