Weekly Wrap 28 June

This week, the market witnesses a sharp reversal in the artificial intelligence driven rally. Investors are re-evaluating their portfolios in light of the approaching end of FY24 and Australia’s recent inflation data. The Reserve Bank of Australia’s decision to hold rates at 4.35% was followed by hawkish comments, seemingly justified by higher-than-expected inflation figures.
In this week’s wrap, Grady covers,
• (0:43): what is driving inflation to remain sticky
• (2:24): an analysis on the unemployment rate
• (3:35): the impact of inflation on Australia’s rate outlook
• (4:34): the best performing stocks on the ASX200 this week
• (5:25) the most traded stocks & ETFs by Bell Direct clients
• (5:55): economic data to watch out for next week.
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Facebook: / belldirectau. .
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[@hotchinahk]

Thank you for your market report and analysis this financial year, looking forward to see you again next FY, have a nice weekend 🤞🤞

[@unclenick1968]

Thank you, is it beer o'clock yet?

[@samartz]

Nup, kfc lol!

[@samartz]

Kfc family feast time!