After falling 1.7 per cent last week, the ASX looks set to continue that downward trajectory today with the futures market pricing in a 0.2 per cent drop on opening.
Follow the day's financial news and insights from our specialist business reporters on our live blog.The RBA's rate decision on Tuesday is the key diary item for the week. "The guidance that the board 'is not ruling anything in or out' is likely to remain, as is the statement that it will be 'some time yet' before inflation is sustainably back at the target," Mr Jarman said.
All three likely to be supported by the government's national equipment and consumer trade-in programs.Across the ditch, New Zealand's GDP is expected to rise 0.1% over the first quarter — not a lot, but it would be enough to end the technical recession over there.Stephen Letts from ABC business team limbering up for another blow-by-blow, post-by-post blog of the day's events on the markets and in finance.
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