The Australian Bureau of Statistics will release the September quarter CPI data, which is expected to see annual headline inflation to fall, but underlying measures remain above the Reserve Bank's 2-3 per cent target band. Wall Street finished mixed, and the ASX could fall slightly at the open. Follow the latest updates in our live blog.
The Australian Bureau of Statistics will release the September quarter CPI data, which is expected to see annual headline inflation to fall, but underlying measures remain above the Reserve Bank's 2-3 per cent target band.We'll bring you the latest on what's happening on the markets throughout the day in our live blog .to explain why the company is acquiring five Apparel Brands from Premier Investments in a deal worth more than $900 million.
This is the busiest week for S&P 500 earnings in the quarter, with eyes on five of the "Magnificent Seven" companies that are reporting results. "I think one of the things the market is digesting is the idea of some degree of convergence in earnings growth between the high fliers - the Magnificent Seven that are obviously very high in terms of market weighting - versus the rest of the market," said Bill Merz, head of Capital Markets Research for US Bank's asset management group.
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