Monday Market Highlights: 17 June 2024

In this week’s Monday Market Highlights, Investment Analyst Jerram Lindsay discusses US markets, which were lifted by increasing expectation of interest rate cuts, US CPI data, and US producer index and initial jobless claims. He also looks into the FOMC June meeting, the European Commission’s announcement that it will levy new duties on imports of battery electric vehicles from China, and Australian unemployment data. In equity news, Jerram covers Apple’s Apple Intelligence and Tesla. Also in Australia, he looks into the ACCC’s preliminary findings on the proposed acquisition of Chemist Warehouse by Sigma Healthcare.   This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change.