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Market performance will be ‘interesting’ after Jackson Hole Economic Summit

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CommSec’s Tom Piotrowski it will be interesting to see how the markets perform in the aftermath of the U.S. Federal Reserve’s Jackson Hole Economic Symposium.

“Last night there was no signs of anxiety – we saw US markets actually finish around their best levels of the session,”

he said.“Interesting to note there was a drop in long-term interest rates – so moving back towards that three per cent mark.”

 

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‘Interesting’ to see how Aussie market performs ahead of Jackson Hole conferenceCommSec’s Tom Piotrowski says it will be “interesting” to see how the Australian market performs ahead of the important outcome of the Jackson Hole economic conference in the United States on Friday. “There is an excuse that is used to describe all situations for the price movements at present, and that is the convention of central bankers from around the world in Jackson Hole on Friday US time,” he told Sky News Australia. “It’s being invoked as an excuse that the markets are pensive.” Presented by CommSec
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