The ASX200 slipped about 0.25% to a three week low, extending a five session losing run as volumes picked up despite state holidays. Energy led declines even as oil rallied, while Atlas Arteria jumped on a $7bn IFM takeover bid and Megaport and Newmont outperformed. Key risks this week are Wednesday’s Aussie inflation print major US tech earnings and the Fed decision.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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