The ASX giving back some of its earlier gainst, but has stabilised and is still sitting comfortably 0.6% the green, BHP, and Westpac, and Macquarie helping to drive the market up today all up over 1%. A broadly solid morning session, with all market sectors in the green.
Global financial markets will focus on this week's U.S. consumer price data, which should give clearer signs on the pace of inflation and fresh hints on the frequency of Federal Reserve rate hikes through the end of the year.
Meanwhile, in Europe, most of the focus will be on the Bank of England policy meeting, which looks set to keep interest rates on hold due to a recent spate of disappointing economic data, capping a sharp swing in the outlook for the British central bank.
Elsewhere, market participants will also be looking ahead to monthly trade figures out of China, though it is likely still too early to see any impact from the recent trade dispute with the U.S.
The market will also have to navigate other things that worry it in the coming week, such as ongoing trade war talk between the U.S. and China as well as the Trump administration's decision on whether to pull out of the 2015 international nuclear deal and reinstate sanctions against Iran.
Refreshment choices are the vague name "Juice" back by popular demand, and a black oil like substance I am assured is definitely not oil, probably not toxic and, probably contains caffeine.
