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ASX ends up but CPI boost fades; Harvey Norman first strike; upbeat Temple & Webster soars; CSL, Fisher & Paykel gain

RBA tipped to hold rates next week after inflation cools more than expected. Strong Harvey Norman protest vote as sales slow. Fisher & Paykel, CSL, Temple & Webster among gainers.

Valerina Changarathil, Joseph Carbone and Megan Neil
less than 2 min read
5:55AMNovember 29, 2023.
Updated 5:03PMNovember 29, 2023
The Australian Business Network
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Equity investor sentiment is being driven fresh inflation data at home and overseas and its impact on rates decisions. Picture: Gaye Gerard
Equity investor sentiment is being driven fresh inflation data at home and overseas and its impact on rates decisions. Picture: Gaye Gerard

Welcome to the Trading Day blog for Wednesday, November 29.  The ASX 200 index closes 0.3 per cent higher at 7035.30 points, as a post-CPI rally fades. Wall St closed flat.

The Aussie dollar is near US66.46c. 

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Rate hikes furore ‘a lot of noise’: RBA
Patrick Commins

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-to-rise-before-oct-inflation-data-wall-st-muted-as-usd-bond-yields-fall-on-dovish-fed-signalling/live-coverage/6a74f1f34ce972f5141f0fb4c989cc72