AU Morning Wrap: Australian Shares Gain; Kathmandu, Mosaic Brands Dip Amid Slow Retail Sales
Australian shares gain; Kathmandu, Mosaic Brands dip amid slow retail sales. Stocks to watch: Pilbara Minerals, Mosaic Brands.
AU Morning Wrap: ASX Slides; Gold and Oil Slip
Stocks to watch: Fisher & Paykel Healthcare.
AU Morning Wrap: ASX Flat Ahead of RBA Decisions; Superloop Surges
Stocks to watch: KMD Brands, Boral, New Hope, Aussie Broadband, Superloop.
Australia's Q4 Inflation Rate Eases to 0.6%, Falling Below Expectations
The CPI slowed to 0.6% in the December quarter, down from 1.2% in the previous quarter. Market consensus was 0.8%.
Australian Retail Sales Missed Expectations, Dropping by 2.7% in December
In December, retail sales experienced a 2.7 percent decrease from October, a steeper decline than the anticipated 1.9 percent, indicating a reduction in consumer spending leading up to the holiday season.
Australian Inflation Slows in November to 4.3%, Below Forecast
The headline consumer price index increased by 4.3% over the 12 months to November, down from 4.9% in October. This figure came in just below the market forecast of 4.4%.