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ASX 200 jumps to 4.5 month high; Virgin cabin crew pay deal; lithium miners rally; $A up on strong jobs data

ANZ appeals continuous disclosure case. Virgin deal avoids pre-Christmas industrial action. Elders investors hit back at exec pay. Allkem, Pilbara jump. 

Equity markets globally are likely to welcome US Fed official predictions for three rate cuts next year. Picture: Bianca De Marchi
Equity markets globally are likely to welcome US Fed official predictions for three rate cuts next year. Picture: Bianca De Marchi

Welcome to the Trading Day blog for Thursday, December 14. The ASX 200 index closes 1.7 per cent higher at 7377.90 points after Wall Street rallied on the US Fed Reserve's pivot to rate cuts.

The Aussie dollar is trading around US67.10c, after hitting a 4.5-month high.

Originally published as ASX 200 jumps to 4.5 month high; Virgin cabin crew pay deal; lithium miners rally; $A up on strong jobs data

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Original URL: https://www.heraldsun.com.au/business/asx-200-to-rise-us-fed-pencils-in-2024-rate-cuts-tesla-pfizer-tumble-apple-lifts/live-coverage/911f3c02a326a3408609ef58d803c33d