Australian Associated Press: Early gains fading for Australian shares at midday

Australian Associated Press: Early gains fading for Australian shares at midday Local shares were struggling to hold on to early gains at midday as the market searched for direction ahead of crucial US inflation readouts. Corpay Cross-Border Solutions' Currency Strategist for the APAC market, Peter Dragicevich, shared insights into how the bounce-back in commodity prices and robust wage growth indicates that US inflation will come in above market expectations, rattling equities and strengthening the US dollar against its trading pairs. Read more here: https://thewest.com.au/business/markets/early-gains-fading-for-australian-shares-at-midday-c-11523366