Business
ASX rises ahead of record deflation, Wall Street rally loses steam – ABC News
The Australian share market trades cautiously ahead of today’s inflation result, which is expected to be the lowest on record on the back of prices falling sharply in the June quarter.
The local share market is trading cautiously, as global markets stalled ahead of some key economic events.
Market snapshot at 7:50am (AEDT):
- ASX SPI futures -0.4pc at 5,960, ASX 200 (Tuesday’s close) -0.4pc at 6,021
- AUD: 71.55 US cents, 55.31 British pence, 61.05 Euro cents, 75.19 Japanese yen, 5.009 Chinese yuan, $NZ1.075
- US: Dow Jones -0.8pc at 26,379, S&P 500 -0.7pc at 3,218, Nasdaq Composite -1.3pc at 10,402
- Europe: UK (FTSE): +0.4pc at 6,129, Germany (D…
Continue Reading
-
Noosa News13 hours agoMan arrested following alleged armed rape and kidnapping in Maroochydore
-
Noosa News9 hours agoRetail worker allegedly raped at gunpoint before 3½-hour kidnapping ordeal
-
Business13 hours agoUp 113% in a year, ASX 200 gold stock reports Q1 sales of 91,477 ounces
-
General6 hours agoEmergency operation underway after reports of bodies north-east of Falls Creek