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Previous close | 8,205.20 |
Open | 8,205.20 |
Volume |
Day's range | 8,107.60 - 8,205.20 |
52-week range | 6,751.30 - 8,285.70 |
Avg. volume | 667,650 |
Investing.com-- The Reserve Bank of Australia had considered raising interest rates earlier in August, the minutes of its recent meeting showed, amid persistent concerns that inflation will remain sticky for longer.
Investing.com-- Australia’s labor market grew much more than expected in July as strong job openings and record-high participation kept the sector running hot and contrary to the Reserve Bank’s expectations for a softer market.
Investing.com-- The Reserve Bank of Australia is no longer expected to hike interest rates in 2024 following some signs of easing inflation in the second quarter, Rabobank analysts said, although chances of a rate cut remained slim.
Investing.com-- Australia’s trade balance grew slightly more than expected in June, aided by a steady increase in exports of iron ore and other key commodities, although the trade surplus still remained close to four-year lows.
Investing.com-- Australia’s job market grew more than expected in June, as high vacancies and a strong amount of participation saw the labor market running hot even as unemployment rose slightly.
Investing.com-- Australian consumer price index inflation grew more than expected in May amid heady housing and food costs, with the data brewing more concerns that the Reserve Bank of Australia will remain hawkish.
Investing.com-- Australia’s job market grew more than expected in May, shrugging off recent signs of cooling as strong labor demand and relatively limited supply of skilled workers also saw the unemployment rate decrease slightly.
Investing.com-- Australia’s trade balance grew more than expected in April, as a drop in key commodity exports was offset by an even bigger decline in imports as local demand soured.
Investing.com-- Australia’s economy grew less than expected in the first quarter, gross domestic product data showed on Wednesday, as weak consumption and softer contribution from exports weighed on overall economic growth.
Investing.com-- Australia retail sales grew at a slower-than-expected pace in April as consumer spending remained under pressure from sticky inflation and concerns over high for longer interest rates.