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Australian Associated Press: Aust shares edge higher as tech climbs again

CalendarJune 13, 2023
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Australian Associated Press: Aust shares edge higher as tech climbs again The local market has finished slightly lower for a fourth straight session, this time amid weakness in the energy and material sectors. Corpay Cross-Border Solutions' Currency Strategist for the APAC market, Peter Dragicevich, shared that markets have become too optimistic regarding how far and fast inflation might slow from here, and that risks are skewed towards aggressive US Federal Reserve rate cut bets to be pared back over the period ahead. Read more here: https://www.msn.com/en-au/money/news/aust-shares-flat-at-midday-as-mining-energy-weigh/ar-AA1ct4nl

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