Afternoon trading August 27

Thanks @shovel40, @Fiji1, @uncleBuck, @JohnI and morning crew.

Half-time wrap:
Aussie shares edged higher as positive US leads helped investors look past a jump in inflation and a mixed batch of domestic corporate earnings as a messy full-year reporting season nears its conclusion.
The ASX 200 gained 13 points or 0.15% by mid-session.
The market briefly shed its gains after a surge in inflation last month prompted financial markets to discount the expected size of rate cuts this year. Headline annual inflation soared unexpectedly to 2.8% last month from 1.9% in June, the ABS reported mid-morning.
"This is the highest annual inflation rate since July 2024, following several months of easing inflation," Michelle Marquardt, ABS head of prices statistics, said.
Core annual inflation rose to 3.2% from 2.5%. Both figures were significantly higher than economists expected. Market pricing on rate cuts shrank to a cumulative 34 basis points by December from 45 bp before this morning's report.
Gains in the high-street banks and most of the miners offset double-digit dives in Woolworths and Domino's Pizza. The supermarket slumped 13.6% and the pizza chain shed 18.5%, the latest victims of a bruising month for companies that disappointed analysts' expectations. Other notable victims included CSL, James Hardie and QBE.
There was better news for investors in SiteMinder, Tabcorp and Lovisa, rewarded with double-digit gains ranging from 15.2% up to 23.9%.
US stocks marched higher overnight as optimism about tonight's Nvidia trading update overshadowed growing concerns about the independence of the Federal Reserve after President Donald Trump fired a board member. The S&P 500 firmed 0.41%.

Personal trading: Took an eternity to get anything. Few pips from ABY. Trivial part-fill in ACW.
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