Ultima Markets[Market Hotspot] Investors Seeking New Catalysts, Australia...

2 month 26 Monday, AustraliaS&P/ASX 200 The index has risen for the third consecutive trading day, up0.12%, enclosed in 7,653 Points. semiconductorAILeading company Nvidia released quarterly results that exceeded expectations last week, with optimistic sentiment enveloping technology stocks and global stock markets experiencing ups and downs.

Large Australian financial and consumer stocks led gains, with Federal Bank leading the wayCommonwealth Bankrise1%West Pacific BankWestpacBankingrise0.4%Macquarie GroupMacquarieGrouprise0.6%Xinong GroupWesfarmersSoaring1.8%Volvo GroupWoolworthsrise0.3 % %。 Other important index components, such as PilbaraMinerals(Rising) 5.7%）、CSL Ltd(Rising) 0.7%）And Xero(Rising)2.1%）Also achieve a follow-up increase.

In terms of business news, due to competitors in broadband retailers Aussie Broadband propose 4.666 A $100 million acquisition proposal for a network infrastructure providerSuperloop Stock price skyrocketed 14.3%。 However,SuperloopInvestors declined the acquisition offer after market hours.

(ASX 200 Index annual chart)

Due to the uncertainty of local inflation, it may affect the Reserve Bank of Australia (RBA) For future decisions, the Australian dollar has moderately declined against the US dollar0.656Breaking away from the peak of the past three weeks. Expected Australia1The monthly inflation rate will slightly rebound to3.5%, and12The month is3.4%。 However, higher than expected results may lead investors to re speculate that the Bank of Australia will raise interest rates again.

The recent meeting minutes of the Federal Reserve Bank of Australia indicate that its February policy meeting is considering the possibility of interest rate hikes. Due to signs of easing inflation, we chose to maintain the status quo. The Bank of Australia has hinted that it will wait for more evidence to ensure inflation approaches its predetermined target before abandoning the interest rate hike option.

(Monthly chart of AUD/USD)

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