The ASX gained today, rallying 0.25% or 17.50 points to 7,032.70 and crossing above its 50-day moving average. Gains came on the back of lower-than-expected.
The ASX is expected to rise today. ASX 200 futures are 4 points or 0.05% higher to 7,153, as of 7:30am AEST. If it does rise, which isn’t guaranteed, it.
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Petrol prices are expected to have pushed consumer prices higher last month, though it’s unclear whether the report will have much impact on policymakers.
The Australian market ended the day lower after GDP growth figures came in better than expected at around midday. The ASX 200 lost 0.76% or 55 points to.