TikTok: Geopolitics sours sentiment as investors await payrolls report; Stock of the day RMD... episode artwork

EPISODE · Aug 7, 2020 · 11 MIN

TikTok: Geopolitics sours sentiment as investors await payrolls report; Stock of the day RMD...

from The COB from ausbiz

Trump's threats to shut out TikTok and WeChat seem to have soured sentiment across the region with the Shenzen composite down over 2.5%. The RBA SOMP again flagged a protracted recovery which added to the gloomy atmosphere. The ASX200 closed down 0.62% with big days for FLT (up 6.3%), CTD (up 6.4%), CLW (up 5%) and SGR (up 4.5%). US out-of session futures are also down, pointing to a soft start for Wall St tonight...Our top three VODs are:CEO Chat: The Melbourne professor turned part-owner in $200M listed medtechSOMP Panel: There are issues creeping up on the Australian economyAustralia is ripe for expansion Hosted on Acast. See acast.com/privacy for more information.

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TikTok: Geopolitics sours sentiment as investors await payrolls report; Stock of the day RMD...

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