Australian stockmarket up at the opening following Wall Street's lead

Subdued inflation (2.7% YoY) fuels Fed rate cut hopes; EL, COCO, SPB, CELH rally 3-3.5%. EL near 52-week high.

Australian stockmarket up at the opening following Wall Street's lead

US corporate bankruptcies hit highest since 2020! Retailers like Forever 21 & Del Monte Foods cite high rates & demand woes.

Subdued inflation fuels Fed rate cut hopes; CENT +4%, ENR +3.3%, LW +3.7%, UTZ +3.4%, BRBR +3%.

US debt hits $37T! Efficiency claims fade as national debt soars. Traders eye inflation risks.

Inflation cools, Fed rate cut hopes surge! ACVA, EBAY, UPWK rally. UPWK's 3.2% jump amid volatility, institutional buy.

JPMorgan warns tariffs could shave GDP, lift inflation