Live updates: ASX primed for new record after Wall Street rally rolls on, key retail sales, construction and Chinese data due this morning

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Mon, December 2, 2024

[ Mon, Dec 02nd 2024 ]: Bill Williamson

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Live updates: ASX primed for new record after Wall Street rally rolls on, key retail sales, construction and Chinese data due this morning

//business-finance.news-articles.net/content/202 .. struction-and-chinese-data-due-this-morning.html

Published in Business and Finance on Sunday, December 1st 2024 at 15:30 GMT by Bill Williamson
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The ASX is primed for a 0.2 per cent rise this morning after another record close on Wall Street, but the markets will be watching this morning's releases of key retail and building data. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

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The article from ABC News provides a comprehensive overview of the latest developments in the Australian Securities Exchange (ASX) and broader financial markets as of December 2, 2024. It discusses the ASX's performance, highlighting key movements in major indices like the S&P/ASX 200, and individual stock performances. The report includes insights into economic indicators, such as employment data, inflation rates, and interest rate decisions by the Reserve Bank of Australia (RBA). Additionally, it covers significant corporate news, including mergers, acquisitions, and earnings reports from prominent companies. The article also touches on global market influences, commodity prices, and currency fluctuations, offering a holistic view of the factors affecting the Australian market. Furthermore, it provides expert analysis and market sentiment, giving readers a sense of the economic outlook and potential investment strategies.

Read the Full Australian Broadcasting Corporation Article at:
[ https://www.abc.net.au/news/2024-12-02/asx-markets-business-news-live-updates/104670626 ]

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