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ASX 200 tipped to slip, Wall Street mixed

Stocks are set to open lower as the Dow rallied but other US indexes dipped. RBA speech on economy ahead.

A lack of positive momentum in the two biggest sectors of the Australian sharemarket suggests it will trade sideways to down while investors await the outcome of the FOMC meeting next week. Picture: Gaye Gerard
A lack of positive momentum in the two biggest sectors of the Australian sharemarket suggests it will trade sideways to down while investors await the outcome of the FOMC meeting next week. Picture: Gaye Gerard

Welcome to the Trading Day blog for Tuesday, September 14. Australian stocks are tipped to open lower as Wall Street traded mixed amid inflation concerns.

European markets were higher and aluminium reached $US3000 a tonne for the first time in 13 years. Locally, RBA chief Philip Lowe delivers a speech on “delta, the economy and monetary policy”.

Originally published as ASX 200 tipped to slip, Wall Street mixed

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Original URL: https://www.themercury.com.au/business/asx-200-tipped-to-slip-wall-street-mixed/news-story/5785f2881517bf45efeb18396142b748