Investors focus on inflation, central banks

Original article by Jessica Sier
The Australian Financial Review – Page: 20 : 25-Jul-16

Futures traders expect the Australian sharemarket to gain about four points when trading resumes on 25 July 2016. The local bourse is likely to benefit from a positive lead from Wall Street, having lost ground in the previous trading session. Investors will be awaiting the upcoming release of inflation data for the June quarter, which could provide guidance on the Reserve Bank’s next move on the interest rate front. The US Federal Open Market Committee’s monetary policy statement will also be closely scrutinised by investors.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, RESERVE BANK OF AUSTRALIA, UNITED STATES. FEDERAL OPEN MARKET COMMITTEE, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, CAPITAL ECONOMICS LIMITED, BANK OF JAPAN

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