SBS On the Money: Inghams plunges ahead of Powell speech

OTM MARKETS - Generic 5, interest rates, stocks (Getty).jpg

Source: SBS News

SBS On the Money
View Podcast Series

Get the SBS Audio app

Other ways to listen

The ASX ended the day flat as traders look to an upcoming speech by Federal Reserve chair Jerome Powell for clues on the next move in US interest rates. Plus – Poultry supplier Inghams plunges on its results. For more on today’s market drivers, Rhayna Bosch speaks with Isaac Poole, Chief Investment Officer at Ascalon Capital.

Listen to Australian and world news and follow trending topics with
SBS News Podcasts.


Share

Latest podcast episodes

OTM - Qantas planes (AAP).jpg

Treasurer approves Qatar's 25% buy of Virgin Australia & Qantas posts bumper profit

OTM - WFH, computer, personal finance.jpg

Inflation remains within RBA target, but household essentials still high

Untitled design(13).jpg

ASX hits six week low as reporting season continues

OTM - Generic, Australia, bank notes, money, cash (Getty).jpg

Wages growth slows & NAB shares slammed

Recommended for you

A composite image of the logos of Australia's big four banks

How much the RBA rate cut will save you, and which banks have passed it on

central banking

Diverse group of men, women, and children standing in sunny back yard of modern one-story home, talking and drinking as meat cooks on grill.

'Pay their fair share': Should Australia tax its $3.5 trillion inheritance wave?

money

Donald Trump, in a dark suit and a red-striped tie, is speaking at a podium, pointing with one finger.

Donald Trump says Australia has been 'very, very good to us', amid tariff concerns

international relations

A woman wearing a wedding dress and holding a bouquet of flowers poses for a photo.

She felt her first wedding was for her family. Zhang's second was a solo affair

marriage

Busy shoppers and workers in Sydney.

'Unusual' temperatures, increased rain: Here's what's in BoM's latest long-range forecast

weather

North Macedonia's foreign minister Timčo Mucunski speaking while seated.

The top diplomat who thinks Australia — and the world — should embrace Trump

international relations

Opposition leader Peter Dutton wearing a suit, tie and glasses while seated in the House of Representatives.

Peter Dutton wants toughened citizenship-stripping powers. How can you lose it?

politics

An early childhood educator playing with children in a childcare centre.

Labor's subsidised childcare policy has passed parliament. Here's what it will mean

auspol