Afternoon trading June 15

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    Thanks @shovel40, @Fiji1 and morning crew.

    Half-time wrap:

    The share market trimmed a fourth day of gains after unexpectedly hot jobs data pointed to further interest rate hikes.

    The ASX 200 shaved a 36-point opening rally to 19 points or 0.27% at the halfway mark.

    The Australian benchmark lost altitude after the May jobs report showed the economy added 76,000 positions, dragging the employment rate down to 3.6% from 3.7%. The report propelled the ten-year bond yield back above 4% as traders factored in the prospect of higher rates.

    The market steadied after softer-than-expected Chinese factory and retail sales figures firmed up the possibility of more government stimulus measures to shore up the economy. The nation's central bank cut another lending rate today.





    Personal trading: Battled all morning for a trade and finally got a skinny couple of pips from a part-fill in ZEU. Kept waiting for a deeper retrace in GRE than eventuated.

 
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