Australian shares were flat on
Tuesday as losses in energy stocks countered gains in banks and
gold stocks, while traders awaited U.S. inflation data for
insight on the timing of the Federal Reserve s.
Australian shares retreated from
record high levels on Monday, with heavyweight mining and
banking stocks dragging down the benchmark as investors turn
their attention to the central bank s monetary.
Australian shares hit a record high
on Friday, fuelled by miners and gold stocks, while the U.S.
inflation data bore no surprises with traders assessing Federal
Reserve officials comments earlier in.
Australian shares fell on Thursday,
dragged down by losses in miners and banks, while investors
globally awaited a key U.S. inflation report due later in the
day for further clues on when the Federal.
Australian shares inched lower on
Wednesday after a four-session winning run, as losses in
financials outweighed gains in mining stocks, while data showed
that domestic consumer price inflation held.