Afternoon trading March 13

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

Aussie shares rose for a second day amid signs US investors are willing to be patient with much-anticipated interest rate cuts despite signs inflation is increasingly sticky.

The ASX 200 lifted 23 points or 0.29% by mid-session. Gains in consumer stocks, banks and property trusts helped offset declines in miners, energy producers and industrials.

The S&P 500 rallied 1.12% to a new high overnight despite mildly disappointing US inflation data. Annual growth in the Consumer Price Index lifted to 3.2% from 3.1% in January. Core inflation increased by 0.4% for a second straight month, a headwind for financial markets betting on up to four US rate cuts this year.


Personal trading: Lacklustre morning. Half a pip from NYR. In and out of BRX for brokerage. Meh.