EPISODE · Aug 28, 2020 · 11 MIN
The market got smoked today - closing down 0.9%. CSL and the miners were down around 1.5% and gold also took a hit...
from The COB from ausbiz
The market got smoked today - closing down 0.9%. CSL and the miners were down around 1.5% and gold also took a hit. The banks managed to offset some of the losses, benefiting from J Powell's Jackson Hole speech last night which sparked a rise in longer dated bond yields. The AUD also benefited from more positivity around the US economy, crossing the 73 cent mark for the first time in two years. Our top three VODs today are:When Gerry met GemmaAFG CEO: "COVID-19 is a watershed moment for mortgage brokers"CEO Chat: The vintner biding its time when it comes to ChinaHave a great weekend... Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
The market got smoked today - closing down 0.9%. CSL and the miners were down around 1.5% and gold also took a hit. The banks managed to offset some of the losses, benefiting from J Powell's Jackson Hole speech last night which sparked a rise in longer dated bond yields. The AUD also benefited from more positivity around the US economy, crossing the 73 cent mark for the first time in two years. Our top three VODs today are:When Gerry met GemmaAFG CEO: "COVID-19 is a watershed moment for mortgage brokers"CEO Chat: The vintner biding its time when it comes to ChinaHave a great weekend... Hosted on Acast. See acast.com/privacy for more information.
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The market got smoked today - closing down 0.9%. CSL and the miners were down around 1.5% and gold also took a hit...
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