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Australian Share Market Subdued as Wall Street Sets Records

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Australian Share Market,Wall Street,Records

The Australian share market is expected to have a subdued Friday despite Wall Street's record-breaking performance. New research suggests that climate change will lead to a rise in inflation, including food prices. Additionally, a bank review reveals that mortgage borrowers are spending more on repayments and living expenses than they earn.

The Australian share market looks set for a subdued Friday, even as Wall Street's main indices set fresh records, and Reddit debuts on the market with a massive share price jump. Follow the day's financial news and insights from our specialist business reporters on our live blog.The S&P/ASX 200 is lower at lunchtime today, dropping 0.47% to 7744, with energy, finance and utilities sectors leading the move down.

The worst performing stocks are Genesis Minerals and Telix Pharmaceuticals, while Fisher & Paykel Healthcare and Virgin Money are the top performers at the moment.New research is showing climate change will lead to a rise in inflation, including food prices. That's from a study by an environmental scientist and the European Central Bank that looked at monthly price tags of food and other goods, temperatures and other climate factors in 121 nations since 1996. of mortgage borrowers spend more on their mortgage repayments and essential living expenses than they earn. In its latest half-yearly review, the bank estimates this could peak above 6 per cent by the middle of this year if inflation remains higher than expected and interest rates were to rise half a percentage point above current levels.It seems obvious that people with the least are hurting the most, but it's sometimes not noted by those in charge of pulling the lever

 

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Live updates: Australian share market edges up ahead of RBA interest rate decision, Wall Street advancesThe Australian share market has started the day marginally higher, while the Reserve Bank is almost universally tipped to keep interest rates on hold this afternoon. Follow the latest updates in our live blog.
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Live updates: Australian share market flat ahead of RBA interest rate decision, Wall Street advancesThe Australian share market has started the day marginally higher, while the Reserve Bank is almost universally tipped to keep interest rates on hold this afternoon. Follow the latest updates in our live blog.
ソース: abcnews - 🏆 5. / 83 続きを読む »

Australian Share Market Set for Subdued Friday Despite Wall Street's RecordsThe Australian share market is expected to have a subdued Friday despite Wall Street's record-breaking performance. Reddit also makes its market debut with a significant increase in share price. Read live updates on the major ASX indices and follow the day's financial news and insights from our business reporters.
ソース: abcnews - 🏆 5. / 83 続きを読む »

Reddit Surges on Share Market DebutThe Australian share market looks set for a subdued Friday, even as Wall Street's main indices set fresh records, and Reddit debuts on the market with a massive share price jump.
ソース: abcnews - 🏆 5. / 83 続きを読む »

Live updates: Australian share market to open flat ahead of RBA interest rate decision, Wall Street advancesThe Australian share market is set for a muted open, while the Reserve Bank is almost universally tipped to keep interest rates on hold this afternoon. Follow the latest updates in our live blog.
ソース: abcnews - 🏆 5. / 83 続きを読む »