Market wraps 10th January 2025
Weekly Wrap 10 January
Join Grady in the first Weekly Wrap of 2025. The ASX200 advanced 0.95% in the first trading week of the year (Mon – Thurs). Economic data was released this week, which saw inflation cooling, increasing the likelihood of an RBA rate cut in February. However, a strong labour market and persistent inflationary pressures may lead the RBA to hold rates steady.
In this week’s wrap, Grady covers:
- (0:38): what the latest CPI reading means for markets
- (1:42): how retail sales performed over the Black Friday sale period
- (2:25): what to except from the RBA’s next meeting
- (4:05): how the ASX200 performed this week so far
- (4:53): the most traded stocks & ETFs by Bell Direct clients
- (5:20): economic news items to watch out for.