News Snapshot:
On Wall Street, all three major benchmarks advanced with the tech sector pacing the gains after data bolstered the case that inflation continues to track lower, potentially providing the Fed with room to hold when policymakers next meet on September 19-20. Among key news and decisions this week is the RBA’s policy gathering on Tuesday and the Bank of England’s on Thursday. Here’s what NAB is expecting tomorrow: “We expect the RBA to hold rates steady on Tuesday, though they will keep a tightening bias. Markets are pricing just a 24 per cent chance of a hike, though economists are...
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