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CommSec Market Update

Market Close 26 July 23: Market responds to inflation data with 5 month high

26 Jul 2023

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The market closed in the green today, hitting a 5 month high. 8 of the 11 sectors finished up with materials on top once again and real estate on the bottom. Inflation data decreased to 6% today, which was lower than expected and will there be an interest rate increase in the US? The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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