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Morning Report 8 May: Aussie shares to extend gains as Dow Jones continues winning streak

Morning Report 8 May: Aussie shares to extend gains as Dow Jones continues winning streak

Released Tuesday, 7th May 2024
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Morning Report 8 May: Aussie shares to extend gains as Dow Jones continues winning streak

Morning Report 8 May: Aussie shares to extend gains as Dow Jones continues winning streak

Morning Report 8 May: Aussie shares to extend gains as Dow Jones continues winning streak

Morning Report 8 May: Aussie shares to extend gains as Dow Jones continues winning streak

Tuesday, 7th May 2024
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 With US stocks consolidating and Aussie shares expected to build on recent gains, the focus is on the Reserve Bank of Australia's surprising decision regarding interest rates. Despite an upgrade in inflation forecasts, the RBA maintained a neutral stance, leaving investors grappling with mixed signals. Tom and Ryan dissect the complexities of the RBA's messaging and its implications for market sentiment.

 

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