Marker 05

With inflation expected to drop to the RBA’s target of 2-3% in Wednesday’s quarterly update, will the market be waiting to react?

MARKET WRAP:
ASX200: up 0.34% to 8,249
GOLD: $2,766 US/oz
BITCOIN: $108,021 AUD
Travel tech company Serko surging 22% to $3.00 on the news that it would expand its operations in North America in partnership with Nasdaq-listed Sabre Corp.
Mineral Resources repaired some recent damage, gaining back 7.2%
Real estate stocks were stronger with Goodman Group 1.2% higher, and Stockland & Vicinity Centres both higher.
Cettire saw its shares fall by 17.3% to $1.77.

CURRENCY UPDATE:
AUD/USD: 65.69 US cents
AUD/GBP: 50.7 pence
AUD/EUR: 60 Euro cents
AUD/JPY: 100 Japanese yen
AUD/NZD: 1.10 NZ dollars

With inflation expected to drop to the RBA’s target of 2-3% in Wednesday’s quarterly update, will the market be waiting to react?
MARKET WRAP:
<ul>
<ul>
<li aria-level="1">ASX200: up 0.34% to 8,249</li>
<li aria-level="1">GOLD: $2,766 US/oz</li>
<li aria-level="1">BITCOIN: $108,021 AUD</li>
</ul>
</ul>
<ul>
<li aria-level="1">Travel tech company Serko surging 22% to $3.00 on the news that it would expand its operations in North America in partnership with Nasdaq-listed Sabre Corp.</li>
<li aria-level="1">Mineral Resources repaired some recent damage, gaining back 7.2%</li>
<li aria-level="1">Real estate stocks were stronger with Goodman Group 1.2% higher, and Stockland &amp; Vicinity Centres both higher.</li>
<li aria-level="1">Cettire saw its shares fall by 17.3% to $1.77.</li>
</ul>
CURRENCY UPDATE:
<ul>
<li aria-level="1">AUD/USD: 65.69 US cents</li>
<li aria-level="1">AUD/GBP: 50.7 pence</li>
<li aria-level="1">AUD/EUR: 60 Euro cents</li>
<li aria-level="1">AUD/JPY: 100 Japanese yen</li>
<li aria-level="1">AUD/NZD: 1.10 NZ dollars</li>
</ul>

Join Deborah Knight for Money News, the most respected business program on radio.


If you crave the latest insights into super & small business, interest rates & investment, and economics & e-commerce, then the team at Money News has everything you need to know.


Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing moneynews@2gb.com

Join Deborah Knight for Money News, the most respected business program on radio.
 If you crave the latest insights into super &amp; small business, interest rates &amp; investment, and economics &amp; e-commerce, then the team at Money News has everything you need to know.
 Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing <a href="mailto:moneynews@2gb.com">moneynews@2gb.com</a>

Advertisement