Shares within points of all-time high; Megaport shares soar after booking higher revenue; City Chic confirms interest from offshore suitors. Follow updates here.
Australian shares are set to open up. The US Treasury unexpectedly cut its estimate for federal borrowing for the current quarter. December retail sales ahead.
Australian futures tilting higher. Oil touches two-month high. CPI and the Federal Reserve meeting are at the top of this week’s agenda. Follow updates here.
Shares fluctuated in a narrow range after data pointed to resilient growth and cooling inflation, further easing pressure on the Fed to cut rates in March.