ASX to fall, Wall Street slides on earnings, outlook angst

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 90%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Australian shares are set to open lower. The Nasdaq is pacing losses in New York. First-quarter CPI in focus. $A slides. US 10-year yield drops.

An indigenous labour hire firm linked to underworld figure Mick Gatto has emerged as a big winner in a $222 million Victorian government road upgrade project.The defence review wants Australia to be able to strike at distance and defend in depth but says little about the greater Indo-Pacific power balance.AUD -1.1% to 66.24 US centsIn New York: BHP -3.4% Rio -3.6% Atlassian -7.6%Stoxx 50 -0.5% FTSE -0.3% CAC -0.6% DAX +0.1%Iron ore -1.9% to $US101.

“Key for the RBA will be the extent of the slowdown in core inflation, particularly the trimmed mean measure. The RBA’s projections in its February SMP imply that the central bank was expecting trimmed mean inflation to slow to around 1.4 per centQoQ/6.6 per centYoY, in line with our forecasts, and down from 1.7 per centQoQ/6.9 per centYoY in 4Q ’22.

“Given the RBA’s focus on avoiding a recession, we think the bar for RBA to restart hikes is high. A CPI report largely in line with our projections would increase our confidence in a continued pause in May.”: ”Our economists’ expectation is for headline CPI to lift 1.2 per cent q/q and for trimmed mean inflation to lift 1.5 per cent q/q and 6.8 per cent y/y. We think core inflation overall will lift 1.45 per cent q/q and 6.

“We expect the largest upward contributions to headline inflation this quarter to be from housing , food , health, education, and a range of household services.”: “We are below consensus on both the headline CPI and trimmed mean measure in Q1. We expect headline inflation to ease to 1.2 per cent q/q from 1.9 per cent last quarter. This would bring the annual print to 6.8 per cent y/y, from 7.8 per cent y/y in Q4.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

How the Australian housing industry boomed into a generational problemIn 2021, building construction boomed, house prices shot up to new highs and mortgages swelled as more Australians got into property for the first time, and households got smaller as people searched for more room.
Fonte: theage - 🏆 8. / 77 Consulte Mais informação »