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ASX to tread water ahead of inflation data; ANZ flags $196m Suncorp Bank charge
The sharemarket is expected to open flat after a mixed session on Wall Street, as investors await key inflation data. ANZ to book $196m Suncorp Bank charge. Qantas in focus after damning revelations.
Welcome to the Trading Day blog for Monday, October 28. The ASX 200 index is set to open fractionally lower as investors await inflation data.
The ASX 200 futures is down 0.1 per cent early Monday morning after the Dow Jones Industrial Average fell 0.6 per cent to 42,114.4 points, while the S&P 500 closed flat at 5,808.1.
Investors are awaiting the release of key domestic inflation data on Wednesday that will help the Reserve Bank decide when to cut interest rates. US jobs data is also due out later this week.
The Australian dollar is trading around US66.06c.
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Originally published as ASX to tread water ahead of inflation data; ANZ flags $196m Suncorp Bank charge