Market participants remain keenly focused on consumer inflation, believing that central banks such as the RBA will start to cut official rates once it’s apparent inflation is under control.
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Share markets surged in November following a flat October US CPI print and hints from the US Federal Reserve that the hiking cycle may have ended.
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MARKET SUMMARY for 7th August 2023 AUTHOR: Allan Grant and Ian Holliday
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MARKET SUMMARY for 7th August 2023AUTHOR: Allan Grant and Ian Holliday
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Share markets saw robust gains during June despite bond yields rising.
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