Australia's market backdrop remains heavy, with another rate rise deepening the tension between inflation control and a cooling labor market, as job vacancies slipped again. Commod
Australia's market backdrop remains heavy, with another rate rise deepening the tension between inflation control and a cooling labor market, as job vacancies slipped again. Commodity weakness is a key drag, with lithium and iron ore extending losses even as Brent crude holds above the hundred-dollar mark. The tape reflects that push-pull: rate-sensitive sectors under pressure from tightening policy while energy strength offers partial offset, and G20 divisions over industrial policy add a layer of global uncertainty.
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