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ASX 200 jumps 1.6pc in biggest bounce since January; INPEX takes Enel Green Power stake

Gold miners pace gains after US CPI print. INPEX takes 50 per cent Enel Green Power stake. Origin gets $70m from Labor for hydrogen project. Domestic air fares at one-year low.

David Rogers, Valerina Changarathil, Hayden Johnson and Matt Bell
less than 2 min read
6:09AMJuly 13, 2023.
Updated 5:21PMJuly 13, 2023
The Australian Business Network
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Global equity markets are likely to be buoyed by gains on Wall Street. Picture: Gaye Gerard
Global equity markets are likely to be buoyed by gains on Wall Street. Picture: Gaye Gerard

Welcome to the Trading Day blog for Thursday, July 13. The S&P/ASX 200 index rose 1.6 per cent to 7246.90 - its best session since January as cooling US CPI fuels bets that the Fed is nearing the end of lifting rates.

Read related topics:ASXCommonwealth Bank Of AustraliaFortescue MetalsMedibankOricaQantas

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Original URL: https://www.theaustralian.com.au/business/trading-day/live-asx-200-to-track-wall-st-gains-us-cpi-cools-to-3pc/live-coverage/60aec2ea2ac689a879ef54b755a91621