Trading Day: ASX set to follow strong US lead
Stocks are set for a positive start after Wall Street hit record highs on Friday.
Welcome to the Trading Day blog for Monday, July 26. The Australian sharemarket is set for a positive start after Wall Street hit record highs on Friday, as strong earnings reports outweighed concern about a resurgence of coronavirus.
Key events this week include Australia’s June quarter CPI data on Wednesday and the Federal Reserve’s interest rate decision early on Thursday, Australian time.
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Originally published as Trading Day: ASX set to follow strong US lead
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