Wall Street was mostly lower overnight despite softer-than-expected US inflation data reducing expectations of another Federal Reserve rate hike this month, while longer-term bond yields continued to climb. The ASX is poised for a weaker open after yesterday posting its best session in eight weeks as cooler Australian inflation eased expectations of another near-term RBA hike. Plus, why Australia’s housing downturn is continuing to deepen.

Join James Gruber, Equity Market Strategist and James Tao, Equity Market Commentator at CommSec, as they take you through all the key numbers.

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