ASX 200 slips ahead of US CPI; Medibank hit by cyber attack; Qantas soars as it flags profit
ASX edges lower ahead of the release of US CPI data. Qantas rockets on profit beat, NIB sinks after raising, Elmo rockets amid Accel-KKR talks and Medibank hit by cyber attack.
Welcome to the Trading Day blog for Thursday, October 13. The Australian sharemarket edges slightly lower on broad falls led by real estate before the release of US inflation data this evening.
The S&P/ASX 200 index fell 0.1 per cent to 6642.60 with majority of sectors in the red.
On Wall Street, the S&P 500 fell 0.3 per cent, the tech-focused Nasdaq lost 0.1 per cent and the Dow Jones Industrial Average was also off 0.1 per cent.
US 10-year bond yields fell to 3.90 per cent while two-year yields were down to 4.29 per cent.
Oil prices fell with Brent crude down 2 per cent to $US92.45 per barrel and US WTI fell 2.3 per cent to $US87.27 per barrel.
Singapore iron ore futures are off 0.8 per cent to $US93.10 per tonne.
The dollar was US62.78c at the close.