"ASX 200 futures are trading 35 points higher, up 0.49% as of 8:20 am AEST.Major US benchmarks continued to push higher ahead of key inflation data, the Nasdaq announces a special rebalance to curb the dominance of megacaps, three Fed officials back more rate hikes to bring inflation back to target, UK wage growth hits a record high, oil prices hit a 10-week high as the US dollar weakens and JPMorgan's scenario analysis for the US inflation print."
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