Sign up for free to listen for longer

Get unlimited radio, access to exclusive and original podcasts and non-stop music stations.

Control the way you listen to your favourite music, podcasts and radio.

Already have an account?

Log in

Sign up for free to listen for longer

Get unlimited radio, access to exclusive and original podcasts and non-stop music stations.

Control the way you listen to your favourite music, podcasts and radio.

Already have an account?

Log in

Morning Report 26 May 25: Trump tariff threats spark market uncertainty

Morning Report 26 May 25: Trump tariff threats spark market uncertainty

CommSec Market Update
9 min
25 May
Mark as played
Share

About the episode

Wall Street slipped as investors grew cautious over renewed trade tensions, following fresh comments from Donald Trump, who insisted Apple must pay a 25% tariff on iPhones. Deckers' stock took a sharp hit, plunging on signs of a slowdown in sales of its popular Hoka brand. Meanwhile, renewable energy stocks and interest rate markets held steady after recent volatility, with the latter calming following jitters around the US spending bill. In commodities, oil prices rose on short covering ahead of the Memorial Day holiday, and gold jumped 2% on safe haven demand. Closer to home, the ASX is set to open lower on Monday ahead of Elders’ earnings release, while the Aussie dollar surged on broad weakness in the US dollar. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.