Morning Report 29 July 24: Wall Street surges on inflation relief

Join Tom and Ryan as they discuss the week ahead in Australian and global markets. Technology stocks recover after recent losses, and investors brace for more AI-based earnings from Meta, Amazon, Microsoft, and Alphabet. Interest rates fall as the US Federal Reserve's meeting is anticipated to signal a rate cut in September. Locally, the ASX is expected to open higher despite headwinds from lower commodity prices, and the Aussie dollar continues its recent slide. 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.